CLEVELAND, June 14, 2017 /PRNewswire/ -- US demand for window coverings is forecast to total $5.2 billion in 2021, according to Window Coverings: United States, a report recently released by Freedonia Focus Reports. Sales of hard coverings will outpace those of soft coverings as consumers adopt energy-saving products, such as cellular shades.
Demand for separately sold hardware will also experience robust expansion, advancing 2.6% annually, supported by trends toward high-end decorative and motorized smart home products.
Shipments of window coverings in the US are forecast to total $3.1 billion in 2021. Production is expected to grow at a rate consistent with US demand, supported by the large number of window covering products that require customization, which provides insulation from import competition.
These and other key insights are featured in Window Coverings: United States. This report forecasts US window covering demand in US dollars at the manufacturers' level to 2021. Total demand and shipments are segmented by product in terms of:
- hard coverings
- soft coverings
Hard covering shipments are further segmented by type as follows:
- window shades
- Venetian blinds
- other hard coverings such as wooden slat porch shades and vertical blinds
To illustrate historical trends, total demand, total shipments, the various segments, and trade are provided in annual series from 2006 to 2016
More information about the report is available at https://www.freedoniafocusreports.com/pub/10912462.html
About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Consumer Goods reports can be purchased at www.freedoniafocusreports.com or marketresearch.com.
Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:
- total historical market size
- segmentation by products
- identification of market drivers, constraints, and key indicators
- segment-by-segment outlook in five-year forecasts
- a survey of the supply base
- suggested resources for further study
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/us-window-covering-demand-to-reach-52-billion-in-2021-300473927.html
SOURCE The Freedonia Group