Global Window Blinds Market is expected to rise to an estimated value of USD 2446.26 Million by 2026
The Global Window Blinds Market research report offers the market insights from the statistics, gathered from reliable market information such as manufacturers, channel partners, decision-makers and regulatory bodies. It outlines segment of the market investigates progression such as drivers, limitations, and opportunities that at present strongly affect the market and could impact the market in future, Market share analysis mentioned in this Global Window Blinds Market report with a specific end goal to clarify the intensity of rivalry between driving market players working over the globe. It validated primary and secondary research methodology and data sources that are implied to collect key information like market size, trends, revenue, and analysis.
Global Window Blinds Market is expected to rise to an estimated value of USD 2446.26 million by 2026, registering a substantial CAGR in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. Increasing demand of window blinds from various industries and rising popularity of smart homes among the mass population are the factor for the growth.
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Key Market Competitors:
Few of the major competitors currently working in the global window blinds market is Hunter Douglas, Springs Window Fashions, Hillarys, CHING FENG HOME FASHIONS CO., LTD, Aspect Blinds, Aluvert Blinds, Kresta, AWB – Advanced Window Blinds, NIEN MADE ENTERPRISE CO.,LTD., NICHIBEI CO.,LTD., TACHIKAWA CORPORATION, Graber, Budget Blinds, LLC, Elite Window Fashions, Innovative Openings, Canadian Blind Manufacturing Inc., Next Day Blinds Corporation, 3 Day Blinds LLC, Yunlong Wood Co., Ltd., Domir Blinds Manufacturing Inc., TOSO COMPANY, LIMITED and others.
Global Window Blinds Market By Types (Roller Blinds, Panel Blinds, Pleated Blinds, Roman Blinds, Vertical Blinds, Wood Blinds, Faux Wood Blinds, Aluminium Blinds), Application (Commercial, Residential), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Competitive Analysis:
Global window blinds market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of window blinds market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Key Developments in the Market:
• In January 2019, IKEA announced the launch of their new smart blinds Kadrilj and Fyrtur smart roller blinds which are equipped with batteries and also have remote control which will help them to raise and lower the blind. It can be controlled through Alexa, smartphones, Google assistant and other. This new blinds are available in different sizes from 80x195cm to 140x195cm
• In July 2018, Hunter Douglas announced that they have acquired 70% of Akant. The main aim of the acquisition is to help the company to strengthen their position in the specialty retail segment of the Polish market. This will help the company to provide better services and solutions to their customers
Market Definition:
Window blind or window shade is a type of a window covering which is majorly used to top the light from entering. These window blinds are mainly made of wood, plastics, fabrics and other materials and are available in different sizes. Roller blinds, roman blinds, wood blinds, aluminium blinds, and pleated blinds are some of the common type of the blinds. As the name suggests, there main function is to cover and uncover window. These
Market Driver:
• Increasing dispensable income is driving the market
• Growing demand for consumer goods will also propel the growth of this market
• Technological advancement and development in the product will also accelerate the market growth
• Affordable price of the window blinds is also contributing as a factor the growth of this market
Market Restraint:
• Less efficiency of blinds to maintain heat will restrain the market growth
• Problem associated with the window blind slat to get damage will also restrict the market growth
• Increasing need of cleaning the window blinds is also restraining the growth of this market
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