Window Covering Market Analysis 2024: Key Factors Influencing Growth and Innovation

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Rising income levels, changing lifestyles, increasing media penetration, and the invasion of other cultures have all contributed to increased consumer expenditure on various designs and luxury homeware

Window Covering Industry Overview

 

The global window coverings market is anticipated to reach USD 60.16 billion by 2030 and it is projected to grow at a CAGR of 8.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising income levels, changing lifestyles, increasing media penetration, and the invasion of other cultures have all contributed to increased consumer expenditure on various designs and luxury homeware. During the forecast period, all of these aspects are expected to present considerable growth possibilities for market vendors. Moreover, with increasing urbanization and globalization trends, home décor has become more popular in both developed and emerging economies such as India, Brazil, and China. This increase in home decor is boosting the demand for window covering in the residential sector.

 

Moreover, different technologies and improvements, such as sensor-based window coverings, together with an increase in the number of smart homes, provide growth potential. The market faces a challenge from the easy availability of low-quality and counterfeit products at low rates, as well as the major slowing of the supply chain caused by the COVID-19 virus outbreak.

 

Gather more insights about the market drivers, restrains and growth of the Window Covering Market

 

Smart window solutions are bringing connected shades, blinds, and curtains to the home interior, significantly improving comfort and convenience while always maintaining the right balance of natural and artificial light, occupant well-being, and everyday conveniences. For example, at the Consumer Electronics Show (CES) 2020 in January 2020, Somfy, a company that specializes in the motorization and connectivity of interior window coverings, exterior shading products, and access management systems, unveiled its new smart shading and its Sonesse ULTRA 30 WireFree Zigbee Li-Ion motor.

 

Moreover, with the emergence of COVID-19, home renovations became more popular, although market sellers reported a drop in bespoke window covering sales. This was in keeping with the ban on house visits. In addition, a sizable DIY industry has evolved as a means of facilitating economical restoration.

 

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Window Coverings Market Segmentation

 

Grand View Research has segmented the global window coverings market report on the basis of type, application, installation, distribution channel, technology, and region:

 

Window Coverings Type Outlook (Revenue, USD Million; Volume, Million Sq. Ft., 2018 - 2030)

 

  • Blinds Shades
  • Curtains Drapes
  • Shutters
  • Others

 

Window Coverings Application Outlook (Revenue, USD Million; Volume, Million Sq. Ft., 2018 - 2030)

 

  • Residential
  • Commercial

 

Window Coverings Distribution Channel Outlook (Revenue, USD Million; Volume, Million Sq. Ft., 2018 - 2030)

 

  • Online
  • Offline
    • Supermarkets/Hypermarkets
    • Specialty Stores
    • Multi Brand Stores

 

Window Coverings Installation Outlook (Revenue, USD Million; Volume, Million Sq. Ft., 2018 - 2030)

 

  • New Construction
  • Retrofit

 

Window Coverings Technology Outlook (Revenue, USD Million; Volume, Million Sq. Ft., 2018 - 2030)

 

  • Automatic
  • Manual

 

Window Coverings Regional Outlook (Revenue, USD Million; Volume, Million Sq. Ft., 2018 - 2030)

 

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia New Zealand
  • Central South America
    • Brazil
    • Argentina
  • Middle East Africa
    • UAE
    • South Africa

 

Key Companies profiled:

 

  • Hunter Douglas Inc.
  • Lotus Windoware, Inc.
  • Bombay Dyeing Manufacturing Co Ltd.
  • Insolroll Window Shading Systems
  • Springs Window Fashions
  • Welspun
  • SKANDIA WINDOW FASHIONS, INC.
  • MechoShade Systems, LLC
  • Lafayette Interior Fashions
  • COMFORTEX WINDOW FASHIONS

 

 

Key Window Covering Company Insights

 

Some of the key operating players in the window coverings market are Hunter Douglas Inc., Lotus Windoware, Inc., Bombay Dyeing Manufacturing Co Ltd., Insolroll Window Shading Systems, Springs Window Fashions, and Welspun

 

  • Hunter Douglas Inc. is a leading manufacturer of window coverings and architectural products. It operates through three main segments such as window coverings, architectural products, and metals trading segments. The company offers its window covering products under different brands in different regions such as Luxaflex in Europe and Australia for the residential segment, Levolor in North America and Hillarys in the UK Hunter Douglas Inc. comprises 133 companies with 47 manufacturing sites and 86 assembly operations.
  • MechoShade Systems, LLC is an emerging manufacturer of automated window coverings and provides its product solutions in industries like Healthcare, architects, construction sites, interior designer, developer, engineer, and more. The company’s shades reduce solar heat gain and glare which has been proven to improve occupant performance and building efficiency. Its innovative Mecho solutions provide the optimal light and ideal comfort for guests of hotels, conference centers, health clubs, and other hospitality amenities worldwide

 

 

Recent Developments

 

  • In February 2022, Springs Window Fashions acquired the assets of NuLEDs to strengthen its position in the Power-over-Ethernet (PoE) shade market. The intellectual property of NuLED presents a unique opportunity for Mecho in automated shade systems.
  • In March 21, 2022, com announced the release of two motorised Architect roller shades with new Eve MotionBlinds and Apple HomeKit technology. The Eve MotionBlinds motors are the connected blinds and shades motors that enable thread smart home technologies in addition to Bluetooth functionality.
  • In August 2020, com, a Home Depot Company, expanded its popular cellular shades line to include a comprehensive, integrated system that could cover any window in the house, offering customers the advantages of cordless operation without the need for motorization.
  • In July 2020, Hunter Douglas introduced the Designer Roller Duolite Shade, a roller shade that combines a translucent fabric for light diffusion and a thick liner for room darkening.

 

 

Order a free sample PDF of the Window Covering Market Intelligence Study, published by Grand View Research.

 

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