Protective zinc coating on galvanized roller shutters offers protection against severe temperatures. Built-on roller shutters are highly popular due to their long endurance. Roller shutter manufacturers are developing new product designs to create a new type of lath made of synthetic and metallic materials in order to offer protection against the elements. The global roller shutter market is projected to grow at a rapid pace owing to the extensive usage of commercial roller shutters and electric roller shutters.
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Growth of Construction Industry and Increase in Industrialization to Drive Roller Shutter Market
Application of rolling shutters in residential and commercial spaces to provide protection from theft, climatic conditions, and fire is rising across the globe. Increase in construction activities is boosting the market for industrial roller shutters. According to the European Construction Industry Federation, the non-residential construction segment accounted for 31.6% share of the total investment in construction in Europe in 2019. Rise in number of warehouses due to the growth of the e-commerce industry and increase in trend of construction of smart homes are fueling the demand for roller shutters across the globe.
According to the Census Bureau of the Department of Commerce in the U.S., total e-commerce sales stood at US$ 870.8 Bn in 2021, an increase of 14.2% from that in 2020. Automatic rolling shutters provide the convenience of usage. High-income consumer groups in the U.K. and the U.S. are more likely to install roller shutters for home improvement and garage development.
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Product Innovation and Technological Advancement to Augment Roller Shutter Market
Product innovation and technological advancements remain the prominent areas of focus for key players operating in the global roller shutter market. Technological advancements, including the introduction of protective zinc coating and remotely operated, automated, or motor-operated roller shutters with new product designs, are likely to offer lucrative opportunities for the roller shutter market. Traditionally, roller shutters were operated manually; however, there has been a shift toward automated and motor-operated modern roller shutters. Commercial and residential spaces in Europe and North America extensively employ automated roller shutters.
Availability of Several Options Boosting Demand for Built-on Roller Shutters
In terms of product type, the built-on roller shutter segment is estimated to account for a notable share of the market during the forecast period. Built-on roller shutters contain a fully functional unit within the head box, which also includes the shutter’s guide rails. All of these are then fixed to the wall or fitted into the window recess. This style of shutter is particularly well-suited as a later addition to an existing house or structure, as it requires no specific preparation prior to installation. These types of rolling shutters account for major share of the market due to the availability of several suitable options.
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