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Window Blind Market By Product Type (Horizontal Window Blinds, Vertical Window Blinds, Roman Window Blinds, Roll Up Window Blinds) By Application (Residential Window Blinds, Commercial Window Blinds, Industrial Window Blinds) By Sales Channel (Hypermarkets/Supermarkets, Specialty Stores) - Growth, Future Prospects & Competitive Analysis, 2016 - 2028

 

REPORT ATTRIBUTE DETAILS

Window Blind Market by Volume

Yes

Market by Value

Yes

Market, Tornado Analysis

Yes

Market, STAR Analysis

Yes

Market, SRC Analysis

Yes

Market, Import-Export Data

Yes (On Demand)

Market Pricing Analysis

Yes (On Demand)

Market Segment Analysis

 By Product Type (Horizontal Window Blinds, Vertical Window Blinds, Roman Window Blinds, Roll Up Window Blinds, Window Pane Operation, Manually Operated Window Blinds, and Electrically Operated Window Blinds)

By Application (Residential Window Blinds, Commercial Window Blinds, and Industrial Window Blinds)

By Sales Channel (Hypermarkets/Supermarkets, Specialty Stores, Independent Retailers, Online Sales, Company Websites, and 3rd Party Online Sales)

Market, Regional Analysis

North America (US and Canada)

Europe (Germany, UK, France, Italy, Spain, and the Rest of Europe)

Asia Pacific (China, India, Japan, South Korea, South East Asia, and the Rest of Asia Pacific)

Latin America (Brazil, Mexico, and the Rest of Latin America)

Middle East and Africa (GCC Countries, South Africa, and the Rest of the Middle East and Africa)

Market Key Companies

Hunter Douglas Inc, Ching Feng Home Fashions Co., Stevens Scotland Ltd, Budget Blinds Inc, Elite Window Fashions, Innovative Openings Inc, Rainbow Blinds Ltd, JASNO Shutters BV, Next Day Blinds Corporation, Stoneside LLC, Springs Window Fashion LLC, Hillary’s Blinds Ltd, Advanced Window Products Inc, Canadian Blind Manufacturing Inc, and Aluvert Blinds

Market Competitive Landscape

Market Share Analysis

Competitive Benchmarking

Key Players Market Positioning

Geographical Presence Analysis

Major Strategies Adopted

 

Key Highlights of the report

How are the major segments performing in the Window Blind market?

  • The manually operated window blinds segment led the global market in terms of product type in 2021 and is anticipated to continue throughout the projection period. Manual window blinds are the most common type, with designs that range from traditional fabric blinds with pull connectors to modern roller blind systems with remote controls and electric motors to regulate their position.
  • In 2021, the commercial window blinds application segment accounted for the largest global market revenue share. Blinds are employed in commercial buildings for various reasons, including decoration, security, and insulation. Blinds are frequently used to offer privacy from passers-by or other onlookers.
  • The online sales channel segment was expected to hold a significant share of the global window blind market in 2021. The popularity of online shopping among consumers and the numerous cash discounts and benefits provided by e-commerce websites are expected to contribute to the segment's expected growth.

Which region dominated the window blind market?

The Asia Pacific region was expected to account for a substantial share of the global window blind market in 2021, owing to rapid urbanization. The demand for window blinds in the region is primarily driven by an increase in disposable income, an expanding middle-class population and their evolving attitudes toward home decor, the use of remote controls to lower or raise blinds, smart blinds, automated blinds controlled by mobile devices, and window coverings that are practical, long-lasting, secure, and aesthetically pleasing. The region's population is rapidly expanding, which will also increase the demand for window blinds.

How is US Market Performing in the window blind market?

