Feb 13, 2019   SOURCE: BusinessWire

The Global Woolen Blanket Market, 2019 to 2023 - Increasing Demand from Emerging Economies - ResearchAndMarkets.com

The "Global Woolen Blanket Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The woolen blanket market will register a CAGR of over 2% by 2023.

Wool provides several benefits, which drive its adoption. Woolen blankets are ideal for windy and snowy weathers. Wool is a highly durable fiber and is easy to clean. Therefore, woolen blankets need very little washing or laundry. It also dries quickly. Further, wool is hypoallergenic in nature. Therefore, it rarely causes allergic reactions.

Dust mites thrive in a moist environment where bacteria can grow. As woolen blankets wick moisture away, they act as a barrier against the growth of dust mites. In addition, woolen blankets are more durable and can last for decades. Thus, the benefits provided by woolen blankets are expected to be prominent factors driving the growth of the market.

Increasing demand from emerging economies

Emerging countries are expected to grow faster than developed countries in the global woolen blanket market. Increased spending on durables by consumers due to improved living standards in developing as well as underdeveloped economies globally is expected to see a growth factor for the market during the forecast period.

Lack of addressable market

Even though woolen blankets provide several advantages the addressable market remains a major challenge for market growth. The sale of woolen blankets in countries with tropical climates is a major challenge.

In tropical countries, the hot weather lasts for at least seven to eight months, which are considered as the slack period for the global woolen blanket market. Therefore, the woolen textile industry is a seasonal phenomenon in these countries, which poses a challenge for the growth of the woolen blanket market in these countries.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Players

  • MiniJumbuk
  • New Zealand Wool Blankets
  • Pendleton Woolen Mills
  • Urbanara
  • Woolrich

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry

PART 06: MARKET SEGMENTATION BY END-USER

  • Comparison by end-user
  • Residential - Market size and forecast 2018-2023
  • Commercial - Market size and forecast 2018-2023
  • Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DRIVERS AND CHALLENGES

PART 10: MARKET TRENDS

  • Advent of organic-certified woollen blanket
  • Advent of electric blanket
  • Increasing free trade agreements

PART 11: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 12: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • MiniJumbuk
  • New Zealand Wool Blankets
  • Pendleton Woolen Mills
  • Urbanara
  • Woolrich

For more information about this report visit https://www.researchandmarkets.com/research/t4ht67/the_global_woolen?w=4