About Window Shutters
A window shutter is a solid & stable window covering that contains a frame of vertical stiles & horizontal rails at top, centre & bottom. The frame contain solid panels, fabric, louvers (operable or fixed, horizontal or vertical), and nearly any other item that can be attached within a frame. Shutters are used for controlling the amount of sunlight that enters a room, to offer privacy, security, to guard against weather or unwanted intrusion or harm and to improve the aesthetics of a building. Based on the application, & the construction of the window frame, these shutters can be fixed to fit within the opening or to overlap the opening. The window shutter comprises both interior shutters, used on the inside of a house or building, as well as exterior shutters, used on the outside of a structure.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia-Pacific |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that Japanese, Canadian, and United States Vendors will contribute the maximum growth to Global Window Shutters market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Hunter Douglas N.V. (The Netherlands), Griesser AG (France), Eclipse Shutters (Untied States), California Shutters, Inc. (United States), Royal Building Products A Westlake Company (Canada), Lafayette Venetian Blind, Inc. (United States), Springs Window Fashions LLC (United States), JASNO (United States), Tachikawa Corporation (Japan) and Alulux GmbH (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Bunka Shutter Co., Ltd. (Japan), Vishwas Automation Pvt. Ltd. (India) and Sanwa Holdings Corporation (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Window Shutters market by Type (Interior Window Shutters and Outdoor Window Shutters), Application (Residential Buildings and Commercial Buildings) and Region.
On the basis of geography, the market of Window Shutters has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Europe region held largest market share in the year 2022. If we see Market by Material Type, the sub-segment i.e. Wood will boost the Window Shutters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Operating System, the sub-segment i.e. Manual will boost the Window Shutters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mechanism , the sub-segment i.e. Sliding Shutters will boost the Window Shutters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Need for safety, security, and convenience, Growth of the Construction Industry and Changing Interior Décor Preferences of Customers
Challenges:
Fluctuating Raw Material Prices
Restraints:
High Installation Costs of Eco-Friendly window shutters
Opportunities:
High Demand for Replacement windows shutters from the Renovations Sector, Growing Spending on Customization of Doors and Rapid Urbanization in Emerging Economies
Market Leaders and their expansionary development strategies
In June 2023, Springs Window Fashions a leading global provider of custom window coverings, has acquired Sunburst Shutters & Window Fashions. Acquisition will be able to leverage Springs' extensive range of existing products and technologies to accelerate our combined growth plans."
In March 2023, VELUX Group launches new roof window blinds with a 50% lower carbon footprint. Called Nature Collection, the blinds are primarily made from recycled materials, which significantly reduces their embodied carbon footprint compared to standard VELUX blinds.
Key Target Audience
Window Shutter Manufacturers, Raw Materials Suppliers, Government and Research Organizations, End Users, Industry Associations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.