Global Roller Shades Market - 2022-2029

Global Roller Shades Market - 2022-2029

Market Overview

The global roller 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).

Roller shades are popular because of their clean look, adaptability and premium style. The shades look just as good behind drapery panels in a classical setting as in a minimalist area. Roller shades give any space in the house a modern yet classic look. The roller shades are robust and come in various colors, fabrics and designs. Roller shades are made up of a hollow tube around which the cloth rolls. A ratchet in the tube locks them in place when it pulls down on the shade. Spring can be adjusted inside this tube to get the desired tension.

Market Dynamics

Increased infrastructural development across the globe is boosting the demand for roller shades.

Increased infrastructural development across the globe is boosting the demand for roller shades.

Rapid urbanization, rising residential construction and rising disposable income drive the roller shades industry, increasing housing projects and a significant interest in home improvement projects. The roller shades market is expected to grow rapidly in the forecast period. During the forecast period, key factors projected to drive the roller shades market include the growth in popularity of smart homes and increased infrastructural development worldwide.

Increased spending in the household segment and increased public knowledge about the importance of UV protection have resulted in a large increase in sales of roller shades, which has boosted the roller shades market's growth. The expansion of the roller shades industry, on the other hand, is being aided by a movement in client purchasing patterns from low-cost to appealing and decorative products.

Furthermore, roller shades in homes are fast expanding in emerging nations like India, China, Brazil and others, which favorably influences the rollers market in volume growth. Roller shades are rapidly increasing because of customers' rising level of living. Furthermore, producers are developing roller shades with various characteristics to boost their usability to a diverse consumer base.

On the other hand, the roller shades market is experiencing considerable expansion because of rising infrastructure spending for interior and external building decorating by hotels, restaurants, cafes and part halls.

The growing shift of companies towards adopting natural material as a raw material for roller shades is creating huge opportunities for the product to grow in the forecast period.

Due to an increase in demand for natural material-based roller shades by End-Users, companies are boosting their production of natural material-based roller shades. Furthermore, throughout the projected period, the manufacture of organic roller shades is expected to be a new possibility for fulling roller shade sales.

For instance, Shades Chalet offers natural bamboo roller shades created from simple bamboo and other natural materials such as rope, jute and grass and are available on various platforms. Weaved wood shades are environmentally beneficial because they are manufactured from entirely natural, renewable materials. Bamboo is a fast-growing, self-renewing plant. For instance, Tavarua woven wood shades are harvested from natural forests that regenerate over time. The natural shades are not only attractive but are also environmentally friendly.

In addition, the roller shades market is witnessing an upsurge because of innovations and developments in technology, which attracts many users to these products. By incorporating manufacturing breakthroughs in technology and creating product lines, key players in the roller shades market emphasize the importance of bringing novel shades to their product portfolios.

COVID-19 Impact Analysis

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

On the other hand, the roller shades business is expected to recover as vaccine production and COVID-19 medical equipment become more widely available. Although following the pandemic, fresh varieties of trendy, fashionable, innovative, fashion-forward and energy-saving window processing solutions are expected to drive the market.

The growing expansion of the roller shades market would be dependent on the recovery of manufacturing activity and enhanced distribution. Customers favored personalized roller shades before the COVID-19 pandemic. Due to the spread of technology expertise, consumers are more likely to adopt smart window solutions to replace electrical window roller shades in the forecast period.

Segment Analysis

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

Due to End-Users' increased demand for natural material-based roller shades, companies are boosting their production of natural material-based roller shades rather than synthetic roller shades.

The global roller shades market based on fabric is segmented into natural and synthetic. Out of the mentioned fabrics, the natural is expected to dominate the future roller shades market due to the rising shift of consumers towards the adoption of eco-friendly materials over synthetic materials.

The leading players in the roller shades market are concentrating their efforts on improving the material quality of roller shades to increase their income in terms of value. Furthermore, customers' growing preference for certain shades for specific purposes has prompted key players to introduce a variety of roller shades to the market to attract clients from a wide range of industries.

As a result of these reasons, important firms have seen tremendous volume growth. The key competitors in the roller shade market concentrate on providing natural-material roller shades. Furthermore, the growing popularity of environmentally friendly roller shades is predicted to support the roller shades market's value growth.

Geographical Analysis

Growing infrastructural development and increasing adoption of smart infrastructure practice in Asia-Pacific is boosting the market share for roller shades in the region

East Asia and South Asia are expected to hold a dominating share in the global roller shades market due to the high number of households in the region. Furthermore, Chinese roller shades manufacturers are engaged in developing innovative products at competitive prices to attract customers worldwide.

Furthermore, key manufacturers in North America are primarily engaged in roller shade automation to meet the growth in customer demand for home automation. In addition, the expansion of the roller shades market in North America is being fueled by a new trend of home construction with built-in roller shades.

The worldwide roller shade market is predicted to develop moderately in Europe. However, rising spending on high-end home décor products in Europe is boosting the roller shades industry in the region. The roller shades market in Latin America, the Middle East and Africa is experiencing substantial expansion due to increased knowledge of the benefits of roller shades.

Competitive Landscape

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

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

For instance, In April 2021, Graber launched new solar and roller shades fabrics for sustainable style and healthier homes.

Hunter Douglas

Overview: Hunter Douglas N.V. is a multinational firm headquartered in Netherlands. The company’s main line of business is window coverings, shades and shades. The corporation is publicly traded and the CEO owns more than 80% of the stock. The company also has a management office in Lucerne, Switzerland.

Product Portfolio

Roller Duolite Shades: Roller Duolite Shades set a new design standard with the first-ever double-fabric combination of a light-filtering sheer and a room-darkening opaque liner on a single shade

Key Development

On July 21, 2020, Hunter Douglas, the world's leading manufacturer of custom window coverings, introduced the Designer Roller Duolite Shade. The engineering innovation combines a translucent fabric for light diffusion and an opaque liner for room darkening on one roller. The unique two-in-one design is the first of its type, providing homeowners with the ultimate privacy and light control.

Why Purchase the Report?

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

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

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

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 roller shades market report would provide approximately 77 market data tables, 70 figures and 211 pages.

Target Audience 2022

Service Providers/ Buyers

Industry Investors/Investment Bankers

Education & Research Institutes

Research Professionals

Emerging Companies

Manufacturers

Logistics companies

Distributors