The global residential patio door market is projected to reach $12.1 billion by 2028, at a CAGR of 3.1% during 2023-2028. The growth of residential patio door market is driven by increasing disposable income along with rapid urbanization, and growing construction of new housing units across emerging economies like India and China.
Some of the key questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the residential patio door market
by type (wood, aluminum, vinyl, steel, fiberglass, and others), application
(new construction and remodeling/replacement), and region (North America,
Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the residential patio door market?
Q.4 What are some
changing demands of customers in the residential patio door market?
Q.5 What are the new
developments in the residential patio door market? Which companies are leading
these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this residential patio door area and how
big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this residential patio door
market?
Market Segmentation:
Based on type, the
residential patio door market is segmented into wood, aluminum, vinyl, steel,
fiberglass, and others. The wood segment accounted for the largest share of the
market in 2023 and is expected to register the highest CAGR during the forecast
period, due to as it is affordable as compared to other types in the market.
APAC will remain the
highest growing region during the forecast period due to rapid urbanization and
increasing investment in construction activities in countries like China and
India.
Key Players in the
residential patio door market are Artisan Hardware, Chaparral Doors, Colonial
Elegance, Concept SGA, Rustica Hardware, Simpson Door Company, Contractors
Wadrobe, Jeld-Wen, Bayer Built WoodWorks, and Masonite International
Corporation.
The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
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.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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