Frequent Power Outages and Increasing Funding For Humanitarian Operations to Augment Growth of Emergency Blankets Market
Emergency blankets provide a comfortable layer of warmth during times when the temperature drops at night. These blankets are often used in disaster areas to provide protection against the effects of severe weather. An emergency blanket can also be used as a safety blanket, to prevent injury or even death in the event of a fire. An emergency blanket is specifically designed to keep a person comfortably warm in the event of a low temperature, such as during the night. They come in many different varieties and can be found in many styles.
Market Dynamics
Frequent
power outages are expected to propel growth of the global emergency blanket smarket. For instance, in February 2021, Texas, U.S. witnessed power
outage. Severe weather conditions are
also expected to boost demand for emergency blankets. For instance, in February
2021, Memphis, U.S. declared a state of emergency a day after a severe weather
system dumped several inches of snow.
Increasing
funding for humanitarian operations is expected to offer lucrative growth
opportunities for players in the global emergency blankets market. For
instance, in October 2019, FCA granted around US$ 121,000 from its relief fund
to support humanitarian operations in northeast Syria. Moreover, increasing
number of emergency shelters is also expected to aid in growth of the market.
For instance, in February 2021, The City of Albuquerque, U.S. started two extra
emergency overflow shelters during the latest storm.
Among
regions, North America is expected to witness significant growth in the
emergence blankets market, owing to severe winter weather in the region. For instance,
in February 2021, the U.S Government sent 60 generators, several blankets and
other supplies to Texas to help address mass power outages in the region.
Competitive Analysis
Major
players operating in the global emergency blankets market include, McKesson
Medical-Surgical Inc., XIAMEN FIRSTCARE IMP. & EXP. CO.,LTD, Zhangjiagang
Xiehe Medical Apparatus & Instruments Co., Ltd, COMED, Geratherm, Briggs
Healthcare, IndoSurgicals Pvt. Ltd., PRIMA CARE MEDICAL SUPPLIES, Dukal
Corporation, and Swiss Safe Emergency Supplies.
Major
players operating in the global emergency blankets market are focused on
adopting various strategies to enhance their market share. For instance, in
February 2021, Dukal Corporation introduced the Dukal Family Crest, a new brand.
Similarly, in January 2021, Geratherm announced to present its products at the
ARAB HEALTH 2021.
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