In 2024, the blinds and shades market is expected to be worth approximately US$ 16.26 billion. It is projected to experience a Compound Annual Growth Rate (CAGR) of 5.1% from 2024 to 2034, reaching a total valuation of US$ 26.78 billion by 2034.

Growing need of personal control from the customers towards management of light and air, is creating a more demand to produce innovative blind & shades in market by manufacturers with increased focus on fully automated product.

On top of that, blinds and shades smart-phone –controlled operation has opened up new opportunities for the world market. In addition, the introduction of blinds-interconnected voice technology is definitely transforming trends in home décor and also promotes positive value growth for a global marketplace.

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IKEA, for example, has created remote-controlled blinds that include speech recognition and a smart lighting kit. These automatic blinds can be operated with a smartphone for a more personalised experience, and they’re compatible with AI-enabled virtual assistants like Alexa and Google Assistant.

Moreover, in the blinds and shades market, manufacturers have the option of producing eco-friendly blind and shades. In the current market, only a few companies are creating eco-friendly blind and shades, which opens up potential for other businesses to invest in sustainable interior décor items.

Growing consumer knowledge of sustainable or eco-friendly products is expected to influence their purchasing decisions. As a result, the market in developed nations with strong consumer awareness has the potential to grow.

“Adoption of omnichannel sales strategy by manufacturers and growing customer inclination towards natural material-based blinds & shades are expected to offer significant market growth opportunities.” says an FMI analyst.

Key Takeaways from the Blind & Shades Market Study

• Smart windows are leaping the sales of blind & shades due to growing innovations such as windows controlled by a click of a button using rechargeable batteries and voice-activated window coverings.
• The U.S. is expected to register a CAGR of 2.2% in North America due to increasing trend of customized blind & shades as well as smartphone controlled blind & shades.
• Blinds and shades made of natural fibers is witnessing a significant growth in the global market. The customer’s awareness for their health and for environment is significantly supporting sales of natural blinds and shades.
• East & South Asia would remain the prominent region in the global blinds & shades market owing to rapid expansion of residential sector. E-commerce expansion will also be pivotal in accelerating the market build-up in this region.

Who is winning?

Leading manufacturers of blind & shades are focused on aggressive promotional strategies and advertisements that have driven sales growth of Blind & Shades globally.

Major players present in the blind & shades market are

• Ching Feng Home Fashions Co. Ltd.
• Griesser AG Electrocomponents PLC
• Hunter Douglas NV
• Lafayette Venetian Blind Inc.
• Legrand
• Lutron Electronics Company
• Mechoshade Systems LLC
• Nien Made Enterprise Co. Ltd.
• Persianas Canet S.A
• Qmotion Shades
• Schenker Storen AG

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Global Blind & Shades Market by Category

By Product Type:

• Roller Shades
• Vertical Shades/Blinds
• Panel Blinds
• Roman Shades/Blinds
• Venetian Blinds
• Pleated Shades
• Others (Mini Blinds, Micro Blinds, etc.)

By Fabric:

• Natural Blind & Shades
• Synthetic Blind & Shades

By Mode of Operation:

• Manual Blind & Shades
• Automatic Blind & Shades

By Application:

• Residential
• Commercial

By Distribution Channel:

• Online
  • Company Owned Portal
  • Ecommerce Portal
• Offline
  • Hypermarket
  • Specialty Stores
  • Departmental Stores
  • Others

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA