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The global window covering market size was USD 13.04 billion in 2022. The market is projected to grow from USD 13.68 billion in 2023 to USD 19.02 billion in 2030 at a CAGR of 4.82% during 2023-2030. Fortune Business Insights™ presents this information in its report titled “Window Covering Market Size, Share & COVID-19 Impact Analysis, By Type (Blinds & Shades, Shutters, Curtains & Drapes, and Others), By Technology (Manual Covers and Smart Covers), By Application (Residential and Commercial), By Distribution Channel (Offline and Online), and Regional Forecast, 2023-2030”.
The expanding acceptance of bamboo among a broader consumer base presents promising opportunities for window blinds and shade companies that utilize bamboo as their main raw material. The rising demand for eco-friendly products is anticipated to attract new entrants to the market.
Pandemic Induced Disruptions in Supply Chain Which Affected Market Growth
The COVID-19 pandemic had a direct and negative impact on the growth of the market, particularly in the textile industry. The industry faced significant disruptions, especially in Asian countries like India and China, which had a profound effect on the global market. Temporary closures of offline distribution channels greatly affected product sales in the residential sector, while the ban on domestic and international tourism had a detrimental impact on the commercial sector.
SelectBlinds.com Introduced Roller Shades with Smart Home Technology
SelectBlinds.com, an e-commerce brand specializing in customized window decor, unveiled two motorized architect roller shades in March 2022. These shades are equipped with Eve MotionBlinds motors, enabling Bluetooth connectivity and compatibility with thread smart home technology.
Innovations in Home Furnishing Propel Market Growth
In response to growing consumer demand for innovative blinds, several players in the home furnishing industry have actively pursued opportunities in the window-covering market. One notable example is IKEA, a Swedish furniture retailer, which announced its intention in February 2019 to introduce the Gunrid curtains. These curtains incorporate a special fabric infused with a photocatalyst mineral that effectively reduces pollutants on a daily basis, promoting a healthier indoor environment.
However, regulatory constraints and corded blink’s risks pose challenges to window covering market growth.
Market Leaders Embrace Technology and Collaboration to Drive Business Growth
Major market players in the window covering industry are increasingly incorporating technology to meet the demands of consumers, particularly tech enthusiasts, which is expected to fuel the growth of their businesses. Hunter Douglas N.V. established itself as the market leader in 2022, thanks to its globally recognized distribution network. The company experienced a significant increase in net sales for FY 2021, with a total net profit of USD 951 million, compared to FY 2020. Net sales for FY 2021 reached USD 4,292 million, compared to USD 3,351 million in FY 2020.
Top of Form
Notable Industry Development:
List of Key Players Profiled in the Report:
Further Report Findings:
Table of Segmentation
CAGR of 4.82% from 2023 to 2030
Value (USD Billion)
By Distribution Channel
North America (By Type, Technology, Application, Distribution Channel, and by Country)
Europe (By Type, Technology, Application, Distribution Channel, and by Country)
Asia Pacific (By Type, Technology, Application, Distribution Channel, and by Country)
South America (By Type, Technology, Application, Distribution Channel, and by Country)
Middle East and Africa (By Type, Technology, Application, Distribution Channel, and by Country)