Global Windows And Doors Market Size By Product (Windows and Doors), By Material Type (Wood/timber, Metal, Fiberglass, and uPVC), By End User (Residential and Non-residential), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Windows And Doors Market size was valued at USD 218.8 Billion in 2021 and is projected to reach USD 316.9 Billion by 2030, growing at a CAGR of 4.0% from 2023 to 2030.
The industrialization has accelerated construction activity showing a positive trend in the residential market – it forms the major growth driver of the Global Windows And Doors Market. Increasing demand for larger living space creating demand for larger ventilation is driving the demand for doors and windows. Privatization of homeownership, sustainable foreign investment, and healthy growth in the electronics and appliances market demanding natural ventilation to work efficiently also contribute to fenestration product market gains.
Global Windows And Doors Market Definition
Windows and Doors are a fenestration product referring to opening or entryways found in a building. Windows and doors are foundations in constructing activity. A window is an opening in the wall of the building and a door is a moveable barrier at the entrance of the building, room, or framework. Windows and Doors can be classified on different verticals. It can be either used for a residential activity or non-residential activity. A wide variety of materials are available as per the requirement of the customer, like Timber, Glass, uPVC (Unplasticized Polyvinyl Chloride).
Global Windows And Doors Market Overview
Think about itall the hustle and bustle in construction? That's a huge reason why the Global Windows and Doors Market is growing! People want bigger houses now, so there's more demand. Plus, everyone's fixing up their places, doing renovations, and making home improvements – that's really giving the market a boost. And with more money in their pockets, folks are spending more on things like infrastructure. Lifestyles are changing too! People want all the latest gadgets and appliances, which means things like needing better sound insulation and windows/doors with better insulation. They also want fresh air through natural ventilation, so they want quality Windows and Doors that will stand the test of time. It all adds up to a growing market!
Hey, the Windows and Doors Market has a real chance to shine! People are really wanting eco-friendly and smart windows and doors, which is a fantastic opportunity. Plus, all that new technology that creates a super-efficient thermal barrier – keeping the weather out of your home, room, or office – that's another big win for the Windows And Doors Market. But, it's not all sunshine and roses. The price of raw materials like steel, aluminum, PVC, and Fiberglass keeps jumping around, and that really hurts growth. Steel and aluminum are so important for building these things, and when they get expensive, it's bad news for the Windows And Doors Market. On top of that, some governments are even banning wood in construction, which makes things even tougher.
Global Windows And Doors MarketSegmentation Analysis
The Global Windows And Doors Market is segmented based on Product, Material Type, End User, and Geography.
Windows And Doors Market, By Product
• Windows• Doors
On the basis of Product, the market is bifurcated into two segments Windows and Doors. The windows segment dominated the market.
On the basis of Material Type, the market is segmented into Wood/timber, Metal, Fiberglass, and uPVC. Due to the widespread use in windows, the uPVC category is expected to rise rapidly in the market. Because of its superior insulation, great sound insulation, thermal insulation, and energy-saving qualities, uPVC window systems are commonly utilised in homes and commercial buildings that use air conditioners. Factors such as readily accessible colour, lamination, and pattern options for uPVC window systems, as well as rising demand for weather, termite, high impact, and chemical-resistant goods, are expected to drive sector expansion over the projection period.
Windows And Doors Market, By End User
• Residential• Non-Residential
On the basis of End User, the market is bifurcated into Residential and Non-residential. The residential segment has gained the highest share due to growing residential construction across the globe. The rise in the global population is creating a higher need for the dwelling is driving the demand for windows and doors.
Windows And Doors Market, By Geography
• North America• Europe• Asia – Pacific• Rest of the World
On the basis of Geography, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. APAC dominates the global windows and doors market due to increasing construction activities in the region along with ongoing renovation and refurbishment of the existing infrastructure in several countries.
Key Players
The report provides competitive insights into the performance of various leading companies in the segment of the “Global Windows And Doors Market”. The major players are Andresen Corporation, JELD-WEN, Marvin Windows and Doors, Masonite, Pella Corporation, Ply Gem, Velux, YKK AP America Inc., Kommerling, Milgard Windows & Doors. In April 2021, Andresen Corporation launched an Endless Expression Blog as a new resource for homeowners. Recently, it has also expanded its portfolio to include new customization options.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2018-2030
BASE YEAR
2021
FORECAST PERIOD
2023-2030
HISTORICAL PERIOD
2018-2020
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
Andresen Corporation, JELD-WEN, Marvin Windows and Doors, Masonite, Pella Corporation, Ply Gem.
SEGMENTS COVERED
By Product, By Material Type, By End User, And By Geography.
CUSTOMIZATION SCOPE
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