India UPVC Doors and Windows Market Trends

Statistics for the 2023 & 2024 India UPVC Doors and Windows market trends, created by Mordor Intelligence™ Industry Reports. India UPVC Doors and Windows trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

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Market Trends of India UPVC Doors and Windows Industry

This section covers the major market trends shaping the India UPVC Doors & Windows Market according to our research experts:

The Industrial and Construction Segment in India is Witnessing a Surge in the Market Share

Over the past 15 years, India witnessed exceptional growth in the industrial and real estate sector. Urbanization, construction of smart cities, changing lifestyle due to the emerging middle-class population, and FDI in Indian companies are a few factors that have given a push to new building technologies and materials. UPVC (unplasticized polyvinyl chloride) is one such building material that has gained attention as a replacement to other traditional materials. UPVC has low maintenance, yet it is an effective material in making windows and doors. In the last couple of years, the market has witnessed an increasing demand for UPVC windows and doors due to the host of benefits uPVC offers. UPVC windows and doors provide efficient thermal insulation and help in energy conservation. Not only this, UPVC windows provide high sound insulation with properly fabricated windows and installations. In FY 2015, the Government of India started a project of making 100 smart cities by FY 2020. Safety of the public, energy conservation, and eco-friendliness are prime agendas of smart cities. Owing to the high compliance of UPVC doors and windows in high-rise buildings and aesthetics properties, they are more likely to emerge as the preferred fenestration choice over conventional aluminum and timber counterparts. Moreover, a few infrastructural development projects will be undertaken in these cities, which may provide further impetus to the industry over the period 2019-2023.

india upvc doors and windows market forecast

Increasing Investment in Infrastructure Development Projects will Boost the Product Market Growth

Increasing central and state government finances for infrastructure development projects, public funding, and a decline in the construction material prices will boost the product market growth. In addition, private and public partnership projects to support infrastructure development in rural areas are expected to induce immense potential to the industry size till 2024. The announcement of 100 smart cities from the central government, growth in infrastructure due to enormous investment by both governments in India, and the increase in FDI give a clear indication that the UPVC window and door market may get more opportunities and grow at a good rate.

india upvc doors and windows market trends

India UPVC Doors and Windows Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)