India: Electric Blanket Market 2025

Electric Blanket Market Size in India

The Indian electric blanket market contracted significantly to $X in 2021, declining by -28.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a pronounced decline. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Electric Blanket Exports

Exports from India

In 2021, electric blanket exports from India skyrocketed to X units, with an increase of 23% compared with the previous year's figure. In general, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of 251%. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in the immediate term.

In value terms, electric blanket exports surged to $X in 2021. Over the period under review, exports posted a buoyant increase. The growth pace was the most rapid in 2015 with an increase of 280%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Canada (X units), the United States (X units) and Israel (X units) were the main destinations of electric blanket exports from India, together accounting for 74% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +173.5%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for electric blankets exports from India, comprising 50% of total exports. The second position in the ranking was held by Israel ($X), with a 17% share of total exports. It was followed by Canada, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +47.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (0.0% per year) and Canada (+116.6% per year).

Export Prices by Country

In 2021, the average electric blanket export price amounted to $X per unit, increasing by 152% against the previous year. Overall, the export price saw a relatively flat trend pattern. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Nepal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bhutan (-3.1%), while the prices for the other major destinations experienced a decline.

Electric Blanket Imports

Imports into India

For the fifth consecutive year, India recorded growth in overseas purchases of electric blankets, which increased by 6.8% to X units in 2021. In general, imports posted prominent growth. The most prominent rate of growth was recorded in 2018 when imports increased by 211% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, electric blanket imports rose remarkably to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 223% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main electric blanket supplier to India, accounting for a 98% share of total imports. It was followed by Italy (X units), with a 1.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +12.0%.

In value terms, China ($X) constituted the largest supplier of electric blankets to India, comprising 74% of total imports. The second position in the ranking was held by Italy ($X), with a 19% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled +10.8%.

Import Prices by Country

The average electric blanket import price stood at $X per unit in 2021, rising by 5.5% against the previous year. Over the period under review, the import price, however, continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2019 when the average import price increased by 37%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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