In 2023, the import of curtains and interior blinds to Thailand stood at $15.234 million, showing a steady year-on-year growth rate of 4.51% from the previous year. Over the last five years, from 2018 to 2023, the compound annual growth rate (CAGR) has been approximately 3.94%, indicating a moderate but consistent increase in imports.
Previously, the market demonstrated significant fluctuations with marked growth in 2016 (32.04%) and 2018 (32.67%), as well as other years with either negligible growth or slight declines. The period from 2013 to 2018 witnessed a higher CAGR, compared to the steady trend seen in recent years from 2019 to 2023.
Looking ahead, the forecasted CAGR for the next five years (2024-2028) is projected at 2.94%, suggesting a more gradual growth trend. By 2028, the import value is predicted to reach $18.342 million, representing a cumulative growth rate of 15.58% over five years.
Future trends to watch for include potential shifts in consumer preferences towards sustainable and smart home products, which could impact the demand for various types of curtains and blinds. Additionally, any fluctuations in global trade policies or economic conditions could significantly influence import values.
