Blind & Shade Manufacturing in Canada - Market Research Report (2013-2028)
New York, United States
Last Updated: September 2023
NAICS 33792CARevenue
$375.1m
Past 5-Year Growth
Profit
$XX.Xm
Employees
1,850
Businesses
214
Wages
$XX.Xm
Blind & Shade Manufacturing in Canada industry analysis
The Blind and Shade Manufacturing industry in Canada has endured complications over the five years to 2023. The purchase of blinds and shades is often considered to be discretionary. Disposable income and other factors, such as consumer confidence, are strong drivers of industry demand. Also, Health Canada recently published new regulations to restrict the length of cords and the size of loops permitted on window coverings sold in Canada. The new regulations go further to protect children from this hazard and the requirements for window coverings apply to all products sold in Canada. Coupled with the COVID-19 pandemic, blind and shade manufacturers have endured a volatile industry landscape. Blind and Shade Manufacturing industry revenue has plummeted at a CAGR of 6.3% over the past five years and is expected to total $375.1 million in 2023, when revenue will fall by an estimated 4.9%. Profit will also fall amid rising labour costs.The industry has endured a high level of revenue volatility over the past five years due to countervailing macroeconomic factors. For instance, the number of housing starts has fallen as interest rates rapidly rise, limiting downstream demand for blinds and shades. Also, the pandemic resulted in plummeting consumer demand. Still, to the benefit of domestic manufacturers, foreign producers have endured stronger environmental laws, causing imports' share of domestic demand to decline over the past decade. Due to this, domestic blind and shade manufacturers have been able to compete and innovate in a new industry landscape.Performance will pick up over the five years to 2028 as restrictions are completely eliminated and production work resumes to normal levels. Despite international producers having a clear labour advantage, foreign producers continue encountering stricter regulations in their local government and across Canada. Also, several smaller producers have begun to shift production toward more technologically advanced products, receiving support from Global Affairs Canada. This enabled domestic manufacturers to compete on the basis of quality, since competing on price is essentially impossible due to the low labour costs in foreign nations. Blind and Shade Manufacturing industry revenue is expected to expand at a CAGR of 2.5% to $425.3 million over the five years to 2028.
Trends and Insights
- Blind and shades are highly discretionary products. Demand faltered amid the COVID-19 pandemic as consumers shifted their funds to more necessary items.
- Window shades are the industry’s most demanded product. Curtain and drapery fixtures, poles, rods and other products also accounts for a significant portion of demand.
- Blind and shade manufacturers choose to locate themselves near suppliers, making Ontario a popular choice to set up establishments. Manufacturers are able to quickly and conveniently acquire raw material while saving on transportation costs.
- Competitive pricing is key to attracting downstream customers. Blind and shade manufacturers must be able to deliver a range of high-quality products and services that cater to both residential and nonresidential markets.
Industry Overview
Market size and recent performance (2013-2028)
Industry revenue has declined at a CAGR of 6.3 % over the past five years, to reach an estimated $375.1m in 2023.
Trends and Insights
Revenue has suffered
- Blind and shade manufacturers in this industry manufacture window coverings, including Venetian and other window blinds; shades; curtain and drapery rods and poles; and other related fixtures.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
The industry will recover over the five years to 2028
- For instance, consumer confidence will expand over the next five years.
Biggest companies in the Blind & Shade Manufacturing in Canada
| Company | Market Share (%)
2023 | Revenue ($m)
2023 | Profit ($m)
2023 | Profit Margin (%)
2023 |
|---|---|---|---|---|
Hunter Douglas Canada LP | 81.7 | 12.1 | 14.8 | |
Elite Window Fashions | 13.9 | N/A | N/A | |
Plastibec Inc. | 13.9 | N/A | N/A |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Window shades, Window blinds and Curtain and drapery fixtures, poles, rods and other products. Window shades is the largest segment of the Blind & Shade Manufacturing in Canada.
Trends and Insights
Window shades and stable window coverings represents a large segment within the industry
- This product segment often consist of a frame or vertical stiles and horizontal rails. When making blinds, manufacturers can set louvres, solid panels, fabric, glass and any other item that can be mounted within this frame.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Furniture Stores in Canada
Complementors
- Textile Mills in Canada
- Synthetic Fibre Manufacturing in Canada
- Home Improvement Stores in Canada
International industries
- Blind & Shade Manufacturing in the US
- Commercial and Industrial Building Construction in Australia
- Commercial and Industrial Building Construction in New Zealand
Table of Contents
About this industry
Industry definition
Operators in the Blind and Shade Manufacturing industry in Canada fabricate window coverings, including Venetian and other window blinds; shades; curtain and drapery rods and poles; and other related fixtures. After production, window furnishings are distributed to wholesalers, retailers and contract outfitters. From there, they are sold to residential, commercial and institutional sectors. Curtains and draperies are excluded from this industry.
What's included in this industry?
