Roller Shutter Market - By Product Type (Built On Roller Shutter, Built In Roller Shutter, Integrated Roller Shutter, Roller Shutter with tilted laths), By Material, By Operation system, By Fixation type, By End Use, By Distribution Channel, Forecast 2024 – 2032

Roller Shutter Market Size

Roller Shutter market size was valued at USD 57.24 billion in 2023 and is anticipated to register a CAGR of over 4.6% between 2024 and 2032. A roller shutter is a type of door or window covering that consists of horizontal slats, linked together by hinges, which roll up and down on a track. Typically installed in a rolled position over doors or windows, roller shutters are drawn down to close and lifted to open. They are applied in various settings such as shops, garages, godowns, and warehouses. Serving as a robust physical barrier, roller shutters act as a restriction against unauthorized entry and provide crucial protection from vandalism and theft.
 

The roller shutter market is experiencing robust growth driven by several key factors. Firstly, the escalating demand for roller shutters is attributed to their exceptional durability and fire resistance properties, enhancing their longevity and safety features. Secondly, the rising adoption of roller shutters by retailers and shop owners is contributing significantly to market expansion, driven by the product's ability to provide enhanced security and aesthetic appeal. Moreover, the surge in infrastructural development and various construction projects initiated by government bodies is fueling the demand for roller shutters, as these installations play a crucial role in securing commercial spaces. Additionally, there is a growing awareness among consumers about the manifold benefits of roller shutters, including insulation capabilities and heightened security, further propelling market growth. These converging drivers collectively underscore the dynamic momentum in the market, making it a pivotal industry with substantial potential.
 

One major setback is the widespread use of colonial shutters, posing a potential hindrance to the continuous expansion of the roller shutter market. Additionally, the ready availability of affordable substitutes, but of lower quality, stands as a considerable obstacle, diverting consumer preferences away from roller shutters. The market is further constrained by the relatively high cost of roller shutters, which can limit adoption rates, particularly in price-sensitive segments.
 

Roller Shutter Market Trends

The roller shutter industry is experiencing dynamic trends that are reshaping its landscape and creating new opportunities for growth. Notably, technological advancements have become a driving force, with the integration of automation and the development of lighter-weight materials. The reduced weight of modern roller shutters not only makes them more user-friendly but also opens avenues for innovation in design and installation.

Another noteworthy trend is the surge in the number of warehouses, fueled by the exponential growth of the e-commerce industry. Additionally, the increasing trend of constructing smart homes has propelled the adoption of advanced roller shutter solutions that align with modern home automation systems.
 

Roller Shutter Market Analysis

The market is categorized by product type, encompassing built-on roller shutters, built-in roller shutters, integrated roller shutters, and roller shutters with tilted laths. Built-on roller shutters held the largest market share in 2023 of about 37.5% and are anticipated to command a substantial share during the forecast period, primarily due to their fully functional unit within the head box. This type is particularly well-suited for later additions to existing structures or houses, as it necessitates no specific preparation prior to installation.
 

Based on the material the market is segmented into wood, aluminium, metal, and glass. Among these, the aluminium segment stands out as the leader, commanding the largest share in the market of 44.7% generating a revenue of USD 25.5 Billion. This dominance is attributed to the material's corrosion-free and lightweight properties, contributing to its widespread adoption. Aluminium roller shutters not only offer a visually appealing aesthetic but also boast high durability, excellent strength, and operate quietly, adding to their overall appeal. The corrosion resistance ensures longevity, making aluminium an ideal choice for outdoor applications.
 

Based on the operating system the roller shutter market is categorized into manual and automated categories, with manual shutters currently holding the largest market share of 61.5%, a trend expected to persist throughout the forecast period. Manual systems provide an added layer of safety assurance, as they can only be operated by authorized personnel, enhancing security measures. The combination of affordability and heightened security features makes manual roller shutters a preferred choice for many consumers.
 

