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.
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 Door and Window Market 2017-2022: Trends, Forecast,
and Opportunity 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:
By Product Type [Value ($ billion) from 2011
to 2022]:
- Door
- Window
By Material Type [Value ($ billion) from 2011
to 2022]:
- Metal
- Plastic
- Wood
- Others
By End Use [Value ($ billion) from 2011 to
2022]:
- Residential
- Commercial
– Office
– Retail
– Education
– Hospitality
– Healthcare
– Others
By Region [Value $ billion from 2011 to 2022]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
This
162-page research report will enable you to make confident business decisions
in this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or
helpdesk@lucintel.com. Lucintel
offerings include Construction Market Report, Construction Reports, Market Research Report, Capital Investment Feasibility and SWOT
Analysis.
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity analysis, growth consulting, M&A, and due diligence
services to executives and key decision-makers in a variety of industries. For
further information, visit www.lucintel.com.
This
report addresses the following key questions:
Q. 1. What are
some of the most promising, high-growth opportunities for the global door and
window market 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)?
Q. 2. Which
segments will grow at a faster pace and why?
Q. 3. Which region will
grow at a faster pace and why?
Q.4. What are
the key factors affecting market dynamics? What are the drivers, challenges,
and business risks in this market?
Q.5. What are the business risks and competitive
threats in this market?
Q.6. What
are the emerging trends in this market and reasons behind them?
Q.7. What
are some changing customer demands in the market?
Q.8. What are
the new developments in the market? Which companies are leading these
developments?
Q.9. Who are the
major players in this market? What strategic initiatives are being taken by key
players for business growth?
Q.10. What are
some of the competing products in this market and how big of a threat do they
pose for loss of market share by material / product substitution?
Q.11. What M&A
activity has occurred in the last 5 years?
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