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US Blinds And Shades Market to grow by USD 725.86 million during 2023 to 2027, A confluence of factors including emerging market trends to boost market growth, Technavio

Blinds and Shades Market Market in US 2023-2027

News provided by

Technavio

Apr 01, 2024, 20:24 ET

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NEW YORK, April 1, 2024 /PRNewswire/ -- The US Blinds and Shades Market size is estimated to grow by USD 725.86 million at a CAGR of 4.66% between 2022 and 2027. The market thrives on various factors, including trends from Europe and emerging markets like India and Australia. Influenced by European design, American consumers prioritize stylish window treatments like curtains, drapes, and blinds. Retailers offer diverse window shades to meet this demand, alongside the growing popularity of shutters and awnings. Manufacturers innovate to create functional yet stylish blinds and shutters, sustaining market growth. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. 

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Technavio has announced its latest market research report titled Blinds and Shades Market Market in US 2023-2027
Technavio has announced its latest market research report titled Blinds and Shades Market Market in US 2023-2027

Here is an Exclusive report talking about Market scenarios with a historical period (2017-2021) and forecast period (2023-2027)

Download Sample Report in minutes!

Report Coverage

Details

Page number

131

Base year

2022

Historic period

20172021

Forecast period

20232027

Growth momentum & CAGR

Accelerate at a CAGR of 4.66%

Market growth 20232027

USD 725.86 million

Market structure

Fragmented

YoY growth 20222023(%)

4.42

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

The report on the blinds and shades market market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. 

Market Dynamics

The rising demand for eco-friendly blinds and shades is a prominent trend driving market growth. Consumers increasingly prioritize organic and environmentally friendly products due to concerns about preserving the environment and the adverse effects of volatile organic compounds (VOCs) used in traditional blinds and shades. Bamboo, a natural and biodegradable material, is gaining popularity for manufacturing blinds and shades, offering an eco-friendly alternative to vinyl and polyvinyl chloride (PVC) blinds. Additionally, manufacturers are incorporating specially formulated recycled materials into their products, such as Hunter Douglas' GreenScreen Revive roller shades made from 89% Repreve fibers, derived from 100% recycled materials. This rising demand for eco-friendly options is expected to shape market trends and drive growth.

However, a significant challenge facing the market is the risk of strangulation associated with blinds and shades. According to the US Consumer Product Safety Commission (CPSC) and the US Window Covering Safety Council (WCSC), window covering cords pose a strangulation risk to infants, toddlers, young children, and pets. This risk has led to product recalls and reluctance among consumers with young children or pets to purchase such products, potentially limiting market growth in the forecast period.

Market Segmentation

The blinds and shades market market analysis includes Product, Distribution Channel and geography landscape. This study identifies the trends as one of the prime reasons driving the blinds and shades market market growth during the next few years.

  • The blinds segment, particularly in the US, is set for significant growth. Metal or vinyl horizontal blinds, known for affordability and moisture resistance, dominate the market, especially in kitchens and bathrooms. Transparent sheer blinds are gaining commercial traction, driven by increased construction activity, particularly in home offices and residential/commercial buildings.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters-

View Sample Report

Companies Mentioned

  • Accent Design
  • Alta Window Fashions
  • American Drapery Systems Inc.
  • Blinds To Go Inc.
  • Budget Blinds LLC
  • Colorado Space Solutions
  • Crown Shade Co.
  • Innovative Openings
  • Lafayette Venetian Blind Inc.
  • Legacy Blinds Manufacturing
  • Legrand SA
  • Lotus and Windoware Inc.
  • Mechoshade Systems LLC
  • Norman Window Fashions
  • Select Blinds
  • Skandia Window Fashions Inc.
  • Springs Window Fashions LLC
  • The Shade Store LLC
  • Window World Inc.
  • Hunter Douglas NV

Accent Design: The company offers wood and vinyl shades.

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Analyst Review:

The US Blinds and Shades Market is witnessing significant growth and innovation, driven by consumer demand for energy-efficient and technologically advanced window coverings. Innovative features such as smart solar shades and automated honeycomb shades are gaining traction, especially in the context of green building infrastructure and smart buildings. Consumers are increasingly looking for blinds and shades that not only enhance the aesthetics of their spaces but also contribute to energy savings. This trend is reflected in the growing adoption of energy-efficient window coverings, including solar screens and automated roller blinds.

In addition to energy efficiency, factors such as privacy, convenience, and style play a crucial role in driving the demand for blinds and shades. Home renovation trends and the need to reduce heating and cooling costs are also fueling market growth, particularly in older homes with outdated window systems. The market is witnessing a surge in online retailing, offering consumers a convenient way to browse and purchase a wide range of window coverings. Specialty stores and hypermarkets remain important sales channels, catering to the diverse needs and preferences of homeowners. Manufacturers are focusing on producing a variety of blinds and shades, including Venetian blinds, vertical blinds, roller blinds, and Roman shades, to cater to different customer segments. Smart blinds equipped with intelligent systems are gaining popularity, providing homeowners with comfort, convenience, and energy savings. However, the market faces challenges such as US tariffs and competition from substitutes like tie-up curtains and window film. To succeed in this competitive landscape, players need to focus on winning strategies such as offering innovative products, enhancing customer awareness, and ensuring sustainable practices throughout the supply chain.

Overall, the US Blinds and Shades Market presents opportunities for growth and innovation, driven by consumer preferences for energy-efficient, stylish, and technologically advanced window coverings. With the right strategies in place, players can capitalize on these trends and establish a strong presence in this dynamic market.

Market Overview:

The US Blinds and Shades Market is witnessing remarkable growth driven by innovative trends such as smart solar shades and automated honeycomb shades. With a focus on energy efficiency and green building infrastructure, smart buildings are increasingly adopting substitutes like tie-up curtains and window film. Manufacturers are capitalizing on online retailing as a prominent sales channel to meet consumer demand. Energy-efficient window coverings like solar screens are gaining traction, aiming to reduce heating and cooling costs for homeowners. As the market expands, companies are investing in intelligent systems and automated roller blinds to cater to evolving consumer preferences. With a diverse range of products and increasing demand, the US blinds and shades market continues to grow steadily.

Related Reports:

The Germany Major Home Appliance Market size is forecast to increase by USD 5.41 billion, at a CAGR of 4.37% between 2023 and 2028. 

The Europe Household Appliances Market size is forecast to increase by USD 25.66 billion, at a CAGR of 4.35% between 2023 and 2028. 

Key Topics Covered:

1 Executive Summary
2 Landscape
3 Sizing
4 Historic Size
5 Five Forces Analysis
6 Segmentations
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix

About US
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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