Blinds And Shades Market In US to Accelerate at a CAGR of about 1% during 2020-2024 | Technavio

LONDON--(BUSINESS WIRE)--Technavio has been monitoring the blinds and shades market in the US and it is poised to grow by USD 36.40 million during 2020-2024, progressing at a CAGR of about 1% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the blinds and shades market in the US. The market growth in 2020 is likely to decrease compared to market growth in 2019.

Frequently Asked Questions:

• Based on segmentation by the product, which is the leading segment in the market?
  The blinds segment led the market in 2019.
• What are the major trends in the market?
  Increasing customer spending on home interior designing and household furnishing are the major trends in the market.
• At what rate is the market projected to grow?
  The market is projected to grow at a CAGR of about 1% during 2020-2024.
• Who are the top players in the market?
  Crown Shade Co., Hunter Douglas NV, Innovative Openings Inc., Lafayette Venetian Blind Inc., Legrand SA, Lotus & Windoware Inc., Norman Window Fashions, QMOTION Inc., Springs Window Fashions LLC, and Timberblinds LLC. are the top players in the market.
• What are the key market drivers and challenges?
  The market is driven by the growing construction industry. However, the volatility in raw material prices might challenge growth.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Crown Shade Co., Hunter Douglas NV, Innovative Openings Inc., Lafayette Venetian Blind Inc., Legrand SA, Lotus & Windoware Inc., Norman Window Fashions, QMOTION Inc., Springs Window Fashions LLC, and Timberblinds LLC are some of the major market participants. Although the growing construction industry in the US will offer immense growth opportunities, volatility in raw material prices is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this blinds and shades market in the US forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Blinds and Shades Market in US 2020-2024: Segmentation

Blinds and Shades Market in the US is segmented as below:

• Product
  • Blinds
  • Shades
• Distribution channel
  • Offline
  • Online

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44978

Blinds and Shades Market in US 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The blinds and shades market in US report covers the following areas:

• Blinds and Shades Market in US Size
• Blinds and Shades Market in US Trends
• Blinds and Shades Market in US Industry Analysis

This study identifies increasing customer spending on home interior designing and household furnishing as one of the prime reasons driving the blinds and shades market in the US growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Blinds and Shades Market in US 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist blinds and shades market in the US growth during the next five years
• Estimation of the blinds and shades market in the US size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the blinds and shades market in the US
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of blinds and shades market in the US vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• The threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Blinds - Market size and forecast 2019-2024
• Shades - Market size and forecast 2019-2024
• Market opportunity by Product

Market Segmentation by Distribution channel

• Market segments
• Comparison by Distribution channel
• Offline - Market size and forecast 2019-2024
• Online - Market size and forecast 2019-2024
• Market opportunity by Distribution channel

Customer landscape

• Customer landscape
• Market drivers – Demand led growth
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption
• Competitive scenario

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Crown Shade Co.
• Hunter Douglas NV
• Innovative Openings Inc.
• Lafayette Venetian Blind Inc.
• Legrand SA
• Lotus & Windoware Inc.
• Norman Window Fashions
• QMOTION Inc.
• Springs Window Fashions LLC
• Timberblinds LLC

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations 

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