At 7.5% CAGR, the North America External Blinds Market is projected to be worth US$ 8,058.72 million by 2028 says Business Market Insights

According to Business Market Insights 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.

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