External Blinds Market Size, Share, Growth Analysis, By Service(Roller Blinds, Venetian Blinds), By Material(Metal, Wood and Plastic), By Application(Residential and Commercial), By Operating System(Automatic and Manual), By Installation(New Construction and Retro-fit) - Industry Forecast 2024-2031

Report ID: SQMIG25F2013 | Region: Global | Published Date: April, 2024
Pages: 223 | Tables: 141 | Figures: 78

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External Blinds Market size was valued at around USD 11.93 Billion in 2022 and is expected to grow from USD 12.82 Billion in 2023 to reach USD 22.87 Billion by 2031, at a CAGR of 7.50% during the forecast period (2024-2031).

A few new entrants and established players make up the industry, which is what makes it unique. The growing tendency of external blinds is drawing the attention of numerous major players. In order to retain market share, players in the space are diversifying the services they offer. 'Hunter Douglas', 'Griesser AG', 'Warema', 'Roma', 'Lutron Electronics Co., Inc.', 'Somfy Systems, Inc.', 'Kresta Holdings Limited', 'Talius', 'Rolletna', 'Luxaflex', 'Verosol', 'Coulisse B.V.', 'Dickson Constant', 'Insolroll', 'Renson', 'Aluprof SA', 'Svenska Fönster AB', 'Winsol', 'HELLA Sonnen- und Wetterschutztechnik GmbH', 'Brustor NV'

There is an increasing awareness about the importance of environmental sustainability, which is driving the demand for eco-friendly external blinds made from sustainable materials.

There is a growing demand for smart external blinds that can be operated remotely, via smartphones or voice assistants, and can be integrated with home automation systems. This trend is driven by the need for convenience, energy efficiency, and home security.

North America experienced the fastest rise in the use of external blinds, with a proportion of more than 40.5% in 2022. Blinds and shades are the most useful and cost-effective window décor options. The placement of shades also makes energy savings more effective. For instance, mounting shades close to the window and up against adjacent surfaces form a tight seal that lessens heat gain and loss. A simple setup of light-colored drapes and white plastic, according to the U.S. Department of Energy (DOE), can reduce solar heat absorption by 33%.

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External Blinds Market Size, Share, Growth Analysis, By Service(Roller Blinds, Venetian Blinds), By Material(Metal, Wood and Plastic), By Application(Residential and Commercial), By Operating System(Automatic and Manual), By Installation(New Construction and Retro-fit) - Industry Forecast 2024-2031

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