Manufacturing window shuttersManufacturing window blindsManufacturing tarpaulinsManufacturing awningsCompanies
Hunter Douglas Canada LPElite Window FashionsPlastibec Inc.Purchase this report to view all 4 major companies in this industry.
Related Terms
VENETIAN BLINDSVERTICAL BLINDSROMAN SHADESSOLAR BLINDSIndustry Code
NAICS 337920 - Blind & Shade Manufacturing in Canada
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Blind and shades are highly discretionary products. Demand faltered amid the COVID-19 pandemic as consumers shifted their funds to more necessary items.
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2013-2022) and forecast (2023-2028)
- Employees, including historical (2013-2022) and forecast (2023-2028)
- Businesses, including historical (2013-2022) and forecast (2023-2028)
- Profit, including historical (2013-2023)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Window shades are the industry’s most demanded product. Curtain and drapery fixtures, poles, rods and other products also accounts for a significant portion of demand.
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2023
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2023
- Major market segmentation in 2023
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Blind and shade manufacturers choose to locate themselves near suppliers, making Ontario a popular choice to set up establishments. Manufacturers are able to quickly and conv...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each province
- Share of population compared to establishments in each region in 2023
Tables
- Number and share of establishments in each province in 2023
- Number and share of revenue each province accounts for in 2023
- Number and share of wages each province accounts for in 2023
- Number and share of employees in each province in 2023
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Competitive pricing is key to attracting downstream customers. Blind and shade manufacturers must be able to deliver a range of high-quality products and services that cater ...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2018-2023
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Hunter Douglas Canada has sought to expand through acquisitions. This promotes vertical integration, which boosts efficiency and enables the company to diverse its product of...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2019 through 2023
- Major companies in the industry, including market share, revenue, profit and profit margin in 2023
- Overview of Hunter Douglas Canada LP's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of Elite Window Fashions's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of Plastibec Inc.'s performance by revenue, market share and profit margin from 2017 through 2023
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for Hunter Douglas Canada LP, and factors influencing its performance in the industry
- Description and key data for Elite Window Fashions, and factors influencing its performance in the industry
- Description and key data for Plastibec Inc., and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The industry is subject to light regulation. Still, there are several governing rules that have an indirect effect on the industry, such as environmental regulations.
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2013-2028)
- Assistance historical data and forecast (2013-2028)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Purchases are the largest cost for blind and shade manufacturers. Purchases primarily include wood, steel, plastic and aluminum.
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Investment vs. share of economy
Data tables
- Liquidity Ratios (2016-2021)
- Coverage Ratios (2016-2021)
- Leverage Ratios (2016-2021)
- Operating Ratios (2016-2021)
- Assets (2016-2021)
- Liabilities (2016-2021)
- Cash Flow & Debt Service Ratios (2013-2028)
- Revenue per Employee (2013-2028)
- Revenue per Enterprise (2013-2028)
- Employees per Establishment (2013-2028)
- Employees per Enterprise (2013-2028)
- Average Wage (2013-2028)
- Wages/Revenue (2013-2028)
- Establishments per Enterprise (2013-2028)
- IVA/Revenue (2013-2028)
- Imports/Demand (2013-2028)
- Exports/Revenue (2013-2028)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2013-2028)
- IVA (2013-2028)
- Establishments (2013-2028)
- Enterprises (2013-2028)
- Employment (2013-2028)
- Exports (2013-2028)
- Imports (2013-2028)
- Wages (2013-2028)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Canada include:
- Statistics Canada
- Industry Canada
- Canadian Business Patterns
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Blind & Shade Manufacturing industry in Canada in 2024?
The market size of the Blind & Shade Manufacturing industry in Canada is $375.1m in 2024.
How many businesses are there in the Blind & Shade Manufacturing in Canada industry in 2023?
There are 214 businesses in the Blind & Shade Manufacturing industry in Canada, which has grown at a CAGR of 1.5 % between 2018 and 2023.
Has the Blind & Shade Manufacturing industry in Canada grown or declined over the past 5 years?
The market size of the Blind & Shade Manufacturing industry in Canada has been declining at a CAGR of 6.3 % between 2018 and 2023.
What is the forecast growth of the Blind & Shade Manufacturing industry in Canada over the next 5 years?
Over the next five years, the Blind & Shade Manufacturing industry in Canada is expected to grow.
What are the biggest companies in the Blind & Shade Manufacturing market in Canada?
The biggest companies operating in the Blind & Shade Manufacturing market in Canada are Hunter Douglas Canada LP, Elite Window Fashions and Plastibec Inc.
What does the Blind & Shade Manufacturing in Canada include?
Manufacturing window shutters and Manufacturing window blinds are part of the Blind & Shade Manufacturing industry.
Which companies have the highest market share in the Blind & Shade Manufacturing in Canada?
The company holding the most market share in Canada is Hunter Douglas Canada LP.
How competitive is the Blind & Shade Manufacturing industry in Canada?
The level of competition is high and increasing in the Blind & Shade Manufacturing industry in Canada.
