Report forecast the blinds and shades market in the US to
grow at a CAGR of 3.77% during the period 2016-2020.
Blinds and shades, which are the most commonly used window
covering products in the US, are available in different types, colors, and
textures. Consumers' preferences for aesthetically appealing window covering
products play an important role in the growth of the blinds and shades market
in the country. The demand for customized products is also increasing, which
will exert a positive impact on the growth of the market over the next five
years.
The report covers the present scenario and the growth
prospects of the blinds and shades market in the US for 2016-2020. To calculate
the market size, the report considers the revenue generated from the retail
sales of blinds and shades in the US.
The market is divided into the following segments based
on store format:
- Online retail stores
- Home furnishing
- Speciality stores
- Superstores, supermarkets and hypermarkets
According to the report, increased number of residential and
commercial building constructions will be a key driver for market growth.
Construction of commercial buildings is also anticipated to increase during the
forecast period. Spending on non-residential construction in the US will likely
increase by approximately 5% and reach $500 billion in 2019. As blinds and
shades are used as essential items in both residential and commercial
buildings, the growing construction activities will drive the market growth
over the next five years.
Further, the report states that risk of strangulation will
be one of the challenges against the growth of the market. Consumers prefer
purchasing products that are cost-effective. The discretionary purchase
behavior of consumers is posting a decline in the market as most US consumers
for blinds and shades are price-sensitive. This also reduces the brand loyalty
toward particular vendors as consumers tend to opt for value-for-money
products. Lack of product differentiation and easy availability of similar
products at varying price-points also tend to limit brand loyalty.
Blinds and Shades Market in the US 2016-2020, has
been prepared based on an in-depth market analysis with inputs from industry
experts. The report covers the market landscape and its growth prospects over
the coming years. The report also includes a discussion of the key vendors
operating in this market.
key players in the blinds and shades market in the US:
Hunter Douglas, Lotus & Windoware, Newell Rubbermaid, and Springs Window
Fashions.
Other Prominent Vendors in the market are: Comfortex Window
Fashions, Insolroll, Lafayette Interior Fashions, Mariak, MechoShade Systems,
Norman Window Fashions, Skandia Window Fashions, and The Shade Store.
Market driver
- Growing preference for customized and trendy window coverings
- For a full, detailed list, view our report
Market challenge
- Discontinuation of corded blinds by retailers
- For a full, detailed list, view our report
Market trend
- Rising demand for motorized and solar blinds and shades
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 58 pages and 25 Exhibit “Blinds
and Shades Market in the US 2016 - 2020” report covers Executive summary, Scope
of the report, Market research methodology, Introduction, Market landscape, Country
overview, Market segmentation by store format, Market segmentation by product,
Market drivers, Impact of drivers, Market challenges, Impact of drivers and
challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
For
more information Visit at: http://mrr.cm/JVu
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