Domestic Window Covering Market Report

Market Insights

The Global Domestic Window Coverings Market is expected to grow from USD 25.7 billion in 2020 to USD 32.6 billion by 2026 at a CAGR of over 4.1% during the forecast period.

Figure: Global Domestic Window Coverings Market Size, 2020-2026 (USD Billion)

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What are Window coverings?

Window coverings are often used to control the amount of light entering the room or for privacy. Curtains, blinds & shades, and shutters are being primarily used to cover the windows. Blinds and shades were the majorly used type of window covering in 2020 and its demand is likely to increase with technological advancements. Shutters are primarily used for exterior window covering.

Key Players

Key players operating in the global Domestic Window Coverings market are-

• Hunter Douglas N.V. (Netherlands),
• Bombay Dyeing & Manufacturing Company Limited (India),
• Lotus & Windoware, Inc. (China),
• Insolroll Inc (The U.S.),
• Welspun Group (India),
• Mariak (The U.S.),
• MechoShade Systems, LLC (The U.S.),
• Skandia Window Fashions (The U.S.),
• Comfortex Window Fashions (The U.S.), and
• Lafayette Interior Fashions (The U.S.).

Market Dynamics

Growing hospitality industry is likely to have tremendous impact on the growth of the window covering market.

• The growth of the window covering market is primarily driven by increasing urbanization coupled with increasing purchasing power.
• Increasing residential construction activities across geographies is expected to spur the market growth at a significant rate.
• Increasing spending on home décor and changing wall paint coupled with adoption of western culture is likely to fuel the product demand.

Segment Analysis

Application Trends

The residential segment accounted for around 55% share of the global window covering market and is expected to grow at a significant CAGR during the review period.

Based on application, the domestic window covering market has been segmented into residential and commercial. Increasing residential construction in both developed and developing countries is the prime factor propelling the market growth.

Regional Trends

North America accounted for the largest market share in 2020 owing to high demand for innovative and technologically advanced product.

Geographically, the market in North America accounted for the largest market share in 2020 owing to high demand for innovative and technologically advanced product.

• The market in Asia-Pacific is expected to register highest growth during the forecast period.
• This market growth can be attributed to increasing number of households in countries including China and India coupled with changing living standards and rising per capita disposable income.
• Growing tourism industry in Thailand and Malaysia is likely to propel the market growth.

COVID-19 Impact on Global Domestic Window Coverings Market

The spread of coronavirus affected the growth of the construction, hospitality, and tourism industries due to the enforcement of lockdown to curb the spread of the virus. This led to travel restrictions and supply chain disruptions. Additionally, various construction projects were postponed or cancelled, and construction sites were shut due to social distancing norms. However, with the lift of lockdown, the end-use industries have gained momentum and are likely to drive the market growth at a healthy rate during the review period.

Critical Questions Answered in the Report

• What are the key trends in the global domestic window coverings market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in next five years?
• What is the impact of COVID-19 on global domestic window coverings market?
• What are the key strategies adopted by the major vendors to lead in the global domestic window coverings market?
• What is the market share of the top vendors?

Target Audience

Here is the list of group of customers that the Domestic window covering market business hopes to have the greatest opportunity to convert-

• Domestic Window Coverings Manufacturers
• Domestic Window Coverings Suppliers
• Domestic Window Coverings Distributors
• Organizations
• Government Bodies

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