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The blinds and curtains market is estimated to reach $15.1 billion

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Furthermore, advancements by industry players, rise in residential and commercial construction activities, and increase in home renovation and remodeling expenditures are driving the global blinds and curtains growth. The roller blinds segment accounted for the majority of the market share in 2021, due to the increase in awareness about protection from UV rays, it is expected to increase the demand for roller blinds, resulting in increasing the growth of blinds and sun blinds.

According to a new report published by Allied Market Research, titled, “Blinds and Shades Market,” the blinds and shades market size was valued at $10.5 billion in 2021 and is projected to reach $15.1 billion in 2031, growing at a CAGR of 3.8% from 2022 to 2031.

Blinds and screens are used for window covering. It consists of long horizontal and vertical slats of fabric, wood, plastic, aluminum that are connected by strings. It provides better light control, privacy, durability, waterproof, heat resistant and insulation. It also maintains the temperature in the room.

Download Research Sample with Industry Insights Now with All Graphs & Charts – https://www.alliedmarketresearch.com/request-sample/31853

The blinds and screens market has observed huge demand in North America, Asia Pacific and Europe. The Asia-Pacific region is expected to register significant growth in the near future due to strong economic growth, rapid urbanization, and the presence of a large population base that contributes significantly to the growth of the blinds and sun shades market in Asia-Pacific.

Furthermore, advancements by industry players, rise in residential and commercial construction activities, and increase in home renovation and remodeling expenditures are driving the global blinds and curtains growth. The roller blinds segment accounted for the majority of the market share in 2021, due to the increase in awareness about protection from UV rays, it is expected to increase the demand for roller blinds, resulting in increasing the growth of blinds and sun blinds.

Various market players have adopted strategies such as product launches, business expansions, acquisitions and agreements to expand their business and strengthen their market position. For example, in August 2021, Springs Windows Fashions launched vital, a new brand of bespoke window treatments offering blinds and screens which are a solution-oriented, simplified range of products in a range of colors and styles.

It provides the perfect product for the value-conscious homeowner seeking beautiful, custom window treatments with a level of design. Consequently, such strategic moves are expected to provide lucrative growth opportunities in the global blinds and sun shades market.

The demand for blinds and blinds is largely driven by the increase in multi-family housing trends, increase in the use of blinds and blinds in the commercial sector and the development of energy efficient blinds and blinds. Blinds and screens are commonly found in hotels and restaurants, offices, homes and others. Additionally, health concerns for people to avoid dirt, dust and excessive sunlight also increase the demand for blinds and shades.

Moreover, the increase in industrialization and urbanization in economies which include India and Africa is expected to promote the growth of blinds and shades market. Furthermore, increase in consumer spending on home renovation and improvement activities and improvements in new construction activities are expected to provide profitable blinds and shades market opportunities for the players.

Download Research Sample with Industry Insights Now with All Graphs & Charts – https://www.alliedmarketresearch.com/request-sample/31853

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Major players have adopted product launches, partnerships and acquisitions as key strategies to sustain competition and improve product portfolio. For example, in August 2021, Springs Windows Fashions launched Vitale, a new brand of custom window treatment that offers blinds and screens that are a solution-oriented, simplified range of products in a range of colors and styles. It provides the perfect product for the value-conscious homeowner seeking beautiful, custom window treatments with a level of design.

Moreover, Asia Pacific recorded the highest share of the global blinds and shades market share in 2021 owing to strong economic growth, rapid urbanization, and the presence of a large population base.

However, during the COVID-19 pandemic, various manufacturers in the market of blinds and curtains had to stop their business in countries like China, USA and India. This break directly affected sales of blinds and screens. In addition, shortage of labor and raw materials limited the supply of raw materials of blinds and screens, which adversely affected the growth of the market. However, the reopening of production facilities and the introduction of vaccines against the coronavirus is expected to lead to the reopening of shutters and blinds.

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Allied Market Research (AMR) is a full-service market research and business consulting firm of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global companies as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a single-minded approach to providing business insights and consulting to help its clients make strategic business decisions and achieve sustainable growth in their respective market domain.

This release was published on openPR.