Dublin, Feb. 28, 2022 (GLOBE NEWSWIRE) -- The "Blinds and Shades - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Blinds and Shades estimated at US$10.4 Billion in the year 2020, is projected to reach a revised size of US$12.4 Billion by 2027, growing at a CAGR of 2.6% over the analysis period 2020-2027.
Roman Shades/Blinds, one of the segments analyzed in the report, is projected to record a 2.3% CAGR and reach US$3.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Venetian Blinds segment is readjusted to a revised 3.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3.7 Billion, While China is Forecast to Grow at 4.1% CAGR
The Blinds and Shades market in the U.S. is estimated at US$3.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2027 trailing a CAGR of 4.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 2.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.4% CAGR.
Panel Blinds Segment to Record 2.9% CAGR
In the global Panel Blinds segment, USA, Canada, Japan, China and Europe will drive the 2.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.1 Billion in the year 2020 will reach a projected size of US$1.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$999.8 Million by the year 2027, while Latin America will expand at a 4.2% CAGR through the analysis period.
Select Competitors (Total 210 Featured) -
- 3 Day Blinds LLC
- Chicology
- Ching Feng Home Fashions Co., Ltd
- Comfortex Corporation
- Decora Blind Systems Ltd.
- Draper, Inc.
- Elite Window FashionsT
- Griesser AG
- Hillarys
- Hunter Douglas N.V.
- Innovative Openings, Inc.
- Jiaxing Argingtom Shutter
- Kresta Holdings Limited
- Lafayette Interiors Fashions
- Legrand North America, LLC
- Louvolite Fabrics Ltd.
- Lutron Electronics Co., Inc
- Luxaflex Hunter Douglas Ltd.
- Maxxmar Window Fashions
- Mechoshade Systems, Inc.
- Nichibei Co., Ltd
- Nien Made Enterprise Co. Ltd.
- Norman Window Fashions
- Persianas Canet S.A
- QMotion Advanced Shading Systems
- Roll-A-Shade Inc.
- RollEase Acmeda Inc.
- Schenker Storen AG
- Shade-O-Matic LP
- Springs Window Fashions, LLC
- Tachikawa Corporation
- TimberBlindMetroShade
- TOSO Co. Ltd
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Blinds and Shades: Providing Optimum Comfort, Health, and Well-being by Reducing Glare, Maintenance Cost, and Energy Usage
- Superior Attributes of Blinds and Shades over Curtains Supports Market Development
- Blinds: Essentially the New Screens for Windows
- Blinds: A Sought-After Window Covering
- Global Market Prospects and Outlook
- Developed Countries Represent Traditional Revenue Generators, Developing Countries to Spearhead Market Growth
- Impact of COVID-19 on Home Decor Industry & Blinds and Shades Market
- The Web of Disruption Spun by COVID-19 Has Consumers Pinching Pennies: Net Intention of Consumers Planning Increase/Decrease in Spending for Year 2020
- COVID-19 Pandemic Dents Prospects in Construction Industry, Affecting Window Coverings Market
- Supply Chain Disruptions
- Companies to Gear up to Face the Crisis
- Opportunities for Companies to Adapt Innovatively
- World Construction Industry (in US$ Trillion) for the Years 2017, 2019 & 2022
- An Intensely Competitive Market
- Incorporation of Advanced Technologies: Essential for Success in the Marketplace
- Blinds and Shades - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
For more information about this report visit https://www.researchandmarkets.com/r/xn7l69
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