Curtains and Window Blinds Market with Share Facts, Figures and Analytical Insights by 2032 End
Curtains and window blinds market size is anticipated to exceed USD 30 billion by 2032, according to the new research report by GMI 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.
Curtains and window blinds market size is anticipated to exceed USD 30 billion by 2032, according to the new research report by GMI 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.
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Rising demand for cotton window blinds from the residential sector
In 2022, the market for curtains and window coverings made of cotton material exceeded USD 1.2 billion. The residential market, which has a growing demand for cotton window coverings, is what is driving the sector’s expansion. The industry share is being shaped by a steadily growing product portfolio of innovative cotton blind styles and textures. Due to the texture of cotton, which allows the blinds to fall easily into neat pleats, the roman style of window coverings has recently experienced tremendous growth in popularity among customers.
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.
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.
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.
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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.
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