Window Covering Market to Reach a Valuation of USD 20.63 Billion by 2032; Nice Announced the Launch of its Innovative New Collection of Smart Sun Shades to Broaden its Portfolio

The global window covering market size stood at USD 13.68 billion in 2023. The market value is slated to rise from USD 14.36 billion in 2024 to USD 20.63 billion by 2032 at a CAGR of 4.63% during 2024-2032. Fortune Business Insights™ presents this information in its report titled “Window Covering Market Size, Share & Industry 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, 2024-2032”.

Window coverings are design elements or modifications which are deployed to a window to enhance a room’s aesthetic appeal, privacy improvement, and light regulation. The creation of window treatments and deployment of innovative technology to improve security and convenience have been observed in the market in recent years. Growing government support coupled with technological advancements are bolstering the market expansion. The entry of new companies into the window covering sector in the coming years is poised to be encouraged by the recent developments in the textile industry, especially in Asia.

The COVID-19 pandemic asserted a negative impact on the market, notably in 2020, owing to the closing down of offline sales channels. Product sales dropped in the household sector and international tourism restrictions affected the growth of the commercial sector. In addition, the market observed a negative impact owing to the supply chain upheavals in the textile industry.

Nice Launched Smart Sun Shades to Expand its Product Portfolio

In July 2023, Nice, a building and home management solutions company based in California, announced the launch of its new and innovative collection of Smart Sun Shades, such as roller shading solutions, for the expansion of its portfolio in home automation solutions. The product offers extensive design alternatives with flexible deployment.

Rapid Progression of Real Estate Industry Bolsters Demand for Window Covering

The growing purchasing power of consumers and urbanization have increased the demand for residential properties. In addition, the surging popularity of modular homes is poised to increase the uptake of advanced products with attributes including connectivity, remote control, and voice commands.

Despite an expanding scope for the adoption of the product, the regulations by the government associated with corded window treatments may impede the window covering market growth.

Prominent Companies Emphasize Product Innovations to Broaden their Portfolio

Market players focus on providing products through online channels for the expansion of their customer base. In addition, a wide range of products are being offered by leading players to expand their portfolio and strengthen their position.

List of Key Players Profiled:

• Hunter Douglas N.V.  (Netherlands)


• Comfortex Window Fashions (U.S)


• Lafayette Interior Fashions (U.S.)


• Polar Shades Sun Control (U.S.)


• Norman International Inc. (U.S.)


• Coulisse (Netherlands)


• LOUVOLITE (U.K.)


• Insolroll Window Shading Systems (U.S.)


• The Shade Store, LLC (U.S.)


• Decora Blind Systems Ltd (U.K.)

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/window-covering-market-104651

Key Industry Development

• September 2023: SelectBlinds, an online retailer in the U.S., announced a collaboration with LEVOLOR, Inc., a window treatment brand in the U.S., to release a new collection of window treatments, including thirteen products across seven categories.

Further Report Findings:

• North America occupied the largest market share in 2023 on the back of promotional and marketing activities by major market players, which boosted awareness about window treatments for home décor applications.


• Europe’s market for window covering is quickly expanding due to the surging awareness of environmental protection, which increases the demand for eco-friendly products made using sustainable materials, including organic cotton, bamboo, and recycled plastic.


• By type, the market is classified into curtains & drapes, blinds & shades, shutters, and others. The blinds & shades segment registered the largest window covering market share in 2023. Blinds & shades are reasonably priced, which makes them suitable alternatives for residential applications.

Table of Segmentation