Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Hand Shutters Market by Type (Hardwood Shutters, Vinyl Shutters, Metal Shutters), By Application (Household, Commercial) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Hand Shutters Market by Type (Hardwood Shutters, Vinyl Shutters, Metal Shutters), By Application (Household, Commercial) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 155866 3300 Machinery & Equipment 377 232 Pages 4.7 (32)

Market Overview:

The global hand shutters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The increasing demand for hand shutters in the household and commercial applications is one of the major factors driving the growth of this market. Additionally, rising awareness about energy-efficient window coverings is also propelling the demand for hand shutters globally. The hardwood shutter segment is expected to hold a dominant position in the global hand shutters market during the forecast period, owing to its high durability and aesthetic appeal.

Global Hand Shutters Industry Outlook

Product Definition:

A hand shutter is a device used to control the amount of light passing through a lens. It is an adjustable iris diaphragm that can be opened or closed to regulate the amount of light admitted. They are usually found on older cameras and are rarely used today except in special circumstances.

Hardwood Shutters:

Hardwood shutters are used in window shutters and door frames to protect the interior of a building from direct sunlight, heat, and UV rays. The product is manufactured using different types of wood such as oak, maple, cedar among others. These products have high durability and can be installed on windows & doors with ease.

Vinyl Shutters:

Vinyl shutters are a type of window covering, manufactured from flexible vinyl. They are available in various colors and shapes and can be installed in both new construction as well as renovation projects. The product is considered to be one of the most cost-effective solutions for window coverings, which makes it suitable for use in residential applications too.

Application Insights:

The global demand for the product has witnessed a paradigm shift due to rising awareness among consumers regarding energy efficiency. The global rise in concern about climate change has driven the demand for solar-powered and windmills, which, in turn, will drive the growth of the market over the forecast period.

The commercial sector dominated the overall industry with a revenue share of more than 60% in 2017. This is attributed to growing investments from governments across various regions to enhance infrastructure and public buildings as well as promote tourism activities. These factors are expected to increase product demand over next seven years.

Regional Analysis:

Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to growing concerns regarding safety and security of investments and assets. Hardwood shutters are most popular in this region due to their aesthetic appeal, which has made them an integral part of residential architecture across Asia Pacific countries including India, China, Bangladesh and Sri Lanka.

The growth of the construction industry in developing economies such as India is also anticipated to fuel demand for metal shutters over the forecast period. Furthermore, government initiatives encouraging home ownership are likely to contribute significantly towards regional product demand during the forecast years from 2018 through 2030  timeframe.

North America accounted for a significant share of revenue generated by vinyl shutter globally in 2017 owing to high acceptance levels among consumers pertaining Vinyl Shutter Product Category Classification System (VSPCCS).

Growth Factors:

  • Increasing demand for hand shutters in the construction industry as a result of growing awareness about their benefits over traditional window coverings.
  • Rising popularity of hand shutters among homeowners due to their aesthetic appeal and ability to enhance the look of a home.
  • Growing demand from commercial establishments for hand shutters as they provide better insulation and security than traditional window coverings.
  • Technological advancements that have led to the development of new and innovative designs in hand shutters, increasing their appeal among consumers.
  • Government initiatives encouraging the use of energy-efficient home improvement products such as hand shutters, which is expected to drive market growth in the coming years

Scope Of The Report

Report Attributes

Report Details

Report Title

Hand Shutters Market Research Report

By Type

Hardwood Shutters, Vinyl Shutters, Metal Shutters

By Application

Household, Commercial

By Companies

Lucky Rolling Shutter, Soler Palau, TimberBlindMetroShade, Louvretec, Velux, Somfy, KRGS Doors, Ozroll, Austral Monsoon, Veka, Ripo-baltic, Schenker Storen, Arrow Security Shutters, Servis Climax

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Hand Shutters Market Report Segments:

The global Hand Shutters market is segmented on the basis of:


Hardwood Shutters, Vinyl Shutters, Metal Shutters

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Household, Commercial

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Lucky Rolling Shutter
  2. Soler Palau
  3. TimberBlindMetroShade
  4. Louvretec
  5. Velux
  6. Somfy
  7. KRGS Doors
  8. Ozroll
  9. Austral Monsoon
  10. Veka
  11. Ripo-baltic
  12. Schenker Storen
  13. Arrow Security Shutters
  14. Servis Climax

Global Hand Shutters Market Overview

Highlights of The Hand Shutters Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Hardwood Shutters
    2. Vinyl Shutters
    3. Metal Shutters
  1. By Application:

    1. Household
    2. Commercial
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Hand Shutters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
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  • Consumer Insights
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  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Hand Shutters Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Hand shutters are a type of window coverings that are typically made from wood, metal, or plastic. They are attached to the window with hinges and can be opened and closed with one hand.

