Global Honeycomb Shades Market - 2022-2029

Market Overview

The global honeycomb shades market size was worth US$ XX million in 2021 and is estimated to record significant growth by reaching up to US$ XX million by 2029, growing at a CAGR of XX% within the forecast period (2022-2029).

Honeycomb shades or cellular shades are formed of a single continuous piece of cloth that rolls or folds along with their sharp pleats. The honeycomb-shaped cells are then formed by simply gluing the fabric together. In order to provide insulation, the shade has a single, double, or triple layered design that easily traps air between the layers of the shade in separate cells. They're also available in pleat sizes, colors and light control options, including sheer and blackout.

Honeycomb shades are incredibly adaptable, making them an excellent alternative for unusually shaped windows. The combs not only give this product its characteristic appearance, but they also trap air, making these shades sound and temperature insulators. Because honeycomb shades are lightweight, they can be put vertically or horizontally.

Many people choose honeycomb shades because of their benefits, including superior insulation, privacy and light control. However, they do have some drawbacks that need to be considered before getting them for home.

Market Dynamics

Growing demand for superior insulation, privacy and light control shades across the various region is the primary driver for the market growth of honeycomb shades. Increasing demand for energy-saving shades among different end-users is driving the market share for the honeycomb shades market.

Growing demand for superior insulation, privacy and light control shades across the various region is the primary driver for the market growth of honeycomb shades.

Honeycomb shades have recently gained market, particularly due to the growing demand for superior insulation shades. In the summer, honeycomb shades block heat from the sun while conserving cool AC air; in the winter, honeycomb shades keep the cold out while conserving heat in your home. They're a big assist in improving home insulation and increasing energy efficiency.

Furthermore, if a customer is looking for window treatments, honeycomb shades offer better insulation and greater privacy. Due to various layers that effectively block out light and make it harder to look through these shades from the outside, they're better able to block out light more efficiently than alternative treatments. However, the double cell option with blackout would be better for better room darkening materials for even more seclusion.

In addition, honeycomb blinds' cellular structure also helps block out some outside noise. In this manner, the product helps create a peaceful and relaxing atmosphere in their home, escalating the product's market share in the forecast period.

For instance, Avalon Flooring is offering applause honeycomb shades hunter, Douglas. Applause honeycomb shades are the only honeycomb shade with a double-cell architecture and they come in a limited number of materials, colors and operating systems.

Increasing demand for energy-saving shades among different end-users is driving the market share for the honeycomb shades market.

The potential benefits of the widespread use of energy-efficient window coverings are enormous. Window systems account for 25% of annual heating and cooling costs in older homes, according to the Attachments Energy Rating Council (AERC), but can account for as high as 40%. As a result, many homeowners are spending more money on heating and air conditioning than is required, which has uplifted the market demand for honeycomb shades across the globe.

Honeycomb shades get their name from their unusual shape, which saves energy. Multiple cells in the shades trap cold air, shielding the room from heat loss in the winter (and heat gain in the summer). They can assist the firm in minimizing draftiness and lowering its heating expense, resulting in a cost-effective investment that will pay for itself over time.

The advantages are substantial. Honeycomb blinds are approximately as effective at blocking heat as a 1/8-inch piece of insulated foam. Their R-value (or ability to insulate against heat flow) varies from 2 to 5. A conventional double-pane window, by comparison, has an R-value of 1.8.

Honeycomb blinds are most known for their energy efficiency, but they can also benefit. Honeycomb shades, for example, help to manage natural light and reduce glare on computer monitors and other screens. Also, they add a level of privacy when handling sensitive materials or data. However, some businesses may be hesitant to use them because of their obscurity. Translucent shades can offer similar advantages but with diffused rather than blocked light.

Difficult cleaning and the high cost of honeycomb shades are majorly hampering the market share for the product.

Unfortunately, even though honeycomb shades are made of various fabrics, none allow for the same ease of cleaning as plastic or wood blinds. Dust collects on them and they might even be discolored.

Cleaning them can be tough due to their structure and it may be necessary to pull them down and carefully wash them in the bathtub. Furthermore, honeycomb shades aren't likely to win any awards in terms of style. On the other hand, their unfashionable design makes them so effective in terms of insulation. Cellular shades may not be the greatest option if interior design is the most significant aspect of the home.

In addition, honeycomb shades aren't the most expensive, but they're usually around the center compared to pricing. They are less expensive than roman shades but more expensive than venetian blinds. Thus, high cost compared to other shades available in the market hurdles the market's growth.

COVID-19 Impact Analysis

The outbreak of COVID-19 has severely affected the construction industry and hampered the honeycomb shades market during the 2019-2020 period. The disruption in the supply chain and global limits on trading operations have resulted in various firms' decreased material consumption globally.

