LAMEA Window Covering Market Size, Share & Industry Trends Analysis Report By Technology (Manual and Automatic), By Installation, By Distribution Channel, By Application, By Type, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Window Covering Market would witness market growth of 10.2% CAGR during the forecast period (2022-2028).
Vertical blinds are most commonly used on larger windows, taller windows, and sliding doors. Vertical blinds are often constructed of vinyl and are low-maintenance. Vertical blinds that are closed provide excellent privacy. They work with a sliding track mechanism that moves the blinds to one side. Vanes that tilt open are possible.
Structure and tenderness are combined in sheer colors. Horizontal fabric vanes float between two layers of sheer fabric in these pieces. During the day, sheer shades provide ample seclusion. However, interior lighting can make them transparent at night. To augment, add a second layer of drapery. Sheer shades are the only ones that have a built-in continuous cable loop for controlling and tilting the slats. The space is suffused with a warm diffused glow when the slats are open. When the vanes are closed, they can either filter light or darken the room.
Window coverings are essential in UAE buildings because of the strong heat in the region. In October 2021, the UAE cabinet agreed on a budget of US$79 billion for the years 2022-2026. It also adopted a general budget of US$16 billion for 2022, with an emphasis on infrastructure, social care, health, and educational services. A total of $267 million has been set aside for government projects, with $204.6 million set up for energy and infrastructure initiatives.
Furthermore, government efforts such as the Sheikh Zayed Housing Programme and the Dubai Tourism Strategy will help the industry's forecast-period growth. The government reported in October 2021 that the Sheikh Zayed Housing Programme is now building over 11,000 new residential units around the country. The government's proposal to invest US$17.7 billion in the Emirati housing program in Dubai over the next 20 years will enhance the residential sector's output in the long run. The residential project would lead to an increase in the demand for window coverings in the region.
The Brazil market dominated the LAMEA Window Covering Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,072 million by 2028. The Argentina market is poised to grow at a CAGR of 10.7% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 9.9% during (2022 - 2028).
Based on Technology, the market is segmented into Manual and Automatic. Based on Installation, the market is segmented into Retrofit and New Construction. Based on Distribution Channel, the market is segmented into Offline and Online. Based on Application, the market is segmented into Residential and Commercial. Based on Type, the market is segmented into Blinds & Shades, Curtains, Shutters, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Window Covering Market is Predict to reach $46.8 Billion by 2028, at a CAGR of 6.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hunter Douglas N.V., The Bombay Dyeing & Manufacturing Company Ltd., Welspun India Limited, Skandia Window Fashions, MechoShade Systems, LLC, Innovative Openings, Inc., Lotus & Windoware, Inc., Lafayette Venetian Blind, Inc., and Newell Brands, Inc.
Scope of the Study
Market Segments Covered in the Report:
- New Construction
By Distribution Channel
- Blinds & Shades
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Hunter Douglas N.V.
- The Bombay Dyeing & Manufacturing Company Ltd.
- Welspun India Limited
- Skandia Window Fashions
- MechoShade Systems, LLC
- Innovative Openings, Inc.
- Lotus & Windoware, Inc.
- Lafayette Venetian Blind, Inc.
- Newell Brands, Inc.
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