Europe External Blinds Market: Industry Analysis and Forecast (2023-2029)
Europe External Blinds Market is expected to grow at a CAGR of 3.4% during the forecast period. Europe External Blinds Market is expected to reach US$ 2.99 Bn. in 2029 from US$ 2.37 Bn. in 2022.
Format : PDF | Report ID : SMR_740
Europe External Blinds Market Overview:
The Europe External Blinds Market was valued at USD 2.22 billion in 2021, and is predicted to grow at a CAGR of 3.4 percent to USD 2.71 billion by 2027. The Europe External Blinds Market is studied by segments like Type (Roller Blinds, Vertical Blinds, Roman Blinds, Panel Blinds, Corded Blinds, Venetian Blinds, Honeycomb, Pleated Shades, Zip Screens/Blinds, Roller Gates/Shutters, Others); Operation (Manual, Automatic); Material (Natural, Synthetic); End-User (Residential, Commercial); and Region (North America, Europe, Asia-Pacific, and Rest of the World). The report consists of the Trend, Forecast, Competitive Analysis, and Growth Opportunities of the market.
For the forecast period of 2022 to 2027, the report provides a complete analysis that reflects today's Europe External Blinds Market realities and future market prospects. To provide a comprehensive perspective of the market, the research segments and analyses it in great detail. The key data and observations offered in the study can help market participants and investors identify low-hanging fruit in the market and build growth strategies.
COVID-19 Impact on Europe External Blinds Market:
The Europe External Blinds Market dropped significantly during the COVID-19 pandemic, owing to lockdowns and slow progress in the construction industry, particularly in the real-estate sector. During the peak of the pandemic, metropolitan areas became the epicenter of cases, reporting 90% of active cases, causing authorities to impose strict lockdowns that hampered home development projects. The sluggish performance eventually diminished, notably since Q2 2021, encouraging estimates to improve. However, the pandemic's long-term effects are expected to remain as businesses continue to enforce remote working policies, resulting in the execution of a small number of construction projects.
During the pandemic, home renovations became more popular, although market sellers reported a drop in customized external blinds sales. This was also because of the ban on house visits. In addition, a sizable DIY industry arose as a means of facilitating "cheap home décor renovations." Trade shows were also cancelled or postponed.
Europe External Blinds Market Dynamics:
The external blinds market in Europe is driven by increased demand for space maximization and energy efficiency in Europe. External blinds are used in many commercial and residential buildings to manage the temperature of the room, eliminating the need for an air conditioner or room heater. External blinds can save energy by cutting electric bills dramatically. Manufacturers in Europe's exterior blinds market are growing manufacturing capacity in order to meet increased consumer demand. External blinds are a big seller in Germany.
Government efforts to limit ecological impact are also helping in the rapid growth of the external blinds market in Europe. Consumer understanding of all product information and quality in order to maintain transparency across the whole value chain is one element driving market growth.
Increased sales of external blinds in Europe, such as vertical blinds, roller blinds, corded blinds, panel blinds, & pleated shades, are providing value-grab chances for product manufacturers in order to compete with industry leaders. External blinds sales are boosted by factors like growing offline channels, a booming eCommerce industry, and fast expanding internet channels, which, in turn, help the Europe external blinds market.
Consumers are more likely to buy products through online channels as a result of digitalization and secure online payment options and as a result, external blinds sales are projected to increase in the coming years. The market's exponential growth is aided by the considerable presence of blinds manufacturers in Germany, France, as well as the Netherlands.
Players in the market are focusing on new ways to design and produce products that are both comfortable and safe for consumers. Market development is being driven by rising investments in the automated external blinds segment. External blinds allow homeowners to make the most of their outdoor spaces by maximizing space management.
The designs and styles of the major manufacturers are being copied by certain regional companies in the Europe External Blinds Market. These types of operations are posing a threat to the European External Blinds Market's growth. However, major manufacturers may overcome this difficulty and benefit on new opportunities in the Europe External Blinds Market by improving client awareness through campaigns and advertisements.
Europe External Blinds Market Segment Analysis:
Based on type, the Europe External Blinds Market is classified into Roller Blinds, Vertical Blinds, Roman Blinds, Panel Blinds, Corded Blinds, Venetian Blinds, Honeycomb, Pleated Shades, Zip Screens/Blinds, Roller Gates/Shutters, Others. Roman blinds dominated the global market in 2021 due to their decorative appeal along with protection from external heat and dust. Other types of blinds like are also preferred according to the customers' convenience and budget. Due to the increased popularity of energy-efficient products, the external blinds industry is expected to influence by cellular blinds and honeycomb blinds made from several natural materials to form a honeycomb-like shape in the coming years.
