South America External Blinds Market: Industry Analysis and Forecast (2024-2030)

South America External Blinds Market Overview:

The South America External Blinds Market was valued at USD 1.04 billion in 2023, and is predicted to grow at a CAGR of 3.6 percent to USD 1.34 billion by 2030.  The South America 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, South America, 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 2024 to 2030, the report provides a complete analysis that reflects today's South America 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.

 

 

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COVID-19 Impact on South America External Blinds Market:

The South America 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, 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.

 

South America External Blinds Market Dynamics:

Despite rising foreign trade tensions, policy uncertainty, and fiscal pressures weighing on South America's economy, the construction industry is expected to grow over the forecasted period. There is a progressed growth in several large countries in South America, such as Brazil and Colombia, as well as sustained strong growth in other areas, such as Chile and Peru.

 

Colombia has the second-highest number of hotel rooms under development in the region, followed by Chile and Peru. There were 702 hotel building pipelines in South America during the first quarter of 2021. There were 324 lodging facilities under construction at the time, with 203 more planned to begin construction in the next twelve months. Thus the growing number of houses, tourists and hotels are key drivers in boosting the growth of the external blinds market in South America.

 

Peru, Brazil, and Colombia, for example, are important textile-producing countries in Latin America. Peru is the largest textile exporter in South America, with distinctive native raw materials such as alpaca fiber & Tangüis cotton. Brazil, as a BRIC country, has huge growth potential in both natural and man-made fiber supply chains. Colombia is expected to see a lot of growth in the textile industry. Thus, this industry is a driving force as it can help provide the fabrics required for the manufacturing of external blinds.

 

When it comes to security and privacy in South America, both individuals and businesses are concerned. Blinds & shades are both safe and attractive when it comes to enhancing the environment. They are important in providing energy-efficient protection and security at homes, and with continued growth and advancements in the products and its insulation, which is most commonly required in harsh weathers, it is gaining a large consumer base for the external blinds market. Furthermore, manufacturers are emphasizing on product durability to safeguard the South American clients from adverse weather such as excessive heat, storms and humidity.

 

South America External Blinds Market Segment Analysis:

Based on type, the South America 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 2023 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 South America 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.

 

Based on Operation, the South America External Blinds Market is classified into Manual, Automatic. The manual segment dominated the market in 2023, 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 South America 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 South Americaan market is seeing an increase in demand for organic & eco-friendly fabrics.

 

Based on End-User, the South America External Blinds Market is classified into Residential, Commercial. The residential segment has a major share in this market segment in 2023, 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 South America External Blinds Market.

 

South America External Blinds Market Regional Insights:

The markets of South America, the Middle East, and Africa currently make up for a minor portion of the global external blinds market. In the regional market for external blinds and shades, Brazil is poised to emerge as a key player. The growing demand for natural materials in external blinds in Brazil is driving the industry. In Brazil, wood blinds are among the most popular external blinds. Over the forecast period, the increased demand for privacy and security among Brazilians is expected to contribute significantly towards the demand for external blinds in the country.

 

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 South America 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 South America External Blinds Market.

 

South America External Blinds Market Scope:

South America External Blinds Market Scope
Market Size in 2023	USD 1.01 Bn.
Market Size in 2030	USD 1.29 Bn.
CAGR (2024-2030)	3.6 Percent
Historic Data	2018-2022
Base Year	2023
Forecast Period	2024-2030
Segment Scope	by Type Roller Blinds Vertical Blinds Roman Blinds Panel Blinds Corded Blinds Venetian Blinds Honeycomb Pleated Shades Zip Screens/Blinds Roller Gates/Shutters Others
	by End User Residential Commercial
	by Operation Manual Automatic
	by Material Natural Synthetic
Country Scope	Brazil  Argentina  Rest of South America

 

South America External Blinds Market Key Players:

• Columbia Blinds and Shutters (Columbia)
• Fabilex (Peru)
• Budget Blinds (Columbia)
• Desert Cart (Paraguay)