Shutters Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Built-on Roller Shutter, Built-in Roller Shutter, Integrated Roller Shutter, Roller Shutter with Tilted Laths), Operation (Manual, Automated), Material (Wood, Synthetic, Metal, Glass), Application (Door, Window), Industry verticals (Residential Construction, Commercial Construction, Others) and Region Forecast 2020-2031

Shutters Market size was valued at US$ 136,882.6 million in 2024 and is expected to reach US$ 208,554.6 million by 2031, growing at a significant CAGR of 6.2% from 2025-2031. Shutters are windows or doors with horizontal slats that are hinged together. Shutters are mainly installed to reinforce protection from theft, break-ins, robberies, vandalism or arson, and environmental hazards like wind, rain, fire, and harsh climatic conditions. Due to the increasing global crime rate, safety and security are highly required, and thus, shutters are used very widely in shops, warehouses, commercial buildings, garages, and many other end-use areas. The installation of shutters with normal doors and windows gives additional protection. Shutters are convenient because one can easily roll up or down an entrance to open or close it.

Key Players

Key players in the market include Hunter Douglas, Louverdrape, Graber Blinds, Bali Blinds, Sunland Shutters, California Shutters, Maxxmar, Norman Window Fashions, Levolor, Budget Blinds, Advanced Window Products, The Shade Store, Eclipse Shutters. Also, a comprehensive analysis of industry verticals and market participants that provides a clear overview of the competitive landscape about the sectors served by the company’s products and services, market share, service offerings, financial reports, significant developments, market strategy, competitive position, and geographic reach

Key Takeaways

•    The fastest-growing market is the Asia-Pacific region
•    The largest region in the market in North America
•    Based on the Type Built-in Roller Shutter segment holds a 29.5% market share
•    Based on the Operation Automated segment holds a 57.4% market share
•    Based on the Material Metal segment holds a 42.5% market share
•    Based on the Application Window segment holds a 64.2% market share
•    Based on the Industry verticals Commercial Construction segment holds 36.7% market share

Facts & Figures

•  In April 2022 - The market for window coverings, including shutters, was valued at approximately $10 billion in the U.S. alone.
•  January 2023 - Over 45% of homeowners reported upgrading their window treatments in the last five years, with shutters being a popular choice.
•  February 2023 - 70% of new homes built in the U.S. included some form of window treatments, with shutters being one of the most requested options.

Key Developments 

• In February 2023 - Bali Blinds released an innovative plantation shutter design
• In April 2023 - Maxxmar debuted a new series of motorized shutters.
• In October 2023 - Levolor updated its product range with advanced UV protection features.

Shutters Market Segmentation

By Type: In the market, the Built-on Roller Shutter is the most sought-after variant, primarily for ease of installation and wide usage for both residential and commercial applications. This product type is effective in offering insulation and security while also being available in various designs and colors, which makes it the first choice for many consumers looking for functionality with aesthetic appeal.

By Operation: In the market, the Automated operation segment is gaining significant traction, driven by the growing demand for smart home technology and convenience

By Material: In the market, the wood segment is leading for its aesthetic appeal and its natural warmth. Wooden shutters provide a classic outlook and excellent insulation. Their popularity is thus in more residential applications. However, the synthetic segment is gaining ground here due to its durability low maintenance, and resistance against moisture and pests. The Metal category is also very huge, especially in commercial set-ups as it deals with the issue of security and strength. On the other hand, Glass shutters are a modern option. It can provide fashion-forward solutions that maximize natural lighting but ensure privacy.

By Application: Windows will be the major market in shutter applications primarily because windows require aesthetic appeal and energy efficiency in houses and buildings. Shutters ensure control of light entry, adequate insulation, and privacy. Though not that large in dimension, the door application is on the increase because it requires style and security.

By Industry verticals: The Residential Construction segment leads significantly in the market, influenced by homeowners' desire for aesthetics, energy efficiency, and improved privacy. A growing trend in home renovations and new builds benefits this sector. The Commercial Construction segment is also a notable sector, as businesses increase investment in stylish and functional window treatments to enhance their properties.