Dublin, Aug. 07, 2024 (GLOBE NEWSWIRE) -- The "Global Window Covering Market by Type (Blinds & Shades, Curtains & Drapes, Shutters), Material (Fabric, Metal, Plastic), Window Treatment, Operation, Business Type, Location, Distribution Channel, Application - Forecast 2024-2030" report has been added to ResearchAndMarkets.com's offering.
The Window Covering Market grew from USD 9.35 billion in 2023 to USD 9.92 billion in 2024. It is expected to continue growing at a CAGR of 6.69%, reaching USD 14.73 billion by 2030.
Energy-efficient window covering option is preferred by the majority of consumers. Moreover, cellular shades are in high demand for their temperature control abilities and innovative designs that allow users to open them from top to bottom or bottom to top. Installing custom cellular shades throughout the home is a cost-effective way to save on energy. However, some limitations and the high cost of window covering may restrict the adoption. Eco-friendly and locally sourced materials are expected rise in popularity over the forecast period.
The window covering market in the Americas is highly developed and advancing, attributed to the growing number of residential & non-residential buildings and the presence of several native players. Several countries in the American region experience extreme weather conditions, particularly in winter, increasing the deployment scope for window coverings to maintain the temperature within the room.
The window covering the market in Asia-Pacific is showcasing rapid growth based on large-scale textile manufacturers, increasing population, and associated residential areas. The dynamic weather conditions in Europe, the Middle East, and Africa region creates the need for various types of window covering to suit the weather conditions. The ongoing new construction and renovation activities and consumer focus on energy saving and sustainable coverings support the growth of window covering in the region.
Recent Developments
Graber Rolls Out Expansion of Innovative Visualizer Tool, Boosting Consumer Confidence in Window Treatment Purchase Decisions
Graber, a window covering company, recently announced the launch of an innovative Visualizer tool designed to provide their customers with greater confidence when selecting their window treatment purchase decisions. Through a high-tech interface, this state-of-the-art technology allows users to virtually try-on various blinds and shades styles before committing to a purchase.
This tool is sure to be invaluable in helping customers visualize how their treatments might look and function in numerous settings, whether it be for style, colors, or customizing options such as length, tilt direction and light control functions. With this enhancement of the online buying experience, Graber continues to show its commitment to providing quality products and offering unmatched convenience on the best window treatments available today.
Home furnishing innovator DIY Blinds secures USD15 million investment from Australian Business Growth Fund
Setting up a window covering business can be a great investment, and DIY Blinds' success is no exception. With the support of an Australian Business Growth Fund and their team, DIY Blinds has been able to reap success and noticeable growth year after year. Growing from a family-run business in Adelaide since 1999 into an industry leader across Australia, they now offer thousands of products in hundreds of colours, styles and materials to meet customers' needs. Their commitment to quality, affordability and sustainability throughout the years has played a large part in their successful journey. With more businesses like DIY Blinds taking the initiative to invest in their growth, this will be a positive sign for Australia's economy as the sector continues to thrive.
Window furnishing innovator receives funding with NAB and ABGF
Window Coverings Co, an Australian-based innovator in window furnishing technologies, recently received significant funding from both NAB and ABGF. This exciting venture is set to revolutionise how we experience windows in our homes and businesses. With the help of their cutting-edge technology, consumers are now able to design and control their own window coverings with unparalleled accuracy, through an ever-improving range of designs that satisfy different aesthetic needs. New functions such as automated opening and closing mean that managing window coverings is more efficient than ever before.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 194 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value (USD) in 2024 | $9.92 Billion |
| Forecasted Market Value (USD) by 2030 | $14.73 Billion |
| Compound Annual Growth Rate | 6.6% |
| Regions Covered | Global |
Market Dynamics
Market Segmentation Analysis
- Type: Innovations in motorization and smart home integration increase the demand for blinds & shades
- Operation: Rising usage of smart covers owing to the consumer demand for advanced features
Market Drivers
- Surge in commercial real estate transactions
- High penetration of soft coverings in residential area
- Increasing building alterations or renovations
Market Restraints
- Certain limitations and high cost of the window coverings
Market Opportunities
- Rising adoption of smart window coverings
- Growing technological advancements in window coverings & materials
Market Challenges
- Government regulations associated with corded window coverings
Industry Insights
- Market Disruption Analysis
- Porter's Five Forces Analysis
- Value Chain & Critical Path Analysis
- Pricing Analysis
- Technology Analysis
- Patent Analysis
- Trade Analysis
- Regulatory Framework Analysis
Key Company Profiles
- Budget Blinds, LLC
- Ching Feng Home Fashions Co., Ltd.
- Comfortex Window Fashions
- Coulisse B.V.
- Decora Blind Systems Ltd.
- Draper Inc.
- Griesser AG
- Himalaya-Shutters
- Hunter Douglas N.V.
- Innovative Openings, Inc.
- Inpro Corporation
- Inter IKEA Holding B.V.
- Kvadrat A/S
- Lafayette Venetian Blind, Inc.
- Louvolite
- Markisol
- Nanik Japan, Inc.
- Nichibei Co., Ltd.
- Nien Made Enterprise Co., Ltd.
- Norman Window Fashions
- Persan Home Studio
- Polar Shades Sun Control
- ROMA KG
- Skandia Window Fashions, Inc.
- Springs Window Fashions, LLC
- Tachikawa Corporation
- The Bombay Dyeing & Manufacturing Co Ltd.
- The Shade Store, LLC
- TOKYO BLINDS COMPANY LIMITED
- TOSO Company, Limited
- VAKO
- Vista Products Inc.
Market Segmentation & Coverage
Type
- Blinds & Shades
- Curtains & Drapes
- Shutters
Material
- Fabric
- Metal
- Plastic
- Wood
Window Treatment
- Hard Window Treatment
- Layered Window Treatment
- Soft Window Treatment
Operation
- Manual Covers
- Smart Covers
Business Type
- Aftermarket
- Original Equipment Manufacturer
Location
- Exterior
- Interior
Distribution Channel
- Offline
- Online
Application
- Commercial
- Residential
Region
Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
For more information about this report visit https://www.researchandmarkets.com/r/mfrpmb
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