Blind and Shades Market Size Worth $27.19 Billion By 2032 | CAGR: 7.7%

The global blind and shade market size is expected to reach USD 27.19 billion by 2032, according to a new study by Polaris Market Research. The report “Blind and Shades Market Share, Size, Trends, Industry Analysis Report, By Type (Blinds & Shades); By Application (Residential, Commercial); By Distribution Channel; By Installation; By Technology; By Region, And Segment Forecasts, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

With increasing disposable income and high spending power, consumers with moderate to high incomes are the primary target customers for window coverings. Moreover, the trend of motorized & automated blinds and shades is also gaining popularity among consumers, providing a convenient and hassle-free experience. In addition, the increasing urbanization & globalization trends have resulted in a rise in the home decor demand, particularly in emerging economies such as India, Brazil, & China, leading to an increase in demand for window blinds & shades in the residential sector.

Increasing disposable income of consumers has led to a rise in demand for home décor and interior decoration products, including window blinds and shades. Consumers are now more willing to spend on high-quality and aesthetically pleasing window coverings, leading to an increase in sales for the market. Moreover, the robust development of emerging economies has resulted in an increase in the number of residential and commercial constructions, further fueling the demand for window blinds and shades.

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Energy-saving features of window blinds and shades, such as thermal insulation and heat resistance, make them a cost-effective way to improve home energy efficiency. In addition, smart window blinds and shades offer added benefits, such as remote control and the ability to program the opening and closing of the blinds based on the time of day and temperature.

The adoption of smart home products is increasing, and this trend is likely to further boost the demand for smart window blinds and shades in the residential sector. As per the estimates of the US. based Department of Energy (DOE), the heat gain & loss through panel windows stood at 25 to 40 per cent of the annual heating & cooling costs.

Blind and Shades Market Report Highlights

• Shades segment recoded the highest growth rate, this is primarily due to advancements in technology, with remote control & automatic weather shades
• Online segment recoded the highest growth, due to huge discounts & comfortable shopping for the customers
• North America garnered the largest share, due to rise in construction activities and investments in the sector
• The global players include Hunter Douglas, Hillarys, Aspect Blinds, Springs Window Fashions, Elite Window Fashions, Canadian Blind Manufacturing, Aluvert Blinds, Kresta, Next Day Blinds, & Day Blinds.

Polaris Market Research has segmented the Blind and Shades market report based on type, application, distribution channel, installation, technology, and region:

Blind and Shades, Type Outlook (Revenue - USD Billion, 2019 - 2032)

• Blinds
  • Venetian
  • Vertical
  • Roller
  • Others
• Shades
  • Cellular
  • Roman
  • Pleated
  • Roller
  • Others

Blind and Shades, Application Outlook (Revenue - USD Billion, 2019 - 2032)

• Residential
• Commercial

Blind and Shades, Distribution Channel Outlook (Revenue - USD Billion, 2019 - 2032)

• Online
• Offline

Blind and Shades, Technology Outlook (Revenue - USD Billion, 2019 - 2032)

• Automatic
• Manual

Blind and Shades, Installation Outlook (Revenue - USD Billion, 2019 - 2032)

• New Construction
• Retrofit

Blind and Shades, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
• Latin America
  • Argentina
  • Brazil
  • Mexico
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Blinds and Shades Market Report Scope