Curtains Market

The article discusses the current trends and future projections for the global market for curtains and interior blinds. With an expected increase in demand worldwide, the market is forecasted to grow at a steady rate over the period from 2022 to 2030. The article provides detailed information on market performance, consumption patterns, production volumes, imports, and exports. Key insights include the top consuming and producing countries, as well as the dominant product types in the market. Overall, the global market for curtains and interior blinds shows promising growth opportunities in the coming years.

Market Forecast

Driven by increasing demand for curtains and interior blinds worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.2% for the period from 2022 to 2030, which is projected to bring the market volume to 4.9B square meters by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.4% for the period from 2022 to 2030, which is projected to bring the market value to $16B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Curtains And Interior Blinds

In 2022, the amount of curtains and interior blinds consumed worldwide totaled 4.4B square meters, rising by 2.2% compared with the previous year's figure. The total consumption volume increased at an average annual rate of +1.7% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Global consumption peaked at 4.5B square meters in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

The global curtains market size amounted to $12.3B in 2022, picking up by 1.7% 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). Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the global market attained the maximum level at $13.5B in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (1B square meters), the United States (696M square meters) and India (360M square meters), with a combined 47% share of global consumption. Pakistan, Indonesia, the UK, Bangladesh, Germany, Japan, France, Ethiopia, Democratic Republic of the Congo and Iran lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the biggest increases were recorded for Democratic Republic of the Congo (with a CAGR of +5.9%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, China ($2.5B), the United States ($1.7B) and Pakistan ($643M) were the countries with the highest levels of market value in 2022, with a combined 40% share of the global market. Indonesia, India, the UK, Germany, Bangladesh, Japan, France, Democratic Republic of the Congo, Ethiopia and Iran lagged somewhat behind, together accounting for a further 23%.

Democratic Republic of the Congo, with a CAGR of +8.1%, recorded the highest growth rate of market size in terms of the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of curtains per capita consumption in 2022 were the United States (2,077 square meters per 1000 persons), the UK (1,762 square meters per 1000 persons) and France (1,352 square meters per 1000 persons).

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by Germany (with a CAGR of +3.8%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Curtains And Interior Blinds

In 2022, the amount of curtains and interior blinds produced worldwide rose slightly to 4.6B square meters, picking up by 1.7% on the previous year's figure. The total output volume increased at an average annual rate of +1.8% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the production volume increased by 27% against the previous year. Global production peaked at 4.7B square meters in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In value terms, curtains production shrank modestly to $16B in 2022 estimated in export price. The total output value increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by 16% against the previous year. Over the period under review, global production reached the peak level at $19.8B in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Production By Country

The country with the largest volume of curtains production was China (2.4B square meters), comprising approx. 53% of total volume. Moreover, curtains production in China exceeded the figures recorded by the second-largest producer, India (399M square meters), sixfold. The third position in this ranking was taken by Mexico (179M square meters), with a 3.9% share.

In China, curtains production increased at an average annual rate of +3.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (+0.3% per year) and Mexico (+4.0% per year).

Imports

World Imports of Curtains And Interior Blinds

After six years of growth, supplies from abroad of curtains and interior blinds decreased by -15.7% to 2B square meters in 2022. The total import volume increased at an average annual rate of +3.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. As a result, imports attained the peak of 2.3B square meters, and then fell significantly in the following year.

In value terms, curtains imports dropped to $4.9B in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of $5.5B, and then declined in the following year.

Imports By Country

The United States was the main importer of curtains and interior blinds in the world, with the volume of imports amounting to 538M square meters, which was near 27% of total imports in 2022. Germany (172M square meters) took the second position in the ranking, followed by France (102M square meters) and Japan (95M square meters). All these countries together took near 19% share of total imports. The UK (85M square meters), Canada (61M square meters), Poland (55M square meters), Italy (55M square meters), the Netherlands (47M square meters), Slovakia (43M square meters), Sweden (38M square meters), Spain (36M square meters) and Australia (31M square meters) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to curtains imports into the United States stood at +3.2%. At the same time, Slovakia (+34.2%), Poland (+15.0%), Italy (+8.7%), Sweden (+5.5%), the Netherlands (+5.2%), Spain (+5.0%), Canada (+4.3%), Germany (+3.5%), France (+3.5%) and Australia (+1.7%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing importer imported in the world, with a CAGR of +34.2% from 2012-2022. Japan experienced a relatively flat trend pattern. By contrast, the UK (-1.7%) illustrated a downward trend over the same period. While the share of Slovakia (+2 p.p.) and Poland (+1.8 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of Japan (-1.8 p.p.) and the UK (-2.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($1.3B) constitutes the largest market for imported curtains and interior blinds worldwide, comprising 27% of global imports. The second position in the ranking was taken by Germany ($499M), with a 10% share of global imports. It was followed by Japan, with a 5.4% share.

In the United States, curtains imports increased at an average annual rate of +2.7% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+1.2% per year) and Japan (+0.4% per year).