Venetian blinds are also becoming increasingly popular among customers, and are likely to account for a significant share in the Europe External Blinds Market over the forecast period. Venetian blinds are also less expensive than other blinds, which is why they are preferred by a large group of low-income families around the world. By 2031, demand for roller blinds is expected to expand at a CAGR of 3.4 percent, with over 30 million units sold.
Based on Operation, the Europe External Blinds Market is classified into Manual, Automatic. The manual segment dominated the market in 2021, as the adjustment and position can be controlled by hand and thus the blind height can be simply lowered or raised without going through a complicated process. Meanwhile automated system is gaining its momentum as the income levels of the population increases with a better understanding of technology too.
Based on Material, the Europe External Blinds Market is classified into Natural, Synthetic. The natural segment which can include wood, cotton fabric etc. dominates this segment due to their and heat protectant properties. Furthermore, due to increased consumer demand for healthier products and growing worries about hazardous chemicals, synthetic fabrics and their sensitivities, the European market is seeing an increase in demand for organic & eco-friendly fabrics.
Based on End-User, the Europe External Blinds Market is classified into Residential, Commercial. The residential segment has a major share in this market segment in 2021, owing to an annual growth in residential buildings and remodeling, which necessitated safety, privacy, and ambiance. As the offline workplaces open up, the commercial segment is also estimated to grow at a decent rate in the Europe External Blinds Market.
Europe External Blinds Market Regional Insights:
Europe is the second largest dominant market for external blinds. The increased popularity of natural/environmentally friendly goods is driving the expansion of the European Europe External Blinds Market. The United Kingdom, Germany, and France are the top importers of external blinds especially of eco-friendly or natural material in Europe. Companies benefit from producing customized and unique "Made in Germany" external blinds and shades, as Germany is one of the larger European markets, and the attitude of relaxed living is gaining traction among Germans. External blinds are primarily sold in Europe's middle & lower market sectors.
To understand the External Blinds industry and study the market trends. Focusing on the Food External Blinds, knowing the drivers and challenges of the same. Understanding the market segment geographically to gauge the growth potential.
The report includes analytical models like the Porter’s Five Forces, which helps in understanding the operating environment of the competition in the Europe External Blinds Market and thereby study the stakeholders to derive an efficient strategy; and PESTLE Analysis to gain a macro perspective of the External Blinds Industry in terms of political aspects like Government stability, policies, trade regulation and economic aspects like market trends, taxes and inflation. It also provides the effect of environmental factors and influence of social and legal aspects on the Europe External Blinds Market.
Europe External Blinds Market Scope:
Europe External Blinds Market Scope
Market Size in 2022
USD 2.37 Bn.
Market Size in 2029
USD 2.99 Bn.
by End User
North America- United States, Canada, and Mexico
Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe
Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC
Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa
South America – Brazil, Argentina, Rest of South America
Europe External Blinds Market Key Players:
Griesser AG (Switzerland)
- Hunter Douglas NV (Netherlands)
- Legrand (France)
- Qmotion Shades (UK)
- Schenker Storen AG (Switzerland)
Frequently Asked Questions
The segments of End-User, Operation, Material, Type and Region are covered in the Europe External Blinds Market report.
Germany is expected to hold the highest share in the Europe External Blinds Market.
The market size of the Europe External Blinds Market is expected to reach 2.99 Bn by 2029.
The forecast period for the Europe External Blinds Market is 2023-2029.
The market size of the Europe External Blinds Market in 2022 was 2.37 Bn.
- Scope of the Report
- Research Methodology
- Research Process
- Europe External Blinds Market: Target Audience
- Europe External Blinds Market: Primary Research (As per Client Requirement)
- Europe External Blinds Market: Secondary Research
- Executive Summary
- Competitive Landscape
- Market Share Analysis by Country in 2022 (%)
- Stellar Competition matrix
- Key Players Benchmarking: by Product, Pricing, Investments, Expansion Plans, Physical Presence, and Presence in the Market.
- Mergers and Acquisitions in Industry: M&A by Region, Value, and Strategic Intent
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- PESTLE Analysis
- PORTERS Five Force Analysis
- Value Chain Analysis
- Market Share Analysis by Country in 2022 (%)
- Europe External Blinds Market Segmentation
- Europe External Blinds Market, by Type (2022-2029)
- Roller Blinds
- Vertical Blinds
- Roman Blinds
- Panel Blinds
- Corded Blinds
- Venetian Blinds
- Pleated Shades
- Zip Screens/Blinds
- Roller Gates/Shutters
- Europe External Blinds Market, by End-User (2022-2029)
- Europe External Blinds Market, by Material (2022-2029)
- Europe External Blinds Market, by Operation (2022-2029)
- Europe External Blinds Market, by Country (2022-2029)
- Rest Of Europe
- Europe External Blinds Market, by Type (2022-2029)
- Company Profiles
- Key Findings