(MENAFN- The Express Wire) Final Report will add the analysis of the COVID-19 and Russia Ukraine war impact on Shutter industry.
The " shutter market "report presents a comprehensive summary of market demand, along with an analysis of emerging competitors like ( Mitadoor, Sanwa Holdings Corporation, R.S. Shutter, World Kogyo (Thailand), Austdoor, KSS Thailand, Hormann Group, V.C. Autoshutters, Bunka Shutter Co. Ltd., CJ Metallic Company ) and their revenue figures. It begins by explaining how the global Shutter market has evolved over time and how various factors have influenced it. The report examines different market characteristics (drivers, constraints, trends, and opportunities) and provides details on future forecasts. It also includes statistical analysis of important market changes, growth projections, and global data.
The global Shutter market size was valued at USD 512.76 Million in 2022 and will reach USD 768.53 Million in 2028, with a CAGR of 6.98% during 2022-2028. ask for a sample report
Shutter Market overview and Forecast Scenarios to 2030
Influence of COVID-19 Outbreak on Shutter Industry Development
Since the outbreak of the COVID-19 virus in December 2019, the disease has spread to nearly 100 countries around the world, and the World Health Organization has declared it an emergency public health event. The COVID-19 epidemic is infected with a large number of people, and its spread and scope far exceed SARS. At present, the number of confirmed cases in Worldwide has exceeded 10 million. Different industries are affected differently by the epidemic situation. The impact on Shutter is mainly reflected in the supply of raw materials and Downstream market demand. The main raw materials of Shutter are Polycarbonate material, stainless steel, aluminum alloy, etc. Overall, affected by the COVID-19 epidemic, logistics will be suspended and the supply of raw materials for Shutter will be tight. Due to the global threat of COVID-19, the resumption of work in the world's plants will directly affect the customer's production plan for goods and shipments. The continuous outbreak of the international epidemic situation, if the personnel control of each country is extended, it will affect the smooth supply of equipment and materials.
For downstream industries, during the COVID-19 epidemic, in order to firmly prevent the spread of epidemics, the government has issued measures to extend vacations, delay business recovery, flow control and flow control measures, and postpone recovery activities. For example, in addition to strictly importing the entrance to prevent the epidemic situation, measures have also been taken in Thailand to prevent the spread of the epidemic. The Thai government has cancelled or postponed the holding of some conferences, exhibitions and other events, and some stadiums and swimming pools have been closed. At the same time, Bangkok, Pattaya, Khon Kaen, Phuket, Chiang Mai and other places have announced the cancellation of the Thai New Year Songkran Festival (Water Songkran). COVID-19 has a huge impact on the operation of the industry, of which the impact on SMEs is more obvious. The company's inability to conduct normal operations and sales has exacerbated the shortage of funds for SMEs and reduced the company's solvency. To a certain extent, the demand for blinds is affected.
Drivers
According to Vietnam News Agency, the construction industry in Vietnam has maintained a good growth momentum for the past 10 years. In 2018, the Ministry of Construction has proposed 11 core tasks and will take strong measures to accomplish the set goals. According to the evaluation of economic experts, in the past 10 years, the growth rate of Vietnam's construction industry has continuously increased, from nearly 5 billion US dollars in 2007 to 12.8 billion US dollars in 2017. In 2017, the construction industry maintained a relatively high growth momentum, an increase of 8.7% year-on-year, and ranked third in the contribution rate to GDP. According to real estate associations, developers and development research institutes, in order to adapt to changes in the housing market, major cities in Vietnam will construct about one million new houses in two years in 2019 and 2020 to meet the needs of about three million migrants and Housing needs of industry workers, including employees of state-owned organizations.
Economic development has brought more job opportunities to Vietnamese people, and at the same time promoted the development of urbanization. For example, Ho Chi Minh City, Vietnam's largest city, has benefited from the rapid development of Vietnam's economy, with increasingly developed urban construction and skyscraper construction in full swing. The city has planned to build the Vietnamese version of Pudong New District on the first new town on the other side of the Saigon River and build a group of Vietnamese skyscrapers. In 2018, Ho Chi Minh City, the largest city in Vietnam, became the tallest skyscraper in Vietnam, and the building was named Landmark Tower 81. The building is 461.3 meters high, has 81 floors, covers an area of more than 240,000 square meters, and the investment amount reaches 1.4 billion US dollars. The landmark tower was opened in 2018 and became the tallest building in Vietnam and a symbolic building for Vietnam's new economic growth. Therefore, the stable development of the construction industry has brought a strong carrier base to the Shutter market.
Region Overview:
Vietnam had the highest growth rate of all regions.
Company Overview:
Sanwa Holdings Corporation is one of the major players operating in the Shutter market, holding a share of 14% in 2020.
Sanwa Holdings Corporation heavy and light weight shutters, doors, and window units. The Company provides integrated service of design, installation, and repair
Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.
TOP COMPANIES/MANUFACTURERS Dominating the Global Shutter Market are listed below:
Mitadoor Sanwa Holdings Corporation R.S. Shutter World Kogyo (Thailand) Austdoor KSS Thailand Hormann Group V.C. Autoshutters Bunka Shutter Co. Ltd. CJ Metallic Company
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Key Points this Global Shutter Market Report Include:
Market Size Estimates: Shutter market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends : Shutter market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia and Ukraine War on the Shutter market
Segment Market Analysis: Shutter market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Shutter market situations and prospects in major and top regions and countries
Shutter Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.
Shutter Industry Chain: Shutter market raw materials and suppliers, manufacturing process, distributors by region, downstream customers
Shutter Industry News, Policies by regions
Shutter Industry Porters Five Forces Analysis
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Key highlights of the report:
- Define, describe and forecast Shutter product market by type, application, end user and region.
- Provide enterprise external environment analysis and PEST analysis.
- Provide strategies for company to deal with the impact of COVID-19.
- Provide market dynamic analysis, including market driving factors, market development constraints.
- Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
- Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
- Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
Shutter Market Product Insights:
Based on the Shutter market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analysed in detail. To Boost Growth during the epidemic era, this report analyses in detail for the potential risks and opportunities which can be focused on.
Based on TYPE, the Shutter market from 2023 to 2030 is primarily split into:
Door Shutter Window Shutter
Based on applications, the Shutter market from 2023 to 2030 covers:
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Regional Insights:
Here is the list of regions covered: North America: United States, Canada, Europe: GermanyFrance, U.K., Italy, Russia,Asia-Pacific: China, Japan, South, India, Australia, China, Indonesia, Thailand, Malaysia, Latin America:Mexico, Brazil, Argentina, Colombia, Middle East and Africa:Turkey, Saudi, Arabia, UAE, Korea.
COVID-19 AND RUSSIA-UKRAINE WAR INFLUENCE ANALYSIS:
The readers in the section will understand how the Shutter market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.
The Shutter market revenue was Million USD in 2016, grew to Million USD in 2023, and will reach Million USD in 2030, with a CAGR of during 2023-2030.Considering the influence of COVID-19 on the global Shutter market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions.
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Years considered for this report:
Historical Years: 2016-2023
Base Year: 2023
Estimated Year: 2023
Forecast Period: 2023-2030
Key highlights of the report:
- Define, describe and forecast Shutter product market by type, application, end user and region.
- Provide enterprise external environment analysis and PEST analysis.
- Provide strategies for company to deal with the impact of COVID-19.
- Provide market dynamic analysis, including market driving factors, market development constraints.
- Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
- Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
- Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
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Chapter Outline mentioned in Shutter Market Report:
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Shutter market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Shutter industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Shutter market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' MandA and expansion in recent years.
Chapter 4 is an analysis of the Shutter industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Shutter market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Shutter market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Shutter market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
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To view the original version on The Express Wire visit shutter market 2023-2030: competitive landscape with regional analysis and growth attributes
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