Market Research Reports, Inc.

Blinds and Shades Market in the US to Grow at a CAGR of 3.77% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Blinds and Shades Market in the US 2016 - 2020” research report to their website www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 08/10/2016 -- Report forecast the blinds and shades market in the US to grow at a CAGR of 3.77% during the period 2016-2020.

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.

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

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 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.

Blinds and Shades Market in the US 2016-2020, has been prepared based on an in-depth 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.

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.

Market driver
- Growing preference for customized and trendy window coverings
- For a full, detailed list, view our report

Market challenge
- Discontinuation of corded blinds by retailers
- For a full, detailed list, view our report

Market trend
- Rising demand for motorized and solar blinds and shades
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 58 pages and 25 Exhibit "Blinds and Shades Market in the US 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Country overview, Market segmentation by store format, Market segmentation by product, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/blinds-and-shades-market-us-2016-2020

Related Reports;

Global Geysers Market 2016-2020 - Visit at - http://www.marketresearchreports.com/technavio/global-geysers-market-2016-2020

Global Hair Shampoo Market 2016-2020 - Visit at - http://www.marketresearchreports.com/technavio/global-hair-shampoo-market-2016-2020

Global Tennis Apparel Market 2016-2020 - Visit at - http://www.marketresearchreports.com/technavio/global-tennis-apparel-market-2016-2020

About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

Yearly/Quarterly Report Subscription: http://www.marketresearchreports.com/subscriptions