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MANUFACTURING & CONSTRUCTION

Doors and Windows Market Analysis by Product [Doors {by Material (Wood, Aluminum, and Others), and by Application [Residential, Commercial (Corporate Offices, and others), and Industrial (Pharmaceuticals Industries, and, others)]}; Windows {by Material (Wood, Aluminum, and Others), and by Application [Residential, Commercial (Corporate Offices, Malls, and others), and Industrial (Pharmaceuticals Industries, and, others)}]– Global Supply & Demand Analysis & Opportunity Outlook 2021-2031

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Inflation And Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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Purchasing power in the couPurchasing power in the country is expected to fell nearly by 2.5%. On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.                                                         Request Insights

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IN THE NEWS

  • Horton Automatic announced the launch of its new C5190 microprocessor which is known to significantly increase the value of the company’s swing doors.
  • Pella Corporation presented its newest invention, the Hidden Screen. The Concealed Screen is the first and only hidden screen for vinyl windows among top national window brands, building on decades of screen design and innovation.

Global Doors and Windows Market Size, Forecast, and Trend Highlights Over 2021 - 2031

                      Base Year

2021

Forecast Year

2022-2031

CAGR

5.0%

Base Year Market Size (2021)

USD 241,230.3 Million

Forecast Year Market Size (2031)

USD 387,539.6 Million

The global doors and windows market is estimated to garner a revenue of USD 387,539.6 Million by the end of 2031 by growing at a CAGR of 5.0% over the forecast period, i.e., 2022 - 2031. Further, the market generated a revenue of USD 241,230.3 Million in the year 2021. The growth of the market can be attributed to rise in spending on home remodelling. In a survey conducted in 2020, approximately 50% of respondents said they had renovated their homes, and the median amount spent on renovations by a household rose to above USD 13,000 in 2020.

Doors-and-Windows-Market

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The 2020 pandemic brought in increasing wants of homeowners to bring in necessity home improvement. Further, the increasing income of the population is also expected to boost the demand for the same. Owing to the increasing demand the manufactures are coming up with innovative ideas to design doors and windows which could lead a favourable environment for the growth of the market. For Instance, Pella Corporation, a prominent designer and producer of windows and doors, introduced the new Easy-Slide Operator (patent pending), which introduces a new way to open and close casement and awning windows. A considerably smoother action than continuous cranking is provided by the new hardware solution, which enables homeowners to effortlessly slide the operator up to open and down to close the window.

Global Doors and Windows Market: Growth Drivers and Challenges

Growth Drivers

  • Increasing Residential & Non-Residential Construction Activities

The U.S. non-residential construction spending touched close to USD 500 Billion as of April 2022, up from about USD 250 Billion in April 2005. Residential construction spending in the nation, on the other hand, crossed USD 930 Billion up from about USD 600 Billion during the same period. The growing population is estimated to boost the construction activities. Further the improved standard of living of people of people is expected to increase in demand for more innovative ideas for constructing house. Hence owing to which is market is expected to grow.

  • Growing Urbanization in Emerging Economies

Approximately 4.4 billion people, or 56% of the world's population, reside in cities. Nearly 7 out of 10 people on the planet is estimated to reside in cities by 2050, with the urban population more than tripling from its current level.

  • Increasing Focus on an Environmentally Sustainable Construction Solutions to Boost Demand for Environmental-Friendly Doors & Windows

Windows allow about 30% of a home's heating energy escape. Around 76% of the sunlight that hits typical double-pane windows during cooling seasons enters to become heat. Hence preference for eco-friendly doors and windows are more.

  • Increase in Income Level of the Population

By 2022, around 130 million families were anticipated to have an annual income of approximately USD 3000 to more than USD 9000, up from approximately 90 million households in 2019.

  • Increasing Threat of Burglar to Boost the Demand for Smart Doors & Windows

In the US, there are roughly three burglaries every minute. However, only unskilled burglars commit approximately 80% of house intrusions. Hence installing smart doors & windows could prevent such crime.

Challenges

  • High Cost of Eco-Friendly Doors

  • Increasing Costs of Labour and Construction Materials

  • Tariff & Trade Issues

The eco-friendly doors frames made out of wood provides excellent energy efficiency but are expected to carry high price. Also the fiberglass frames could be expensive even though they require low maintenance. Hence these factors are anticipated to act as a restraint for the growth of the market.

