Fire Blankets: Growing Popularity in a World of Rising Fire Safety Concerns Market Expected to Reach USD 384.29 Million by 2029, Driven by Stringent Regulations and EV Safety Needs: The fire blanket market , valued at USD 268 million in 2022, is estimated to grow at a CAGR of 6.1% by 2030. Several factors are fueling this growth: Urbanization and expanding commercial spaces: Increased demand for fire safety measures in densely populated areas and buildings. Stringent fire safety regulations: Governments worldwide are mandating the inclusion of fire safety equipment, including fire blankets. Growing awareness of fire hazards: Media coverage of fire incidents is raising public awareness and prompting individuals to invest in fire safety products like blankets. Unique challenges of electric vehicles (EVs): The rise of EVs presents new fire safety risks due to lithium-ion batteries. Fire bl...
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