A recent report published by Infinium Global Research on
blinds and shades market provides an in-depth analysis of segments and
sub-segments in the global as well as regional blinds and shades market. The
study also highlights the impact of drivers, restraints, and macro indicators
on the global and regional blinds and shades market over the short term as well
as long term. The report is a comprehensive presentation of trends, forecast
and dollar values of global blinds and shades market. According to the report,
the global blinds and shades market is projected to grow at a CAGR of 2.4% over
the forecast period of 2019-2025.
Blinds and shades are primarily used in covering the
windows. Blinds and shades are used by the residential and commercial sectors
to protect from sun rays, dust, wind, etc. Standards enacted by the government
about the hygiene and cleanliness boost the demand for blinds and shades. The
modern blinds and shades have upgraded technology and sensors that provide a
variety of features for making it convenient to use.
The rising popularity of customized and trendy window
coverings led to the growth of blinds and shades market. The consumer’s
preference for aesthetically appealing window covering products will augment
the expansion of blinds and shades market. Further, the availability of the
product in different types, colors, and textures stimulate the development of
the market. Aesthetics and simplicity have an important role in modern
infrastructure. The growing adoption of innovation in the decor industry
contributes to the growth of blinds and shades market. Additionally, deployment
of technologically advanced and next-gen blinds and shades promote the
expansion of blinds and shades market. The rising preference for smart blinds
and shades that are controlled with the click of a button drive the rise in
demand for blinds and shades. These smart blinds and shades have a motorized
offering that uses rechargeable batteries for their functioning and makes the
operation easier. Furthermore, increasing prevalence of smart homes, rising
preference for ambiance control, and growing focus on interior light management
are the factors promoting the expansion of the blinds and shades market. In addition, the surge in demand for
energy-efficient insulation offerings leverages market growth. The rising
household expenditure and increasing awareness about the indoor health and
protection from UV rays fuel the growth of blinds and shades market. On the
flip side, discontinuation of corded blinds by retailers hinders the growth of
blinds and shades market. Moreover, innovative product launches such as solar
blinds and shades create several opportunities for the growth of blinds and
shades market.
Geographically, the global blinds and shades market is
divided into North America, Asia-Pacific, Europe, and the Rest of the World.
Asia-Pacific region is expected to hold the largest share in the global blinds
and shades market. The rising hotel industry and innovative product launches by
the leading players in the blinds and shades market in Asia-Pacific led to the
growth of the market in the region. Europe has significant CAGR in the global
blinds and shades market over the forecast period. The rising focus of
consumers, hotels, and restaurants on safety and decoration propel the
expansion of blinds and shades market in Europe. North America has lucrative
growth opportunities in the global blinds and shades market owing to cutting
edge technology and innovations in the region.
The report on global blinds and shades market covers
segments such as product, fabric, application, and distribution channel. On the
basis of product, the sub-markets include roller shades, panel blinds, vertical
blinds, roman shades, pleated shades, and other roller shades. On the basis of the fabric, the sub-markets include natural, and synthetic. On the basis of
application, the sub-markets include residential, and commercial. On the basis
of distribution channel, the sub-markets include offline, and online.
The report provides profiles of the companies in the market
such as Lutron Electronics Company Inc., Mechnoshade Systems Inc., Nien Made
Enterprise Co., Ltd., Legrand, Hunter Douglas NV, Lafayette Venetian Blind
Inc., Griesser AG, Ching Feng Home Fashions Co., Ltd., Qmotion Shades,
Persianas Canet S.A., and Other companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of blinds and
shades market. Moreover, the study highlights current market trends and
provides forecast from 2019-2025. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.