The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Window Blinds market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Window Blinds
This newly published and insightful report sheds light on Market Insights of Window Blinds, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Window Blinds Market.
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According to a recent Fact.MR study, window blinds sales are estimated to exceed 110 million units in 2019. The window blinds industry continues to be influenced by a range of factors, such as increasing home renovation and remodeling activities, complemented by growing focus on revamping the aging infrastructure. The study analyzes the window blinds market in detail, and offers readers a thorough analysis of macroeconomic and industry-specific factors impacting the market growth.
According to the study, home improvement activities significantly contribute to growth of the window blinds industry. LIRA, the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University finds that, in the US alone, remodeling activities are witnessing a significant rise, as elevating real-estate prices hold majority of consumers from making new property investments, directing their focus toward maintenance and renovation activities instead. This, coupled with the advent of eco-friendly and recyclable materials such as jute and bamboo with the focus on sustainability among industry players and consumers alike, has been favoring sales of window blinds.
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Key Segments Covered
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Product Type
- Horizontal Window Blinds
- Vertical Window Blinds
- Roman Window Blinds
- Roll Up Window Blinds
-
Window Pane Operation
- Manually Operated Window Blinds
- Electrically Operated Window Blinds
-
Application
- Residential Window Blinds
- Commercial Window Blinds
- Industrial Window Blinds
-
Sales Channel
- Hypermarkets/Supermarkets
- Specialty Stores
- Independent Retailers
- Online Sales
- Company Websites
- 3rd Party Online Sales
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Key Takeaways from the Market Study
- Roll-up blinds to remain most popular selling product, contributing around 40% revenue
- Demand for window blinds for residential buildings to contribute 50% revenue
- By window pane operation, electrically operated blinds to be most preferred, growing at 5% CAGR
- North America to account for more than 1/3rd revenue share in the global window blinds market
- Europe to be the largest contributor to global revenue shares, capturing half of the total market
- South Asia to emerge as the fastest growing market, clocking a CAGR of 5.5%
“Existing residential and commercial complex owners are reinforcing their commitment towards sustainability, prompting them to undertake internal renovation activities, impelling deployment of insulating and energy saving window blinds,” says a Fact.MR analyst.
Competitive Landscape
Prominent manufacturers are reliant on such expansion strategies as acquiring existing small-scale market players, launching new products and forging collaborations with notable manufacturers. Prominent developments in the industry are as follows:
- In January 2021, Springs Window Fashions declared its intent to purchase B&C International, one of Europe’s major window treatment providers. B&C makes custom and ready-made window treatments under the Bece, Decosol, and private label brands in the Netherlands.
- In 2018, Hunter Douglas Inc. launched a revolutionary blackout technology- the Dutette® LightLockTM system, which is engineered to prevent light leakage at the window. These honeycomb shaped shades use unique U-shaped side channels which overlap the front and back shades.
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- Growth of Window Blinds Market
- Market Analysis of Window Blinds
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More Valuable Insights on Window Blinds Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Window Blinds, Sales and Demand of Window Blinds, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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