Consumer Goods & Retail

Global Window Blinds Market Report, Trends and Forecast to 2028

February 19, 2020
ID: SR/CG-17
Format:Pdf

Global Window Blinds Market By Type (Blinds & Shades, Curtains, shutters and others), By Application (Commercial and Residential), By Distribution (Online and Offline) and By Region (North America, Europe, Asia Pacific, South America, Middle East, and Africa)- Global forecast from 2020-2027.

Description

Global Window Blinds Market Overview:

The global window blind market was valued at USD 12.41 billion, and it is expected to reach USD 17.42 billion with a CAGR of 4.95 % during the forecast period of 2022-2028. Window blinds are the type of window covering used to cover sunlight, dust and eliminate any transparency of objects from outside the window. Earlier windows blinds were made of the same structure where windows were sloppy, no more than a few styles, either horizontal or vertical were made. The horizontal bar is the prototype of the blinds. The blinds are oblique, which cannot be seen inside or outside in the horizontal direction. Wooden windows made by people in ancient times were mainly used to achieve the purpose of ventilation and air circulation. After various improvements, the generation of blinds has been integrated into many functions and is suitable for multiple uses. Moreover, blinds are a kind of soft decoration for newly built buildings along with the adjustment of light. The blinds can also bring a sense of change and beauty to the modern concise space. Additionally, the choice of multiple colors makes the blinds and the style of home decoration more integrated.

Global Window Blinds Market Insights

Global window blinds anticipated growing at a substantial rate in the forecast period. Owing to urbanization and increasing disposable income of the consumers, which has affected the home décor market. Window blinds market size is emerging due to its beneficial features such as privacy protection, blocks UV rays, keep the place warm in winter and cool in summers and automatic lock function, smoothness of the blinds, and no gaps for leakage while closing or opening the blinds. Moreover, increasing urbanization, smart homes, and affordable housing are deriving the market demand for window blinds. People living standard has been improving, which is shifting home décor or interior designing trends and making homes lively and beautiful places. People initially use window blinds to cover windows from sun rays and rain by scrolling them up and down. Nowadays, with the advancement in technology, the structure and materials of window blinds have improved. People have started using it as an essential home décor item for their windows which comes in different material, automatic locks, and wider blades that helps in easy cleaning. The global window blinds market is increasing due to affordable pricing and real estate sector is further contributing to the revenue due to increasing furniture demand due to eco-friendly home décor product which has replaced plastic sheets window blinds to reed, bamboo grass, woven wood and jute along with technology advancement in it.

Growth Driver

Privacy protection

Window blinds are used for privacy protection by using the concave and convex directions of the blades to block outside vision. At the same time, the outside view is blocked from top to bottom. At night, when the convex side of the blade is facing indoors, the shadow will not be reflected outdoors. Moreover, with advanced technology and new color and material of the windows, blinds are considered as a home décor option.

Automatic Function

Earlier windows blinds were used for the primary purpose for blocking sun rays from the window and protect them from rain. But now, with advanced technology coming in place that provides automatic opening and closing of blinds through remotes and along with eco-friendly material used to make it a more stylish option and also offer a luxurious look to the window covering.

Type Segmental Analysis

Based on Type, the global window blinds market classified into Blinds & Shades, Curtains, shutters, and others. The shutters segment has dominated the window blinds market and will continue to grow in the forecast period. The shutter is available in different forms and materials such as wooden, aluminum, and Langsi shutters. The natural wood grain shutters often play a smooth, natural sense in home decoration. Therefore, this kind of natural decorative effect is often the reason for many consumers to choose, and the price of wooden shutters varies greatly depending on the various wood materials. Whereas, aluminum alloy shutters are slightly higher than wooden shutters. As the blades of aluminum shades made of high-quality materials, with good elasticity, high strength, and difficulty to deform. Thus, with a large variety and quality available in the shutters segment will derive the global market of windows blinds.

Application Segmental Analysis

Based on Application, the global window blinds market bifurcated into commercial and residential. The residential sector has captured more than 50% of market share and will continue to attain growth in the forecast period. Based on the rising number of households, and urbanization along with increasing smart homes and affordable housing schemes due to which people are adopting windows blinds. Moreover, the commercial sector is also rising at a significant rate due to increasing hotels, hospitals, resorts in different parts of the world. Thus, the global window blinds market is expected to witness tremendous growth in the future.

Distribution Segmental Analysis

Based on distribution, the global window blinds bifurcated into Online and Offline. The offline market has dominated the market share of window blinds. As people prefer to buy window blinds on famous home décor outlets like IKEA and Home center for decorating their homes. Sometimes people also prefer wholesale shops that provide cheaper options compared to expensive markets. The online segment projected to grow at an influential rate as a consumer who is working does not have much time to go and buy the product from stores. Therefore, online e-commerce market helps in providing various options as well as free home delivery, and the discount scheme will fuel the demand for window blinds in the forecast period.

