The External Blinds Market is expected to grow at a CAGR of 3.4 percent to USD 9.04 billion by 2027, from USD 7.4 billion in 2021. Type (Roller Blinds, Vertical Blinds, Roman Blinds, Panel Blinds, Corded Blinds, Venetian Blinds, Honeycomb, Pleated Shades, Zip Screens/Blinds, Roller Gates/Shutters, Others); Operation (Manual, Automatic); Material (Natural, Synthetic); End-User (Residential, Commercial); and Region are the segments studied in the External Blinds Market (North America, Europe, Asia-Pacific, and Rest of the World). The report includes the market's Trend, Forecast, Competitive Analysis, and Growth Opportunities.
External Blinds Market Report Scope and Research Methodology:
The key objective of the report is to provide a comprehensive assessment of the External Blinds market, including major leading stakeholders in the External Blinds industry. The assessment clearly shows the forecasted market size and trends, as well as the historical and present status of the External Blinds market. The report provides information on the External Blinds market’s revenue, share, production and sales. The report also includes External Blinds market segment trends, investment and technology with the competitive landscape. It also includes the analysis of the regional as well as market segments, application areas and market growth strategies. An in-depth analysis of the market segmentation assists to determine the prevailing market opportunities and the major segments of the External Blinds market are further divided into sub-segments.
The report provides a qualitative and quantitative analysis of the External Blinds market from 2022 to 2029 to identify the prevailing market opportunity. Porter’s five forces analysis highlights the potency of the suppliers and buyers in the External Blinds industry to enable stakeholders to make profit-oriented business decisions and strengthen their buyer-supplier network. The External Blinds market study provides unique guidance in thoughtful details regarding the development factors and has used a top-down and bottom-up approach to keep it error-free and accurate. Extensive primary and secondary research methodologies have been used by SMR’s expert analysts to collect the data for the External Blinds market report.
External Blinds Market Overview:
The External Blinds Market's drivers, restraints, technical advancements, product developments, market opportunities, restrictions, growth strategies, and market prospects, as well as the forecast period, have been covered in the report in detail. The report offers an in-depth look at the External Blinds industry, including key figures such as External Blinds market size, market share, revenue growth, and CAGR for the forecast p
External Blinds Market Size is expected to grow at a CAGR of 3.4% during the forecast period. External Blinds Market is expected to reach US$ 9.04 Bn. in 2027 from US$ 7.4 Bn in 2021.
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External Blinds Market Drivers:
During the forecast period, the expanding real estate market is likely to promote the market expansion of external blinds. The growing popularity of prefabricated, modular, and manufactured homes is expected to drive up blind demand in a variety of countries in the near future. The Indian real estate industry has grown significantly over the years. The India Brand Equity Foundation, or IBEF, predicts that with government support, the Indian residential sector will grow significantly in the coming years. For example, in June 2015, the Government of India (Gol) launched the Pradhan Mantri Awas Yojana, PMAY, project, with the goal of constructing 20 million residences across the country by 2022. As of August 26th, 2021, the initiative/scheme had received approximately 31 billion in funding.
External Blinds Market Segmentation:
The External Blinds Market is divided into the following categories: Roller Blinds, Vertical Blinds, Roman Blinds, Panel Blinds, Corded Blinds, Venetian Blinds, Honeycomb, Pleated Shades, Zip Screens/Blinds, Roller Gates/Shutters, Others. Due to their decorative appeal as well as protection from external heat and dust, Roman blinds dominated the global market in 2021. Other types of blinds, such as, are also preferred by customers based on their convenience and budget. The external blinds industry is expected to be influenced by cellular blinds and honeycomb blinds made from several natural materials to form a honeycomb-like shape in the coming years due to the increased popularity of energy-efficient products.
Venetian blinds are also gaining popularity among customers and are expected to account for a sizable share of the external blinds market over the forecast period. Venetian blinds are also less expensive than other types of blinds, which is why they are popular among low-income families all over the world. Demand for roller blinds is expected to grow at a CAGR of 3.4 percent by 2031, with over 30 million units sold.
The External Blinds Market is classified into two types based on operation: manual and automatic. In 2021, the manual segment dominated the market because the adjustment and position can be controlled by hand, allowing the blind height to be simply lowered or raised without a complicated process.
External Blinds Market Key Players:
Ching Feng Home Fashions Co., Ltd. (Taiwan)
Griesser AG (Switzerland)
Hunter Douglas NV (Netherlands)
Lafayette Venetian Blind Inc. (USA)
Legrand (France)
Lutron Electronics Company (USA)
Mechoshade Systems LLC (USA)
Nien Made Enterprise Co Ltd. (Taiwan)
Persianas Canet S.A (Costa Rica)
Qmotion Shades (UK)
Schenker Storen AG (Switzerland)
Solarfective Products Limited (Canada)
Springs Window Fashions, LLC (USA)
TOSO CO. LTD. (Japan)
Roll-A-Shade (USA)
External Blinds Market Regional Insights:
Major countries in each region are included in the report according to their revenue contribution to the External Blinds market. The study includes a region-wise detailed analysis of the External Blinds market. The regions are:
- North America
- Asia Pacific
- Europe
- Latin America
- the Middle East, and Africa
Key Questions answered in the External Blinds Market Report are:
- What are the sales, production, consumption, and import and export of External Blinds globally (North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major players in the External Blinds Industry on a worldwide scale?
- What is the state of business of External Blinds market players?
- What are the market opportunities and restraints for External Blinds suppliers in the External Blinds industry?
- Which application, end-user, or product category might be looking for new growth opportunities? What is each type's and application's External Blinds market share?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2022−2027
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments with their sub-segments and Region
- Competitive Landscape – Top Key Players and Other Prominent Players
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