Japan Window Coverings Market Analysis 2020-2030
Window coverings are the products that are designed to cover a window. The prime objective of using a window cover is to regulate sunlight, additional weatherproofing, privacy or for aesthetic purposes. These includes blinds, shutter, shades, and curtains, among others. The Japan window coverings market is anticipated to grow with a CAGR of 4.1% over the forecast period, i.e., 2021 – 2030. Factors such as the increasing urbanization and rising household disposable income of individuals and the growing tourism and hospitality industry in Japan are projected to drive the market growth. Moreover, factors such as the growing preferences for aesthetic products is also anticipated to contribute to the market growth in the coming years. The Japan window coverings market is estimated to garner a revenue of close to USD 1020 Million by the end of 2030, up from a revenue of around USD 680 Million in the year 2020.
The Japan window coverings market is segmented by numerous segments, which include segmentation by type, curtain rail type, distribution channel, and by end-user. Based on type, the market is segmented into window blinds, window shutter, window shades, curtains & drapes, and others, out of which, the window blinds segment is expected to generate the largest revenue of over USD 370 Million by the end of 2030, up from a revenue of near to USD 230 Million in the year 2020. The segment is further projected to grow with the highest CAGR of 5% approximately during the forecast period.
Additionally, on the basis of distribution channel, the market is also segmented into online and offline. Amongst these segments, the offline segment is expected to attain the largest revenue by the end of 2030. Moreover, the segment is further predicted to grow with the highest CAGR of around 4% during the forecast period.
Some of the prominent industry leaders in the Japan window coverings market that are included in our report are TOSO Company Limited, Nichibei Co., Ltd., Nien Made Enterprise Co., Ltd., Hunter Douglas N.V., Silent Gliss International Ltd., Nanik Japan, Inc., Carolina Blind Crafters, Lutron Electronics Co., Inc., Tachikawa Corporation, and others.