Blackout Fabric Market Size, Share, Growth Analysis, By Thickness(Up to 1 Ply, 2-3 Ply), By End User(Industrial, schools and colleges) - Industry Forecast 2024-2031

Blackout Fabric Market size was valued at USD 8.85 billion in 2021 and is poised to grow from USD 9.45 billion in 2022 to USD 16 billion by 2030, at a CAGR of 6.8% during the forecast period (2023-2030).

Blackout Fabric Market is highly competitive, with many established and emerging players vying for market share. The market is characterized by intense competition, technological advancements, and a focus on developing sustainable and eco-friendly products. In addition to these established players, there are also numerous emerging players in the market, particularly in developing regions such as Asia-Pacific and South America. The market’s competitive landscape is driven by factors such as price, product innovation, brand recognition, and customer service. Companies are increasingly focused on developing eco-friendly and sustainable products and using advanced technologies such as microfiber and nanotechnology to improve the performance of their blackout fabrics. 'Hunter Douglas (Netherlands)', 'Springs Window Fashions (US)', 'Silent Gliss (Switzerland)', 'Ching Feng Home Fashions (Taiwan)', 'Elite Window Fashions (Canada)', 'Yilian Home Fashions (China)', '3 Day Blinds (US)', 'Nien Made Enterprise (Taiwan)', 'TOSO Company (Japan)', 'Aluglass Bautech (Germany)', 'Decosol (Netherlands)', 'Verosol (Netherlands)', 'Draper Inc. (US)', 'The Shade Store (US)', 'Qmotion Shades (US)', 'Somfy Systems (France)', 'Coulisse BV (Netherlands)', 'Lutron Electronics (US)', 'Phifer (US)', 'Graber Blinds (US)'

With the increasing focus on reducing energy consumption and lowering carbon footprints shows a growing demand for energy-efficient solutions. Blackout fabrics are a cost-effective way to improve the energy efficiency of buildings by reducing heat gain and loss.

Increasing use in commercial settings: While blackout fabrics have traditionally been used in residential settings, there is a growing trend towards their use in commercial settings such as hotels, conference rooms, and office buildings. This is driven in part by the need for privacy and light control in these settings and the desire for energy-efficient solutions.

North America dominated the market. One of the key drivers of this growth is the increasing number of interior design projects in the region, spanning commercial, industrial, and residential sectors. The demand for blackout fabrics is particularly strong in the residential sector, where customers are looking for energy-efficient and stylish window coverings. Canada, the US, and Mexico are the major contributors to the growth of the North American blackout fabric market. Canada experiences extremely cold temperatures during the winter, with most parts of the country covered in snow for several months. As a result, there is a strong demand for blackout fabrics that can help maintain a warm and comfortable temperature inside buildings. In addition, blackout fabrics are also popular in commercial and industrial settings, where they can help reduce energy costs and improve employee productivity by controlling light and glare. Another factor driving the growth of the market is the increasing emphasis on sustainability and energy efficiency. Governments and businesses in the region are increasingly focused on reducing energy consumption and carbon footprints, and blackout fabrics are seen as a cost-effective and eco-friendly solution. Furthermore, the region has many environmentally conscious consumers willing to pay a premium for products that are sustainably produced and have a lower impact on the environment.