The United States has the largest share of the North American window blind market, owing to consumers' increasing preference for technologically advanced window-blind products such as remotely controllable covering and shades, particularly in commercial buildings. In the United States, the residential construction industry is also rapidly expanding. People in the United States spend money on home and wall décor, which fuels the window blinds market. Sales growth in the market for smart window blinds is driven by the rising number of smart homes and the widespread application of smart technologies to transform home décor in the country. Major window blind producers are present in the nation, which further helps to fuel demand growth.

What is the competitive environment of the window blind market?

The key players are contributing to the growth of the window blinds market by implementing competitive strategies such as mergers & acquisitions, collaborative partnerships, and new product launches. Several window blind market companies are also concentrating on strengthening their distribution channels and expanding into newer geographies. For instance, Springs Window Fashions announced plans to acquire B&C International, one of Europe's leading window treatment suppliers, in January 2021. B&C is a Dutch company that manufactures custom and ready-made window blinds under the Decosol, Bece, and private label brands. Products from B&C are offered in several markets, including those in Denmark, France, Netherlands, Belgium, and Norway.

Executive Summary

What are the key trends or recent developments in the Window Coverings Market?

  • IKEA has announced plans to introduce smart window blinds in the United States by 2019. IKEA has identified smart home builders as a key target market segment.
  • In response to US tariffs on Chinese-made products, Ching Feng Home Fashions Co. Ltd planned to transfer 20% of its capacity for shades and home textiles from its Zhenjiang, China plant to new plants in Taiwan and Vietnam in 2019.

What are all the technical developments in the window coverings market?

The window blinds industry is expanding due to technological advancements that attract a growing number of customers. Key players in the window blinds market are prioritizing the addition of innovative blinds to their product portfolios through technological advancements and the introduction of new product lines. Using a remote control to lower or raise blinds is one of the technological advancements in the window blinds market. Additionally, cordless blinds with automated blinds are readily manageable and available. Smart blinds are the most recent technological advancement on the market. These blinds are controllable via mobile devices.

Which are the key investments by the window blind market players?

Key players in the window blind market are constantly investing significant funds in research and development activities to meet customers' changing needs seeking authentic and specialized products. Players in the global window blind market are expected to benefit from increased investments in the development of window coverings with advanced technologies, automation of window covering systems, innovative designs, motorized or remote-controlled window coverings, upgraded and high-quality equipment at lower prices, and other factors that will increase consumer preference for smart homes.

Some major players in the window blind market are Hunter Douglas Inc, Ching Feng Home Fashions Co., Stevens Scotland Ltd, Budget Blinds Inc, Elite Window Fashions, Innovative Openings Inc, Rainbow Blinds Ltd, JASNO Shutters BV, Next Day Blinds Corporation, Stoneside LLC, Springs Window Fashion LLC, Hillary’s Blinds Ltd, Advanced Window Products Inc, Canadian Blind Manufacturing Inc, and Aluvert Blinds.

What are the Major Driving Factors for the Window Blind Market?

The rapidly expanding use of window coverings in commercial spaces such as offices, hospitals, hotels, restaurants, private cabins, and so on, as well as the growing trend of using window coverings in homes to decorate home offices, are expected to drive the global window blinds market forward. Rising construction activity and a growing preference for upscale interiors in residential and non-residential sectors are also contributing to the target market's expansion. Moreover, rising spending power and home renovation and modernization investments are expected to increase demand for window blinds in the upcoming years. The availability of window blinds in various materials, colors, and control systems is also expected to boost demand for the products.

What are the Major Risks for the Window Blind Market?

The accessibility of inexpensive alternatives to window coverings and the need for manual labor during window covering cleaning may slow down the widespread use of window coverings in the upcoming years. Although product demand is expected to increase, fluctuating raw material prices could limit the growth of the window blinds market. Besides, tighter government regulations on building projects to guarantee a low carbon footprint of the structure are likely to hinder industry growth. The stringent regulatory environment adds to the scarcity of raw materials and greener alternatives.

Which is the key product type in the window blind market?

