According to a new market report published by
Lucintel, the future of the global aluminum door and window market looks promising, with opportunities
in the growth of the residential
and commercial construction industry. The global aluminum door and
window market is estimated to
reach $72.1 billion by 2021 and is forecast to grow at a CAGR of 5.1% from 2016
to 2021. The major drivers of growth for this market are increasing new
construction and renovation activities.
In this market, residential and commercial are
the market segments by end use type. Commercial construction segment is the
major segment by end use of the global aluminum door and window market, as the
acceptance of aluminum in commercial building is increasing.
On the basis of its comprehensive research, Lucintel forecasts that the
commercial segment is expected to show above average growth rate due increasing
urbanization and commercialization during the forecast period.
Within the global aluminum door and window
market, the aluminum window segment is expected to remain the largest market. Increasing
construction activities and aesthetic appeal of aluminum door and window
products are projected to augment the demand for the aluminum door and window
market. These major factors would spur growth for this segment over the
forecast period.
Asia Pacific is expected to remain the largest
market and witness the highest
growth rate during the forecast period due to increasing urbanization, and new building construction
activities.
For business expansion, Lucintel’s report
suggests innovation and new product development to ease the installation
process and provide variety of designs to the customer. Emerging trends, which
have a direct impact on the dynamics of the industry, include the introduction
of impact windows and doors, energy efficiency in aluminum doors and windows,
replacement of wood by eco-friendly aluminum, and introduction of fully
reversible windows. YKK AP, Ply Gem Holdings Inc., PGT, Inc., Apogee Enterprises,
Inc., and Fletcher Building are the major aluminum door and window suppliers in
the global aluminum door and window market.
Lucintel,
a leading global strategic consulting and market research firm, has analyzed
growth opportunities in the global aluminum door and window market by product
type, by application, and region, and has come up with a comprehensive research
report, “Growth
Opportunities in Global Aluminum Door and Window Market 2016-2021: Trends,
Forecast, and Market Analysis.” The Lucintel report serves as a
springboard for growth strategy, as it provides a comprehensive data and
analysis on trends, key drivers, and directions. The study includes a forecast for the global aluminum door and window
market by product type, by application, and region, as follows:
The segments in the
report are as follows:
By Product [Volume (million units) and $ million
from 2010 to 2021]:
•
Aluminum Door
- Exterior Door
- Patio Door
- Others
•
Aluminum Window
- Sliding Window
- Bi-Fold Window
- Others
By End Use [$ million from 2010 to 2021]:
- Residential
- Commercial
- Healthcare
- Education
- Hospitality
- Retail
- Office
- Other
By Region [Volume (million units) and $ million from
2010 to 2021]:
- North America
- Europe
- Asia Pacific
- Rest of the World
This
211-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, Industry / Market Analysis, Strategic Growth Consulting and Capital Investment 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 answers following 11 key questions:
Q. 1. What
are some of the most promising, high-growth opportunities for the aluminum door
and window market by end use (residential, commercial, healthcare, education,
hospitality, retail, office, and other), product (door, window), 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 emerging trends in this market and
reasons behind them?
Q.7. What are some changing demands of customers
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 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 materials / product substitution?
Q.11. What
M & A activity has occurred in the last 5 years?
