According to Global Market Insights, Soundproof Curtains Market provides a comprehensive analysis of the Soundproof Curtains Market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities of global industry.
European Soundproof Curtains Market accounted for over 45% market share in 2017. Rising noise pollution due to expanding transportation and tourism sector will result in increased product demand. For instance, France, Spain, UK, and Germany have an established travel & tourism industry with a substantial total contribution of more than 9% to GDP of Europe in 2016, hence the region is witnessing increasing hotel infrastructure investment creating demand for soundproof curtains.
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Asia Pacific will depict fastest CAGR of over 5.5% during the forecast period from 2018 to 2024. India, China, and Thailand are observing large government and private investments in infrastructure development including roadways, bridges, industries, hospitals, educational institutes, and hotels. For instance, Thailand is undergoing for heavy investment in hotel infrastructure as the travel and tourism industry is major contributor China’s.
Rising noise pollution level owing to increasing infrastructure development instigating soundproof curtains demand. Travel & tourism industry growth has led to increasing count of hotel chain creating a potential scope for soundproof curtains. Developing countries observe high infrastructural investments in sectors including hotels, industries, roadways and educational institutes. Selected regions with large religious structure including churches, temples, and mosques observe switch towards soundproof curtains.
Regulatory authorities associated with noise pollution are keen to the implementation of new environmental policies, which will result in higher product adoption. Higher investment in new and existing hotels due to improved tourism sector will drive industry growth. Growing industrial sector along with increasing health awareness among employees on effects of sound pollution will enhance soundproof curtains market growth.
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Key industry players are Acoustical Surfaces, Amcraft Manufacturing, Acoustic Curtains, Residential Acoustics, Sound Control Services, Robert Soper Limited, ZAK Acoustics, Rite-Hite, Flexshield, GLT Products, Kinetic Noise Control, and Moondream. Other prominent industry participants are Steel Guard Safety Corporation, Sound Seal, Lantal Textiles, HOFA, SGF, eNoise Control, Ecotone Systems Private Limited, PES (UK), Quiet Curtains, Envirotech Systems Private Limited.