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.
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
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
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:
Types
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.
Applications
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:
- Lucky Rolling Shutter
- Soler Palau
- TimberBlindMetroShade
- Louvretec
- Velux
- Somfy
- KRGS Doors
- Ozroll
- Austral Monsoon
- Veka
- Ripo-baltic
- Schenker Storen
- Arrow Security Shutters
- Servis Climax
Highlights of The Hand Shutters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hardwood Shutters
- Vinyl Shutters
- Metal Shutters
- By Application:
- Household
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- 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
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Soler Palau
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TimberBlindMetroShade
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Louvretec
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Velux
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Somfy
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. KRGS Doors
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ozroll
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Austral Monsoon
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Veka
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ripo-baltic
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Schenker Storen
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Arrow Security Shutters
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Servis Climax
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
