Global Window Blinds Market Outlook 2019: Opportunity and Growth Analysis - Dominated By Hunter Douglas, Springs Window Fashions, Hillarys, CHING FENG HOME FASHIONS CO., LTD
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 for window blinds from various industries and the rising popularity of smart homes among the mass population are the factor for growth. 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
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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
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.
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.
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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 a remote control which will help them to raise and lower the blind. It can be controlled through Alexa, smartphones, Google Assistant and others. 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 its customers
Market Definition: Global Window Blinds Market
Window blind or window shade is a type of 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, aluminum blinds, and pleated blinds are some of the common types of blinds. As the name suggests, the there main function is to cover and uncover the window. These
• 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
• 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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