Some of the key players operating in the hand shutters market are Lucky Rolling Shutter, Soler Palau, TimberBlindMetroShade, Louvretec, Velux, Somfy, KRGS Doors, Ozroll, Austral Monsoon, Veka, Ripo-baltic, Schenker Storen, Arrow Security Shutters, Servis Climax.

The hand shutters market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Hand Shutters Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Hand Shutters Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Hand Shutters Market - Supply Chain
   4.5. Global Hand Shutters Market Forecast
      4.5.1. Hand Shutters Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Hand Shutters Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Hand Shutters Market Absolute $ Opportunity

5. Global Hand Shutters Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Hand Shutters Market Size and Volume Forecast by Type
      5.3.1. Hardwood Shutters
      5.3.2. Vinyl Shutters
      5.3.3. Metal Shutters
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Hand Shutters Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Hand Shutters Market Size and Volume Forecast by Application
      6.3.1. Household
      6.3.2. Commercial
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Hand Shutters Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Hand Shutters Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Hand Shutters Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Hand Shutters Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Hand Shutters Demand Share Forecast, 2019-2026

9. North America Hand Shutters Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Hand Shutters Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Hand Shutters Market Size and Volume Forecast by Application
      9.4.1. Household
      9.4.2. Commercial
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Hand Shutters Market Size and Volume Forecast by Type
      9.7.1. Hardwood Shutters
      9.7.2. Vinyl Shutters
      9.7.3. Metal Shutters
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Hand Shutters Demand Share Forecast, 2019-2026

10. Latin America Hand Shutters Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Hand Shutters Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Hand Shutters Market Size and Volume Forecast by Application
      10.4.1. Household
      10.4.2. Commercial
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Hand Shutters Market Size and Volume Forecast by Type
      10.7.1. Hardwood Shutters
      10.7.2. Vinyl Shutters
      10.7.3. Metal Shutters
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Hand Shutters Demand Share Forecast, 2019-2026

11. Europe Hand Shutters Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Hand Shutters Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Hand Shutters Market Size and Volume Forecast by Application
      11.4.1. Household
      11.4.2. Commercial
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Hand Shutters Market Size and Volume Forecast by Type
      11.7.1. Hardwood Shutters
      11.7.2. Vinyl Shutters
      11.7.3. Metal Shutters
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Hand Shutters Demand Share, 2019-2026

12. Asia Pacific Hand Shutters Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Hand Shutters Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Hand Shutters Market Size and Volume Forecast by Application
      12.4.1. Household
      12.4.2. Commercial
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Hand Shutters Market Size and Volume Forecast by Type
      12.7.1. Hardwood Shutters
      12.7.2. Vinyl Shutters
      12.7.3. Metal Shutters
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Hand Shutters Demand Share, 2019-2026

13. Middle East & Africa Hand Shutters Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Hand Shutters Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Hand Shutters Market Size and Volume Forecast by Application
      13.4.1. Household
      13.4.2. Commercial
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Hand Shutters Market Size and Volume Forecast by Type
      13.7.1. Hardwood Shutters
      13.7.2. Vinyl Shutters
      13.7.3. Metal Shutters
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Hand Shutters Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Hand Shutters Market: Market Share Analysis
   14.2. Hand Shutters Distributors and Customers
   14.3. Hand Shutters Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Lucky Rolling Shutter Overview Financials Developments Strategic Outlook
      14.4.2. Soler Palau Overview Financials Developments Strategic Outlook
      14.4.3. TimberBlindMetroShade Overview Financials Developments Strategic Outlook
      14.4.4. Louvretec Overview Financials Developments Strategic Outlook
      14.4.5. Velux Overview Financials Developments Strategic Outlook
      14.4.6. Somfy Overview Financials Developments Strategic Outlook
      14.4.7. KRGS Doors Overview Financials Developments Strategic Outlook
      14.4.8. Ozroll Overview Financials Developments Strategic Outlook
      14.4.9. Austral Monsoon Overview Financials Developments Strategic Outlook
      14.4.10. Veka Overview Financials Developments Strategic Outlook
      14.4.11. Ripo-baltic Overview Financials Developments Strategic Outlook
      14.4.12. Schenker Storen Overview Financials Developments Strategic Outlook
      14.4.13. Arrow Security Shutters Overview Financials Developments Strategic Outlook
      14.4.14. Servis Climax Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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