Opportunities for the global PVC window market to reach $44.8 billion by 2024

According to a new market report published by Lucintel, the future of the global PVC window market looks promising with opportunities in the residential and commercial construction sectors. The global PVC window market is expected to reach an estimated $44.8 billion by 2024 with a CAGR of 4.7% from 2019 to 2024. The major drivers for this market are growth in construction activities and increasing awareness towards sustainable, weather resistant, and cost effective construction practices.

In this market, various types of PVC windows such as turn & tilt, sliding, and casement are used. On the basis of comprehensive research, Lucintel forecasts that turn & tilt PVC windows will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to its easy to use operating function.

Within the global PVC window market, residential will remain the largest end use market and it is also expected to witness the highest growth during the forecast period due to growth in residential construction industry and increasing use of weather-resistant and energy efficient windows in buildings.

APAC will remain the largest region and it is also expected to witness the highest growth over the forecast period due to increasing construction in developing countries like China and India. Cost effectiveness, sustainability and awareness of energy efficiency of the buildings promote the PVC window demand in the region.

Emerging trends, which have a direct impact on the dynamics of the market, include usage of fully reversible windows and development of cellular PVC windows. Masco, Fortune Brands Home & Security, Lixil Group, Deceuninck, PGT,Griffon, and Associated Materials, are among the major suppliers of PVC Window market.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global PVC window market by product type, end use, type and region, and has compiled a comprehensive research report entitled “Growth Opportunities in the Global PVC Window Market 2019-2024.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global PVC window market by product type, end use, type, and region, as follows:

By Product Type [Value ($ Million) and Volume (Million Units) from 2013 to 2024]:

·      Tilt & Turn Windows

·      Sliding Windows

·      Casement Windows

·      Others

By End Use [Value ($ Million) and Volume (Million Units) from 2013 to 2024]:

·      Residential

·      Commercial

– Heath care

– Education

– Hospitality

– Retail

– Office

– Others

By Type [Value ($ Million) and Volume (Million Units) from 2013 to 2024]:

·      New

·      Replacement

By Region [Value ($ Million) and Volume (Million Units) from 2013 to 2024]:

·      North America

Ø  USA

Ø  Canada

Ø  Mexico

·      Europe

Ø  Germany

Ø  France

Ø  United Kingdom

·      APAC

Ø  China

Ø  Japan

Ø  India

·      ROW

Ø  Brazil

This XX-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 PVC window market by product (turn & tilt, sliding, casement, and other windows), end use (residential and commercial), type (new and replacement), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q. 2. Which product segment 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 the reasons behind them?

Q.7.What are some of the changing demands of customers in the market?

Q.8.What are the new developments in the market and which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are being taken by key companies 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 product substitution?

Q. 11. What M&A activity has occurred in the last 5 years?