Windows & Doors Industry Overview
|Study Period:||2019 - 2028|
|Fastest Growing Market:||Asia Pacific|
|CAGR:||> 4 %|
*Disclaimer: Major Players sorted in no particular order
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Windows & Doors Market Analysis
The market studied is having significant growth, owing to developments in the commercial and residential markets, coupled with new construction and renovation. Construction in emerging economies with increased spending on infrastructure also leads to positive demand in the industry.
The COVID-19 outbreak has affected the growth of the global windows and doors market owing to the lockdown measure in the countries and delay in manufacturing of doors and windows which are utilized in residential and commercial spaces. While demand for specific materials was soaring, certain window and door manufacturing firms were forced to close for sections of 2020 while they reconfigured their factory floor for optimal employee safety. As a result, there was a supply chain bottleneck across several industries.
People’s structural shifts in demanding space and sound insulation systems due to changing lifestyles fuel the demand for doors and windows. Moreover, government spending on housing and public infrastructure, along with FDI policies, improved the scope of the product. The demand for premium designs and colors with different features is the key factor affecting the demand for these products. In the residential sector, windows and doors with modern design, irregular shapes, wide glazing areas, and artistic details are popular in developed economies, like the United States.
Multipanel patio doors are one of the fastest-growing categories as they offer good access to natural light, outdoor drinking, and eating places. Impact-resistant windows and doors, along with energy-efficient windows and doors, are trending in the market studied.
Technological innovation by the players in the market studied, such as producing eco-friendly doors and windows and smart doors, may further drive the growth of the market studied. Smart glass, which can automatically darken or lighten itself, has huge opportunities to remain functional in the market. Smart windows that can be designed with sensors that respond to changes in climate, angle of the sun and cloud cover have huge opportunities going forward. Additionally, these glasses can also help in security breaches as well as architectural features, such as extensions.
Windows & Doors Industry Segments
The report provides an overview of the market studied with an analysis of the international markets, along with developmental trends. The report also focuses on the trends in import/export, production and consumption data of the product, policies and plans, cost structures and manufacturing processes. Moreover, the competitive profile of the key manufacturers, along with regional analysis, is also provided. The windows and doors market is segmented by material type (wood, metal, plastic, and other materials), end user (residential and commercial), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa).
|By Material Type|
|By End User|
|Middle East & Africa|
Windows & Doors Market Trends
This section covers the major market trends shaping the Windows & Doors Market according to our research experts:
Worldwide Increase in Construction Spending Driving the Growth of the Market
Suppliers are going to benefit from the increased spending on the construction sector in homes, offices, retail, and the institutional building, where the doors and windows are used intensively.
During the construction of new buildings and homes, a large number of windows and doors are installed. Therefore, an increase in construction expenditure may lead to an increase in demand for these products globally. Along with expenses in construction, commercial and residential real estate activities, such as new building construction, are also rising to accommodate the population in the emerging and developed economies. As the construction for buildings starts, the demand for doors and windows is expected to increase. Increasing demand for infrastructure and real state will drive the product demand.
In developed economies, an increase in consumer spending on house and remodeling are also driving the market growth in the coming years. Owners are spending on reconstruction as the economy becomes stronger and house prices start to recover.
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Asia-Pacific has the Highest Growth among the Regions during the Forecast Period
The Asia-Pacific windows and doors market is expected to grow the fastest among other regions. China is leading the market with the highest growth rate. The growth in the region can be attributed due to an increase in the number of construction projects to meet the industrial requirements, such as the construction of airports, dams, and hydro-electric projects. The huge population in China and India, along with development in the construction sector, is responsible for the growth in this region. Moreover, government spending to improve infrastructure in these developing economies further fuel the growth and development of windows and doors in the region.
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Windows & Doors Market Competitor Analysis
The market studied is highly fragmented due to the presence of a large number of small- and large-scale manufacturers. Players collaborate and partner with other players in the market, in order to remain competitive. Product launching and acquisition is the key developmental strategy adopted by most of the players in the market studied. Some of the key players in the market studied are Andersen Corporation, Weru Corporation, Marvin Windows & Doors, Pella Corporation, Atrium Corporation, Neuffer Windows + Doors, Jeld-Wen Holding Inc., YKK Corporation, Lixil Group Corporation, and MI Windows and Doors LLC.
Windows & Doors Market Top Players
Jeld-Wen Holding Inc.
*Disclaimer: Major Players sorted in no particular order
Windows & Doors Market Recent Developments
- January 2022, Andersen launched the most comprehensive range of modern windows and doors. It expanded its classic 400 Series casement to include a contemporary profile option, enabling clean, simple profiles to fit the latest in modern design trends and giving clients with even more customization possibilities, demonstrating its industry leadership.
- June 2021, Pella Launched a E-Commerce site to bring online price transparency to the window and door Industry. Online pricing transparency is a top challenge facing window and door buyers today. The company is the first national window and door manufacturer to offer the ability to customize product, see price and purchase windows and patio doors completely online.
Windows & Doors Market Report - Table of Contents
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Value Chain/Supply Chain Analysis
4.6 Porter's Five Forces Analysis
4.7 Insights on Imports and Exports Analysis
4.8 Insights on Windows and Doors by Mechanism Type (Swinging, Sliding, Folding, Revolving, and Other Mechanism Types)
4.9 Insights on Current Trends and Technological Innovations in the Market
4.10 Insights on Green Building Certification Programs
4.11 Impact of COVID-19 on the Market
5. Market Segmentation
5.1 By Material Type
5.1.4 Other Materials
5.2 By End User
5.3.1 North America
5.3.4 Latin America
5.3.5 Middle East & Africa
6. Competitive Landscape
*List Not Exhaustive
6.1 Market Concentration
6.2 Company Profiles
6.2.1 Andersen Corporation
6.2.2 Weru Corporation
6.2.3 Marvin Windows & Doors
6.2.4 Pella Corporation
6.2.5 Atrium Corporation
6.2.6 Neuffer Windows + Doors
6.2.7 Jeld-Wen Holding Inc.
6.2.8 YKK Corporation
6.2.9 Lixil Group Corporation
6.2.10 MI Windows and Doors LLC*
7. FUTURE OF THE MARKET
8. DISCLAIMER AND ABOUT US
Windows & Doors Market Research FAQs
What is the study period of this market?
The Windows and Doors Market is studied from 2019 - 2028.
What is the growth rate of Windows and Doors Market?
The Windows and Doors Market is growing at a CAGR of >4% over the next 5 years.
Which region has highest growth rate in Windows and Doors Market?
Asia Pacific is growing at the highest CAGR over 2019 - 2028.
Which region has largest share in Windows and Doors Market?
Asia-Pacific holds highest share in 2021.
Who are the key players in Windows and Doors Market?
Andersen Corporation, Pella Corporation, Atrium Corporation, Jeld-Wen Holding Inc., Weru GmbH are the major companies operating in Windows and Doors Market.
Windows and Doors Industry Reports
In-depth industry statistics and market share insights of the Windows and Doors sector for 2020, 2021, and 2022. The Windows and Doors research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2028. Available to download is a free sample file of the Windows and Doors report PDF.