Window Coverings Market 2021 Top Leading Industry: Hunter Douglas N.V., Norman Window Fashions, NNK Window Covering, Kirsch, Insolroll Window Shading Systems, Decora Blind Systems Ltd
The Window Coverings Market is expected to register a CAGR of 4.42% over the forecast period from 2020 to 2025.
The report is updated with the impact of the currently ongoing COVID-19 pandemic. The pandemic has dynamically affected key market segments and changed the growth pattern and demands in the Window Coverings market. The report covers an in-depth analysis of these changes and provides an accurate estimate of the market growth forecast after the impact of the pandemic.
The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Window Coverings Market: Hunter Douglas N.V., Norman Window Fashions, NNK Window Covering, Kirsch, Insolroll Window Shading Systems, Decora Blind Systems Ltd, Kvadrat Shade B.V., Roma KG, MechoShade Systems, LLC, Griesser AG, Western Sydney Shutters, Bombay Dyeing & Manufacturing Company Limited, Guangzhou JADY Window Coverings Technology Co., Ltd
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Industry News and Developments:
- July 2020 - Hunter Douglas launched its proprietary Designer Roller Duolite Shade that combines a sheer fabric for light-diffusion and a thick liner for room-darkening together on one roller. With the new patented Designer Roller Duolite Shade, consumers dont have to choose between having either beautifully diffused light with a view-through to the outside or a room-darkening shade. They could experience both in a single shade for optimal light control.
Key Market Trends
Blinds are Expected to Hold Significant Share
- Blinds include Venetian, vertical, roller, and other blinds (soft, pleated). A typical window blind is made of multiple long vertical or horizontal slats of various hard material types. The materials, including wood, plastic, or metal, are held together by cords that run through the blind slats. Venetian blinds have been widely adopted in office buildings to regulate light and air. Therefore, multiple commercial-based upcoming projects across the world promise a wider adoption of the same. Vertical Louvre Blinds are used to control the light and could open fully by drawing them to a single side of the window. Roller blinds can be rolled down and up either fully or partially for light control, although translucent materials will allow the entry of light through while maintaining privacy.
- Additionally, as multiple initiatives emerge on sustainable commercial constriction, such as the German Federal Ministry of Economic Affairs setting benchmarks in terms of low primary energy consumption, the data mentioned above was collected from an office building in Frankfurt, Germany, over four years. This highlighted the daylight factors at the workspaces from Venetian blinds with different blind positions and ceiling panels above the desks. Also, the occupants' interactions with windows and blinds were considered essential aspects of passive cooling concepts. This is likely to fuel the automation and motorization of blinds shortly.
- In November 2019, Danish textile brand Kvadrat worked with designers Ronan and Erwan Bouroullec on a roller blind that does more than just screen a window. They offer acoustic benefits and can provide thermal insulation to reduce a building's energy consumption. The company has even created a calculator to find out how much money they can save on their heating bills. Applying a metalized textile to the underside of the blind allows it to function as a thermal insulator. It prevents heat from entering in warmer summer months and stops heat from escaping in the winter. The designs are produced from polyester, without PVC, to make them easily recyclable.
- Smart home automation related gadgets are gaining in significant popularity worldwide, and several home stores are beginning to sell items such as smart dimmers and motion sensor kits. In January 2019, IKEA announced the release of two new products, smart products. FYRTUR and KADRILJ are battery-powered smart window blinds that can be controlled wirelessly by the remote control that comes with the blinds. The user can also manage the blinds through the associated app or by a device like Amazon Alexa or Google Home. The blinds are available in the range of EUR 99 - EUR 155. IKEA also announced that the smart shades would only be available in the European market and available in the U.S. sometime in spring 2019.
For a comprehensive understanding of market dynamics, the global Window Coverings market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India, and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
Ask for TOC and Report Description:
Influence of the Window Coverings market report:
-Comprehensive assessment of all opportunities and risks in the Window Coverings market.
–Window Coverings market recent innovations and major events.
-Detailed study of business strategies for growth of the Window Coverings market-leading players.
-Conclusive study about the growth plot of Window Coverings market for forthcoming years.
-In-depth understanding of Window Coverings market-particular drivers, constraints, and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Window Coverings market.
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Window Coverings Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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