Driven by increasing preference for contemporary interior styling of homes and commercial centers, blinds & shades market registered global revenues in excess of US$ 12 Bn, in 2018. Escalating popularity of innovative products in the blinds & shades market will remain key lever for their steadily rising sales over the course of projection period (2019 - 2029). Introduction of motorized solar shades, mechanized light sensitive blends, and fully automated blinds & shades has been benefiting retailers and vendors of home decoration products such as Apollo Blends.
Key Takeaways - Blinds & Shades Market
- Increasing preference for venetial blinds and roman shades/blinds is expected to boost market growth.
- Asia Pacific would remain the prominent region in the global blinds & shades market owing to rapid expansion of residential sector. E-commerce expansion will also be pivotal in accelerating the market build-up in this region.
- Automated blinds & shades that currently hold over 2/5th share in market will continue to weigh heavy on their manual counterparts, record a significant rate of demand growth through 2029. Adoption will be prominent in developed countries such as the U.S., Japan, and the U.K.
- Offline sales channel is expected to hold a significant share in the global blinds & shades market. Moreover, increasing retail space for blinds & shades in the hypermarket is expected to offer lucrative opportunities for market growth during the forecast period.
- Blinds & shades made from natural materials have been gathering traction in the global market.
Adoption of omnichannel sales strategy by manufacturers and growing customer inclination towards natural material-based blinds & shades are expected to offer significant market growth opportunities.
Leading Brands Capturing Attention with Launch of Smart Blinds & Shades
The report highlights some prominent players in the global blinds & shades market, which include Ching Feng Home Fashions Co., Ltd., Griesser AG, Hunter Douglas NV Lafayette Venetian Blind Inc., Legrand, Lutron Electronics Company, Mechoshade Systems LLC., Nien Made Enterprise Co. Ltd., Persianas Canet S.A, Qmotion Shades Schenker Storen AG, Solarfective Products Limited, Springs Window Fashions, LLC, TOSO CO. LTD., and others.
Leading market players primarily focus on product design and innovation. Manufacturers are innovating blinds & shades products with their increasing focus on fully automated products. In 2018, Somfy launched Sonesse 40 RTS based on motorized system and control and Connexoon Window app for controlling blinds & shades. Smartphone-enabled operations associated with blinds & shades are registering new opportunities for market growth.
For More Detailed Insights on Blinds & Shades Market
For instance, Tilt is principally engaged in offering smart blinds and roller shades that have functionality of being operated remotely through mobile apps. In addition, development of blinds integrated with voice recognition technology is transforming the home décor industry, which in turn is positively influencing growth of the global blinds & shades market.
More About the Coverage of Blinds & Shades Market Report
Future Market Insights, in its new offering, provides an analysis of the global blinds & shades market, presenting historical demand data (2014-2018) and forecast statistics for the period of 2019-2029. The blinds & shades study reveals compelling insights on the basis of product type (roller shades, vertical shades/blinds, panel blinds, roman shades/blinds, venetian blinds, venetian blinds, pleated shades and others (mini blinds, micro blinds, etc.), fabric (natural and synthetic), mode of operation (manual and automatic), distribution channel (online (company owned portal, e-Commerce portal), offline (hypermarket, specialty stores, departmental stores, others), application (residential and commercial) across seven major regions including North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East & Africa.
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