Curtains and Window Blinds Market Analysis by Trends, Forecasts and Regions
The curtains and window blinds market is expected to witness a lucrative rate of growth over the period 2021-2027 due to changing preference towards home decor trends. There is also a rising inclination of consumers towards velvet and other man-made fibers and new product innovation and development. Curtains are generally decorative materials or fabrics which are suspended from the above as a screen to block air drafts or obscure light. Window blinds or blinds are sheath-type coverings mainly of wood, metal, jute or any other fabric which can be pulled downwards from a channel or roller.
The curtains and window blinds market is segmented in terms of materials (separate sections for curtains, window, blinds), product, distribution channel, end-use, price range, and regional landscape. With respect to materials for curtains, the market is classified into polyester, linen, cotton, and others. Among these, the other materials accounted for an overall revenue share of over 10% in 2020 and is projected to follow a robust growth trend over the coming years.
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With respect to materials for window blinds, the market is classified into meta, PVC, wood, linen, cotton, and others. Among these, cotton material segment is projected to witness a 3% CAGR up to 2027. Linen segment is expected to witness around 2.5% CAGR. In 2020, the other materials segment garnered a revenue share of over 20% and is forecasted to progress at rapid pace over the same time period.
In terms of product for curtains, the market is bifurcated into eyelet (grommet) curtains and drapery, goblet pleat curtains and drapery, pinch pleat curtains and drapery, box pleat curtains, and others. Among these, the goblet pleat industry share is slated to grow at a CAGR of more than 4% through 2027. Meanwhile, the others segment garnered a volume share over 10% in 2020 and will show robust growth over a similar timeframe.
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Based on curtain products, the market is categorized into connected, window screens, window shades, and window blinds. In 2020, the window screens segment garnered a revenue share of around 10% and will exhibit strong growth. In terms of distribution channel, the overall market is classified into e-commerce, B2C, and B2B. Among these, product sales from B2B segment is expected to grow at a CAGR of 3% through 2027.
With respect to price range, the market for curtains and window blinds is categorized into low, medium, and high. Among these, high price range segment will garner a volume share of more than over 10% by the end of the analysis timeline.
From a regional frame of reference, in 2020, North America gathered a revenue share of around 29% and is expected to showcase a promising growth rate during the study period. Meanwhile, curtains and window blinds market in Middle East and Africa regions will gather a volume share of over 5% by the end of 2027.
About Author
Rahul Varpe
Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid...