China Window Coverings Market Size & Outlook, 2022-2030
The window coverings market in China is expected to reach a projected revenue of US$ 4,323.8 million by 2030. A compound annual growth rate of 9.8% is expected of China window coverings market from 2023 to 2030.
In terms of revenue, China accounted for 6.2% of the global window coverings market in 2022.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, China window coverings market is projected to lead the regional market in terms of revenue in 2030.
India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,751.5 million by 2030.
China accounted for a largest market share in APAC window covering market in 2022 in terms of revenue. This can be primarily attributed to the significant expansion of commercial hotels in cities such as Shanghai, Guangzhou, Chengdu, and Suzhou. Increasing economic development in China is boosting the growth of construction industry due to increasing small and medium businesses.
For instance, in 2020, InterContinental Hotels Group (IHG) ranks second in China with 314 projects and 72,758 rooms, while Hilton Worldwide leads with roughly 386 projects and 86,880 rooms.
Residential buildings and small houses account for a majority of the construction in the country owing to increasing size of the middle-income sector. Furthermore, increasing number of trade and commercial factory set-up is expected to increase the demand for window coverings in the region.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Window Coverings Market Outlook will help companies and investors design strategic landscapes.
Blinds & Shades was the largest segment with a revenue share of 38.46% in 2022.
Horizon Databook has segmented the China window coverings market based on blinds & shades, curtains & drapes, shutters covering the revenue growth of each sub-segment from 2017 to 2030.
China accounted for a largest market share in APAC window covering market in 2022 in terms of revenue. This can be primarily attributed to the significant expansion of commercial hotels in cities such as Shanghai, Guangzhou, Chengdu, and Suzhou. Increasing economic development in China is boosting the growth of construction industry due to increasing small and medium businesses.
For instance, in 2020, InterContinental Hotels Group (IHG) ranks second in China with 314 projects and 72,758 rooms, while Hilton Worldwide leads with roughly 386 projects and 86,880 rooms.
Residential buildings and small houses account for a majority of the construction in the country owing to increasing size of the middle-income sector. Furthermore, increasing number of trade and commercial factory set-up is expected to increase the demand for window coverings in the region.
China Window Coverings Market Type Outlook (Revenue, USD Million , 2017-2030)
Blinds & Shades
Curtains & Drapes
Shutters
Others
China Window Coverings Market Application Outlook (Revenue, USD Million , 2017-2030)
Residential
Commercial
China Window Coverings Market Distribution Channel Outlook (Revenue, USD Million , 2017-2030)
Online
Offline
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Horizon Databook provides a detailed overview of country-level data and insights on the China Window Coverings Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Window Coverings Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.