Global Pleated Shades Market - 2022-2029

Global Pleated Shades Market - 2022-2029

Market Overview

The global pleated shades market size was worth US$ XX million in 2021 and is estimated to record significant growth by reaching up to US$ XX million by 2029, growing at a CAGR of XX% within the forecast period (2022-2029).

Pleated shades are window treatments composed of pleated fabric (which adds texture to a room) that pull up to sit flat at the top of a window and are hidden from view while open. Pleated shades offer softness and texture to a room while also giving shade and seclusion cleanly and practically.

While they may not be the first style that comes to mind when considering shades, there are a few reasons to consider them for windows. Pleated shades are popular in conservatories because they provide a pleasant shading effect, filtering sunlight and keeping the room from becoming too hot and stuffy. Furthermore, special solar finishes that block harmful UV rays add value to the pleated shades market.

Pleated shades are ideal for tilted windows and hard-to-reach skylights because they may be installed directly on the frame. Many can also be adjusted using motorized controls so that the customer won't need to get their stepladder out.

Market Dynamics

Easy product availability due to fabric pattern and texture options compared to other pleated shades products boosts the market share for pleated shades. Growing government investment in smart city projects creates immense opportunities for the pleated shades market to grow in the forecast period.

Easy product availability due to fabric pattern and texture options compared to other pleated shades products boosts the market share for pleated shades.

The ease of product availability drives the pleated shades market in terms of fabric pattern and texture options compared to other shades products. Natural and synthetic materials are most extensively used to manufacture pleated shades. Furthermore, companies are increasing their manufacturing of natural material-based pleated shades instead of synthetic pleated to cater to product demand by end-user.

Additionally, throughout the projected period, the manufacture of natural pleated shades is expected to be a new possibility for increasing pleated shade sales. Natural pleated shades are widely used for a cool and crazy room. Furthermore, natural is a simple and calming color, which creates a quiet room with a sensitive touch of elegance. Natural pleated shades bring out a warm ambiance in the room and make it look sophisticated. Thus, the growing demand for natural pleated shades due to the growing adoption of natural fabric and easy availability of raw materials is boosting the market share for the segment.

Furthermore, rising customer interest in home design, particularly in Asia-Pacific, Latin America, Middle East and Africa, boost the pleated shades market. The global home decor market has been gaining popularity in emerging economies due to the rise in the affluent population. Furthermore, as consumer awareness of the environment has grown, customers' preferences have switched toward eco-friendly home decor goods, a crucial growth factor for the global pleated shades market.

In addition, as customers' disposable income rises in both developed and developing countries, the market expands. Furthermore, aggressive advertising and celebrity endorsement have considerably expanded the global market. However, the market's growth is limited by the availability of low-quality products and changes in the prices of raw materials used to create these products.

Growing government investment in smart city projects creates immense opportunities for the pleated shades market to grow in the forecast period.

The government initiatives to increase smart city projects create huge opportunities for the pleated shades market to grow in the forecast period. Governments have played a significant role in smart city projects worldwide through rules and initiatives to deploy smart services as a key infrastructure component.

The General Services Administration's (GSA) Smart Buildings initiative, for instance, began in May 2012 to lower costs and promote smart services. One notable initiative in recent years was the modernization of federal government buildings, which was mostly accomplished through the use of connected technologies.

Similarly, due to its focus on energy and climate goals, the smart cities market in Europe is predicted to grow at a high rate. As a result, the government is focused on energy distribution with efficient models and methods to move the region toward a low-carbon future.

Difficult cleaning and the high cost of pleated shades are majorly hampering the market share for the product.

Unfortunately, although pleated shades can be made of various fabrics, none allow for the same ease of cleaning as plastic or wood shades. Dust collects on them and they might even be discolored.

Cleaning them can be tough due to their structure and it may be necessary to pull them down and carefully wash them in the bathtub. Furthermore, pleated shades aren't likely to win any awards in terms of style. On the other hand, their unfashionable design makes them so effective in terms of insulation.

In addition, pleated shades aren't the most expensive, but they're usually around the center compared to pricing. They are less expensive than roman shades but more expensive than venetian shades. Thus, high cost compared to other shades available in the market hurdles the market's growth.

COVID-19 Impact Analysis

The outbreak of COVID-19 has severely affected the construction industry and hampered the pleated shades market during the 2019-2020 period. The disruption in the supply chain and global limits on trading operations have resulted in various firms' decreased material consumption globally.

However, with the emergence of COVID-19, home renovations became more popular; although market sellers reported a drop in bespoke window covering sales, this was in keeping with the ban on house visits. In addition, a sizable DIY industry arose to facilitate cheap home décor renovations. In addition, trade shows have been canceled or postponed. However, increasing vaccination in the various developing region has created immense demand for pleated shades to revive in the forecast period.

Segment Analysis

The global pleated shades market can be segmented on product, material, mode of operation, distribution channel, end-user and region.

Increasing demand for sustainable and eco-friendly materials has escalated the market share for natural pleated shades.

The global pleated shades market based on material is segmented into 2 segments, natural and synthetic. Out of the two material types, natural pleated shades are expected to dominate in the future global pleated shades market due to the increasing adoption of natural materials over synthetic materials. The shift towards natural pleated shades is increasing due to better durability, sustainability and zero chemical involvement in manufacturing pleated shades. However, the high cost of the materials remains a segment challenging factor compared to synthetic materials. For instance, paper pleated shades shades have shown tremendous growth in the past few years due to high-quality fabric, ease to cut, child-safe cordless operation and cleaning.

Furthermore, the natural pleated shades are 100% non-woven material - safe, breathable, non-toxic and environmentally friendly. The shades block most UV rays and harmful dust, providing a family-friendly environment—better shade and durability than other types of curtains.

Geographical Analysis

Growing construction activities and expanding residential developments in North America are boosting the market share for pleated shades in the region

The largest contributor to U.S. economy is the construction industry. The value-added of the construction industry in U.S. was around XX % in 2021.

Improving public investment in nonresidential buildings and nonresidential structures is likely to create market opportunities for the pleated shades in the region; furthermore, according to U.S. Census Bureau, public residential building construction investment in U.S. climbed from US$ 5.07 billion in 2014 to US$ 6.55 billion in 2019. With this, substantial investments in home décor and home improvements are projected in U.S., propelling the pleated shades market in the region.

The demand for pleated shades is likely to be driven by a similar trend of expanding residential developments due to the world's growing population. In addition, the commercial construction industry is growing. According to the FMI Corporation, new commercial buildings in U.S. are predicted to be worth US$ 99.42 billion in 2021, up from US$ 47.33 billion in 2012. Thus growing infrastructure investment in U.S. is projected to create market opportunities for the pleated shades market in the forecast period.

Competitive Landscape

The pleated shades market is highly competitive with the presence of local and global companies. Some prime companies contributing to the market's growth are Persianas Canet S.A, Shades to Go, Levolor Inc., SWFcontract, TOSO Company Limited, Ching Feng Home Fashions Co., Ltd., Griesser AG, Hunter Douglas NV Lafayette Venetian Blind Inc., Legrand, Lutron Electronics Company, Mechoshade Systems LLC., Qmotion Shades Schenker Storen AG, Solarfective Products Limited, Springs Window Fashions and others.

The major companies are adopting several growth strategies such as acquisitions, product launches and collaborations, contributing to the market growth of pleated shades globally.

Shades to Go

Overview: The company was the first specialist online shades retailer in 2000. The company has covered over 10 million windows in UK. Shades to GO specializes in Imported / Indian / Customized Wallpapers, Artificial Grass, Rubber Flooring, Wooden Flooring, Artificial Vertical Garden, Wooden Blind, PVC Carpet, PVC Strips, Roller Shades, Glass Films, Vertical Shades and Commercial & residential carpets.

Product Portfolio

DuoLight-Max Cotton White Thermal Shade: The product is a pleated shade with larger honeycomb pockets; they bring a whole new look to the home. The soft white colorway shades keep the home looking refreshing and airy, while the light filtering fabric brings a lovely sun-kissed glow throughout.

Why Purchase the Report?

Visualize the pleated shades market segmentation by product, material, mode of operation, distribution channel, end-user and region, highlighting key commercial assets and players.

Identify commercial opportunities in the pleated shades market by analyzing trends and co-development deals.

Excel data sheet with thousands of pleated shades market-level 4/5 segmentation points.

PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.

Product mapping in excel for the key product of all major market players

The global pleated shades market report would provide approximately 77 market data tables, 69 figures and 205 pages.

Target Audience 2022

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