According to a new market report published by Lucintel, the future of the global door and window market looks promising with opportunities in the commercial and residential sectors. The global door and window market is expected to reach an estimated $259.8 billion by 2023 with a CAGR of 4.2% from 2018 to 2023. The major growth drivers for this market are increasing new construction, renovation activities, and rising consumer spending on home improvement.
Browse 48 market data tables and 113 figures spread through 200 pages and in-depth TOC on “Global Door and Window Market”
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In this market, metal, plastic, wood, and others are used for door and window manufacturing for material. Lucintel forecasts that metal will remain the largest segment over the forecast period due to durability and low cost option as compared to other materials. Lucintel predicts that the plastic door and window segment will witness the highest growth because they offer superior energy efficiency, durability, and have low maintenance cost.
Within the global door and window market, residential is expected to remain the largest end use segment and to witness the highest growth over the forecast period due to the increased residential spending and higher disposable income.
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APAC is expected to remain the largest market and witness the highest growth over the forecast period due to growing population and increasing construction activities in this region.
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Emerging trends which have a direct impact on the dynamics of the door and window industry include increasing use of impact resistance doors and windows and development of energy saving doors and windows. Lixil Group, Sanwa Holdings, YKK Group, Masonite International, and Pella and others are among the major suppliers of door and window.
Lucintel, a leading global market research firm has analyzed growth opportunities in the global door and window market by end use, material, size, product type, and region has compiled a comprehensive research report entitled “Growth Opportunities in the Global Door and Window Market 2018-2023: Trends, Forecast, and Opportunity Analysis.” 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 door and window market by end use, material, size, product type, and region as follows:
By End Use [Value ($ Billion) from 2012 to 2023]:
By Product Type [Value ($ Billion) from 2012 to 2023]:
By Material Type [Value ($ Billion) from 2012 to 2023]:
- Steel and Others
- uPVC and Others
- Pine and Others
By Region [Value ($ Million) from 2012 to 2023]:
- North America
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This 193-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 click on this link https://www.lucintel.com/door-and-window-market.aspx#/ or firstname.lastname@example.org.
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 answers following 11 key questions:
Q.1 What are some of the most promising, high-growth opportunities for the global door and window market to 2023 by product type (doors and windows), by material type (metal, plastic, wood, and others), by end use (residential, commercial, healthcare, education, hospitality, retail, office, and others) 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 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the 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 being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via product substitution?
Q.11 What M&A activity has occurred in the last 5 years?
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