Rise in Disposable Income and Resurgent Construction Sector to Drive Demand for Blinds and Shades, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Blinds and Shades markets. Global market for Blinds and Shades is projected to cross US$15 billion by 2020, driven by recovering residential and commercial construction in developing countries, rising disposable income, and increased spending on home furnishings.

Blinds and Shades: A Global Strategic Business Report

Follow us on LinkedIn – Blinds and shades are used for home decoration, and are emerging as the most sought after alternatives to curtains and draperies. Easy to install, easy-to-maintain and less bulky in comparison to curtains, blinds and shades add style to the place where they are installed, and enhance the overall ambiance of the place. Key factors driving the adoption of blinds and shades include cost benefits, and development of advanced designs that enable easy installation and provide relative ease in maintenance. Blinds and shades also represent an eco-friendly option for window and door covering. Manufacturers’ ability to maintain superior quality of products plays a vital role in sustaining growth in the market. Given its easy cleaning and hypoallergenic characteristics, blinds and shades are finding increased acceptance in commercial sector as well as in institutional buildings such as educational institutes, healthcare facilities, and religious establishments.

Apart from their durability, aesthetic appeal and easy maintenance, constant innovations and advancements in production and design processes bode well for market growth. Recovering economic environment and resurgent activity in residential and commercial construction sectors are expected to encourage sales. Revival of the new residential construction from the lows seen in the past few years is expected to infuse new demand for various types of blinds and shades. A modest recovery in the construction industry in the United States, and Europe coupled with steady gains in construction spending in developing countries especially BRICs, is currently benefiting demand.

As stated by the new market research report on Blinds and Shades, Europe represents the largest market worldwide. Asia-Pacific is forecast to emerge as the fastest growing market with a CAGR of 5.3% over the analysis period. Growth in the region is led by population growth, increased urbanization, robust industrialization, infrastructure development and GDP growth, and expanding base of affluent middle class population. Increased manufacturing activity due to ready low cost feedstock and easy access to cheap labor is particularly benefiting the market in China and India. For over two decades, manufacturing plants have massively shifted from developed countries like Japan, the US and Western Europe to Asia-Pacific. On the production front, the region has emerged as a significant provider of customized blinds and shades, with several low-cost producers entering the fray, especially in China.

Key players covered in the report include Hunter Douglas N.V., Luxaflex, Lotus & Windoware Inc., Newell Rubbermaid Inc., Nien Made Enterprise Co. Ltd., and Springs Window Fashions LLC, among others.

The research report titled “Blinds and Shades: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of major companies worldwide. The report provides market estimates and projections for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Rest of World.

For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Blinds_and_Shades_Market_Report.asp.

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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Raghu Gopal
Global Industry Analysts Inc
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