Blinds and Shades Market: Introduction
Transparency Market Research delivers key insights on the global blinds and shades market. In terms of revenue, the global blinds and shades market is estimated to expand at a CAGR of ~4% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global blinds and shades market.
The global blinds and shades market is broadly affected by several factors, such as preference for safety, security, convenience, change in lifestyle, and increase in disposable income propelling the global market for blinds and shades.
Blinds and Shades Market: Dynamics
In terms of product type, the blinds and shades market has been divided into roller shades, vertical shades/blinds, panel blinds, roman shades/blinds, Venetian blinds, honeycomb, pleated shades, and others (mini blinds, micro blinds, etc.). The demand for Venetian blinds is higher, globally. Based on fabric, the blinds and shades market has been bifurcated into natural and synthetic. Synthetic fabric is most commonly preferred across the globe. In terms of operating system, the market has been classified into manual and automated.
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Based on application, the blinds and shades market has been segregated into residential and commercial. In terms of distribution channel, the blinds and shades market has been split into online (company-owned portal and eCommerce portal) and offline (hypermarkets/supermarkets, departmental stores, specialty stores, and others) channels.
Blinds and Shades Market: Prominent Regions
In 2020, the Asia Pacific region contributed around 50% of revenue share to the global blinds and shades market. Moreover, the demand for blinds and shades in the Asia Pacific region is anticipated to expand at a faster pace than in any other region, owing to increasing personal income levels in developing countries. The growing hospitality industry in the Asia Pacific region also has a major impact on the expansion of the blinds and shades market.
Blinds and Shades Market: Key Players
Key players operating in the global blinds and shades market are 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, and TOSO CO. LTD.