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In 2023, dominant companies, including Hunter Douglas Inc., Lotus & Windoware, Inc., Bombay Dyeing & Manufacturing Co Ltd., Insolroll Window Shading Systems, Springs Window Fashions collectively held around 15% to 20% market share. These industry leaders are actively engaged in strategic initiatives such as mergers & acquisitions, facility expansions, and partnerships to broaden their product portfolios, reach a wider customer base, and strengthen their market presence. These companies continuously invest in research & development to improve their products and incorporate new technologies, allowing them to stay ahead of the competition in a highly fragmented business environment.
Major companies operating in the window coverings industry include: