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Blinds and Shades Market in the US to Grow 3.77% by 2020 - Rising Demand for Motorized & Solar Blinds & Shades

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According to the report, increased number of residential and commercial building constructions will be a key driver for market growth.
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Blinds and Shades Market Share, Size, Emerging Trends and Growth,
Analysis, Overview and Forecasts 2016-2020
Technavio Announces the Publication of its Research Report – Blinds and Shades Market in the US 20162020
Technavio recognizes the following companies as the key players in the blinds and shades market in the
US: Hunter Douglas, Lotus & Windoware, Newell Rubbermaid, and Springs Window Fashions.
Other Prominent Vendors in the market are: Comfortex Window Fashions, Insolroll, Lafayette Interior
Fashions, Mariak, MechoShade Systems, Norman Window Fashions, Skandia Window Fashions, and The
Shade Store.
Commenting on the report, an analyst from Technavio’ s team said: “Increasing popularity of omnichannel and online retail is a major trend spurring market growth. Omni-channel retailing provides
customers with the option of multiple channels for shopping, and owing to its convenience, the channel
is fast becoming the norm for the majority of vendors. This channel offers consumers with an option to
order products online and get it delivered through brick-and-mortar stores on the same day at their
convenience. This integration of physical and digital retailing is a major factor for the growing demand of
such shopping experiences, especially for consumers who lead hectic lifestyles.”
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According to the report, increased number of residential and commercial building constructions will be a
key driver for market growth. Construction of commercial buildings is also anticipated to increase during
the forecast period. Spending on non-residential construction in the US will likely increase by
approximately 5% and reach $500 billion in 2019. As blinds and shades are used as essential items in
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both residential and commercial buildings, the growing construction activities will drive the market
growth over the next five years.
Further, the report states that risk of strangulation will be one of the challenges against the growth of
the market. Consumers prefer purchasing products that are cost-effective. The discretionary purchase
behavior of consumers is posting a decline in the market as most US consumers for blinds and shades
are price-sensitive. This also reduces the brand loyalty toward particular vendors as consumers tend to
opt for value-for-money products. Lack of product differentiation and easy availability of similar
products at varying price-points also tend to limit brand loyalty.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
About Blinds and Shades
Blinds and shades, which are the most commonly used window covering products in the US, are
available in different types, colors, and textures. Consumers' preferences for aesthetically appealing
window covering products play an important role in the growth of the blinds and shades market in the
country. The demand for customized products is also increasing, which will exert a positive impact on
the growth of the market over the next five years.
Technavio’ s analysts forecast the blinds and shades market in the US to grow at a CAGR of 3.77% during
the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the blinds and shades market in the
US for 2016-2020. To calculate the market size, the report considers the revenue generated from the
retail sales of blinds and shades in the US.
The market is divided into the following segments based on store format:
• Online retail stores
• Home furnishing
• Speciality stores
• Superstores, supermarkets and hypermarkets
Technavio's report, Blinds and Shades Market in the US 2016-2020, has been prepared based on an indepth market analysis with inputs from industry experts. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
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To Get Discount On The Report @ https://marketreportscenter.com/request-discount/344098
Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
[email protected]
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matthewjlarue
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