Blinds and blinds market size worth $18 billion by 2031
- Rapid urbanization in developing countries brings revenue generation opportunities in the global blinds and blinds market
- Major players operating in the global blinds and shades market are increasing their R&D activities to create innovative products
ALBANY, New York, May 12, 2022 /PRNewswire/ — Transparency market research: The globe Market for blinds and roller blinds is expected to grow at a CAGR of 4% during the forecast period from 2021 to 2031, highlights a study by Transparency Market Research (TMR).
Roman blinds are gaining popularity as they offer excellent window decoration solutions for dining rooms, washrooms and kitchens. In addition, other advanced products including automated, motorized and patterned blinds and blinds are becoming popular as they can provide security, convenience and programmable benefits, states the TMR research report on the global blinds and blinds market.
It is estimated that the global blinds and blinds market will see an increasing demand for slat blinds or honeycomb blinds developed from various fabrics due to the rising trend of using energy-efficient insulation products.
The market for blinds and roller blinds in Asia Pacific The company is estimated to maintain its leading position during the forecast period owing to the increase in the use of blinds and blinds in many emerging economies in the region. In addition, the increase in purchasing power of the majority population from developing countries and the expansion of the regional hospitality industry are expected to strengthen this Asia Pacific Market for blinds and roller blinds.
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Blinds and Venetian Blinds Market: Key Findings
- In recent years, the trend of designing smaller and more compact houses is increasing. As a result, consumers are increasing the demand for blinds and shades to refresh their home and wall decor. In addition, these products are popular for their ability to regulate light, ventilation and internal temperature in both cold and hot weather. These factors explain why the global blinds and roller blinds market is expected to gain promising business prospects in the coming years.
- With the rapid urbanization in several developing and developed countries, the standard of living of the large population in these countries is improving. This factor leads to an increase in the use of Roman shades. Additionally, Roman blinds are increasing in popularity around the world as they come in a variety of colors and fabrics. Therefore, a person can choose from a wide range of products according to the aesthetics of their building. This factor suggests that the global blinds and blinds market is expected to grow at a promising pace, receiving a rating of $18 billion until 2031.
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Blinds and Venetian Blinds Market: Growth Booster
- The increasing need for security in commercial and residential areas leads to an increasing demand for blinds and roller blinds worldwide
- The increased efforts of the players to offer trendy and customized products are expected to boost sales prospects in the blinds and blinds market
Venetian blinds and roller blinds market: competitive landscape
- Players operating in the global blinds and roller blinds market are investing heavily in research and development in order to develop innovative products and thereby expand their product portfolio
- Several companies in the blinds and shades market are focused on strengthening their distribution channels and expanding their businesses into newer geographies. Therefore, they carry out different strategies such as mergers and acquisitions.
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Blinds and Shutters Market: Key Players
Some of the key players featured in the report are:
- Griesser AG
- Ching Feng Home Fashions Co.,Ltd.
- Lafayette Blinds Inc.
- Hunter Douglas NV
- Lutron Electronics Company
- Nien Made Enterprise Co Ltd.
- Mechashade Systems LLC
- Qmotion shades
- Persianas Canet SA
- Solarfective Products Limited
- Schenker Storen AG
- TOSO CO. LTD.
- Spring Window Fashions, LLC
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Venetian blinds and venetian blinds market segmentation
- Vertical shades/blinds
- panel curtains
- Roman blinds/venetian blinds
- Pleated shades
- Others (mini blinds, micro blinds, etc.)
- Company portal
- Ecommerce Portal
- department stores
- specialty shops
- North America
- the rest of North America
- United Kingdom
- the rest of Europe
- Asia Pacific
- the rest of Asia Pacific
- middle East & Africa
- GCC countries
- South Africa
- the rest of middle East & Africa
- South America
- the rest of South America
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