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Demand for Blinds Will Grow at a Cagr of 5% by 2031
4 months ago
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Demand for Blinds Will Grow at a Cagr of 5% by 2031

The market for blinds is expected to reach a value of $4 billion by the end of the forecast period 2021-2031. The market is expected to reach US$2.6 billion by the end of 2021. With a CAGR expected to reach 5% by 2031, the demand for electric blinds is expected to grow as energy efficiency concerns become more important.

Bidding in this sector opens many doors, including manufacturing, diversion, retail, and exhibition management. fact. The demand for the window blinds market has been assessed and forecast at both the global and local level by MR examiners using a comprehensive round of research on a wide range of significant options.

Download a sample copy of this report:https://www.factmr.com/connectus/sample?flag=S&rep_id=3550?Pj

Market Participant:-

  • Hunter Douglas Company

  • Blind To Go Co., Ltd.

  • Ching Feng Home Fashions Co.

  • Stephens Scotland Ltd.

  • Budget Blind Co., Ltd.

  • elite window fashion

  • Innovative Openings Inc.

  • Rainbow Blinds Co., Ltd.

  • JASNO BV Shutter

  • blind corporation overnight

  • Stoneside LLC

  • Springs Window Fashion LLC

  • Hillary Blind Co., Ltd.

  • Advanced Window Products Co., Ltd.

  • canadian blind manufacturing

  • albert blinds

Major segments covered

  • Product type

  • horizontal blinds

  • Vertical blinds for windows

  • roman blinds

  • roller blinds

  • Window panel operation

  • manual blinds

  • electric blinds

  • application

  • residential blinds

  • commercial blinds

  • industrial blinds

  • Sales channel

  • hypermarket/supermarket

  • specialty shop

  • independent retailer

  • online sales

  • company website

  • third party online sales

Regional analysis includes

  • North America (USA, Canada)

  • Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)

  • EU: (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Republic, etc.), Rest of Europe

  • CIS and Russia

  • Japan

  • Asia-Pacific Excluding Japan (Greater China, India, Korea, ASEAN Countries, Rest of APEJ)

competitive environment

Prominent manufacturers rely on expansion strategies such as acquiring existing small market players, launching new products, and building partnerships with prominent manufacturers. Notable developments in the industry include:

  • In January 2021, Springs Window Fashions announced its intention to acquire B&C International, one of Europe's leading window treatment providers. B&C manufactures bespoke ready-made blinds under the brands Bece, Decosol, and Private Label in the Netherlands.

  • In 2018, Hunter Douglas Inc. introduced a revolutionary blackout technology. The Dutette® LightLockTM system is designed to prevent light leakage through windows .

Increased Insulation Requirements Boost Blind Sales in North America?

Fact.MR expects the North American blinds market to generate a 35% revenue share during the 2021-2031 assessment period. This demand is primarily due to the increasing requirements for insulation to trap heat in residential and commercial buildings.

According to the U.S. Department of Energy, much of the energy the U.S. consumes each year is wasted through power transmission, heat loss, and inefficient technology, at enormous financial costs to utility homes and businesses, making carbon pollution even worse. Therefore, achieving energy efficiency is very important.

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