Region Segmental Analysis

Based on geography, the global window blinds market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific is going to capture the significant share in the window blinds market. Owing to the increasing construction of homes, increasing disposable income, and the commercial sector will lead to rising demand for the global window blinds in the forecast period.

Competitor Analysis

Companies such as Hunter Douglas, AWB – Advanced Window Blinds, Aspect Blinds, Liyang Xinyuan Curtain Products Co Ltd, ALL BLINDS CO., LTD., Stoneside, NIEN MADE ENTERPRISE CO.LTD., TOSO COMPANY, LIMITED, Dextera, Stylebyglobal, Rainbow Blinds, Wiser Interiors, Essexblinds, Interior Goods Direct, John Lewis plc, and others are prominent players in global window blinds market.

Key Stakeholders

Market research and consulting firms
Industry associations
Global window blinds manufacturing companies
Research organizations and consulting companies
Organizations, associations, and alliances related to window blinds.
Regulatory bodies
Suppliers

Recent Development

In January 2021, Springs Window Fashions announced that it plans to purchase B&C international, one of Europe’s leading window treatment suppliers. Based in the Netherlands, B&C manufactures custom and ready-made window treatments sold under the Bece, Decosol, and private label brands. B&C’s products are sold in several markets, including the Netherlands, France, Belgium, Denmark, and Norway.
In May 2017, Hillarys Blinds, the cowlick-based company, which employs 1,350 people in the United Kingdom, was sold for EUR 300 million to Hunter Douglas, one of the largest international window covering companies in the Netherlands.

Scope of the Report

Report Attribute	Details
Market size value in 2021	USD 12.41 billion
The revenue forecast in 2028	USD 17.42 billion
Growth Rate	CAGR of 4.95 % from 2022 to 2028.
Historical data	2017 – 2020
Base Year	2021
Forecast period	2022 – 2028
Region covered	North America, Europe, Asia-Pacific, South America, and Middle East & Africa
Key companies Profiled	The Companies Hunter Douglas, AWB- Advanced Window Blinds, Aspect Blinds, Liyang Xinyuan Curtain Products Co Ltd, ALL BLINDS CO., LTD., Stoneside, NIEN MADE ENTERPRISE CO.LTD., TOSO COMPANY, LIMITED, Dextera, Stylebyglobal, Rainbow Blinds, Wiser Interiors, Essexblinds, Interior Goods Direct, John Lewis plc, Company are key players.

The objective of the Research

Market modeling starts with identifying a target market where historical data exists. A Market can include prediction problems, economic factors, analyzing customer behavior, and identifying new patterns from past events, which helps our client to have deep dive into the market.
Product analysis involves steps such as examining product features, costs, availability, quality, and other aspects. Product analysis is conducted to understand potential buyers and measure competition in the market.
Market Trend and Economic Factors Analysis helps in assessing potential changes to an economy’s inflation rate, taxes, interest rates, exchange rates, trading regulations, and excise duties that can or have a major effect on the target market.
Market Segmental Analysis defines in-depth scenario of the target market by the process of grouping consumers into naturally existing created segments of consumers who share similar product preferences or characteristics
The geographical mapping approach helps our clients to understand national or international markets because different consumers in different regions have different needs wants, and cultural characteristics that can be specifically targeted.

Market Modelling

By Type

Blinds & Shades
Curtains
Shutters
Others

By Application

Residential
Commercial

By Distribution

Online
Offline

By Region

Europe
North America
Asia Pacific
South America
Middle East & Africa

Table Of Contents

Methodology

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Frequently Asked Questions (FAQ):

What is a window blind?

Window blinds are the window covering used to cover sunlight dust and eliminate any transparency of objects from outside the window. Window blinds are a kind of soft decoration for newly built buildings and the adjustment of light.

What are types of blinds available in the market?

The five types of blinds are mainly available in the market:- Venetian Blinds, Roller Blinds, Roman Blinds, Pleated Blinds, Vertical Blinds and Others (Blinds & Shades, Curtains Shutters).

Who are the major key players in the global window blind market?

The Companies Hunter Douglas, AWB- Advanced Window Blinds, Aspect Blinds, Liyang Xinyuan Curtain Products Co Ltd, ALL BLINDS CO., LTD., Stoneside, NIEN MADE ENTERPRISE CO.LTD., TOSO COMPANY, LIMITED, Dextera, Stylebyglobal, Rainbow Blinds, Wiser Interiors, Essexblinds, Interior Goods Direct, John Lewis plc, are the key players in the global window blind market.

Which region is expected to have the largest share in the global window blinds market?

Asia Pacific region is expected to have the largest share in the global window blind market.

What is the growth rate of the global window blinds market during the forecast period 2022-2028?

The global window blind market was valued at USD 12.41 billion, and it is expected to reach USD 17.42 billion with a CAGR of 4.95 %during the forecast period of 2022-2028.

What are the covid-19 impacts on the window blind market?

The outbreak of the covid-19 pandemic has significantly impacted many industries; however, window blinds are increasingly being adopted by hospitals and the public sector as they provide privacy by limiting the transmission of light and sound.

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