Industry Analysis & Industry Trends
The Window Coverings Manufacturing industry principally produces curtains, blinds, shutters and awnings. Over the five years through 2014-15, domestic demand has dipped due to weak investment into new building construction. The industry has also been losing market share to competition from low-cost imported products.
The industry's performance has deteriorated over the period. The rapid appreciation of the Australian dollar over the three years through 2012-103 allowed imports to capture a larger share of domestic demand (rising to 36.2% in 2014-15). Over the five years through 2014-15, domestic demand for window coverings is projected to decline by an annualised... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is currently in the declining stage of its life cycle. IBISWorld determines the life cycle of an industry by using several proxies including the Industry Value Added (IVA) estimate, the rate of technological change and the number of operators in the industry.
The Window Coverings Manufacturing industry value added is projected to decline by an annualised 1.1% over the 10 years through 2019-20. This decline rate is in contrast with Australia's solid GDP growth, projected at an annualised rate of 2.7% during the same time frame. This indicates that the industry's contribution to the Australian economy is declining and that the industry is growing slower compared to the overall economy... purchase to read more