Global Curtains Market 2024

Curtains Market Size

In 2022, the global curtains market increased by 2.2% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption, however, showed a relatively flat trend pattern. Global consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Curtains Production

In value terms, curtains production contracted modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 16%. Over the period under review, global production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Curtains Exports

Exports

After six years of growth, overseas shipments of curtains and interior blinds decreased by -17.9% to X square meters in 2022. Over the period under review, total exports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. As a result, the exports reached the peak of X square meters, and then shrank dramatically in the following year.

In value terms, curtains exports fell to $X in 2022. The total export value increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 22%. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

China dominates exports structure, resulting at X square meters, which was near 69% of total exports in 2022. It was distantly followed by Mexico (X square meters), comprising a 5.4% share of total exports. The following exporters - Turkey (X square meters), Poland (X square meters), Germany (X square meters) and India (X square meters) - each resulted at an 11% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to curtains exports from China stood at +3.2%. At the same time, Mexico (+17.8%), Turkey (+10.7%) and Poland (+5.1%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter exported in the world, with a CAGR of +17.8% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, India (-3.2%) illustrated a downward trend over the same period. Mexico (+4 p.p.) and Turkey (+1.6 p.p.) significantly strengthened its position in terms of the global exports, while India saw its share reduced by -2.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest curtains supplier worldwide, comprising 50% of global exports. The second position in the ranking was held by Mexico ($X), with an 8.8% share of global exports. It was followed by Germany, with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to +2.5%. In the other countries, the average annual rates were as follows: Mexico (+15.3% per year) and Germany (+0.1% per year).

Export Prices by Country

In 2022, the average curtains export price amounted to $X per square meter, with an increase of 7.3% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The global export price peaked at $X 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 Germany ($X per square meter), while China ($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 global leaders experienced more modest paces of growth.

Curtains Imports

Imports

In 2022, the amount of curtains and interior blinds imported worldwide reduced remarkably to X square meters, falling by -17.6% on the year before. The total import volume increased at an average annual rate of +2.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of X square meters, and then declined markedly in the following year.

In value terms, curtains imports fell to $X in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 20%. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

The United States was the largest importing country with an import of around X square meters, which resulted at 29% of total imports. Germany (X square meters) ranks second in terms of the total imports with a 7.6% share, followed by Japan (5.2%), France (5%) and the UK (4.6%). The following importers - Russia (X square meters), Canada (X square meters), the Netherlands (X square meters), Poland (X square meters), Italy (X square meters), Australia (X square meters), Spain (X square meters) and Sweden (X square meters) - together made up 18% of total imports.

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, Poland (+10.2%), Russia (+9.3%), the Netherlands (+6.0%), Canada (+3.8%), Spain (+3.2%), Italy (+3.1%), Sweden (+2.7%), France (+2.5%), Australia (+1.8%) and Germany (+1.3%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the world, with a CAGR of +10.2% from 2012-2022. Japan experienced a relatively flat trend pattern. By contrast, the UK (-1.7%) illustrated a downward trend over the same period. Russia (+1.6 p.p.) and the United States (+1.6 p.p.) significantly strengthened its position in terms of the global imports, while the UK saw its share reduced by -2.5% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in the United States amounted to +2.7%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+1.1% per year) and Japan (+0.4% per year).

Import Prices by Country

The average curtains import price stood at $X per square meter in 2022, picking up by 8.9% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per square meter), while Russia ($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 Australia (+4.7%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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