Trends, opportunities and forecast in this market to 2022 by product type (door and window), material type (metal, wood, plastic, and others), end use (residential, office, retail, hospitality, education, healthcare, and others), and region (North America, Europe, APAC, and the Rest of the World)
According to a new market report published by Lucintel, the future of the global door and window market looks good with opportunities in the residential and commercial construction industries. The global door and window market is expected to reach an estimated $243.6 billion by 2022 and it is forecast to grow at a CAGR of 4.1% from 2017 to 2022.
The major drivers of growth are rapidly increasing new construction and renovation activities in developing economies.
Browse 45 market data tables and 106 figures spread through 162 pages and in-depth TOC
In this market, metal, wood, plastic, and other materials are used in the manufacturing of door and window.
On the basis of its comprehensive research, Lucintel forecasts that the plastic door and window segment is expected to show the highest growth during the forecast period due to its light weight and better energy efficient properties.
Within the global door and window market, metal is expected to remain the largest segment mainly due to strong demand for aluminum doors and windows. The aesthetic appeal of aluminum doors and windows, low maintenance, and low cost option as compared to other materials are projected to drive the demand for the metal door and window market.
These major factors will spur growth for this segment over the forecast period.
By end use industry, residential is expected to remain the largest segment; it is also expected the highest growth over the forecast period. Increasing housing starts and renovation activities are projected to increase the demand for the door and window market.
APAC is expected to remain the largest as well as the highest growth market, due to the rapidly increasing construction activities in China and India, which ultimately drive the door and window demand in this region.
Emerging trends, which have a direct impact on the dynamics of the market, include the increasing use of impact resistance doors and windows and energy efficiency in windows and doors. Sanwa Holding Corporation, Lixil Group Corporation, Masonite International Corporation YKK, and PGT Inc.
are the major manufacturers of the door and window market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed in the global door and window market by product, material, end use, and region, has compiled a comprehensive research report entitled “Growth Opportunities in the Global…ortunity Analysis.” This Lucintel report serves as a springboard for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions.
The study includes a forecast for the global door and window market by product, material, end use type, and region, as follows:
Door and window market by Product Type [Value ($ billion) from 2011 to 2022]:
Door and window market by Material Type [Value ($ billion) from 2011 to 2022]:
Door and window market by End Use [Value ($ billion) from 2011 to 2022]:
- – Office
- – Retail
- – Education
- – Hospitality
- – Healthcare
- – Others
Door and window market by Region [Value $ billion from 2011 to 2022]:
- North America
- Asia Pacific
- The Rest of the World
Category: Market Research Publishers and RetailersCompany about: Lucintel, the premier global market research and management consulting firm creates your equation for growth - whether you need to understand market dynamics, identify new opportunities or increase your profitability. Lucintel team of trusted industry experts for materials and manufacturing industries have executed over hundreds of consulting projects for clients, ranging from small, emerging organizations up to multinational companies such as 3M, Audi, BASF, Cytec, DSM, Eastman, GE, H ...