Doors Market Report 2019 – 2024 by Regional Revenue, Growth and Trends Analysis

Legislative changes also have a significant impact on the industry growth over the forecast period. For instance, British Standards Institute provides certification services along with testing available for security, durability, and weather tightness. This offers the buildings with a proper standardized internal as well as external infrastructure and thus substantially drives the global doors market expansion.

Requirement to build more housing units in urban and rural areas to accommodate ever increasing population will fuel the product demand. Global construction spending registered about USD 1.16 trillion in 2016, with growth over 4.5%. Commercialization, enhancing government finances and public funding in developing economies including Indonesia, India and Thailand will generate more opportunities for global doors market growth.

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Community expansion coupled with administrative subsidies available for residential construction will stimulate the global doors market demand positively. Renovations in households have witnessed an efficient expansion in the past and are expected to continue in the forecast timeframe. Various manufacturers are significantly focusing on the new housing construction owing to higher profitability achieved through these constructions.

Global Doors Market, by Product:

  • Hinged
  • Sliding
  • French
  • Others

Important pointers encompassed pertaining to the product spectrum:

  • The report encompasses major details about the product spectrum.
  • The target valuation that each of the sub-segments of the product landscape will procure by the end of the anticipate period are mentioned in the report.
  • The market share that these sub-segments held are also entailed in the study.
  • The global trends that define the product landscape are discussed in the report.

Asia Pacific accounts for over 40% of the global doors market in 2016 and is projected to maintain its dominance over the forecast period. Increase in brand awareness and changing in consumer preference for high end goods are key factors driving the global doors market growth. Moreover, increasing regional economy along with increasing disposable income, directly results in rise in expenditure on overall luxury products including decor and bathroom fittings.

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Some of the doors market players include Marvin, Schuco International, MI, Atrium, YKK, Masco, Lixil Group, Pella, Jeld-Wen Holding and Andersen. Other prominent players are Shipyarddoor, Rite-Hite, PORTALP, Stanley Access Technologies, Geze, Dorma+Kaba, Gilgen, Boon Edam, Assa Abloy and Entrematic Group.

Sliding doors will observe growth for more than 4.5% by 2024. Slimline design, easy installation, lightweight along with sound proof and air tight insulation are among the key features. These are used in residential construction as it generates the impression of huge space and permit better access to the garden or balcony that seems to enlarge the room space.

uPVC share accounted for over 30% of the overall revenue in 2016. This growth is attributed to the demand for energy efficient and light weight shapes that need less maintenance. uPVC offers enhanced standards of insulation against outdoor noises. Moreover, its total recyclable property would attract added attention for the global doors market in the forecast timeframe.

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