Global Blinds and Shades Market – Industry Trends and Forecast to 2029

Market Analysis and Size

The real estate business has experienced rapid expansion in recent years, resulting in an increase in the value of the residential building. As the number of dwellings grows, so does the need for window coverings, which is driving up the price of window blinds. The increase in household spending is also a major driver of the window blind business. Celebrity endorsements and television ads have also influenced the expansion of the window blind market.

Global Blinds and Shades Market was valued at USD 10.08 billion in 2021 and is expected to reach USD 13.28 billion by 2029, registering a CAGR of 3.50% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behavior.

Report Scope and Market Segmentation

Market Definition

Blinds and shades can be defined as hard covering and mainly utilized for windows. Though the blinds and shades can feature soft materials such as the honeycomb slats or roman shades or blinds, because of their operational uses, they come under the hard category.

Blinds and Shades Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Increased Demand Across Residential as well as Commercial Sector

Blinds and shades are both safe and attractive when it comes to enhancing the environment. They are important in providing energy-efficient security at homes, and with continued growth and advancements in the product, insulation, which is most commonly required in harsh weathers, is garnering a large consumer base for the blinds and shades market. As these goods are utilized to control internal temperatures, light, and ventilation during both hot and cold circumstances, consumers are choosing blinds and shades as an effective way to renew their house and wall decor. In addition, prior years have seen an increase in the amount of home renovations and people attempting to improve their lifestyles. In addition, manufacturing sub-sectors such as transportation and aviation have helped to keep the building industry afloat. Moreover, global trends in house design for small, compact, and modest footprints are driving demand for window solutions to renew their home and wall designs.

• Surging Demand For Organic, Eco-Friendly Products

The  rising demand for organic and eco-friendly fabrics due to growing user inclination for healthier products and increasing concerns about toxic chemicals, pesticides, and sensitivities, will further propel the growth rate of blinds and shades market.

Furthermore, manufacturers are emphasizing product durability to safeguard clients from adverse weather such as excessive heat, cold, and hailstorms. Additionally, the increased demand for Roman blinds is being driven by rapid urbanization and changes in the level of living. Furthermore, rising demand for security in both residential and business settings is boosting the global market for blinds and shades. The growing popularity of customized and fashionable blinds and shades will also help to propel the market forward.

Opportunities

• Innovation and Increased Demand

Furthermore, the continuous development and innovations in the product further extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the high demand for automatic and motor-operated blinds and shades will further expand the future growth of the blinds and shades market.

Restraints/Challenges

• Availability of Substitutes

There are replacements for blinds and shades on the market. Tie-up curtains, window film, roller and shutter shades, grass shades, and other alternatives are less expensive. Some of the products are low-cost, while others have a longer shelf life. Compared to blinds and shades, roller shutters have a longer shelf life and better security. As a result, this factor will create hindrances for the blinds and shades market growth.

• Emergence of Counterfeit Products

The designs of the major manufacturers are being copied by certain regional companies in the blinds and shades business. These types of operations are posing a threat to the global blinds and shades market's growth. Therefore, this factor is anticipated to challenge the blinds and shades market growth rate.

This blinds and shades market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the blinds and shades market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Blinds and Shades Market

The recent outbreak of coronavirus had a huge impact on the blinds and shades market. The disruption in the supply chain and global limits on trading operations have resulted in a decrease in material consumption globally. As nations adopt a state of lockdown, the world is witnessing a halt in production and a dip in economic activity, and the epidemic is likely to extend and hinder corporate growth into 2021.

On the brighter side, the market for trendy, fashionable, innovative, fashion-forward, and energy-saving window processing solutions is expected to grow in the post-pandemic period. Due to ongoing technology improvements to increase product functionality and performance, the smart automated blinds and shades market is likely to be the most popular. For the blinds and shades business to flourish, manufacturing activity must return and distribution must expand. Customers favored personalized blinds and shades before to the COVID-19 pandemic. Due to the spread of technology expertise around the world, consumers are more likely to pick smart window solutions to replace electronic window blinds and shades in the near future.

Recent Development

• In January 2021, B&C International, one of Europe's major window treatment providers, will be purchased by Springs Window Fashions. B&C makes custom and ready-made window treatments under the Bece, Decosol, and private label brands in the Netherlands. The Netherlands, France, Belgium, Denmark, and Norway are among the markets where B&C's products are offered.

Global Blinds and Shades Market Scope

The blinds and shades market is segmented on the basis of product, fabric, operating system, application and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Roller Shades
• Vertical Shades and Blinds
• Panel Blinds
• Roman Shades and Blinds
• Venetian Blinds
• Honeycomb Shades
• Pleated Shades
• Others

 Fabric

• Natural
• Synthetic

Operating System

• Manual
• Automated

 Application

• Residential
• Commercial

 Distribution Channel

• Online
• Offline

Blinds and Shades Market Regional Analysis/Insights

The blinds and shades market is analyzed and market size insights and trends are provided by country, product, fabric, operating system, application and distribution channel as referenced above.

The countries covered in the blinds and shades market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the increasing availability of different varieties of the products within the region.

On the other hand, Asia-Pacific is estimated to show lucrative growth over the forecast period of 2022-2029, due to the increasing population’s inclination towards variety of blinds and shades in the emerging economies within the region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Blinds and Shades Market Share Analysis

The blinds and shades market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to blinds and shades market.

Some of the major players operating in the blinds and shades market are

• 3 Day Blinds (U.S.)
• Chicology Inc. (U.S.)
• Decora-Corporate  (Poland)
• Draper, Inc. (U.S.)
• Elite Window Fashions (Canada)
• Hunter Douglas (U.S.)
• COMFORTEX WINDOW FASHIONS (U.S.)
• CUSTOM BRANDS GROUP (U.S.)
• Innovative Openings (U.S.)
• Louvolite (Canada)
• Maxxmar Window Fashions (Canada)
• NIEN MADE ENTERPRISE CO.,LTD (Taiwan)
• Norman® Window Fashions (U.S.)
• Roll-A-Shade Inc. (U.S.)
• Rollease Acmeda (U.S.)
• Springs Window Fashions (U.S.)
• MechoShade Systems, LLC. (U.S.)
• TimberBlindsMetroShade (U.S.)

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