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World - Curtains And Interior Blinds - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

World - Curtains And Interior Blinds - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Aug 13, 2020

Affected by the Pandemic, the Global Curtain Market to Lose Growth Momentum

IndexBox has just published a new report: 'World - Curtains And Interior Blinds - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

The Growth of the Global Curtains Market Softened by 2020

The global curtains market was estimated at $15.3B in 2019 (IndexBox estimates), remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price).

In 2019, the curtain and interior blind market increased to 2.2M tons, which remained relatively unchanged against the year before. Overall, there was an upward trend of curtain and interior blind consumption - the average annual growth rate stood at +1.0% per year from 2007-2019. After 2015, the growth of consumption accelerated amid lower prices for blind and shades and strong construction growth worldwide, particularly in the U.S. and Europe. In 2019, however, the market growth lost its previous strong momentum, hampered by a slowdown in the global economy and rising both political and trade tensions in the world.

China (338K tons) constituted the country with the largest volume of curtains consumption, accounting for 16% of total volume. Moreover, curtains consumption in China exceeded the figures recorded by the second-largest consumer, India (140K tons), twofold. The third position in this ranking was occupied by the U.S. (137K tons), with a 6.3% share.

From 2007 to 2019, the average annual growth rate of volume in China totaled +1.8%. In the other countries, the average annual rates were as follows: India (+1.6% per year) and the U.S. (-0.1% per year).

In value terms, China ($2.1B), the U.S. ($1.4B) and the UK ($1.3B) were the countries with the highest levels of market value in 2019, with a combined 31% share of the global market. These countries were followed by Japan, Pakistan, Bangladesh, Indonesia, India, Nigeria, Brazil, Ethiopia and Mexico, which together accounted for a further 20%.

The countries with the highest levels of curtains per capita consumption in 2019 were the UK (967 kg per 1000 persons), Japan (560 kg per 1000 persons) and the U.S. (416 kg per 1000 persons).

From 2007 to 2019, the most notable rate of growth in terms of curtains per capita consumption, amongst the key consuming countries, was attained by Brazil, while curtains per capita consumption for the other global leaders experienced more modest paces of growth.

The Severe Effect of the COVID Pandemic Puts a Drag on the Market Growth

Fundamentally, curtain and interior blind consumption is to follow the growth of global construction and consumer incomes, which both more broadly depend on general economic development.

Until 2020, the global economy has been developing steadily for five years, although at a slower pace than in the previous decade. In early 2020, however, the global economy entered a period of the crisis caused by the outbreak of the COVID-19 pandemic. According to World Bank forecasts, despite the gradual relaxing of restrictive measures and unprecedented government support in countries that faced the pandemic in early 2020, the annual decline of global GDP could amount to -5.2%, which is the deepest global recession being seen over the past eight decades.

The construction sector is to suffer heavily from the pandemic as falling incomes make mortgage loans less affordable. On the other hand, many countries are taking unprecedented measures of state support for the economy and household income, which is to support the recovery of construction. In addition, prolonged isolation can cause people to change something in their home interiors, which can increase consumer interest in curtains.

Taking into account the above, it is expected that in 2020 the global consumption of curtains will stagnate at about the level of 2019. In the medium term, as the global economy recovers from the effects of the pandemic, the market is expected to grow gradually. Overall, market performance is forecast to pursue a slightly upward trend over the next decade, expanding with an anticipated CAGR of +0.3% for the period from 2019 to 2030, which is projected to bring the market volume to 2.2M tons by the end of 2030.

The U.S. Remains the Largest Market for Imported Curtain and Interior Blinds

In 2019, supplies from abroad of curtains and interior blinds decreased by -7.9% to 517K tons for the first time since 2012, thus ending a six-year rising trend. The total import volume increased at an average annual rate of +1.6% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010 when imports increased by 15% against the previous year. Over the period under review, global imports attained the peak figure at 562K tons in 2018, and then declined in the following year.

In value terms, curtains imports contracted to $4.6B (IndexBox estimates) in 2019. The total import value increased at an average annual rate of +1.8% from 2007 to 2019; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2010 with an increase of 13% against the previous year. Over the period under review, global imports reached the peak figure at $4.7B in 2018, and then declined in the following year.

In 2019, the U.S. (131K tons) was the key importer of curtains and interior blinds, making up 25% of total imports. It was distantly followed by Germany (45K tons), the UK (34K tons), Japan (28K tons) and France (25K tons), together generating a 25% share of total imports. The following importers - Belgium (14K tons), Canada (12K tons), Spain (10K tons), Russia (10K tons), the Philippines (9.6K tons), Italy (9.5K tons) and Sweden (9.4K tons) - together made up 15% of total imports.

The U.S. experienced a relatively flat trend pattern with regard to volume of imports of curtains and interior blinds. At the same time, the Philippines (+33.1%), Russia (+8.4%), Germany (+4.8%), Spain (+3.3%), Belgium (+2.6%), Canada (+1.8%), France (+1.5%) and Japan (+1.1%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in the world, with a CAGR of +33.1% from 2007-2019. Sweden experienced a relatively flat trend pattern. By contrast, the UK (-1.5%) and Italy (-1.6%) illustrated a downward trend over the same period.

In value terms, the U.S. ($1.4B) constitutes the largest market for imported curtains and interior blinds worldwide, comprising 30% of global imports. The second position in the ranking was occupied by Germany ($485M), with a 11% share of global imports. It was followed by the UK, with a 5.6% share.

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Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global curtains market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 13921530 - Curtains and interior blinds, curtain or bed valances, of knitted or crocheted materials
  • Prodcom 13921550 - Curtains and interior blinds, curtain or bed valances, of woven materials
  • Prodcom 13921570 - Curtains and interior blinds, curtain or bed valances, of nonwoven materials

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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