OCEAN VIEW, Del., Aug. 29, 2017 /PRNewswire-iReach/ -- Global Doors
and Windows Market is forecast to exceed USD
137 billion by 2024; according to a new research report by
Global Market Insights, Inc.
Positive construction spending and renovation in existing
constructions are expected to drive industry demand. Rising
population would support the global door and window market share
for new constructions serving residential, commercial and commodity
requirements. Commercialization, improving government & state
finances and public funding in emerging economies such as
Indonesia, Thailand, and India will further enhance business
growth.
Introduction of latest technologies such as use of uPVC instead
of aluminum and wood would propel the demand for these systems
owing to its lower weight, fully recyclable property, lesser
maintenance, and thermal insulation. UK doors and windows market
size is expected to grow at 4.7% CAGR, owing to the regulatory
reforms promoting the use of energy efficient insulations to
minimize carbon footprints. Rising awareness among the people and
regulatory bodies may negatively impact the uPVC door and window
market share over the forecast timeline.
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Substandard housing in emerging markets will bring in huge
investments in the trending smart homes and quality housing in the
coming years, which will provide a stable growth platform for the
industry over the forecast timeline. Moreover, the residential
construction market growth will draw consistent demand for the
industry. India is set to witness
strong increases, which can be traced largely owing to the rise in
middle class income and more rapid industrialization. Carpenters
and craftsmen still do much fabrication at building sites, due to a
lack of standard product sizes.
Wood profiles are comparatively more environmental friendly than
aluminum and uPVC counterparts, which are also featured with
attributes such as better aesthetics, longer life cycle, better
insulation, lesser carbon emissions, optimized waste generation,
and high performance. However, owing to its high costs, the cost
sensitive construction industry and other consumer applications may
not witness significant adoption rates.
Technology innovation, integrated with security sensors for
safety concerns would fuel the demand for new profiles over the
forecast period. Infrastructural development in emerging economies
would draw huge demands for doors and windows market share over the
forecast timeframe. Increasing constructions in healthcare,
education, and retail sector would offer potential growth
opportunities from 2016 to 2024.
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uPVC has developed into the preferred material for door and
window profiles due to its lightweight, recyclability and low
maintenance.
Wood door and window market size accounted for over 28% of the
overall revenue in 2015 and would grow at 5.7% from 2016 to 2024.
High thermal resistance, aesthetic looks and easy availability of
timber would support the growth over the forecast period.
Residential doors and windows market size was valued at more
than USD 45 billion in 2015.
Increasing expenditure on construction activities to improve
residential, infrastructure, and aesthetic beauty in the developed
economies of Europe and
North America are expected to
support the future growth of the industry.
The Chinese government has issued various laws to minimize the
use of wood, which has played a significant role in the development
of uPVC profiles. Rising awareness regarding benefits of uPVC and
lesser maintenance would trigger its use in the new residential
construction market.
Major players are Andersen, Atrium, Corialis, Eurocell, Masco,
Pella Corporation, Reynaers and YKK Corporation. Focus on new
product development and mergers & acquisitions, to enhance
regional presence and product portfolio are the key strategies
applied to retain window and door industry share.
Browse key industry insights spread across 315 pages with 386
market data tables & 16 figures & charts from the report,
"Window And Door Market Size By Material (uPVC, Wood, Metal), By
Application (Residential [New Residential, Improvement &
Repair], Commercial [New Commercial, Improvement & Repair]),
Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Italy, France, Russia, Belgium, Poland, China, India,
Japan, South Korea, Indonesia, Malaysia, Mexico, Brazil, Saudi
Arabia, Qatar, UAE,
South Africa), Application
Potential, Price Trends, Competitive Market Share & Forecast,
2016 – 2024" in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/window-and-door-market
Chapter 4 Window & Door System Material
Insights
4.1 Global window & door system market revenue
share by material, 2015 & 2024
4.2 uPVC
4.2.1 uPVC window & door system market,
2012 - 2024
4.2.2 uPVC window & door system market by
region, 2012 - 2024
4.3 Wood
4.3.1 Wood window & door system market,
2012 - 2024
4.3.2 Wood window & door system market by
region, 2012 - 2024
4.4 Metal
4.4.1 Metal window & door system market,
2012 - 2024
4.4.2 Metal window & door system market by
region, 2012 - 2024
Browse Full TOC @
https://www.gminsights.com/toc/detail/window-and-door-market
Browse Related Reports:
Door And Window Automation Market Size, Industry Analysis
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Japan, South Korea, Brazil, Mexico, Saudi
Arabia, UAE, South Africa),
Application Opportunities, Growth Potential, Competitive Market
Growth & Forecast, 2016 – 2024
https://www.gminsights.com/industry-analysis/door-and-window-automation-market
Read our Insightful Blog on Window Automation Market
@
https://www.gminsights.com/blogs/window-automation-industry-trends
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research
and consulting service provider; offering syndicated and custom
research reports along with growth consulting services. Our
business intelligence and industry research reports offer clients
with penetrative insights and actionable market data specially
designed and presented to aid strategic decision making. These
exhaustive reports are designed via a proprietary research
methodology and are available for key industries such as chemicals,
advanced materials, technology, renewable energy and
biotechnology.
Media Contact: Arun Hegde,
Global Market Insights, Inc., +18886890688,
sales@gminsights.com
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SOURCE Global Market Insights, Inc.