Horizontal Blinds Dominate the Window Blinds Market
Window blinds are popular in cities as they offer utility in terms of fabrication and dust protection along with aesthetic appeal. Window blinds can be angled as per one’s convenience to direct the flow or amount of sunlight in the room. Window blinds play a crucial role in preventing unwanted heat from entering the building and they can be made with materials as diverse as plastic or wood. Window blinds find immense utility in sliding doors, fabricated fixed windows, bow windows, and large windows. Window blinds can either be manually or automatically operated. The incorporation of smart connectivity in addition to increased consumer disposable income is anticipated to drive growth in the window blinds market during the forecast period.
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Smart Window Blinds Capitalize on Consumer Desire for Technology Integration
Unprecedented urbanization and the real estate boom in emerging economies is a key driver in the window blinds market. The construction industry is shifting its focus from affordable housing towards state-of-the-art projects that offer all the bells and whistles. Companies have entered into partnerships to create the ideal blend of comfort and convenience with smart window blinds being the product of choice in commercial and residential complexes. For e.g. – In 2019, Swedish giant IKEA unveiled smart blackout window blinds in its smart home lighting line-up. IKEA states that the window blinds are battery-powered and can seamlessly interact with the Apple Homekit and Amazon Alexa.
Widespread Availability of Horizontal Blinds Explain Popularity in Window Blinds Market
In terms of product type, the window blinds market can be classified into roll up, roman, vertical, and horizontal window blinds. Horizontal window blinds account for the largest market share largely due to their easy availability in local markets worldwide. Commercial complexes such as malls and office buildings are predicted to boost demand for horizontal window blinds during the assessment period ending in 2025.
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Robust Growth in APAC Hospitality Sector Bodes Well for Window Blinds Market
The developed world that is North America and Europe dominate the global window blinds market. Homemakers there have a significantly higher standard of living than their counterparts in emerging economies and are willing to spend top dollar on their housing infrastructure. The vast majority of builders suggest window blinds to their customers leading to greater prospects for all stakeholders in the window blinds market. Nonetheless, APAC is on track to record a higher CAGR as countries there have huge infrastructure requirements amounting to trillions of dollars. Another sector to keep an eye on is the emergent hospitality sector with India and Southeast Asian nations such as Thailand, Malaysia and Vietnam investing sizeable sums.
Profiled Companies
Companies actively involved in the window blinds market include Elite Window Fashions, Budget Blinds, Inc., Hillarys Blinds Limited, Springs Window Fashions, LLC., Hunter Douglas, Inc., Stevens (Scotland) Limited, Newell Rubbermaid, Advanced Window Products, Inc, Next Day Blinds Corporation, and Canadian Blind Manufacturing Inc.
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