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Curtains and Window Blinds Market to cross $30 Bn by 2032
- Published Date: November 14, 2022
Curtains and Window Blinds Market size is anticipated to exceed USD 30 billion by 2032, according to the new research report by Global Market Insights Inc.
The technological advancements and growing demand for motorized blinds and shades is impelling the industry growth. Motorized blinds and shades eliminate the need for chains & cords, which increases safety and convenience, elevating product adoption. In addition, motorization helps people operate blinds and curtains in hard-to-access areas, which is further shaping the market outlook. The rising home automation trend, which is furling the espousal of smart-home systems is further making the case for motorization.
Rising demand for cotton window blinds from the residential sector
The curtains and window blinds market from cotton material segment surpassed USD 1.2 billion in 2022. Growing need for cotton window blinds from the residential sector is primarily fueling sector growth. Steadily expanding product portfolio of novel cotton blind styles and textures is also shaping the industry share. Recently, the roman style of window blinds have gained immense popularity among customers due to the texture of cotton, which lets the blinds fall easily into neat pleats.
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Window shades to witness strong growth from novel merchandise developments
The window shades market is projected to register over 4.5% CAGR during 2023 - 2032, driven by the extensive product portfolio window shades and the advancement of novel cellular shades. Meanwhile, other shade options such as pleated and roman are also experiencing robust growth as they offer numerous fabric options. Increasing customer need for high privacy in living spaces is channelling demand towards these shades as well.
Easy access to global brands to drive the e-commerce distribution channel
The curtains and window blinds market estimation from the e-commerce distribution channel is poised to reach USD 4.5 billion by 2032. E-commerce network offer customers easy access to worldwide brands, with high-quality fabric options at the click of a button which is a key progress facilitator for the sector. The growth can also be attributed to the numerous financial benefits online platforms offer, including free shipping services and attractive discounts and offers.
Browse key industry insights spread across 370 pages with 497 market data tables and 48 figures & charts from the report “Curtains and Window Blinds Market Size By Material (Cotton, Linen, Polyester, Wood, PVC, Metal), By Product (Curtains and Drapes [Box Pleat Curtains, Pinch Pleat Curtains & Drapery, Goblet Pleat Curtains & Drapery, Eyelet (Grommet) Curtains & Drapery], Window Blinds [Venetian Blinds, Mini Blinds], Window Shades [Roman Shades, Roller Shades, Pleated Shades, Sheer Shades, Cellular Shades], Solar Screens, Connected), By Distribution Channel (B2B, B2C, E-commerce), By End-User (DIY, DIFM), By Price Range (High, Medium, Low), Industry Analysis Report, COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2023 – 2032”, in detail along with the table of contents:
Increasing commercial space renovation efforts with DIFM services
The DIFM service industry is expected to foresee 4.5 % growth from 2023 to 2032. The re-opening of public commercial spaces in the wake of the COVID-19 pandemic will complement the business share. With commercial spaces such as offices, schools, and theatres opening up, the requirement for renovation has gone up, fostering the demand for novel furnishings such as window blinds.
Fast expanding construction sector in Latin America
The LATAM curtains and window blinds market will observe 3.5% growth rate through 2032, spurred by a rapidly escalating construction industry across emerging economies such as Mexico, Brazil, and Argentina. The growth can also be credited to the region’s flourishing real estate sector and rising customers awareness about the benefits offered by advanced window blind as well as curtain fittings, including energy efficiency and convenience.
Product innovations to shape the industry’s competitive outlook
Some of the leading curtains and window blinds market participants include Aspect Blinds, Stevens (Scotland) Ltd, Decora Blind Systems Ltd, Aluvert Blinds, Draper, Inc., Shades & Blinds, Louvolite, among others. Many manufacturers are emphasizing on product innovations to stand apart in a highly competitive space.