Industry Analysis & Industry Trends
The Window Coverings Manufacturing industry has undergone a difficult five-year period. Shoppers are becoming increasingly prudent and knowledgeable, making it harder for operators to get away with high profit margins. Domestic manufacturers are also facing growing competition from the online segment and imports, which has severely limited the industry's growth in the five years through 2012-13. IBISWorld estimates revenue to contract by 0.7% during 2012-13 to reach $809.6 million. The industry has not enjoyed a single year of growth since 2007-08 and industry revenue is expected to contract by an annualised rate of 0.9% in the five years through 2012-13.
The level of domestic demand in the industry has grown by about 0.4% per annum in the five years through 2012-13... purchase to read more
Industry Report - Industry Products Chapter
Demand for the industry's products and services are influenced by households' disposable income, the type of dwellings and current designs. When the economy is performing poorly, households are more likely to opt for economical options instead of more luxurious customised products. Furthermore, when there are delays to building construction, demand for customised and automated window coverings solutions will fall. Over the past five years, the industry has seen the decline and rise of the different products listed below.
Curtains, draperies and valances
These products are textile based and are easy to install. Unlike patented blinds and shutter designs, products in these segments are differentiated by the print, quality and price of the fabric... purchase to read more