Core Viewpoint - The electric blanket industry in China is experiencing significant advancements in heating materials, smart control, and safety, with a projected market size of 5.9 billion yuan in 2024, reflecting a year-on-year growth of 25.53% [1][11]. Industry Overview - Electric blankets convert electrical energy into heat and are primarily composed of heating wires, temperature controllers, and power lines. They are used mainly in cold seasons to provide warmth [1][4]. Industry Development History - The electric blanket industry in China has evolved through four stages: 1. Initial stage (before 1996) focused on technology introduction and safety issues. 2. Development stage (1996-2010) saw the establishment of safety standards and improvements in heating wire design. 3. Maturity stage (2010-2020) introduced new heating materials like carbon fiber and graphene, enhancing efficiency and safety. 4. Innovation stage (2020-present) emphasizes smart technology integration and health benefits [4][5]. Industry Supply Chain - The supply chain includes upstream materials such as heating wires, fabrics, and temperature sensors, with manufacturing in the midstream and end-users primarily being households, commercial spaces, and healthcare sectors [7]. Market Size - The electric blanket market in China is projected to reach 5.9 billion yuan in 2024, with a 25.53% increase from the previous year. New regulations will enforce stricter safety standards and electromagnetic radiation limits [11][13]. Key Enterprises - The industry is characterized by a few dominant players, with Rainbow Group leading the market. The company has over 150 patents and is involved in the entire production chain [17][19]. Industry Development Trends 1. **Smart and Personalized Development**: Future electric blankets will integrate with smart home systems for remote control and personalized settings [24]. 2. **Health Functions and Eco-friendly Materials**: The focus will be on health benefits and the use of sustainable materials, including features like infrared heating and biodegradable packaging [26]. 3. **Market Demand and Technological Innovation**: The market is expected to grow to 7 billion yuan by 2025, driven by increased consumer awareness and technological advancements [27].

Sales Growth in Small Appliances - The 618 promotional event combined with national subsidies has significantly boosted sales in the small appliance market, with online platforms like JD and Tmall reporting substantial increases in sales [1][5] - During the 618 event, sales of summer small appliances such as cooling fans and ice-making water purifiers saw remarkable growth, with portable fan sales increasing by 300% and ice-making water purifiers by 350% year-on-year [1][5] - Offline stores also experienced a surge, with Suning's small appliance sales increasing by 69% since the start of the 618 event, driven by high-ticket items like robotic vacuums and washing machines [2] Consumer Preferences - Consumers are increasingly drawn to smart and health-oriented small appliances, with robotic vacuums featuring improved interactive functions and practical designs becoming popular [3][4] - The demand for cleaning appliances has surged, with robotic vacuums and washing machines accounting for 70% of small appliance sales in stores [3] - Health-focused products like water purifiers and low-coating rice cookers have seen significant sales increases, with water purifiers up by 195% [4] Market Trends and Innovations - The national subsidy policy and promotional discounts have stimulated consumer confidence and demand, leading to a projected high-quality development phase for the small appliance market by 2025 [5][6] - The average prices of various kitchen small appliances have risen, with rice cookers increasing by 20.74% and steamers by 37.42% year-on-year [5] - Companies like Bear Electric and Supor are focusing on product upgrades and innovation, targeting high-end flagship products and expanding into diversified business areas [6]