The Polyvinyl Chloride (PVC) Roller Shutter Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Polyvinyl Chloride (PVC) Roller Shutter Global Market Report 2024, The polyvinyl chloride (PVC) roller shutters market size has grown strongly in recent years. It will grow from $3.24 billion in 2023 to $3.51 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to a rise in urbanization, a rise in disposable income, increasing investment in infrastructure development, a growing demand for noise reduction solutions in urban areas, and a rise in government initiatives.
The polyvinyl chloride (PVC) roller shutters market size is expected to see strong growth in the next few years. It will grow to $4.90 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to rising demand for sustainable and eco-friendly building materials, increasing investments in infrastructure development projects, growing construction of healthcare facilities, increasing disposable income, and expansion of online retail channels. Major trends in the forecast period include technological advancements, smart home integration, weather resistance, sustainable materials, and architectural integration.
The growing construction industry is expected to propel the growth of the polyvinyl chloride (PVC) roller shutters market going forward. The construction industry encompasses the processes, activities, and businesses involved in designing, planning, building, and maintaining structures and infrastructure. The growth of the construction industry is due to rising urbanization, growing infrastructure needs, and expanding economic activities. PVC roller shutters are used in the construction industry to provide security, privacy, and weather protection while enhancing energy efficiency and operational safety in commercial, industrial, and residential applications. For instance, in December 2022, according to the United States Census Bureau, a US-based government agency, the US construction expenses increased by 10.2% from $1,626.4 billion in 2021 to $1,792.9 billion in 2022. Therefore, the growing construction industry is driving the growth of the polyvinyl chloride (PVC) roller shutters market.
<h4 class=reporthtag>Impact Of Smart Homes On The Growth Of The PVC Roller Shutters Market</h4>
The trend towards smart homes is expected to propel the growth of the polyvinyl chloride (PVC) roller shutters market going forward. Smart homes refer to residences equipped with advanced technology and interconnected devices that automate and enhance various aspects of home living. Smart homes are increasing as technological advancements and consumer demand for convenience, energy efficiency, and enhanced security drive the adoption of interconnected devices and automation systems. Polyvinyl chloride (PVC) roller shutters are used in smart homes to provide enhanced security, privacy, and energy efficiency, often integrated with automated systems that allow remote control and scheduling via smartphone apps or home automation hubs. For instance, in September 2022, according to Dataconomy, a Germany-based portal for news, events, and expert opinion from the world of data-driven technology, by the end of June 2022, there were 17.1 connected gadgets and smart home appliances per home on average around the world, a 10% increase over the previous year at the same period. Therefore, the trend toward smart homes is driving the polyvinyl chloride (PVC) roller shutters market growth.
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The polyvinyl chloride (PVC) roller shutter market covered in this report is segmented –
1) By Type: Built-In Roller Shutters, Built-On Roller Shutters
2) By Installation: Top Mounted, Front Mounted
3) By Control Type: Automatic, Manual
4) By Application: Residential, Commercial
5) By Distribution Channel: Direct Sales, Indirect Sales
The polyvinyl chloride (pvc) roller shutter market report table of contents includes:
1. Executive Summary
2. Polyvinyl Chloride (PVC) Roller Shutter Market Characteristics
3. Polyvinyl Chloride (PVC) Roller Shutter Market Trends And Strategies
4. Polyvinyl Chloride (PVC) Roller Shutter Market – Macro Economic Scenario
5. Global Polyvinyl Chloride (PVC) Roller Shutter Market Size and Growth
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32. Global Polyvinyl Chloride (PVC) Roller Shutter Market Competitive Benchmarking
33. Global Polyvinyl Chloride (PVC) Roller Shutter Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Polyvinyl Chloride (PVC) Roller Shutter Market
35. Polyvinyl Chloride (PVC) Roller Shutter Market Future Outlook and Potential Analysis
36. Appendix
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