Technavio recognizes the following companies as the key players in the Global Window Dressing Market: GRABER, Hunter Douglas, Kathy Ireland Home by Alta and Newell Rubbermaid
Other Prominent Vendors in the market are: BAUHAUS, Bunnings, Carrefour, Homebase, Home Depot, IKEA, Kingfisher, KOMERI, Leggett & Platt, Leroy Merlin, Lowe’s, Menard, OBI, RONA and Walmart
Commenting on the report, an analyst from Technavio’s team said: “Motorized window coverings are becoming more advanced. Window coverings can be adjusted remotely and the remote can also control indoor lighting and blind positioning according to pre-set moods set up in the automation app. They can be pre-programed to lower or raise at certain times of the day. They can also by synced with the thermostat, thus automatically changing the positions of the window coverings according to the temperature required inside the house, also saving energy bills. Some of the window coverings have batteries installed and have a battery life of 3-5 years. Some of the blinds can also be adjusted using the touchscreen on a mobile device.”
According to the report, the increased disposable income of households has contributed to the growth of the global economy. Higher disposable income corresponds to greater spending and, hence, permits the purchase of high-quality window dressing products. Increased consumer interest in home decoration has also led to the growth of the global window dressing market. Globalization has led foreign players to expand their businesses and is creating an explosion of product choices for consumers worldwide. Consumers are also opting for luxurious window dressing products. Hence, the increased household disposable income is a major driver that is contributing to the growth of the market.
Further, the report states that safety concerns are affecting the market growth.
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.