North America External Blinds Market Forecast to 2028

North America External Blinds Market Forecast to 2028

North America External Blinds Market Forecast to 2028 – Regional Analysis – by Product Type (Venetian Blinds, Roller Blinds, Vertical Blinds, Panel Blinds, and Others), Operating System (Manual and Automated), Material (Metal, Wood, Plastic, and Others), and End Use (Residential and Commercial)

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Description

The North America external blinds market is expected to grow from US$ 5,226.77 million in 2022 to US$ 8,058.72 million by 2028. It is estimated to grow at a CAGR of 7.5% from 2022 to 2028.

Growing Residential and Commercial Construction Activities Fuels North America External Blinds Market

Strong economic conditions and low housing loan interest rates propel the expansion of construction activities in North America. According to the Oxford Economics/Haver Analytics data of contribution to global construction growth 2020–2030, China, India, and the US are among the major contributors in residential construction activities. In 2021, residential construction activity is expected to be the fastest-growing sector globally at 7.1%, according to the Marsh LLC data. The residential sector accounted for 44% of total global construction in 2020, making it the largest subsector and a key driver of the global growth. Therefore, all these factors boost the construction of residential and commercial buildings. Thus, the rising construction activities propel the demand for external blinds, which drives the North America external blinds market growth.

North America External Blinds Market Overview

The US, Canada, and Mexico are the key economies in North America. The North America is a leading region in the external blinds market. The growth in construction spendings along with rise in demand for smart home automation related gadgets are the key factors driving the market growth over the forecast period. As per the Associated General Contractors of America, in 2021 residential construction spending increased by 23.2% from 2020, with gains of 32.8% for single-family spending and 15.6% for multifamily spending. The private non-residential construction spending increased 9.1% from December 2020. The supportive government policies such as First-Time Home Buyer Incentive is strengthening the constructional activities wherein the demand for external blinds is also increasing. As per the budget 2022 in Canada, the government had also introduced the Tax-Free First Home Savings Account and launched a New Housing Accelerator Fund worth US$ 4 billion in coming 4 years starting in 2022-23. The aim of the initiative is to create 100,000 net new housing units over five years. Thus, such growth prospects in construction industry are anticipated to drive the demand for external blinds in North American countries which augments the market growth.

North America External Blinds Market Revenue and Forecast to 2028 (US$ Million)

North America External Blinds Market Segmentation

The North America external blinds market is segmented into product type, operating system, material, and end-use, and country.

Based on product type, the North America external blinds market is segmented into venetian blinds, roller blinds, vertical blinds, panel blinds, and others. The vertical blinds segment accounted the largest share of the North America external blinds market in 2022.

By o n operating system, the North America external blinds market is bifurcated into manual and automated. The automated segment held a larger share of the North America external blinds market in 2022.

Based on material, the North America external blinds market is divided into metal, wood, plastic, and others. The metal segment held the largest share of the North America external blinds market in 2022.

By end use, the North America external blinds market is bifurcated into residential and commercial. In 2022, the commercial segment held a larger share of the North America external blinds market.

Based on country, the North America external blinds market is segmented int o the US, Canada, and Mexico. The US dominated the North America external blinds market in 2022.

Alulux GmbH, Hill Country Blinds, Hunter Douglas, Serge Ferrari, and Stobag AG are some of the leading companies operating in the North America external blinds market.

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At 7.5% CAGR, the North America External Blinds Market is speculated to be worth US$ 8,058.72 million by 2028 says the research team

According to the research team’ research, the North America external blinds market was valued at US$ 5,226.77 million in 2022 and is expected to reach US$ 8,058.72 million by 2028 registering a CAGR of 7.5% from 2022 to 2028. Growing residential and commercial construction activities and benefits of external blinds are the critical factors attributed to the North America external blinds market expansion.

External blinds provide multiple benefits to individual houses and commercial buildings. For examples, if the area of houses and commercial blocks is small, external blinds are used to maximize outdoor space by covering verandah and patio areas to make extra usable space. High-quality external blinds can protect users from the wind, rain, and harmful sunlight rays. By keeping out the harsh elements, the blinds protect furnishings from damage, fading, and general wear and tear. In addition, external blinds protect users from insects and other little creatures. The blinds maintain the homes’ warmth and keep them cooler by shielding and protecting homes and offices from the harsh sunlight. Therefore, with blinds down, it is estimated that the user can reduce energy bill by up to 50%. External blinds allow users to dry their washing out under their patio, balcony, or deck area; this is a great money saver by not using the dryer. Awnings help increase the privacy of users when they spend time on the verandah or patio. Whether users have a home, cafe, or office, can entertain friends, or provide for users’ customers all year round, it increases profitability in users’ business and happiness in users’ homes. External blinds are available in a wide range of colors and styles. Increasing the space and appearance of homes appeals to potential buyers. Therefore, numerous benefits of external blinds support the North America external blinds market growth.

On the contrary, problems associated with automated external blinds hampers the North America external blinds market .

Based on product type, the North America external blinds market is segmented into venetian blinds, roller blinds, vertical blinds, panel blinds, and others. The vertical blinds segment held 30.7% share of North America external blinds market in 2022, amassing US$ 1,602.90 million. It is projected to garner US$ 2,861.22 million by 2028 to expand at 10.1% CAGR during 2022–2028.

Based on operating system, the North America external blinds market is bifurcated into manual and automated. The automated segment held 64.2% share of North America external blinds market in 2022, amassing US$ 3,354.91 million. It is projected to garner US$ 5,370.68 million by 2028 to expand at 8.2% CAGR during 2022–2028.

Based on material, the North America external blinds market is divided into metal, wood, plastic, and others. The metal segment held 33.9% share of North America external blinds market in 2022, amassing US$ 1,771.67 million. It is projected to garner US$ 3,323.25 million by 2028 to expand at 11.1% CAGR during 2022–2028.

Based on end use, the North America external blinds market is bifurcated into residential and commercial. The commercial segment held 61.0% share of North America external blinds market in 2022, amassing US$ 3,187.87 million. It is projected to garner US$ 5,466.41 million by 2028 to expand at 9.4% CAGR during 2022–2028.

Based on country, the North America external blinds market is segmented into the US, Canada, and Mexico. Our regional analysis states that the US captured 78.0% share of North America external blinds market in 2022. It was assessed at US$ 4,076.88 million in 2022 and is likely to hit US$ 6,348.72 million by 2028 exhibiting a CAGR of 7.7% CAGR during 2022–2028.

Key players operating in the North America external blinds market are Alulux GmbH, Hill Country Blinds, Hunter Douglas, Serge Ferrari, and Stobag AG, among others.

In 2022, Hunter Douglas have acquired 74% of Droma-Sunshade Experts, polish assembler of made-to-measure exterior sunscreens, shutters, and a wing. In 2021, Serge Ferrari is offering their latest shade mesh from Serge Ferrari North America i.e., Soltis Veozip.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America external blinds market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in North America external blinds market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 The Research Team Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America External Blinds Market Landscape
4.1 Market Overview
4.2 North America –PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America External Blinds Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Residential and Commercial Construction Activities
5.1.2 Benefits of External Blinds
5.2 Market Restraints
5.2.1 Problems Associated with Automated External Blinds
5.3 Market Opportunities
5.3.1 Rising Global Urban Population
5.4 Future Trends
5.4.1 Bluetooth Enabled Technology in External Blinds
5.5 Impact analysis of Drivers and Restraints
6. External Blinds –North America Market Analysis
6.1 North America External Blinds Market Overview
6.2 North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
7. North America External Blinds Market Analysis – By Product Type
7.1 Overview
7.2 North America External Blinds Market, By Product Type (2021 and 2028)
7.3 Venetian Blinds
7.3.1 Overview
7.3.2 Venetian Blinds: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Roller Blinds
7.4.1 Roller Blinds: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Vertical Blinds
7.5.1 Vertical Blinds: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Panel Blinds
7.6.1 Panel Blinds: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Others: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
8. North America External Blinds Market Analysis – By Operating System
8.1 Overview
8.2 North America External Blinds Market, By Operating System (2021 and 2028)
8.3 Manual
8.3.1 Overview
8.3.2 Manual: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Automated
8.4.1 Automated: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
9. North America External Blinds Market Analysis – By Material
9.1 Overview
9.2 North America External Blinds Market, By Material Industry (2021 and 2028)
9.3 Metal
9.3.1 Overview
9.3.2 Metal: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Wood
9.4.1 Wood: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Plastic
9.5.1 Plastic: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Others: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
10. North America External Blinds Market Analysis – By End-Use
10.1 Overview
10.2 North America External Blinds Market, By End-Use (2021 and 2028)
10.3 Residential
10.3.1 Overview
10.3.2 Residential: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Commercial
10.4.1 Commercial: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
11. North America External Blinds Market – Country Analysis
11.1 Overview
11.1.1 North America External Blinds Market, by Key Country
11.1.1.1 US: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 US: North America External Blinds Market, By Product Type
11.1.1.1.2 US: North America External Blinds Market, By Operating System
11.1.1.1.3 US: North America External Blinds Market, By Material
11.1.1.1.4 US: North America External Blinds Market, By End-Use
11.1.1.2 Canada: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 Canada: North America External Blinds Market, By Product Type
11.1.1.2.2 Canada: North America External Blinds Market, By Operating System
11.1.1.2.3 Canada: North America External Blinds Market, By Material
11.1.1.2.4 Canada: North America External Blinds Market, By End-Use
11.1.1.3 Mexico: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 Mexico: North America External Blinds Market, By Product Type
11.1.1.3.2 Mexico: North America External Blinds Market, By Operating System
11.1.1.3.3 Mexico: North America External Blinds Market, By Material
11.1.1.3.4 Mexico: North America External Blinds Market, By End-Use
12. Industry Landscape
12.1 Overview
12.2 Merger and Acquisition
12.3 New Development
13. Company Profiles
13.1 Alulux GmbH
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Hill Country Blinds
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Hunter Douglas
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Serge Ferrari
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Stobag AG
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
14. Appendix
14.1 About Research Team
14.2 Word Index

LIST OF TABLES

Table 1. North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. US: North America External Blinds Market, By Product Type –Revenue and Forecast to 2028 (US$ Million)
Table 3. US: North America External Blinds Market, By Operating System –Revenue and Forecast to 2028 (US$ Million)
Table 4. US: North America External Blinds Market, By Material –Revenue and Forecast to 2028 (US$ Million)
Table 5. US: North America External Blinds Market, By End-Use –Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: North America External Blinds Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: North America External Blinds Market, By Operating System – Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: North America External Blinds Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada: North America External Blinds Market, By End-Use – Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: North America External Blinds Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: North America External Blinds Market, By Operating System – Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico: North America External Blinds Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico: North America External Blinds Market, By End-Use – Revenue and Forecast to 2028 (US$ Million)
Table 14. List of Abbreviation

LIST OF FIGURES

Figure 1. North America External Blinds Market Segmentation
Figure 2. North America External Blinds Market Segmentation – By Country
Figure 3. North America External Blinds Market Overview
Figure 4. North America External Blinds Market – Product Type Analysis
Figure 5. North America External Blinds Market – Country Analysis
Figure 6. North America – PEST Analysis
Figure 7. External Blinds Market– Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. North America External Blinds Market: Impact Analysis of Drivers and Restraints
Figure 10. North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. North America External Blinds Market Revenue Share, by Product Type (2021 and 2028)
Figure 12. Venetian Blinds: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Roller Blinds: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Vertical Blinds: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Panel Blinds: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Others: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America External Blinds Market Revenue Share, by Operating System (2021 and 2028)
Figure 18. Manual: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Automated: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America External Blinds Market Revenue Share, by Material (2021 and 2028)
Figure 21. Metal: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Wood: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Plastic: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Others: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. North America External Blinds Market Revenue Share, by End-Use (2021 and 2028)
Figure 26. Residential: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Commercial: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. North America External Blinds Market, by Key Country– Revenue (2021) (US$ Million)
Figure 29. North America External Blinds Market Revenue Share, by Key Country (2021 and 2028)
Figure 30. US: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Canada: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Mexico: North America External Blinds Market – Revenue and Forecast to 2028 (US$ Million)

The List of Companies – North America External Blinds Market

o Alulux GmbH
o Hill Country Blinds
o Hunter Douglas
o Serge Ferrari
o Stobag AG

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