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At a CAGR of 5.8% between 2023 and 2030, the global blinds and shades market is expected to rise from its 2022 valuation of $10.25 billion to $15.14 billion. Blinds and shades are window coverings that shield windows from dust and allow you to control how much natural light enters a space. Shades are formed from one or more pieces of fabric, while blinds are made from hard, horizontal slats. It protects against dust and moisture, lasts a long time, blocks out unwanted light, and keeps your privacy intact, among other benefits.
An uptick in the building of homes and businesses is expected to fuel the growth of the blinds and shades industry. Rapid urbanization and an increase in people's living standards drive the demand for blinds and shades. Demand for window coverings is expected to rise as more people move to metropolitan and municipal regions; by 2050, 66% of the global population is expected to live there, up from around 54% in 2014.
Blinds and shades add a finishing touch to homes and businesses alike while also increasing their energy efficiency. Demand is expected to rise over the forecast period because these window coverings offer numerous benefits to consumers, including thermal insulation, heat resistance, water resistance, durability, and energy savings. Competition from similar products is expected to slow the market.
The blinds and shades industry is forecast to expand as the number of new homes and businesses is built. The need for blinds and shades has been on the rise due to rapid urbanization and improvements in people's standard of life. The World Urbanization Prospect estimates that the percentage of the global population living in urban and municipal areas increased from about 54% in 2014 to about 66% in 2050, which is predicted to increase the need for blinds and shades. In addition, an increase in people's median income drives up demand for home improvement initiatives such as additions and remodels. Market expansion is also anticipated to be driven by the renovation and reconstruction of already existing residential and commercial properties. The European Commission, for example, has proposed a program called "Renovation Wave" for both public and private buildings in 2020, with the intention of considerably raising renovation rates across the EU and providing a framework for renovation to assist green building. The plan estimates that an additional yearly investment of about $385 billion is required to achieve EU 2030 energy and climate targets, with roughly $295 billion allocated for residential and $90 billion allocated for public buildings. As a result, these elements fuel the expansion of the blinds and shades industry.
Both homes and businesses can benefit from installing blinds and shades because of the aesthetic value they add and the improved insulation they provide. Further, the thermal insulation, water resistance, heat resistance, durability, and energy conservation qualities of these blinds and shades are anticipated to increase their usage during the forecast period. The proliferation of alternatives, however, is anticipated to slow the market.
Since the beginning of the COVID-19 viral outbreak a year ago, it has had an effect on the production of blinds and shades. As a result of supply chain disruptions and international trade limitations, firms around the world have reduced their material use. As nations go into lockdown, production stops and economic activity drops; this trend is likely to continue into 2021 as the pandemic spreads and slows company growth. However, with the quick increase in vaccine manufacturing and the distribution of COVID-19 medical equipment, the blinds and shades industry is expected to revive.
Report Coverage
Global Blinds and Shades research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Blinds and Shades report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Blinds and Shades competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Blinds and Shades market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Blinds and Shades market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Blinds and Shades market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Springs Window Fashions, LLC, Lafayette Venetian Blind Inc., Select Blinds Canada, Legrand Group, Draper Inc., Hunter Douglas N.V, Vertilux Corporation, Bed Bath & Beyond Inc., Blinds.com, Royal Blinds LLC.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Blinds and Shades market based on the below-mentioned segments:
Global Blinds and Shades Market, By Product Type
Vertical Shades and Blinds
Roller Shades
Roman Shades and Blinds
Pleated Shades
Venetian Blinds
Others
Global Blinds and Shades market, By Application
Residential
Non-residential
Global Blinds and Shades Market, By Fabric
Natural
Synthetic
Global Blinds and Shades market, Regional Analysis
An uptick in the building of homes and businesses is expected to fuel the growth of the blinds and shades industry. Rapid urbanization and an increase in people's living standards drive the demand for blinds and shades. Demand for window coverings is expected to rise as more people move to metropolitan and municipal regions; by 2050, 66% of the global population is expected to live there, up from around 54% in 2014.
Blinds and shades add a finishing touch to homes and businesses alike while also increasing their energy efficiency. Demand is expected to rise over the forecast period because these window coverings offer numerous benefits to consumers, including thermal insulation, heat resistance, water resistance, durability, and energy savings. Competition from similar products is expected to slow the market.
The blinds and shades industry is forecast to expand as the number of new homes and businesses is built. The need for blinds and shades has been on the rise due to rapid urbanization and improvements in people's standard of life. The World Urbanization Prospect estimates that the percentage of the global population living in urban and municipal areas increased from about 54% in 2014 to about 66% in 2050, which is predicted to increase the need for blinds and shades. In addition, an increase in people's median income drives up demand for home improvement initiatives such as additions and remodels. Market expansion is also anticipated to be driven by the renovation and reconstruction of already existing residential and commercial properties. The European Commission, for example, has proposed a program called "Renovation Wave" for both public and private buildings in 2020, with the intention of considerably raising renovation rates across the EU and providing a framework for renovation to assist green building. The plan estimates that an additional yearly investment of about $385 billion is required to achieve EU 2030 energy and climate targets, with roughly $295 billion allocated for residential and $90 billion allocated for public buildings. As a result, these elements fuel the expansion of the blinds and shades industry.
Both homes and businesses can benefit from installing blinds and shades because of the aesthetic value they add and the improved insulation they provide. Further, the thermal insulation, water resistance, heat resistance, durability, and energy conservation qualities of these blinds and shades are anticipated to increase their usage during the forecast period. The proliferation of alternatives, however, is anticipated to slow the market.
Since the beginning of the COVID-19 viral outbreak a year ago, it has had an effect on the production of blinds and shades. As a result of supply chain disruptions and international trade limitations, firms around the world have reduced their material use. As nations go into lockdown, production stops and economic activity drops; this trend is likely to continue into 2021 as the pandemic spreads and slows company growth. However, with the quick increase in vaccine manufacturing and the distribution of COVID-19 medical equipment, the blinds and shades industry is expected to revive.
Report Coverage
Global Blinds and Shades research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Blinds and Shades report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Blinds and Shades competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Blinds and Shades market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Springs Window Fashions, LLC, Lafayette Venetian Blind Inc., Select Blinds Canada, Legrand Group, Draper Inc., Hunter Douglas N.V, Vertilux Corporation, Bed Bath & Beyond Inc., Blinds.com, Royal Blinds LLC. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Blinds and Shades Market from 2021 to 2030.
- Market Forecast for Blinds and Shades Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Blinds and Shades competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Blinds and Shades
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Blinds and Shades market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Blinds and Shades market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Springs Window Fashions, LLC, Lafayette Venetian Blind Inc., Select Blinds Canada, Legrand Group, Draper Inc., Hunter Douglas N.V, Vertilux Corporation, Bed Bath & Beyond Inc., Blinds.com, Royal Blinds LLC.
Primary Target Market
- Market Players of Blinds and Shades
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Blinds and Shades market based on the below-mentioned segments:
Global Blinds and Shades Market, By Product Type
Vertical Shades and Blinds
Roller Shades
Roman Shades and Blinds
Pleated Shades
Venetian Blinds
Others
Global Blinds and Shades market, By Application
Residential
Non-residential
Global Blinds and Shades Market, By Fabric
Natural
Synthetic
Global Blinds and Shades market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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