(EMAILWIRE.COM, December 11, 2018 ) Historically, the global mattresses, blinds and shades manufacturing market, one of the segments of the furniture manufacturing industry, grew at a compound annual growth rate (CAGR) of almost 9%.
The global mattresses, blinds and shades manufacturing market size is expected to reach around $190 billion by 2021, growing at a CAGR of slightly above 10%. The growth in the forecast period is mainly attributed to rising disposable incomes, growing consumer needs and increasing demand in end user industries such as furniture and interior design industries.
Find TBRCs report on the mattresses, blinds and shades manufacturing market: http://www.thebusinessresearchcompany.com/report/mattresses-blinds-and-shades-manufacturing-market-global-briefing-2018
The demand for motorized blinds and shades products is mainly driven by increasing consumer interest in convenience, privacy/security, glare control, and UV protection for furniture and carpeting. Motorized blinds and shades can be controlled using a wireless remote, and is available in various forms such as solar shades, blackout shades and skylight shades. They are being used for energy management during summer as it prevents the room from getting heated, and it is used to capture natural solar heat during winter. Some of the major manufacturers of motorized blinds and shades are Lutron, Mecho, Hunter Douglas, BTX and Somfy.
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