Window Covering Market Size, Share, Growth Analysis, By Application(Residential and Commercial), By Distribution Channels(Online and Offline), By Region - Industry Forecast 2024-2031

Global Window Covering Market size was valued at USD 34.70 Billion in 2022 and is poised to grow from USD 37.37 Billion in 2023 to USD 67.65 Billion by 2031, at a CAGR of 7.7%during the forecast period (2024-2031).

As the world gets increasingly urbanised, homes are being modified and redone to include social and private spaces that reflect the idea of shared living. This creates new opportunities for market vendors that are investigating growth and consumption in the residential and commercial sectors. In addition to enhancing interior space privacy, window coverings have evolved to become a significant component of house décor. In terms of commercial energy efficiency measures, these covers enhance functionality. The market is anticipated to expand as a result of government programmes aimed at boosting home construction and remodelling throughout numerous regions. For instance, the National House Building Council (NHBC) reported that 161,022 new dwellings were registered with the organisation, representing a 1% increase in the number of new homes registered to be built in the United Kingdom. The government also intends to increase yearly construction to 300,000 by 2025 through the employment of councils, housing organisations, and private homebuilders. The programme or plan had obtained financial support from the GoI as of August 26th, 2021, totalling about 31 billion.

US Window Covering Market is poised to grow at sustainable CAGR for the next forecast year.