External Blinds Market Growing Demand, Opportunities and Share Analysis 2022 to 2028

According to Precision Business Insights (PBI), the latest report, external blinds market size is expected to be valued at USD 16,834.8 million in 2022 and grow at a CAGR of 6.9% from 2022-2028. The primary factors that drive the market are the increasing demand for energy-effective security for homes and the presence of various types of window blinds for aesthetic pleasure.

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Venetian Blinds to Dominate the External Blinds Market:
Based on product type, Venetian blinds hold the highest market share. The major factor for the rise of this segment is the exceptional features of Venetian blinds. Venetian blinds are accessible in numerous materials, such as wood. There are even cordless forms of blinds. When the levels of light go down, handlers can automatically withdraw their Venetian blinds in order to be totally hidden from sight. Moreover, they permit easy contact with the glass for cleaning. The blade surface has a low curve that matches the fine lines of modern architecture. These properties can drive the global external blind market growth.

Europe External Blinds Market:
Europe leads the global external blind market growth due to growth in numerous product types such as roller blinds, panel blinds, vertical blinds, Venetian blinds, corded blinds, zip screens/blinds, honeycomb, and pleated shades accessible in many countries such as Germany, France, Netherlands, Belgium. Europe leads the global market due to rising disposable income along with the increase in acceptance of roller blinds and roller shutters/gates and increasing purchases from online retail shops.

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players
The global External Blinds market further reveals that the key players are implementing strategies such as the extension of product collection through research and development activities, product launches, acquisitions, mergers, and strategic alliances to improve their market position and strengthen the market revenue share. In March 2022, Droma-Sunshade Experts was acquired by Hunter Douglas in order to expand its business.

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The external blinds market is segmented based on, product type, material type, distribution type, end users, and region.
Based on the product type, the market is segmented into the following:
• Roller Blinds
• Venetian Blinds
• Panel Blinds
• Others

Based on the material type, the market is segmented into the following:
• Natural
• Synthetic

Based on the distribution channel type, the market is segmented into the following:
• Offline
• Online

Based on the end users, the market is segmented into the following:
• Residential
• Commercial

Based on the region, the market is segmented into the following:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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Key players' profiles in the external blinds market report are Alulux GmbH; Griesser AG; Country Blinds Pty Ltd; Hunter Douglas; MHZ Hachtel GmbH & Co. KG; NEVA; Schenker Storen; Serge Ferrari S.A.S.; Verano; and WAREMA Renkhoff SE.

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