Based on the fixation type the roller shutter market is segmented into door and window segments, with the door segment securing a notable share of 62.8% generating a revenue of USD 39.5 Billion in 2023. Roller shutters designed for doors are strategically attached to the entrance and exit locations of rooms, showcasing their functional versatility and significance in providing enhanced security and access control. The door segment's noteworthy market share highlights the widespread adoption of roller shutters as an integral component of building and room security systems.
 

Based on end use the roller shutter market is divided into commercial, residential, and industrial. The commercial segment comprises of hotels, restaurants, cafes, hospitals, offices, malls, and others like institutions, banquets, etc. The commercial segment is emerging as the highest growing sector with a CAGR of 4.6%, This segment held the largest market share in 2023 of about 46.2%. This surge in demand is particularly notable in establishments such as restaurants, retail businesses, offices, and other commercial enterprises where roller shutters are increasingly recognized as indispensable components for enhanced security and protection.
 

Based on distribution channels the roller shutter market is separated into online channels and offline channels. Online channels include E-commerce platforms and company websites, providing consumers with the convenience of browsing and purchasing Roller Shutter from the comfort of their homes. The offline channels consist of distributors, retailers, specialty stores, and others like departmental stores, etc. The offline channels dominate the market with a share of 58.5% of the total market as consumers prefer to get the hands-on experience and feel the material of the product and can instantly purchase as and when needed. Also, numerous discounts offers and in-store demonstrations on products increases the consumers’ commitment for purchase.
 

Asia Pacific dominates the roller shutter market with a total share of 43.7% in 2023, attributed to its early adoption of roller shutters and a surge in remodelling activities across both commercial and residential sectors within the forecast period. Additionally, this region is poised to achieve the highest CAGR of 4.9%, driven by an increased adoption of roller shutters. This growth can be attributed to the government's initiatives to boost small-scale industries, coupled with a rising population that necessitates the construction of new homes in both urban and rural settings during the forecast period.
 

Roller Shutter Market Share

In 2023, dominant market players include Alulux GmbH, ASSA Abloy, Heroal, and Somfy. These industry leaders collectively hold 38% of the market share and are actively engaged in strategic initiatives such as mergers & acquisitions, facility expansions, and partnerships to broaden their product portfolios, reach a wider customer base, and strengthen their market presence. Driven by a commitment to innovation, these companies continuously reinvest in R&D, refining designs and integrating cutting-edge technologies to maintain their competitive edge.
 

Roller Shutter Market Companies

Major players operating in the Roller Shutter industry include:

• Alulux GmbH
• ASSA Abloy
• Heroal
• Somfy
   

Roller Shutter Industry News

• In June 2023, REHAU introduces RAUVOLET Noble Matt Roller Shutter designed to provide functional and aesthetic excellence for modern living spaces. It is built with soft touch and soft movement mechanism and specifically engineered to resist scratches and signs of wear, ensuring long lasting beauty and durability.
   
• In March 2022, Hart Doors developed a new version of its Typhoon security shutters range which can withstand wind speeds of circa 165mph.
    

The Roller Shutter market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue (USD Billion) and volume (Million Units) from 2018 to 2032, for the following segments:

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By Product type, (USD Billion; Million Units)

• Built On Roller Shutter
• Built In Roller Shutter
• Integrated Roller Shutter
• Roller Shutter with tilted laths

By Material, (USD Billion; Million Units)

• Wood
• Aluminum
• Metal
• Glass

By Operating System, (USD Billion; Million Units)

• Manual
• Automated

By Fixation Type, (USD Billion; Million Units)

• Door
• Window

By End Use, (USD Billion; Million Units)

• Commercial
  • HoReCa
  • Hospitals
  • Offices
  • Malls
  • Others (Institutions, Banquets, etc.)
• Residential
• Industrial
  • Warehouses
  • Factories

By Distribution Channel, (USD Billion; Million Units)

• Online channels
  • E-commerce
  • Company websites
• Offline channels
  • Distributors
  • Retailers
  • Specialty Stores
  • Others (Departmental Stores, etc.)

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia 
  • Indonesia 
• Latin America
  • Brazil
  • Mexico 
• MEA
  • Saudi Arabia
  • UAE
  • South Africa