New Research: Lucintel Predicts a Shutter Market

Did you know that Lucintel recently published a market research report entitled “Growth Opportunities of the Shutter Industry”?

This report for shutter market identifies and predicts future opportunities for growth in shutter industry for various segments as well as for various regions such as North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for shutter industry in the built on roller shutters, built in roller shutters, integrated roller shutters, and roller shutters with tilted laths.

According to Lucintel’s market report, the shutter market is expected to grow with a CAGR of 2% to 4% from 2020 to 2025. Some of the dominant players of the shutter market are Assa Abloy Group, Bunka Shutter, Lixil Group, Sanwa Holdings Corporation, SKB Shutters, Heroal, and Hunter Douglas and others.

There are some interesting developments in shutter market as competition heats up and players try to increase their market share. Some of the emerging trend, which has a direct impact on the dynamics of shutter industry, includes increasing usage of high security insulated roller shutters and the growing acceptance of power saving shutters and noise protection shutters.

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