North America Leads: Blackout Fabric Sales Capture 33% Market Share in 2023

In 2023, North America will hold a dominant market share of over 33% in Blackout Fabric Market Sales. The significant growth is attributed to the increasing number of interior projects in major parts of the United States and Canada, encompassing commercial, industrial, and residential sectors. The demand for blackout fabric in Canada is particularly high due to the extensive snow cover and freezing temperatures, making blackout fabric essential for preserving interior comfort and warmth.

The rapid urbanization and development in both urban and semi-urban areas across North America are expected to be major contributors to the revenue growth in the blackout fabric market. The region has witnessed exponential gains in its manufacturing and service sectors, which have significantly contributed to strong growth in the global GDP over the past two decades. As a result, the global market for blackout fabric has experienced substantial benefits from North America’s economic growth and market demand.

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The global demand for blackout fabric market is estimated to be valued at US$ 10 billion in 2023 and is expected to be valued at US$ 19 billion by 2033. The adoption of blackout fabric is likely to advance at a CAGR of 6.6% during the forecast period.

The global market for blackout fabric laminates is anticipated to witness significant growth due to various potential advantages such as design aesthetic flexibility, lightweight, low maintenance, quick installation, and so on. Blackout fabric laminates can also preserve efficiency and cut energy costs by up to one-fourth, the requirement in emerging businesses for blackout fabric laminates.

Mounting sales of such laminations are predicted to garner handsome growth in the blackout cloth market over the 2022-2032 forecast period. Increase in the number of smart homes in developing countries due to economic growth is fuelling the blackout fabric market. High volume demand for a healthy lifestyle is spurring demand for contrast fabric.

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Key Takeaways from the Market Study

“As urbanization expands, cities are investing in smart homes, with specific emphasis on ambient lighting and light filtering. Hence, uptake of blackout fabrics across key application areas is expected to rise significantly in forthcoming years,” says an analyst at FMI.

Market Competition

Prominent players in the industrial Blackout Fabric market are UNITEC Textile Decoration Co., Ltd., Etremonde Polycoaters Limited, Indiana Coated Fabrics, Hunter Douglas, Dunmore, Herculite, P.W. Greenhalgh & Company Limited, Sotexpro, Bandalux, Création Baumann and others. Some notable developments by manufacturers are

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More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the global blackout fabric market, presenting historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of End Use (Industrial Use, Schools and Colleges, Photography Laboratories, Hotels & Restaurants), Thickness (Up to 1 Ply, 2-3 Ply, Above 3 Ply), and across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

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The consumer product team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.

Key Segments Covered in the Blackout Fabric Industry Analysis

Blackout Fabric Market by End Use:

Blackout Fabric Market by Thickness:

Blackout Fabric Market by Region:

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