Window Blinds Market – Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2024-2032, Segmented By Product Type (Horizontal Blinds, Vertical Blinds, Roman Blinds, Roll-up Blinds and Pleated Blinds), By Material Type (Metal Blinds, Plastic Blinds, Wooden Blinds, Synthetic Blinds and Faux Wood Blinds), By End Use (Residential and Commercial/Industrial), By Technology (Manual
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationWindow Blinds Market – Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2024-2032, Segmented By Product Type (Horizontal Blinds, Vertical Blinds, Roman Blinds, Roll-up Blinds and Pleated Blinds), By Material Type (Metal Blinds, Plastic Blinds, Wooden Blinds, Synthetic Blinds and Faux Wood Blinds), By End Use (Residential and Commercial/Industrial), By Technology (Manual
The global window blinds market is expected to grow during the forecast period. As the number of houses increases the demand for window coverings is surging, which drives up the need for window blinds. Furthermore, growth in new technology, from the basic functionality of window blinds to smart window blinds, is expected to boost global demand for window blinds.
Blinds are window treatments composed of long vertical or horizontal slats made of various hard materials such as plastic, wood, and metal. Cords that run through the blind vanes connect these slats. These vanes or slats can be pulled to the side of a window to stack lengthwise or tumble down as the blind is lowered. Individual slats or louvers are attached to form a complete blind. They are designed to remain tightly closed for light control and privacy and can be tilted or adjusted at various angles to limit light entry. Material, quality, and cost are important considerations when choosing window blinds. The demand side participants of window blinds are highly concerned about the safety of their homes or the spaces where they are planning to use window blinds, which is provided as a key feature by for upscaling the market growth during the forecast period.
Some of the trends that increase the demand for window blinds include
The companies are promoting their products through various commercial advertisements and employing famous celebrities as brand ambassadors
Technological Advancement in Window Blinds Boost the Industry
The window blinds market is expanding because of new technological innovations and developments, attracting many customers to these products. As a result, window blind manufacturers have begun expanding their product verticals and are now offering window blinds that are convenient, durable, safe, and attractive. For example, IKEA, has launched window blinds that can be controlled wirelessly via remote control. This company's product lines include KADRILJ and FYRTUR. Thus, rise in technology and innovation create new market growth opportunities for global window blinds.
The SwitchBot Blind Tilt includes solar panel, making it a simple, plug-and-play option, especially at USD69. SwitchBot has just released the most straightforward smart solar-powered blinds. It's a small device that attaches to the horizontal blind's vertical twisting wand and twists it to tilt open or close the blinds, all controlled by a mobile device or a voice command to Alexa or Google Home. The SwitchBot Blind Tilt communicates with the phone via Bluetooth, but it can also connect to Wi-Fi if oneadds a SwitchBot Hub.
Several windows blind companies are offering window blinds with innovative features and competitive pricing in response to the growing consumer demand for products based on the newest technology. Due to advancements in technology and the inclusion of new features in home automation, including the integration of motorized window blinds. Their capacity to open and close at predetermined periods maximizes the HVAC system's energy efficiency and lowers energy usage. This factor is anticipated to increase the use of window blinds worldwide.
Increasing Trend of Smart Homes Aids the Market Growth
The growing popularity of smart homes and maintaining the room temperature through window blinds are expected to drive the market during the forecast period. Additionally, residential building interior design changes are boosting the window blinds market. Residential remodeling and replacement may continue to account for most of the blind demand as homeowners replace older blinds with newer products that provide better visuals or functionality. The usage of a smart home system not only optimizes and makes people's lives easier, but also makes them safer. People's preferences have changed significantly since the dawn of a new era due to the rapid advancement of information technology, and as a result, their concept of smart house is expanding. As a result, the increase in smart homes will propel the global window blinds market over the forecast period.
Rising Adoption of Environment Friendly Products Boost the Market Growth
Over the forecast period, the increasing demand for environment friendly products is expected to encourage new and existing market players to enter the market. While Hunter Dougles has successfully captured on the business opportunities in green blinds over the years, other companies, such as Apollo Blinds, are using innovative approaches to offer covering products made from recyclable and environmentally friendly materials. The fabric for the long-lasting, high-performance roller blinds is also totally recyclable, energy-efficient, and filters sunlight. Therefore, there is a lot of opportunity for potential window blinds companies that use bamboo as their main raw material because bamboo is becoming more and more acceptable to a larger spectrum of consumers. With this, the sector is anticipated to fuel market expansion over the course of the forecast period.
Rise in Commercial Development Fuels the Market Growth
The window blinds market is driven by increased commercial and residential development. The window blinds market is expected to expand rapidly soon. The increasing demand for development infrastructure worldwide is expected to drive the market during the forecast period. Furthermore, residential and commercial interior design changes are boosting the global window blinds market. Commercial spaces are becoming more common, and their ambiance preferences are being closely maintained. Many office spaces maintain an office ambiance while attempting to implement business strategies involving employee health, performance, and wellness.
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Market Segmentation
The global window blinds market is segmented based on product type, material type, end-use, technology, distribution channel, regional distribution and competitive landscape. Based on product type, the market is divided into horizontal blinds, vertical blinds, roman blinds, roll-up blinds, and pleated blinds. Based on material type, the market is divided into metal blinds, plastic blinds, wooden blinds, synthetic blinds, and faux wood blinds. The market is further divided into residential and commercial /industrial based on end use. Based on technology, the market is divided into manual and electrical. Based on distribution channel, the market is fragmented into distributors & dealers, furniture shops, specialty retailers, online, and others (direct sales and institutional sales.).
Company Profiles
Market Development
- In 2021, Springs WindowFashions, is a custom window covering worldwide, and its portfolio business ofAEA Investors LP and British Columbia Investment Management Corp. were acquiredby Clearlake Capital Group, L.P This acquisition strengthened the marketpresence and broaden the customer base globally.
- Similarly in 2022,Charlotte, North Carolina-based window Shade manufacturer, was acquired byInpro Corporation, a global provider of architectural products. The companyfully integrated into Inpro's operations and will function as a product-linedivision. With this acquisition, Inpro's vertical integration in manual andmotorized window blinds will further expand.
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