- Increasing expenditure in households and growing awareness about indoor health and protection from UV rays are expected to boost the global blinds and shades market in the near future.
- Asia Pacific holds a prominent share of the global blinds and shades market, followed by Europe. Focus about overall safety and decoration, and awareness among consumers, hotels, and restaurants have propelled the demand for blinds and shades in these regions.
- The blinds and shades market in Asia Pacific is likely to expand at a notable growth rate during the forecast period, due to expansion of the hotel industry and strong product innovation among manufacturers of blinds and shades in the region.
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Blinds and Shades Market: Driving Factors
- Blinds and shades are primarily preferred by the residential and commercial sectors for protection from sunrays, wind, dust, etc.
- A major factor driving the blinds and shades market is the rise in the number of hotels, restaurants, and cafes.
- Additionally, standards enacted by governments and various associations regarding cleanliness and hygiene are key factors boosting the attractiveness of blinds and shades among consumers.
- Modern blinds and shades contain upgraded technology and sensors, which offer several features that make the house and office a more convenient place to be in. Expansion of the blinds and shades market in developing economies due to rising income and changing consumer preference toward e-Commerce are driving the business expansion of blinds and shades manufacturers, which, in turn, is boosting the blinds and shades market.