In 2021, the manually operated window blinds market had the largest share of all product types globally. The most popular kind of window coverings is manual window blinds, which come in various designs, from conventional fabric blinds with pull connectors to cutting-edge roller blind systems with remote controls and electric motors to control their position. They are a popular option for homeowners who want an energy-efficient solution without spending too much money, as they do not require special wiring or installation fees. Manually operated window blinds come in various styles, including pleated shades (similar to Venetian blinds) and cellular shades (with multiple small blinds cells layered together).

window-blind-market

How is the window blind market performing in regions?

North American market is expected to have the highest revenue share in the global window blind market during the forecast period, owing to a preference for modern interiors in the residential and commercial sectors, the presence of prominent players, and increased infrastructure development activities in the region's countries. As the average age of housing stock rises, regional homeowners are likely to upgrade their living standards to a luxury outlook with premium products. Most builders also advocate blinds for glass windows as a more hygienic, secure, and contemporary option to boost the regional market.

What is the regulatory landscape for the window blind market?

Increased concerns about energy efficiency across nations are brought on by an increase in electricity consumption as urbanization grows. As a result, consumers have embraced various energy-saving devices to lessen their carbon footprint, expanding the market for electrically operated window blinds. Modern advances in window treatment technology have improved blind insulation, enhancing the thermal performance of the windows they structure when closed, especially in cold climates.

What is the Market Size of Window Blinds regarding value?

The global window blind market is anticipated to grow at a substantial CAGR of 3.7% in the upcoming years. The global Window Blind industry was estimated to be worth USD 2486.5 million in 2021 and was expected to be worth USD 3092.15 million by 2028.

What are the major players planning for the future of the window blind market?

One of the main strategies used by window blind manufacturers is to offer customization in terms of materials, design features, and automated & motorized options. One of the primary concerns of manufacturers is providing these specialized products at reasonable and competitive prices. Window blind manufacturers have also implemented some key differentiation strategies. For instance, companies selling products on the market aim to appeal to mass audiences. Moreover, they sell window blinds and coverings with modern features for affordable prices. Window blind manufacturers are also looking for product innovation as consumers become more aware of the various brands available on the market.

Segmentation of Global Window Blind Market-

Global Window Blind Market – By Product Type

  • Horizontal Window Blinds
  • Vertical Window Blinds
  • Roman Window Blinds
  • Roll Up Window Blinds
  • Window Pane Operation
  • Manually Operated Window Blinds
  • Electrically Operated Window Blinds

Global Window Blind Market – By Application

  • Residential Window Blinds
  • Commercial Window Blinds
  • Industrial Window Blinds

Global Window Blind Market – By Sales Channel

  • Hypermarkets/Supermarkets
  • Specialty Stores
  • Independent Retailers
  • Online Sales
  • Company Websites
  • 3rd Party Online Sales

Global Window Blind Market – By Region

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • France
    • UK.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

Frequently asked questions about the global window blind market

The COVID-19 outbreak has also impacted the window blind market. The pandemic has significantly reduced the construction of both commercial and residential buildings. The decline in real estate construction has caused a slowdown in the window blind market.

North America accounted for the most heightened share in the global window blind market.

The rising popularity of smart homes and increased infrastructure development globally are expected to propel the window blinds market throughout the forecast period. Window blinds sales are also growing due to interior design changes in residential buildings.

The manually operated window blinds segment had a major global market share in 2021.

The commercial window blinds segment had a major global market share in 2021.

Window Blind Market Scope

Report Attribute Details
Market Value in 2021 USD 2486.5 million
Market Value in 2028 USD 3092.15 million
CAGR 3.7%
Benchmarking Year 2021
Past data 2016 – 2021
Forecast period 2022 – 2028
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Trusted By
Godaddy
Published Date:  Dec 2022
Category:  Consumer Goods
Report ID:   60866
Report Format:   PDF
Pages:   130
Rating:    4.2 (50)
Delivery Time: 24 Hours to 48 Hours   
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