Industry Statistics and Trends
Market size and recent performance (2015-2030)
Industry revenue has declined at a CAGR of 6.7 % over the past five years, to reach an estimated $368.6m in 2025.
Trends and Insights
Housing starts and construction trends drive demand for blinds and shades
- The Canadian blinds and shades industry's performance is closely tied to residential and commercial construction activity. Over the past five years, housing starts have fluctuated, with a modest 2% increase in new home construction in 2024 as reported by CBC in January 2025, driven primarily by rental and multi-unit projects in Alberta and Quebec, while Ontario and BC saw declines.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2025-2030)
Market size is projected to grow over the next five years.
Trends and Insights
Consumer confidence and discretionary spending to slow in 2025 but trend upward through 2030, supporting blinds and shades demand
- Canadian consumer confidence has reached historic lows in early 2025, with the Conference Board of Canada’s Index of Consumer Confidence dropping a further 8.4 points to 44.2 in March, and only half of Canadians intend to increase discretionary spending over the next year. This pullback is driven by trade tensions, tariff uncertainty and the lingering effects of higher mortgage renewals and cost-of-living pressures. As a result, spending on discretionary goods, including blinds and shades, which are typically considered non-essential purchases, has softened, particularly in regions with weaker housing activity and population growth.
Biggest companies in the Blind & Shade Manufacturing in Canada
| Company | Market Share (%)
2023 | Revenue ($m)
2023 | Profit ($m)
2023 | Profit Margin (%)
2023 |
|---|---|---|---|---|
Hunter Douglas Canada LP | 55.6 | 6.7 | 12.1 | |
Elite Window Fashions | 10.5 | 0.5 | 4.8 | |
Maxxmar Window Fashions | 4.9 | N/A | N/A |
To view the market share and analysis for all 3 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
Sales of curtain and drapery fixtures, poles, rods and other products have increased
- This segment contains curtain and drapery rods, poles, rollers and plastic metal clasps and other blinds and shades fixtures that make up the products in the segment.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Blind and shade manufacturers 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 FashionsMaxxmar Window FashionsPurchase this report to view all 3 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
Consumer confidence is expected to rise through 2030, spurring demand for home-related goods like blinds. Lower interest rates will also boost home improvement spending and c...
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 (2015-2024) and forecast (2025-2030)
- Employees, including historical (2015-2024) and forecast (2025-2030)
- Businesses, including historical (2015-2024) and forecast (2025-2030)
- Profit, including historical (2015-2025)
- 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
Curtain and drapery fixtures, along with window shades, are seeing increased demand due to rebounding renovation spending and sustainability trends. Consumers are seeking ene...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2025
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2025
- Major market segmentation in 2025
- 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
Ontario dominates blinds and shades production due to its strong supplier and transportation infrastructure and market access. Government incentives support technological adv...
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 2025
Tables
- Number and share of establishments in each province in 2025
- Number and share of revenue each province accounts for in 2025
- Number and share of wages each province accounts for in 2025
- Number and share of employees in each province in 2025
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
Imported products are extremely price competitive as they are often manufactured in developing countries with low labour costs. Domestic manufacturers respond to this by focu...
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 2020-2025
- 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 consistently sought to expand through acquisitions, such as that of Azenco Outdoor in 2024. This promotes vertical integration, which boosts efficie...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2021 through 2025
- Major companies in the industry, including market share, revenue, profit and profit margin in 2025
- Overview of Hunter Douglas Canada LP's performance by revenue, market share and profit margin from 2019 through 2025
- Overview of Elite Window Fashions's performance by revenue, market share and profit margin from 2019 through 2025
- Overview of Maxxmar Window Fashions's performance by revenue, market share and profit margin from 2019 through 2025
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 Maxxmar Window Fashions, and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
While regulations are generally light, compliance with safety standards like the Corded Window Coverings Regulations is vital. Industry associations offer a helpful resource ...
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 (2015-2030)
- Assistance historical data and forecast (2015-2030)
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
Wages are a growing expense for manufacturers. Despite tech innovations that have made automation more prevalent, costs are rising due to skilled labour shortages.
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 2025
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
- Investment vs. share of economy
Data tables
- Liquidity Ratios (2018-2023)
- Coverage Ratios (2018-2023)
- Leverage Ratios (2018-2023)
- Operating Ratios (2018-2023)
- Assets (2018-2023)
- Liabilities (2018-2023)
- Cash Flow & Debt Service Ratios (2015-2030)
- Revenue per Employee (2015-2030)
- Revenue per Enterprise (2015-2030)
- Employees per Establishment (2015-2030)
- Employees per Enterprise (2015-2030)
- Average Wage (2015-2030)
- Wages/Revenue (2015-2030)
- Establishments per Enterprise (2015-2030)
- IVA/Revenue (2015-2030)
- Imports/Demand (2015-2030)
- Exports/Revenue (2015-2030)
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 (2015-2030)
- IVA (2015-2030)
- Establishments (2015-2030)
- Enterprises (2015-2030)
- Employment (2015-2030)
- Exports (2015-2030)
- Imports (2015-2030)
- Wages (2015-2030)
Top Questions Answered
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 2025?
The market size of the Blind & Shade Manufacturing industry in Canada is $368.6m in 2025.
How many businesses are there in the Blind & Shade Manufacturing industry in Canada in 2025?
There are 216 businesses in the Blind & Shade Manufacturing industry in Canada, which has grown at a CAGR of 1.7 % between 2020 and 2025.
How may import tariffs affect the Blind & Shade Manufacturing industry in Canada?
The Blind & Shade Manufacturing industry in Canada is likely to be impacted by import tariffs with imports accounting for a moderate share of industry revenue.
How may export tariffs affect the Blind & Shade Manufacturing industry in Canada?
The Blind & Shade Manufacturing industry in Canada is likely to be impacted by export tariffs with exports accounting for a moderate share of industry revenue.
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 6.7 % between 2020 and 2025.
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 industry in Canada?
The biggest companies operating in the Blind & Shade Manufacturing industry in Canada are Hunter Douglas Canada LP, Elite Window Fashions and Maxxmar Window Fashions
What does the Blind & Shade Manufacturing industry in Canada include?
Manufacturing window shutters and Manufacturing window blinds are part of the Blind & Shade Manufacturing industry in Canada.
Which companies have the highest market share in the Blind & Shade Manufacturing industry in Canada?
The company holding the most market share in the Blind & Shade Manufacturing industry 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.
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Competitors
Complementors
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.
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