Global Window Covering Market

Global Window Covering Market Size, Share, Growth Analysis, By Application(Residential and Commercial), By Distribution Channels(Online and Offline) - Industry Forecast 2024-2031

Report ID: SQMIG25F2051 | Region: Global | Published Date: April, 2024
Pages: 223 | Tables: 59 | Figures: 77

Global Window Covering Market News

  • In May 2023  In an attempt to appeal to affluent consumers, BIW Products, a manufacturer of curtains and blinds, has launched smart blinds that can be linked to smart home systems. The company's revenue target for 2023 is THB 200 million, with a sales rise of 65%. The growing trend of luxury homes has led to an increase in the need for blinds that are able to be operated by smart home technologies. 
  • The Designer Series and the Signature Series are two motorized architect roller blinds that SelectBlinds, an online retailer of custom window décor, will be releasing in March 2023. Both shades may be operated with a smartphone app or a remote control, and they come in a range of colors and fabrics. They also have a number of connectors with smart homes, including as Apple HomeKit, Google Assistant, and Amazon Alexa. 
  • The Pirouette ClearView Window Shading was introduced by American window coverings company Hunter Douglas in February 2023. With its unique translucent fabric, this revolutionary shade still diffuses sunlight and blocks UV rays while offering an almost unhindered view of the outside world. Both room-darkening and light-filtering opacities are offered.
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Global Window Covering Market size was valued at USD 34.70 Billion in 2022 and is poised to grow from USD 37.37 Billion in 2023 to USD 67.65 Billion by 2031, at a CAGR of 7.7%during the forecast period (2024-2031).

The global window covering market is highly competitive, with many players operating in the industry. The market is characterized by the presence of both established and emerging players, who compete on the basis of product quality, price, design, distribution channels, and marketing strategies. ' Hunter Douglas N.V. (Netherlands)', 'Springs Window Fashions LLC (United States)', 'Newell Brands Inc. (United States)', 'Graber (United States)', 'Comfortex Window Fashions (United States)', 'Levolor (United States)', 'Luxaflex (Netherlands)', 'Rollease Acmeda Pty Ltd (Australia)', 'Nien Made Enterprise Co. Ltd. (Taiwan)', 'Somfy Systems Inc. (France)', 'QMotion Advanced Shading Systems (United States)', 'Mechoshade Systems LLC (United States)', 'Verosol Australia Pty Ltd (Australia)', 'Kresta Holdings Limited (Australia)', 'Benthin GmbH (Germany)', 'Coulisse B.V. (Netherlands)', 'Lotus & Windoware, Inc. (United States)', 'Bandalux S.A. (Spain)', 'BTX Intelligent Fashion LLC (United States)', 'Window Blind Connection Inc. (United States)', 'Hartmann & Forbes, Inc. (United States)', 'Gräfenthaler Fenster und Sonnenschutz GmbH (Germany)'

In the near future, demand for window coverings is anticipated to increase across the nation due to the rising popularity of built, modular, and prefabricated homes. Over time, there has been a noticeable increase in the real estate industry in India. The residential market in India is predicted to increase significantly over the next few years, supported by government support, according to the India Brand Equity Foundation (IBEF). For instance, the Pradhan Mantri Awas Yojana (PMAY) project was started by the Indian government with the goal of constructing 20 million homes nationwide (in urban areas) by the year 2022.

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North America dominated the global market. The United States Census Bureau reports that in 2021, building expenses for public residential structures increased in the country. Spending on construction increased 7.9% over the same time in 2020 during the first 11 months of 2021. It is anticipated that the United States would make significant investments in house improvement and decoration.

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Global Window Covering Market

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