The global blinds and shades market is anticipated to grow at a CAGR of 4.2% during the forecast period. The major players operating in the market are focusing on adopting various strategic moves such as partnerships, collaborations, and geographical expansion to remain competitive in the market.
Recent Developments
• In March 2021- The Silicon Valley firm debuted as a publicly traded company through a merger with SPAC-backed. With this merger, the company aims to provide smart windows coverings. The smart windows use artificial intelligence (AI) and machine learning to optimize natural light, control heat and limit glare. Moreover, these window covering products reduces energy consumption and greenhouse gas emissions by blocking more than 90% of solar radiation from entering buildings.
• In October 2021- Bloomin’ Blinds has leased space at The Campus at Legacy in Plano, cementing its strategy to evolve from a family business into a budding franchise. Bloomin’ Blinds is outfitting an approximately 5,000 square foot office space at Campus Legacy and brings on between six to eight new employees this year. With this expansion, the company expands its global reach by providing, installing, and repairs of window covering products, including blinds, shades, shutters, drapery, and exterior roller shades.
• In March 2022- IKEA expanded its line-up of smart shades with two new options: the PRAKTLYSING and the TREDANSEN. The tredansen smart blinds from Ikea feature a “folding blind” design, they are available in size options of 120×195 cm and 140×195 cm. They also use a “darkening” blackout-style material. The tredansen smart blinds are wireless and battery operated and retail for roughly $163.
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Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
Segment Covered-
• By Material Type
• By Application
• By Distribution Channel
Regions Covered-
• North America
• Europe
• Asia-Pacific
• Rest of the World
• Competitive Landscape includes- Hunter Douglas NV, Innovative Openings, Lafayette Venetian Blind, Inc., and others.
A full Report of Blinds and Shades Market is Available @ https://www.omrglobal.com/industry-reports/blinds-and-shades-market
Blinds and Shades Market Report by Segment
By Material Type
• Metal Blinds
• Plastic Blinds
• Glass Blinds
• Other (Synthetic)
By Application
• Residential
• Commercial
By Distribution Channel
• Online
• Offline
Blinds and Shades Market Report by Region
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
• Latin America
• Middle East and Africa
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