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Roller Shades Market Segmented By product type such as Blackout roller shades, Light filtering roller shades, Sunscreen roller shades in Natural and Synthetic fabric
Increasing expenditure in house hold segment and increasing mass population awareness towards protection from UV rays in significantly increasing sales of blinds and shades products which in turn is boosting growth of the roller shades market. On other hand shift of customer purchasing pattern from economic product to attractive and decorative products is positively influencing growth of the roller shades market.
Furthermore, lifestyle improvement by middle income population in the developing countries such as India, China, Brazil and others is rapidly increasing adoption of the roller shades in the houses, which in turn is positively influencing growth of rollers market in terms of volume.
In present scenario, use of roller shades is increasing rapidly because of improvement in life standard of customers. Moreover, manufacturers are innovating roller shades with different features to increase its usability by different customer base as per their requirement.
On other hand increasing infrastructural spending pertaining to the interior and exterior decoration of buildings by hotels, restaurants, cafes and part halls is witnessing a significant growth of the roller shades market.
Drivers for Roller Shades Market
Global warming and increasing customer’s awareness towards health issues related to skin are primary factors driving growth of the roller shades market. Roller shades market is expected to witness a significant growth during the forecast period because of increasing availability of roller shades in the market.
Increasing number of restaurants, educational institutes, hotels and other commercial sectors is fueling growth of the roller shades market. Moreover, increasing disposable income, increasing population and others are some secondary factors positively influencing growth of the market.
Trends for roller shades market
Key players in the roller shades market has a key focus on increasing material quality of roller shades quality to enhance company’s revenue in terms of value. In addition, increasing inclination of customers towards specific shades use for specific purpose has inspired key plyers to launch variety of roller shades in the market for attracting customers from all domains.
This factors has helped key players to witness a significant growth in terms of volume. Key players in the roller shades market are focusing on offering roller shades which are made up of natural material. Furthermore, the trend of environment-friendly roller shades is expected to boost the growth of roller shades market in terms of value.
Opportunities for Roller Shades Market
Companies are increasing their manufacturing of roller shades made up of natural material instead of synthetic due to increasing demand of natural material based roller shades by end-user. Moreover, manufacturing of organic roller shades is expected to be new opportunity fulling sales of roller shades during the forecast period.
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Some of the key players operating in the global roller shades market are Springs Window Fashions, Solarfective Products Limited, Qmotion Shades Schenker Storen AG, Persianas Canet S.A, Nien Made Enterprise Co. Ltd., Mechoshade Systems LLC., Lutron Electronics Company, Legrand, Hunter Douglas NV Lafayette Venetian Blind Inc., Griesser AG, Ching Feng Home Fashions Co., Ltd., TOSO Company Limited, SWFcontract, and Blinds to Go, Levolor Inc. among others.
These players are expected to positively influence growth of the roller shades market during the forecast period.
East Asia and South Asia together are expected to hold the highest share in the global roller shades market due to high number of households in the region. Furthermore, Chinese manufacturers of blinds and shades are involved in manufacturing innovative products with economic prices to attract customer across the globe.
Key manufacturers in North America are principally engaged in roller shades automation to cater the surge for home automation by customers. In addition, new trend of home construction with inbuilt blind and shades is fueling growth of the roller shades market in North America.
Europe is expected to witness a moderate growth in the global roller shades market. However, increasing spending on premium products pertaining to the home decoration in Europe is positively influencing growth of the roller shades market in the region. Increasing awareness towards benefits of roller shades is witnessing significant growth of roller shades market in Latin America and Middle East & Africa.