New York – May 10, 2023 - Research Nester’s recent market research report on “Curtains and Window Blinds Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitor’s analysis and a detailed overview in terms of market segmentation by material, product, distribution channel, price range, end user, and by region.
Growing Urbanization to Promote Global Market Share of Curtains and Window Blinds
The growth of the curtains and window blinds market is attributed to increasing urbanization, which continues to drive construction activity. About 4.4 billion people, or 56% of the world's population, live in urban areas. By 2050, approximately 7 in 10 people will live in cities, and the urban population is expected to more than double. As a result, this growing urban population demands more housing. Additionally, many business leaders have developed unique solutions, including smart air-purifying blinds and blinds, to differentiate themselves from the competition and transform the business landscape in response to increasing pollution from urbanization.
In addition to this, the demand for smart homes is also growing. According to reports, there are around 170 million smart homes worldwide. Additionally, Americans prefer home automation devices more than people in other countries, with a penetration rate of about 30% and an estimated 40 million smart homes. Therefore, manufacturers are more focused on automatic curtains and blinds.
Some of the major growth factors and challenges that are associated with the growth of the global curtains and window blinds market are:
• Rise in Spending on Home Remodeling
• Increasing Residential & Non-Residential Construction Activities
Window coverings, including blinds, are notoriously ineffective at retaining heat. The main cause is convective heat transfer and fins have no role in preventing this heat loss. In addition, the materials used in blinds, including metal or plastic, are poor conductors of heat. Heat is so easily lost through the slats and into the next room. A worrying shortcoming is that blind mechanisms are prone to breakage, especially when users choose metal or plastic ones. Blinds can become ineffective or broken if users mishandle the cord or slats. Wind gusts can damage blinds and cause them to flap. The ineffectiveness of blinds is some of the major factors anticipated to hamper the curtains and window blinds market size.
Access our detailed report at: on “Curtains and Window Blinds Market Analysis by Material (Cotton, Linen, Polyester, Wood, PVC, Metal); Product (Curtain & Drapes, Window Blinds, Window Shades, Solar Screens, Connected); Distribution Channel (B2B, B2C, E-Commerce); End-User (DIY, and DIFM); Price Range (High, Medium, Low) – Global Supply & Demand Analysis & Opportunity Outlook 2023-2035”
By product, the global curtains and window blinds market is segmented into curtains & drapes, window blinds, window shades, solar screens, and connected. The curtain & drapes segment is to garner the highest revenue by the end of 2035 by growing at a significant CAGR over the forecast period. The acceptance of drapes and curtains is growing among people all over the world. These products are easily affordable and have a simple design. In addition, the atmospheric and aesthetic effect of the living space is significantly enhanced by curtains and drapes, which also serve as privacy screens, air filters for airborne pollutants, and sun protection. In addition, owing to the rising greenhouse gases worldwide, there is a growing demand for blackout curtains. Blackout curtains can block light and heat in the summer and lock in heat in the winter. Around 10 to 24 percent of heating energy is lost through windows. Both energy costs and greenhouse gas emissions could be reduced by about 24% by using blackout blinds to reduce this loss.
By region, the Asia Pacific curtains and window blinds market is to generate the highest revenue by the end of 2035. There is an increasing migration of people to the urban region. In Asia, an additional 1.2 billion people will be living in urban areas by the year 2050, a 50% growth. Hence, it is estimated that this factor is also driving the growth of the market in this region. In addition, there has been a boost in hotel projects due to increasing tourism in this region. With almost 64 million foreign visitors arriving in China in the year 2019, the country received the most visitors in the Asia-Pacific region. In contrast, around 5 million foreign visitors came to Cambodia in the year 2019.
This report also provides the existing competitive scenario of some of the key players of the global curtains and window blinds market which includes company profiling of Draper, Inc., Stevens (Scotland) Ltd, Advanced Window Blinds, Hillarys, and others.