The global doors and windows market is segmented and analysed for demand and supply by product into door and windows. Amongst these segments, the windows segment is anticipated to garner the largest revenue by the end of 2031. However, the doors segment is estimated to grow at a highest CAGR of 5.4% over the forecast period, backed by changing lifestyle of the people. As a result, there has been growing interest for luxurious living among people, thereby driving the need for lavish residences, which in turn, is projected to drive the demand for doors and windows. According to our Luxury Outlook Survey, one-fourth of HNIs purchased real estate during the epidemic. Most respondents stated they were eager to purchase a residential home in 2022, citing lifestyle improvements and a solid financial potential as their main justifications. Further, the doors segment is segmented by material into wood, aluminium, wood plastics composites, fiberglass reinforced plastics, and others. Out of which the wood segment is anticipated to garner the second-highest revenue of USD 39,104.7 Million by the end of 2031.

Global Doors and Windows Market Regional Synopsis

Regionally, the global doors and windows market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these regions, the market in Asia Pacific is projected to hold the largest market share of USD 171,292.5 Million by the end of 2031 growing at a CAGR of 5.3% over the forecast period. Further, in the year 2021 the market in Asia Pacific region garnered a revenue of USD 103,801.4 Million. Additionally, the market in Europe region is estimated to garner the second-highest revenue of USD 90,103.0 Million by the end of 2031, backed by increasing adoption of green building construction. Also growing expatriate population, and infrastructural growth is estimated to boost the market in Europe region. There are approximately 30 million expatriates living in Europe today, and this figure is continually rising as more individuals leave their home countries or move to other parts of the world to live and work there. Germany has the biggest percentage of expats, who make up more than 8% of the total population.

The study further incorporates Y-O-Y Growth, market opportunities, demand & supply and forecast future opportunity in North America (United States, Canada, Mexico), South America, Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX [Belgium, Netherlands, Luxembourg], NORDIC [Norway, Denmark, Sweden, Finland], Poland, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa).

Market Segmentation

Our in-depth analysis of the global doors and windows market includes the following segments:

By Products

  • Doors
    • By Material
      • Wood
      • Aluminium
      • Wood Plastic Composites
      • Fiberglass Reinforced Plastics
      • Others
    • By Application
      • Residential
      • Commercial
        • Corporate Offices
        • Malls
        • Resorts & Hotels
      • Industrial
        • Pharmaceuticals Industries
        • Military Bases
        • Water & Waste Industries
  • Windows
    • By Material
      • Wood
      • Aluminium
      • Wood Plastic Composites
      • Fiberglass Reinforced Plastics
      • Others
    • By Application
      • Residential
      • Commercial
        • Corporate Offices
        • Malls
        • Resorts & Hotels
      • Industrial
        • Pharmaceuticals Industries
        • Military Bases
        • Water & Waste Industries

 

Key Companies Dominating the Global Doors and Windows Market

Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global doors and windows market that are included in our report are Andersen Corporation, Atrium Windows and Doors, Horton Automatics, JELD-WEN, INC., Marvin, MI Windows and Doors, LLC, Pella Corporation, SGM Window Manufacturing Limited, YKK AP America Inc., Nationwide Windows, and Special-Lite.

FREQUENTLY ASKED QUESTIONS

Global Doors and Windows Market TOC

  1. Market Definition
    1. Market Definition
    2. Market Segmentation
  2. Assumptions and Acronyms
  3. Research Methodology
    1. Research Process
    2. Primary Research
    3. Secondary Research
  4. Executive Summary – Global Doors and Windows Market
  5. Market Dynamics
    1. Market Drivers
    2. Market Challenges
    3. Market Trends
    4. Market Opportunities
  6. Regulatory and Standards Landscape
  7. Industry Risk Analysis
  8. Value Chain Analysis
  9. Industry Growth Outlook
  10. Competitive Positioning
  11. Competitive Landscape
    1. Market Share Analysis, 2021
    2. Competitive Benchmarking
    3. Global Company Profiles
      1.  Andersen Corporation
        1. Detailed Overview
        2. Assessment of Key Offering
        3. Analysis of Growth Strategies
        4. Exhaustive Analysis on Key Financial Indicators
        5. Recent Developments
      2. Atrium Windows and Doors
      3. Horton Automatics
      4. JELD-WEN, Inc.
      5. Marvin
      6. MI Windows and Doors, LLC
      7. YKK AP America Inc
      8. Pella Corporation
      9. SGM Window Manufacturing Limited
      10. Other Major Players
  12. Global Doors and Windows Market 2021-2031
    1. Market Overview
    2. Market Size (2021-2031)
    3. Market Segmentation by:
      1. Product
        1. Doors, 2021-2031F (USD million)
          1. By Material
            1. Wood, 2021-2031F (USD million)
            2. Aluminum, 2021-2031F (USD million)
            3. Wood Plastic Composites, 2021-2031F (USD million)
            4. Fiberglass Reinforced Plastics
            5. Others, 2021-2031F (USD million)
          2. By Application
            1. Residential, 2021-2031F (USD million)
            2. Commercial, 2021-2031F (USD million)
              1. Corporate Offices, 2021-2031F (USD million)
              2. Malls, 2021-2031F (USD million)
              3. Resorts and Hotels, 2021-2031F (USD million)
          3. Industrial, 2021-2031F (USD million)
            1. Pharmaceutical Industries, 2021-2031F (USD million)
            2. Military Bases, 2021-2031F (USD million)
            3. Water and Wastewater Industries, 2021-2031F (USD million)
        2. Windows, 2021-2031F (USD million)
          1. By Material
            1. Wood, 2021-2031F (USD million)
            2. Aluminum, 2021-2031F (USD million)
            3. Wood Plastic Composites, 2021-2031F (USD million)
            4. Fiberglass Reinforced Plastics
            5. Others, 2021-2031F (USD million)
          2. By Application
            1. Residential, 2021-2031F (USD million)
            2. Commercial, 2021-2031F (USD million)
              1. Corporate Offices, 2021-2031F (USD million)
              2. Malls, 2021-2031F (USD million)
              3. Resorts and Hotels, 2021-2031F (USD million)
          3. Industrial, 2021-2031F (USD million)
            1. Pharmaceutical Industries, 2021-2031F (USD million)
            2. Military Bases, 2021-2031F (USD million)
            3. Water and Wastewater Industries, 2021-2031F (USD million)
      2. Region
        1. North America
        2. Europe
        3. China
        4. Japan
  13. North America Composite Doors & Windows Market
    1. Market Overview -
    2. Market Size (2021–2031)
    3. Market segmentation by:
      1. Product
        1. Doors, 2021-2031F (USD million)
          1. By Material
            1. Wood, 2021-2031F (USD million)
            2. Aluminum, 2021-2031F (USD million)
            3. Wood Plastic Composites, 2021-2031F (USD million)
            4. Fiberglass Reinforced Plastics
            5. Others, 2021-2031F (USD million)
          2. By Application
            1. Residential, 2021-2031F (USD million)
            2. Commercial, 2021-2031F (USD million)
              1. Corporate Offices, 2021-2031F (USD million)
              2. Malls, 2021-2031F (USD million)
              3. Resorts and Hotels, 2021-2031F (USD million)
          3. Industrial, 2021-2031F (USD million)
            1. Pharmaceutical Industries, 2021-2031F (USD million)
            2. Military Bases, 2021-2031F (USD million)
            3. Water and Wastewater Industries, 2021-2031F (USD million)
        2. Windows, 2021-2031F (USD million)
          1. By Material
            1. Wood, 2021-2031F (USD million)
            2. Aluminum, 2021-2031F (USD million)
            3. Wood Plastic Composites, 2021-2031F (USD million)
            4. Fiberglass Reinforced Plastics
            5. Others, 2021-2031F (USD million)
          2. By Application
            1. Residential, 2021-2031F (USD million)
            2. Commercial, 2021-2031F (USD million)
              1. Corporate Offices, 2021-2031F (USD million)
              2. Malls, 2021-2031F (USD million)
              3. Resorts and Hotels, 2021-2031F (USD million)
          3. Industrial, 2021-2031F (USD million)
            1. Pharmaceutical Industries, 2021-2031F (USD million)
            2. Military Bases, 2021-2031F (USD million)
            3. Water and Wastewater Industries, 2021-2031F (USD million)
    4. Country
      1. US, 2021-2031F (USD million)
      2. Canada, 2021-2031F (USD million)
  14. Europe Composite Doors & Windows Market
    1. Market Overview -
    2. Market Size (2021–2031)
    3. Market Segmentation by:
      1. Product
        1. Doors, 2021-2031F (USD million)
          1. By Material
          2. By Application
        2. Windows, 2021-2031F (USD million)
          1. By Material
          2. By Application
      2. Country
        1. UK, 2021-2031F (USD million)
        2. Germany, 2021-2031F (USD million)
        3. Italy, 2021-2031F (USD million)
        4. France, 2021-2031F (USD million)
        5. Spain, 2021-2031F (USD million)
        6. Russia, 2021-2031F (USD million)
        7. Scandinavia, 2021-2031F (USD million)
        8. Rest of Europe, 2021-2031F (USD million)
  15. China Doors & Windows Market
    1. Market Overview -
    2. Market Size (2021–2031)
    3. Market Segmentation by:
      1. Product
        1. Doors, 2021-2031F (USD million)
          1. By Material
          2. By Application
        2. Windows, 2021-2031F (USD million)
          1. By Material
          2. By Application
  16. Japan Doors & Windows Market
    1. Market Overview -
    2. Market Size (2021–2031)
    3. Market Segmentation by:
      1. Product
        1. Doors, 2021-2031F (USD million)
          1. By Material
          2. By Application
        2. Windows, 2021-2031F (USD million)
          1. By Material
          2. By Application

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