Press release
Soundproof Curtains Market 2024-2033: Size Outlook, Growth Rate, and Forecast Insights
Soundproof Curtains Global Market Report 2024
According to The Business Research Company's, The soundproof curtains market size has grown strongly in recent years. It will grow from $2.06 billion in 2023 to $2.22 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to growth in urbanization and noise pollution, rising awareness of health impacts of noise, expanding commercial and residential construction, focus on home and office comfort, increasing preference for non-intrusive solutions.
The soundproof curtains market size is expected to see strong growth in the next few years. It will grow to $2.92 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to growing trend of home renovations and remodeling, rise in remote work and home offices, global emphasis on sustainable and eco-friendly products, hospitality and entertainment venue requirements, increasing adoption in healthcare facilities. Major trends in the forecast period include technological innovations in materials, advancements in soundproofing technologies, innovation in acoustic materials and technologies, growth in commercial and industrial applications, customization and personalization of curtain designs.
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Market Drivers and Trends:
Increased construction activities are expected to propel the growth of the soundproof curtains market. Construction activities refer to the area of business and manufacturing that is concerned with building, preserving, and fixing infrastructure. Soundproof curtains are used in construction sites to create temporary soundproof and sonic barriers around closed spaces that can reduce the noise reaching the nearby spaces and homes. For example, in January 2023, 1,406,000 new housing units were constructed in the USA, a 12.8% rise from January 2022. Therefore, increased construction activities will drive the soundproof curtains market.
Product innovation is the key trend gaining popularity in the soundproof curtains market. Major companies operating in the soundproof curtains market are innovating innovative products to sustain their position in the market. For instance, in October 2021, IKEA, a Sweden-based furniture retail company, launched GUNNLAUG, an innovative light and noise-blocking soundproof curtain. The GUNNLAUG absorbs light and sound due to its distinctive fabric, which is made up of chenille yarn and a unique weave construction. This substance reduces reverberation and echos in medium- and high-frequency sounds. The lightweight product is ISO 354 certified (a method of testing sound absorption), which means it absorbs 50-100% more medium and high noise frequencies than other fabrics of comparable grade.
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• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
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Major Key Players of the Market:
Acoustical Surfaces Inc.; Great Lakes Textiles Inc.; Sound Seal Inc.; Steel Guard Safety Corp; Moondream Co.; Quiet Curtains; Flexshield Group Pty Ltd; Hofa GmbH; eNoiseControl LLC; Amcraft Manufacturing Inc.; Sound Control Services Ltd; ZAKAcoustics Pvt Ltd; Audimute Inc.; Rite-Hite Corporation; Acoustical Solutions Inc.; Acoustic Curtains; Envirotech Systems Pvt. Ltd.; Kinetics Noise Control Inc.; Lantal Textiles AG; Residential Acoustics LLC; Soundproof Cow LLC; Soundproof Windows Inc.; Haining Duletai New Material Co. Ltd.; McGill AirPressure Corporation; Antimo Engineers; Ecotone Systems Pvt Ltd; IsotechInc.; Netwell Noise Control Inc.
Soundproof Curtains Market 2024 Key Insights:
• The soundproof curtains market will grow to $2.92 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%.
• Rising Construction Activities Set To Propel Soundproof Curtains Market Growth
• Cutting-Edge Soundproof Curtain For Acoustic Perfection
• Europe was the largest region in the soundproof curtains market in 2023
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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