However, with the emergence of COVID-19, home renovations became more popular; although market sellers reported a drop in bespoke window covering sales, this was in keeping with the ban on house visits. In addition, a sizable DIY industry arose to facilitate cheap home decor renovations. In addition, trade shows have been canceled or postponed. However, increasing vaccination in the various developing region has created immense demand for honeycomb shades to revive in the forecast period.

Segment Analysis

The global honeycomb shades market can be segmented on type, fabric, mode of operation, distribution channel, end-user and region.

Top-down, bottom-up shades control the shade from the bottom up and from the top-down or both, adding value to the segment's growing market.

The global honeycomb shades market based on type is segmented into top-down, bottom-up, cordless and motorized. Top-down bottom of the mentioned types upholds a dominating position in the honeycomb shades market. Top-down, bottom-up cellular shades allow lower shades from the top and rise from the bottom. The demand for the segment is due to the rising demand for the product in bathrooms or any room where extra privacy is needed with open shade for natural light.

Furthermore, regular window treatments may reduce the number of UV rays and glare that enter the windows. Still, only the top-down bottom Up (Duofold) Shades can provide more aesthetics and practicality. Unlike standard window coverings, top-down, bottom-up shades can not only be lifted from bottom to top but also opened from top to bottom, hence their name.

In addition, a typical shade can only be lifted and lowered from the bottom to the top, limiting their ability to control light and retain privacy because they open to reveal the entire room to the outside. On the other hand, top-down, bottom-up shades allow control of the shade from the bottom up and from the top-down or a combination of both; this means the customer doesn't have to open the shades to let the light in totally. Duofold shades can also help save money on energy expenditures because the customer won't have to turn on the lights every time they want to brighten the space. After all, top-down, bottom-up shades can let the light in without sacrificing privacy.

Geographical Analysis

Growing construction activities and expanding residential developments in North America are boosting the market share for honeycomb shades in the region

The largest contributor to U.S. economy is the construction industry. The value-added of the construction industry in U.S. was around XX % in 2019. The construction business in U.S. is one of the world's largest, with private spending reaching US$977 billion in 2019 and 11.2 million people employed in the sector. By 2023, it is estimated that new development will grow at a significant rate.

Public investment in nonresidential buildings and nonresidential structures is likely to lead the industry. Thus, the improving business of the construction industry in North America is more likely to improve the market opportunities for Honeycomb Shades in the forecast period.

Furthermore, according to U.S. Census Bureau, public residential building construction investment in U.S. climbed from US$ 5.07 billion in 2014 to US$ 6.55 billion in 2019. With this, substantial investments in home decor and home improvements are projected in U.S., propelling the honeycomb shades market in the region.

The demand for honeycomb shades is likely to be driven by a similar trend of expanding residential developments due to the world's growing population. In addition, the commercial construction industry is growing. According to the FMI Corporation, new commercial buildings in U.S. are predicted to be worth US$ 99.42 billion in 2021, up from US$ 47.33 billion in 2012. Thus growing infrastructure investment in U.S. is projected to create market opportunities for the honeycomb shades market in the forecast period.

Competitive Landscape

The honeycomb shades market is highly competitive with the presence of local and global companies. Some prime companies contributing to the market's growth are 3 Day Blinds LLC, Chicology, Ching Feng Home Fashions Co., Ltd, Elite Window Fashions, Hunter Douglas N.V, Norman Window Fashions, Vista, Springs Window Fashions, LLC, EcoSmart Shades, TOSO CO. LTD and others.

The major companies are adopting several growth strategies such as acquisitions, product launches and collaborations, contributing to the market growth of honeycomb shades globally.

3 Day Blinds LLC

Overview: 3 Day Blinds has been in business for over 40 years and has a staff of skilled design consultants who are locally based and stay on top of design trends in the locations they service. 3 Day Blinds was founded in 1978 in California to produce mini-blinds in 3 days. The company expanded the product lines as they have progressed and now offers a wide range of items, including drapery and soft shades.

Product Portfolio:

Cellular Shades: At 3 Day Blinds, the Cellular Shades are made of hexagon-shaped cells, allowing to adjust the sunlight entering into space without compromising the privacy of the home.

Why Purchase the Report?

Visualize the honeycomb shades market segmentation by type, fabric, mode of operation, distribution channel, end-user and region, highlighting key commercial assets and players.

Identify commercial opportunities in the honeycomb shades market by analyzing trends and co-development deals.

Excel data sheet with thousands of honeycomb shades market-level 4/5 segmentation points.

PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.

Product mapping in excel for the key product of all major market players

The global honeycomb shades market report would provide approximately 61 market data tables, 50 figures and 250 pages.

Target Audience 2022

Service Providers/ Buyers

Industry Investors/Investment Bankers

Education & Research Institutes

Research Professionals

Emerging Companies

Manufacturers

Logistics companies

Distributors