Imports By Type

Curtains (including drapes) and interior blinds, curtain or bed valances; of synthetic fibres, not knitted or crocheted dominates imports structure, reaching 1.4B square meters, which was near 72% of total imports in 2022. Curtains (including drapes) and interior blinds, curtain or bed valances; of textile materials other than cotton or synthetic fibres, not knitted or crocheted (179M square meters) held the second position in the ranking, followed by curtains (including drapes) and interior blinds; curtain or bed valances, knitted or crocheted, of synthetic fibres (167M square meters) and curtains (including drapes) and interior blinds, curtain or bed valances; of cotton, not knitted or crocheted (160M square meters). All these products together held approx. 26% share of total imports. Curtains (including drapes) and interior blinds; curtain or bed valances, knitted or crocheted, of textile materials other than cotton or synthetic fibres (49M square meters) followed a long way behind the leaders.

Curtains (including drapes) and interior blinds, curtain or bed valances; of synthetic fibres, not knitted or crocheted was also the fastest-growing in terms of imports, with a CAGR of +4.4% from 2012 to 2022. At the same time, curtains (including drapes) and interior blinds, curtain or bed valances; of textile materials other than cotton or synthetic fibres, not knitted or crocheted (+3.7%) and curtains (including drapes) and interior blinds; curtain or bed valances, knitted or crocheted, of synthetic fibres (+3.5%) displayed positive paces of growth. Curtains (including drapes) and interior blinds; curtain or bed valances, knitted or crocheted, of textile materials other than cotton or synthetic fibres experienced a relatively flat trend pattern. By contrast, curtains (including drapes) and interior blinds, curtain or bed valances; of cotton, not knitted or crocheted (-2.0%) illustrated a downward trend over the same period. While the share of curtains (including drapes) and interior blinds, curtain or bed valances; of synthetic fibres, not knitted or crocheted (+6.5 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of curtains (including drapes) and interior blinds, curtain or bed valances; of cotton, not knitted or crocheted (-5.7 p.p.) displayed negative dynamics. The shares of the other products remained relatively stable throughout the analyzed period.

In value terms, curtains (including drapes) and interior blinds, curtain or bed valances; of synthetic fibres, not knitted or crocheted ($3.7B) constitutes the largest type of curtains and interior blinds imported worldwide, comprising 74% of global imports. The second position in the ranking was held by curtains (including drapes) and interior blinds, curtain or bed valances; of textile materials other than cotton or synthetic fibres, not knitted or crocheted ($403M), with an 8.2% share of global imports. It was followed by curtains (including drapes) and interior blinds, curtain or bed valances; of cotton, not knitted or crocheted, with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of the value of curtains (including drapes) and interior blinds, curtain or bed valances; of synthetic fibres, not knitted or crocheted imports totaled +3.4%. With regard to the other imported products, the following average annual rates of growth were recorded: curtains (including drapes) and interior blinds, curtain or bed valances; of textile materials other than cotton or synthetic fibres, not knitted or crocheted (+0.5% per year) and curtains (including drapes) and interior blinds, curtain or bed valances; of cotton, not knitted or crocheted (-4.2% per year).

Import Prices By Type

In 2022, the average curtains import price amounted to $2.5 per square meter, rising by 6.6% against the previous year. In general, the import price, however, recorded a mild decrease. Global import price peaked at $2.9 per square meter in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by the product type; the product with the highest price was curtains (including drapes) and interior blinds, curtain or bed valances; of synthetic fibres, not knitted or crocheted ($2.6 per square meter), while the price for curtains (including drapes) and interior blinds; curtain or bed valances, knitted or crocheted, of textile materials other than cotton or synthetic fibres ($1.6 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by curtains (including drapes) and interior blinds, curtain or bed valances; of synthetic fibres, not knitted or crocheted (-0.9%), while the other products experienced a decline in the import price figures.

Import Prices By Country

In 2022, the average curtains import price amounted to $2.5 per square meter, with an increase of 6.6% against the previous year. Overall, the import price, however, showed a mild decrease. Over the period under review, average import prices reached the peak figure at $2.9 per square meter in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($5.2 per square meter), while Slovakia ($0.7 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+4.8%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Curtains And Interior Blinds

After six years of growth, shipments abroad of curtains and interior blinds decreased by -15.6% to 2.1B square meters in 2022. Over the period under review, total exports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 17%. As a result, the exports reached the peak of 2.5B square meters, and then declined significantly in the following year.

In value terms, curtains exports contracted to $5.7B in 2022. The total export value increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year. As a result, the exports attained the peak of $6.4B, and then reduced in the following year.

Exports By Country

China prevails in exports structure, finishing at 1.4B square meters, which was approx. 68% of total exports in 2022. It was distantly followed by Mexico (152M square meters), making up a 7.2% share of total exports. Germany (72M square meters), Turkey (64M square meters), India (52M square meters) and Poland (43M square meters) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +3.2% from 2012 to 2022. At the same time, Mexico (+21.4%), Turkey (+10.7%), Germany (+2.2%) and Poland (+2.0%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter exported in the world, with a CAGR of +21.4% from 2012-2022. By contrast, India (-3.2%) illustrated a downward trend over the same period. Mexico (+5.7 p.p.) significantly strengthened its position in terms of the global exports, while India and China saw its share reduced by -2.4% and -2.6% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($2.9B) remains the largest curtains supplier worldwide, comprising 50% of global exports. The second position in the ranking was taken by Mexico ($499M), with an 8.7% share of global exports. It was followed by Germany, with a 5.2% share.

In China, curtains exports increased at an average annual rate of +2.5% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Mexico (+15.3% per year) and Germany (+0.1% per year).

Exports By Type

Curtains (including drapes) and interior blinds, curtain or bed valances; of synthetic fibres, not knitted or crocheted dominates exports structure, amounting to 1.7B square meters, which was approx. 82% of total exports in 2022. Curtains (including drapes) and interior blinds; curtain or bed valances, knitted or crocheted, of synthetic fibres (152M square meters) ranks second in terms of the total exports with a 7.2% share, followed by curtains (including drapes) and interior blinds, curtain or bed valances; of cotton, not knitted or crocheted (5.4%). Curtains (including drapes) and interior blinds, curtain or bed valances; of textile materials other than cotton or synthetic fibres, not knitted or crocheted (69M square meters) and curtains (including drapes) and interior blinds; curtain or bed valances, knitted or crocheted, of textile materials other than cotton or synthetic fibres (38M square meters) took a minor share of total exports.

Curtains (including drapes) and interior blinds, curtain or bed valances; of synthetic fibres, not knitted or crocheted was also the fastest-growing in terms of exports, with a CAGR of +5.8% from 2012 to 2022. Curtains (including drapes) and interior blinds; curtain or bed valances, knitted or crocheted, of synthetic fibres experienced a relatively flat trend pattern. curtains (including drapes) and interior blinds, curtain or bed valances; of textile materials other than cotton or synthetic fibres, not knitted or crocheted (-2.8%), curtains (including drapes) and interior blinds, curtain or bed valances; of cotton, not knitted or crocheted (-4.0%) and curtains (including drapes) and interior blinds; curtain or bed valances, knitted or crocheted, of textile materials other than cotton or synthetic fibres (-6.0%) illustrated a downward trend over the same period. Curtains (including drapes) and interior blinds, curtain or bed valances; of synthetic fibres, not knitted or crocheted (+15 p.p.) significantly strengthened its position in terms of the global exports, while curtains (including drapes) and interior blinds; curtain or bed valances, knitted or crocheted, of synthetic fibres, curtains (including drapes) and interior blinds, curtain or bed valances; of textile materials other than cotton or synthetic fibres, not knitted or crocheted, curtains (including drapes) and interior blinds; curtain or bed valances, knitted or crocheted, of textile materials other than cotton or synthetic fibres and curtains (including drapes) and interior blinds, curtain or bed valances; of cotton, not knitted or crocheted saw its share reduced by -2.9%, -3%, -3% and -6.2% from 2012 to 2022, respectively.

In value terms, curtains (including drapes) and interior blinds, curtain or bed valances; of synthetic fibres, not knitted or crocheted ($4.5B) remains the largest type of curtains and interior blinds supplied worldwide, comprising 79% of global exports. The second position in the ranking was taken by curtains (including drapes) and interior blinds; curtain or bed valances, knitted or crocheted, of synthetic fibres ($443M), with a 7.7% share of global exports. It was followed by curtains (including drapes) and interior blinds, curtain or bed valances; of cotton, not knitted or crocheted, with a 5.8% share.

For curtains (including drapes) and interior blinds, curtain or bed valances; of synthetic fibres, not knitted or crocheted, exports expanded at an average annual rate of +5.1% over the period from 2012-2022. For the other products, the average annual rates were as follows: curtains (including drapes) and interior blinds; curtain or bed valances, knitted or crocheted, of synthetic fibres (+1.1% per year) and curtains (including drapes) and interior blinds, curtain or bed valances; of cotton, not knitted or crocheted (-4.2% per year).

Export Prices By Type

In 2022, the average curtains export price amounted to $2.7 per square meter, picking up by 7.1% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The global export price peaked at $2.9 per square meter in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the product type; the product with the highest price was curtains (including drapes) and interior blinds, curtain or bed valances; of textile materials other than cotton or synthetic fibres, not knitted or crocheted ($4.8 per square meter), while the average price for exports of curtains (including drapes) and interior blinds, curtain or bed valances; of synthetic fibres, not knitted or crocheted ($2.6 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by curtains (including drapes) and interior blinds; curtain or bed valances, knitted or crocheted, of textile materials other than cotton or synthetic fibres (+2.5%), while the other products experienced more modest paces of growth.

Export Prices By Country

The average curtains export price stood at $2.7 per square meter in 2022, with an increase of 7.1% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $2.9 per square meter in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Poland ($5.5 per square meter), while China ($2 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.9%), while the other global leaders experienced mixed trends in the export price figures.

Source: IndexBox Market Intelligence Platform