During the forecast period, the expanding real estate market is likely to promote the market expansion of external blinds. The growing popularity of prefabricated, modular, and manufactured homes is expected to drive up blind demand in a variety of countries in the near future. The Indian real estate industry has grown significantly over the years. The India Brand Equity Foundation, or IBEF, predicts that with government support, the Indian residential sector will grow significantly in the coming years. For example, in June 2015, the Government of India (Gol) launched the Pradhan Mantri Awas Yojana, PMAY, project, with the goal of constructing 20 million residences across the country by 2022. As of August 26th, 2021, the initiative/scheme had received approximately 31 billion in funding.
External Blinds Market Report Scope and Research Methodology
The report is the guide for the organizations for the strategic planning, which includes External Blinds market supply, trends, share and recent developments. The report assists in the analysis of the key players, price and revenue as well as External Blinds Market industry sales channels, distributors, dealers and traders, company strengths, weaknesses, research findings, conclusion, data source and appendix.
The report covers key players in the External Blinds industry including company profiles, Revenue, Price, product specifications, product capacity and sales and gross margin sales with in-depth examination of External Blinds market’s competitive landscape with definite data on vendors. SWOT analysis was used to provide the strengths and weaknesses of the External Blinds key players in the industry while the bottom-up approach used to estimate the regional and global External Blinds market size.
External Blinds Market Report Overview:
The research is based on forecasts from major organizations as well as External Blinds Market statistics. The report on the External Blinds Market enlightens about the growth variables, current market share, technological developments, applications, and regional penetrations by 2029.
External Blinds Market Size is expected to grow at a CAGR of 3.4% during the forecast period. External Blinds Market is expected to reach US$ 9.04 Bn. in 2027 from US$ 7.4 Bn in 2021.
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External Blinds Market Regional Analysis:
The External Blinds Market report consists of an analysis of all the regions: Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. The current state and the forecast of the regional External Blinds market is provided in the report in terms of market size, share, and volume.
External Blinds Market Segmentation:
The External Blinds Market is divided into the following categories: Roller Blinds, Vertical Blinds, Roman Blinds, Panel Blinds, Corded Blinds, Venetian Blinds, Honeycomb, Pleated Shades, Zip Screens/Blinds, Roller Gates/Shutters, Others. Due to their decorative appeal as well as protection from external heat and dust, Roman blinds dominated the global market in 2021. Other types of blinds, such as, are also preferred by customers based on their convenience and budget. The external blinds industry is expected to be influenced by cellular blinds and honeycomb blinds made from several natural materials to form a honeycomb-like shape in the coming years due to the increased popularity of energy-efficient products.
Venetian blinds are also gaining popularity among customers and are expected to account for a sizable share of the external blinds market over the forecast period. Venetian blinds are also less expensive than other types of blinds, which is why they are popular among low-income families all over the world. Demand for roller blinds is expected to grow at a CAGR of 3.4 percent by 2031, with over 30 million units sold.
The External Blinds Market is classified into two types based on operation: manual and automatic. In 2021, the manual segment dominated the market because the adjustment and position can be controlled by hand, allowing the blind height to be simply lowered or raised without a complicated process.
The External Blinds Market is classified into two types: natural and synthetic. The natural segment, which includes wood, cotton fabric, and so on, dominates this segment due to its and heat resistant properties. Furthermore, the global market is seeing an increase in demand for organic and eco-friendly fabrics as a result of increased consumer demand for healthier products and growing concerns about hazardous chemicals, synthetic fabrics, and their sensitivities.
The External Blinds Market is divided into two segments based on end-user: residential and commercial. Due to annual growth in residential buildings and remodelling, which necessitated safety, privacy, and ambiance, the residential segment will have a significant share of this market segment in 2021.
External Blinds Market Key Players:
Ching Feng Home Fashions Co., Ltd. (Taiwan)
Griesser AG (Switzerland)
Hunter Douglas NV (Netherlands)
Lafayette Venetian Blind Inc. (USA)
Lutron Electronics Company (USA)
Mechoshade Systems LLC (USA)
Nien Made Enterprise Co Ltd. (Taiwan)
Persianas Canet S.A (Costa Rica)
Qmotion Shades (UK)
Schenker Storen AG (Switzerland)
Solarfective Products Limited (Canada)
Springs Window Fashions, LLC (USA)
TOSO CO. LTD. (Japan)
Key Questions answered in the External Blinds Market Report are:
- What is External Blinds Market?
- What are the External Blinds market segments?
- Which segment of the External Blinds market is expected to grow at a high rate during the forecast period?
- What is the expected CAGR of the External Blinds market during the forecast period?
- Which factor is expected to create growth opportunities for the External Blinds Market?
- What factors are affecting the External Blinds market growth?
- Which regional External Blinds market is expected to grow at a high rate during the forecast period?
- What key trends are expected to emerge in the External Blinds market during the forecast?
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their sub-segments
- Competitive Landscape - Leading key players and other prominent key players.
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