The Global Market for Blinds and Shades is Projected to Reach $16.7 Billion by 2022
Ever-Changing Trends, Features, Styles, and Designs Drive
the Global Blinds and Shades Market, According to New Report by Global Industry Analysts, Inc.
GIA launches comprehensive
analysis of industry segments, trends, growth drivers, market share, size and
demand forecasts on the global Blinds and Shades market. The global market for Blinds and Shades is projected
to reach $16.7 billion by 2022,
driven by the wide array of design ideas, styles, functionality and fashion
trends; increasing focus on custom blinds; and recovering construction
activity.
Window blinds and shades
present an attractive option for home owners to add elegance and style to
interiors while enjoying the privacy and letting in natural light to ensure
desirable warmth. Blinds and shades allow users to brighten interiors and
transform the overall atmosphere. The market for window blinds and shades is
witnessing an increasing popularity of bold prints, environment-friendly
fabrics, exciting colors, motorized products, and roman shades. Blinds
represent the most preferred window covering option supported by its superior
attributes over curtains in terms of sturdiness; being the most economical;
space saving due to the absence of any type of poles or holdbacks; less
obtrusive and therefore ideal for smaller recesses and windows; and the ability
to withstand conditions of high humidity, especially in spaces such as
bathrooms and kitchens.
Future growth in the
market will be driven by ever-changing fashion and functionality trends,
immense popularity of automated blinds and shades owing to their ability to
maximize energy savings and make homes smarter; launch of smart-glass based
window shade solutions in place of electronic window shades; and growing
prominence of green or organic materials. Apart from their durability,
aesthetic appeal and easy maintenance, constant innovations and advancements in
production and design processes bode well for market growth. Few of the newer
trends, features, styles, and designs that are driving increasing market
adoption include apex blinds, cellular blinds, colinear blinds,
roller blinds, a combination of pleated and roller blinds, pleated shades such
as Roman shades, roller shades, sheer horizontal shades and solar shades, Roman
blinds, open Roman blinds, venetian blinds, vertical blinds, wooden blinds, and
zebra blinds, among others. Other important growth drivers include positive outlook for the global construction industry; increasing focus
on custom blinds; rising demand for cellular blinds, multi-layered windows and motorized
window blinds; favorable demographic trends, and huge opportunities in the retrofit segment driven by the global ‘green’
standards and other statutory requirements.
As stated by the new
market research report on Blinds and Shades, the United States represents the largest market worldwide.
Asia-Pacific is forecast to emerge as the fastest growing market with a CAGR of
4.3% over the analysis period. Growth in the region is led by population
growth, increased urbanization, and expanding base of affluent middle class
population. Increased manufacturing activity due to ready low cost feedstock
and easy access to cheap labor is particularly benefiting the market in China
and India. On the production front, the region has emerged as a significant
provider of customized blinds and shades, with several low-cost producers
entering the fray, especially in China.
Key
players covered in the report include 3 Day Blinds LLC; Chicology; Comfortex
Window Fashions; Decora Blind Systems Ltd.; Draper, Inc.; Elite Window
Fashions™; Graber; Hunter Douglas N.V.; Insolroll; Lotus & Windoware, Inc.,
Louvolite; Maxxmar Window Fashions; MechoShade®; Nien Made Enterprise Co. Ltd.,
Norman Window Fashions; Roll-A-Shade, Inc., Rollease Acmeda; Springs Window
Fashions, LLC; TimberBlindsMetroShade; Top Window Covering LLC; and Vasa Window
Coverings, among others.
The research report titled
“Blinds and Shades: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides
a comprehensive review of market
trends, issues, drivers, mergers, acquisitions and other strategic industry
activities of major market participants. The report provides market estimates
and projections for all major geographic markets such as the United States,
Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of
Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin America (Brazil,
Mexico, and Rest of Latin America), and Rest of World.
Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA,
All Rights Reserved.
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