Sustainable Construction Practices to Drive Sales of Electrically Operated Window Blinds - Fact.MR Study
This newly published and insightful report sheds light on Market Insights of Electrically Operated Window Blinds, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Electrically Operated Window Blinds Market.
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Fact.MR has recently published an extensive report on the Electrically Operated Window Blinds market, projecting a valuation of US$ 4 Bn by the end of the 2021-2031 forecast period. By 2021-end, the market is forecast to reach US$ 2.6 Bn. Demand for electrically operated Electrically Operated Window Blinds is likely to surge, as energy efficiency concerns acquire precedence, registering a CAGR of 5% by 2031.
According to a recent Fact.MR study, Electrically Operated Window Blinds sales are estimated to exceed 110 million units in 2019. The Electrically Operated Window Blinds industry continues to be influenced by a range of factors, such as increasing home renovation and remodeling activities, complemented by growing focus on revamping the aging infrastructure. The study analyzes the Electrically Operated Window Blinds market in detail, and offers readers a thorough analysis of macroeconomic and industry-specific factors impacting the market growth.
According to the study, home improvement activities significantly contribute to growth of the Electrically Operated Window Blinds industry. LIRA, the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University finds that, in the US alone, remodeling activities are witnessing a significant rise, as elevating real-estate prices hold majority of consumers from making new property investments, directing their focus toward maintenance and renovation activities instead. This, coupled with the advent of eco-friendly and recyclable materials such as jute and bamboo with the focus on sustainability among industry players and consumers alike, has been favoring sales of Electrically Operated Window Blinds.
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Key Segments Covered
Horizontal Window Blinds
Vertical Window Blinds
Roman Window Blinds
Roll Up Window Blinds
Window Pane Operation
Manually Operated Window Blinds
Electrically Operated Window Blinds
Residential Window Blinds
Commercial Window Blinds
Industrial Window Blinds
3rd Party Online Sales
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Prominent manufacturers are reliant on such expansion strategies as acquiring existing small-scale market players, launching new products and forging collaborations with notable manufacturers. Prominent developments in the industry are as follows:
In January 2021, Springs Window Fashions declared its intent to purchase B&C International, one of Europe's major window treatment providers. B&C makes custom and ready-made window treatments under the Bece, Decosol, and private label brands in the Netherlands.
In 2018, Hunter Douglas Inc. launched a revolutionary blackout technology- the Dutette® LightLockTM system, which is engineered to prevent light leakage at the window. These honeycomb shaped shades use unique U-shaped side channels which overlap the front and back shades.
Key Takeaways from the Market Study
Roll-up blinds to remain most popular selling product, contributing around 40% revenue
Demand for window blinds for residential buildings to contribute 50% revenue
By window pane operation, electrically operated blinds to be most preferred, growing at 5% CAGR
North America to account for more than 1/3rd revenue share in the global window blinds market
Europe to be the largest contributor to global revenue shares, capturing half of the total market
South Asia to emerge as the fastest growing market, clocking a CAGR of 5.5%
“Existing residential and commercial complex owners are reinforcing their commitment towards sustainability, prompting them to undertake internal renovation activities, impelling deployment of insulating and energy saving window blinds,” says a Fact.MR analyst.
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Key Question answered in the survey of Electrically Operated Window Blinds market report:
Sales and Demand of Electrically Operated Window Blinds
Growth of Electrically Operated Window Blinds Market
Market Analysis of Electrically Operated Window Blinds
Market Insights of Electrically Operated Window Blinds
Key Drivers Impacting the Electrically Operated Window Blinds market
Which are the Key drivers impacted by Electrically Operated Window Blinds market
Restraints Shaping Market Growth
Market Survey of Electrically Operated Window Blinds
More Valuable Insights on Electrically Operated Window Blinds Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Electrically Operated Window Blinds, Sales and Demand of Electrically Operated Window Blinds, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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