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Curtains and Window Blinds Market size surpassed USD 20 billion in 2022 and is anticipated to grow at 3% CAGR during 2023 to 2032. Increasing government spending towards residential and commercial infrastructure projects will majorly shape industry outlook.
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Despite a rising scope for product demand, factors such as the volatile raw material prices may hamper the curtains and window blinds market expansion. In addition, tightening government regulations on construction projects, to ensure small carbon footprint of the structure, are also likely to challenge the industry growth. The strict regulatory landscape is creating a further scarcity of raw materials and their greener alternatives. Moreover, the declining affordability of drapery is also likely to hinder business growth by taking certain materials out of many customer’s reach.
|Market Size in 2022:||USD 22 Billion|
|Forecast Period:||2023 to 2032|
|Forecast Period 2023 to 2032 CAGR:||3.5%|
|2032 Value Projection:||USD 31 billion|
|Historical Data for:||2018 to 2022|
|No. of Pages:||370|
|Tables, Charts & Figures:||545|
|Segments covered:||Material, Product, Distribution Channel, End-user, Price Range|
|Pitfalls & Challenges:|
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The curtains and window blinds market valuation from the polyester segment is projected to cross USD 4 billion by 2032, driven by the higher durability and strong properties of these material. Polyester is less likelihood to get wrinkled, fade, and deteriorate, and also offers superior insulating properties. The growth can also be credited to the growing trend of using of polyester in blackout curtains in the bedroom.
The pinch pleat curtains & drapery type is forecasted to attain over 2.5% gains during 2023-2032, owing to higher adoption across developing nations. These products feature simple designs that are widely used in developing countries because of their affordable nature, giving it an edge than other curtain types.
The curtains and window blinds market from the B2C industry is expected to register nearly USD 7.5 billion by 2032 promoted by rising brand awareness among consumers, and growing demand for product customization. This has subsequently shaped customer inclination towards directly acquiring products from the manufacturer. As a result, many makers have diversified their range of independent distribution channels, which only sell specific branded window curtains, to cater to a larger demographic.
The DIY curtains type is poised to observe 3.5% growth through 2032. Given that curtains are easy to install and do not require property owners to avail any specialized installation services, the DIY trend has dominated the business scenario. Meanwhile, segmental overview is further impelled by increasing proliferation of supermarket chains in developing economies, which has made these products more accessible to customers with better availability and discounts.
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The Asia Pacific curtains and window blinds market is slated to witness 4.5% growth rate between 2023 and 2032, credited to the growing construction initiatives in the region to enhance the beauty of commercial and residential spaces. In addition, factors such as urban migration and city expansion efforts have subsequently led to a growing demand for infrastructure development, fueling the product demand for window blinds and curtains throughout both residential and commercial sectors.
The key curtains and window blinds industry players includes names such as Advanced Window Blinds, Hunter Douglas Inc, Budget Blinds, LLC, Hillarys, Aspect Blinds, Aluvert Blinds, Stevens (Scotland) Ltd, and others. Many companies are emphasizing on increasing their production capacities to improve their market presence.
The COVID-19 pandemic had a severe impact on the curtains & window blinds market as it brought construction projects to a standstill globally. While DIY home remodelling projects kept revenues flowing during the lockdown, the scale was severely limited due to an absence of need from the commercial sector. However, with the world not approaching the tail-end of the pandemic, the flow of revenue has picked up in pace, with strong requirement from the commercial sector attributed to the reopening of offices and public spaces. Growth is also said to come from the tourism sector with the industry estimating a rise in travel.
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Market, By Material
Market, By Product
Market, By Distribution Channel
Market, By End-user
Market, By Price Range
The above information is provided on a regional and country basis for the following: