External Blinds Market Growth Drivers and Forecast by 2031

The external blinds market size is projected to reach US$ 29.23 billion by 2031 from US$ 17.56 billion in 2023. The growing demand for smart home automation related gadgets and energy efficient security at home coupled with rapid urbanization and an increase in disposable income among consumers are the prominent factors attributed to the demand of external blinds which is driving the market growth over the coming years.

External Blinds Market Analysis

The major stakeholders in the global external blinds market ecosystem includes external blinds providers and end users. The rising demand for energy efficiency and space maximization, favorable government policies for promoting the green building initiative and growing awareness among consumers for enhancing the energy efficient houses these factors have accelerated the external blinds manufacturers to enter into the market. Some of the major providers/developers are WAREMA Renkhoff, Evaya, Mac Blinds, Tropic'l Blinds Pty Ltd, Serge Ferrari S.A.S., ROMA KG, PHOENIX INTERIOR DESIGN, Skyshade, ROLTEK d.o.o., Blinds by Ad., Vista and among others small players. These external blind providers/developers are always focused for bringing developments in the external blinds solution with add-on features. For instance, in January 2020, SolarGaps, an Ukrainian-based start-up introduced the smart solar blinds, which provides the most economical and efficient solution to install rooftop solar panels. Thus, such added features augment the usage of external blinds which further drives the market growth over the forecast period.

The major end users of the external blinds market include residential and commercial. The residential users include residential buildings, balconies, individual houses, rooming houses, and apartments. The commercial users include hotels, restaurants, hospitals, cafeterias, and office buildings. The growing awareness for energy efficient homes, and rapid urbanization and increase in disposable income of consumers are the key factors propelling the demand for external blinds. Thus, such usage of external blinds in vertical of applications is further fueling the market growth.

External Blinds Market Overview

The external blind is a type of window covering designed to be fitted on the outside of the building to prevent heat from making direct contact with the window. It is designed to keep the heat outside and maintain the cool air within the building. It allows the breeze to pass in whilst blocking harmful sun rays. The external blinds are mostly suitable for deploying in external applications in residential and commercial buildings. 

External Blinds Market: Strategic Insights

External Blinds Market Drivers and Opportunities

Rising Demand for Energy Efficiency and Space Utilization

The rising demand for energy efficiency and space maximization is anticipated to drive the external blinds market in the projected period. With the growing trend to control the temperature of the room, external blinds are used in many residential and commercial buildings, which further eliminates the use of air conditioners or room heaters. The key players engaged in manufacturing the external blinds are augmenting their production capacity to fulfill the growing demand from consumers.  

The Initiatives from The Government to Reduce the Environmental Impact

The initiatives from the government to reduce the environmental impact are also contributing to the demand for the external blinds market. For instance, in May 2022, the Secretary of the Interior, Deb Haaland, announced funding of US$61.1 million in 26 cities across the US to create new parks and trails, or substantial renovations to existing parks, through the Outdoor Recreation Legacy Partnership (ORLP) program. The initiative was with an aim for well-being and prosperity of every family and every community to enjoy the green spaces. Thus, such supportive government initiatives coupled with a rise in demand for external blinds are propelling the market growth over the coming years.

External Blinds Market Report Segmentation Analysis

Key segments that contributed to the derivation of the external blinds market analysis are product type, operating system, and end-use.

• Based on the product type, the market is divided into venetian blinds, roller blinds, vertical blinds panel blinds, others. The low voltage (less than 5KV) segment held a larger market share in 2023.
• Based on operating system, the global external blinds market is divided into below manual and automated. The automated segment held a larger market share in 2023.
• Depending on the end-use, the global market is divided into residential and commercial. The residential segment held a larger market share in 2023.

External Blinds Market Share Analysis by Geography

The scope of the external blinds market report encompasses North America (the US, Canada, and Mexico), Europe (Spain, the UK, Germany, France, Italy, and the Rest of Europe), Asia Pacific (South Korea, China, India, Japan, Australia, and the Rest of Asia Pacific), the Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America). In terms of revenue, APAC dominated the external blinds market share in 2023. North America is the second-largest contributor to the global external blinds market, followed by Europe.

The regional trends and factors influencing the External Blinds Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses External Blinds Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

External Blinds Market Report Scope

External Blinds Market Players Density: Understanding Its Impact on Business Dynamics

The External Blinds Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

External Blinds Market News and Recent Developments

The External Blinds Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for innovations, business expansion, and strategies:

• In March 2024, ROLL-A-SHADE launched new solar zipshad. The Solar ZipShade is an innovative exterior shade system that utilizes solar power to autonomously control the screen. It contains a solar cell on the front of the head box that provides energy for its operations. The absence of wiring for the motor makes installation simpler, as it eliminates the need for electrical work. This saves time and resources during setup. (Source: ROLL-A-SHADE, Press Release)

External Blinds Market Report Coverage and Deliverables

The “External Blinds Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering the following areas:

• External Blinds Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope.
• Market dynamics such as drivers, restraints, and key opportunities
• External Blinds Market Trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• External Blinds Market Analysis covering key market trends, Global and regional framework, major players, regulations, and recent market developments
• External Blinds Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments.
• Detailed company profiles