Product Code: ETC020444 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Window Shutters market currently, in 2023, has witnessed an HHI of 2715, Which has decreased slightly as compared to the HHI of 4021 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
India Window Shutters Market is projected to reach a value of more than US$ 4.2 Billion in 2031, registering a CAGR growth rate of over 7.1% during the forecast period 2025-2031. The market for window shutters in India is driven by rising demand from residential and commercial sectors. This has been further propelled by increasing construction activities which are expected to continue as people prefer outdoor living space even with limited areas available at homes or offices. Also, growing awareness about energy efficiency among consumers has boosted the demand for window shutters as they help reduce heating and cooling costs due to their insulating properties. Furthermore, government initiatives such as providing tax rebates on energy efficient products have also contributed significantly towards the growth of this market.
? Increasing Demand From Residential Sector: Rising urbanization combined with rapid industrialization has led to an increase in new housing projects across both metros and tier 2 cities of India resulting into an increased demand for window shutters from residential sector which is expected to drive the market growth during the forecast period 2025-2031.
? Growing Awareness About Energy Efficiency Among Consumers: With growing concerns about environment conservation coupled with rising electricity prices, consumers are now opting for energy efficient solutions like window shutters that provide good insulation and offer comfort indoors while reducing air conditioning & heating costs thus driving its demand in both domestic & commercial sectors leading upmarket expansion opportunities in future years ahead.
? High Cost Of Installation And Maintenance Involved In Window Shutters Is A Major Challenge Faced By The Market Players: Installing and maintaining quality window shutters involve high cost making it unaffordable for many customers particularly lower income group households as well as small business owners who own low budget buildings or offices leading them switch back towards traditional windows that are inexpensive yet less efficient compared to modern day shutter systems limiting its adoption rate across various regions of India thus posing major hindrance towards its steady growth pace over upcoming years ahead .
? Emergence Of Automation & Motorized Window Shutter Systems For Both Industrial As Well As Residential Purposes Are Witnessing Rapid Adoption Rate Across Various Parts Of Country ?
? Manufacturers Now Focus On Design Customizations To Keep Up With Changing Preferences Of Customers Such As Different Colors, Finishes & Textures Available At Reasonable Price Points Key Players : Some key players operating in Indian Window Shutters
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Window Shutters Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Window Shutters Market Revenues & Volume, 2021 & 2031F |
3.3 India Window Shutters Market - Industry Life Cycle |
3.4 India Window Shutters Market - Porter's Five Forces |
3.5 India Window Shutters Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 India Window Shutters Market Revenues & Volume Share, By End-users, 2021 & 2031F |
3.7 India Window Shutters Market Revenues & Volume Share, By Functionality, 2021 & 2031F |
3.8 India Window Shutters Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Window Shutters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Window Shutters Market Trends |
6 India Window Shutters Market, By Types |
6.1 India Window Shutters Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 India Window Shutters Market Revenues & Volume, By Product Types, 2021-2031F |
6.1.3 India Window Shutters Market Revenues & Volume, By Interior Shutters, 2021-2031F |
6.1.4 India Window Shutters Market Revenues & Volume, By Exterior Shutters, 2021-2031F |
6.2 India Window Shutters Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 India Window Shutters Market Revenues & Volume, By Residential , 2021-2031F |
6.2.3 India Window Shutters Market Revenues & Volume, By Commercial, 2021-2031F |
6.3 India Window Shutters Market, By Functionality |
6.3.1 Overview and Analysis |
6.3.2 India Window Shutters Market Revenues & Volume, By Manual, 2021-2031F |
6.3.3 India Window Shutters Market Revenues & Volume, By Automatic, 2021-2031F |
6.4 India Window Shutters Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 India Window Shutters Market Revenues & Volume, By Online, 2021-2031F |
6.4.3 India Window Shutters Market Revenues & Volume, By Offline, 2021-2031F |
7 India Window Shutters Market Import-Export Trade Statistics |
7.1 India Window Shutters Market Export to Major Countries |
7.2 India Window Shutters Market Imports from Major Countries |
8 India Window Shutters Market Key Performance Indicators |
9 India Window Shutters Market - Opportunity Assessment |
9.1 India Window Shutters Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 India Window Shutters Market Opportunity Assessment, By End-users, 2021 & 2031F |
9.3 India Window Shutters Market Opportunity Assessment, By Functionality, 2021 & 2031F |
9.4 India Window Shutters Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Window Shutters Market - Competitive Landscape |
10.1 India Window Shutters Market Revenue Share, By Companies, 2024 |
10.2 India Window Shutters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |