Southern Asia: Curtains Market 2025

Curtains Market Size in Southern Asia

The South Asian curtains market stood at $X in 2022, picking up by 3.1% against the previous year. The market value increased at an average annual rate of +2.9% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Curtains Production in Southern Asia

In value terms, curtains production amounted to $X in 2022 estimated in export price. The total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.5% against 2020 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by 23%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Curtains Exports

Exports in Southern Asia

In 2022, after two years of growth, there was decline in overseas shipments of curtains and interior blinds, when their volume decreased by -3.8% to X square meters. Overall, exports saw a slight slump. The most prominent rate of growth was recorded in 2020 with an increase of 18%. The volume of export peaked at X square meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, curtains exports contracted to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 25% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India represented the major exporting country with an export of around X square meters, which finished at 57% of total exports. Pakistan (X square meters) held the second position in the ranking, distantly followed by Bangladesh (X square meters). All these countries together took approx. 42% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of +2.3%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest curtains supplying countries in Southern Asia were India ($X), Pakistan ($X) and Bangladesh ($X), with a combined 99% share of total exports.

In terms of the main exporting countries, Bangladesh, with a CAGR of +3.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Southern Asia stood at $X per square meter in 2022, shrinking by -7.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The pace of growth was the most pronounced in 2013 when the export price increased by 13%. Over the period under review, the export prices hit record highs at $X per square meter in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($X per square meter), while Bangladesh ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.0%), while the other leaders experienced mixed trends in the export price figures.

Curtains Imports

Imports in Southern Asia

Curtains imports soared to X square meters in 2022, increasing by 34% against the previous year's figure. Overall, imports saw a remarkable increase. The pace of growth appeared the most rapid in 2019 with an increase of 158%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, curtains imports skyrocketed to $X in 2022. In general, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 102% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

India dominates imports structure, accounting for X square meters, which was approx. 83% of total imports in 2022. It was distantly followed by Nepal (X square meters), making up a 6.1% share of total imports. Maldives (X square meters), Pakistan (X square meters), Bangladesh (X square meters) and Afghanistan (X square meters) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to curtains imports into India stood at +20.1%. At the same time, Nepal (+44.7%), Afghanistan (+14.8%), Pakistan (+11.7%) and Maldives (+11.5%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +44.7% from 2012-2022. By contrast, Bangladesh (-6.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India and Nepal increased by +19 and +5.4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported curtains and interior blinds in Southern Asia, comprising 79% of total imports. The second position in the ranking was held by Nepal ($X), with a 5% share of total imports. It was followed by Maldives, with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to +14.5%. In the other countries, the average annual rates were as follows: Nepal (+46.9% per year) and Maldives (+5.8% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per square meter, falling by -5.2% against the previous year. Overall, the import price recorded a noticeable descent. The most prominent rate of growth was recorded in 2018 when the import price increased by 26%. Over the period under review, import prices hit record highs at $X 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 Pakistan ($X per square meter), while Nepal ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nepal (+1.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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