PUBLISHER: Lucintel | PRODUCT CODE: 1448493
PUBLISHER: Lucintel | PRODUCT CODE: 1448493
Shutter Market Trends and Forecast
The future of the global shutter market looks promising with opportunities in the residential and commercial construction sectors. The global shutter market is expected to reach an estimated $136.8 billion by 2030, and it is forecast to grow at a CAGR of 6.6% from 2024 to 2030. The major drivers for this market are growth in the construction industry, and an increase in remodeling, and continuing replacement activity in the construction industry.
Emerging Trends in the Shutter Market
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing usage of high security insulated roller shutters and the growing acceptance of power saving shutters and noise protection shutters.
A total of 73 figures / charts and 52 tables are provided in this 202-page report to help in your business decisions.
Shutter Market by Segments
In this market, residential is the largest application market, whereas built on roller shutter is largest market by product type. Growth in various segments of the shutter market are given below:
The study includes trends and forecast for the shutter market by product type, fixation type, material type, operating system, application, and region as follows:
List of Shutter Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies shutter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the shutter companies profiled in this report includes.
Shutter Market Insights
Features of the Shutter Market
FAQ
Q1. What is the shutter market size?
Answer: The global shutter market is expected to reach an estimated $136.8 billion by 2030.
Q2. What is the growth forecast for shutter market?
Answer: The shutter market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the shutter market?
Answer: The major drivers for this market are growth in the construction industry, and an increase in remodeling, and continuing replacement activity in the construction industry.
Q4. What are the major applications or end use industries for shutter?
Answer: Residential and Commercial are the major applications for shutter.
Q5. What are the emerging trends in shutter market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include increasing usage of high security insulated roller shutters and the growing acceptance of power saving shutters and noise protection shutters.
Q6. Who are the key shutter companies?
Answer: Some of the key shutter companies are as follows:
Q7.Which shutter product segment will be the largest in future?
Answer: Lucintel forecasts that built on roller shutters will remain the largest segment, and this segment is also expected to witness the highest growth over the forecast period due to the durability of this type of shutter. Built on roller shutters are also easy to install with minimum modification of the lintel of the door or window.
Q8: In shutter market, which region is expected to be the largest in next 5 years?
Answer: Europe will remain the largest region and expected to witness the highest growth over next 5 years.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.