DELRAY
BEACH, Fla., Oct. 18,
2024 /PRNewswire/ -- The report "Doors
& Windows Market by product ( Doors, Windows),
Construction type (Swinging, Sliding, Folding, Revolving), Material
(Wood, Metal, Plastic), End-use industries (Residential,
Commercial, Industrial), and Region - Global Forecast to 2029",
is projected to reach USD 244.21
billion by 2029 from USD 199.47
billion in 2024, at a CAGR of 4.1% during the forecast
period.
Doors & Windows are essential in various industries, by
providing access and security while controlling airflow and
privacy. Usually, doors & windows are made of wood, metal, and
plastic and their primary function is to offer security and enhance
aesthetic appeal, while controlling airflow, light, sound, and
privacy, among other functionalities. The increased urbanization
and population demand for both new construction and renovation
projects, as more people migrate to urban areas for better
employment and living conditions, there is a notable rise in the
construction of residential buildings, commercial spaces, and
public infrastructure, significantly boosting the demand for
high-performance doors & windows. Technologies such as smart
doors & windows with IoT integration and biometric access
systems provide increased security, while energy-efficient designs
with thermally broken frames and superior insulating materials
reduce energy usage, significantly boosting the market growth.
Furthermore, the growing awareness about sustainable and recyclable
products is influencing the development of environmentally friendly
doors & windows which also promotes the market prospects in
line with the international environmental policies.
Browse in-depth TOC on "Doors &
Windows Market"
335 – Tables
54 – Figures
272 –
Pages
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Windows segment is estimated to be the largest product
segment of Doors & Windows market.
The windows segment has long dominated the doors & windows
market and is expected to maintain its stronghold over the forecast
period. The dominance is due to various factors including energy
efficiency, technological incorporation, and enhanced aesthetics,
among other distinct functionalities when in use. Advanced windows
offer a range of features, including smart glass that adjusts
transparency, triple glazing for exceptional insulation and noise
reduction, low-E coatings that balance heat reflection and light
entry, durable fiberglass and composite frames, integrated solar
panels, automated systems for remote control, and self-cleaning
glass, to provide energy-efficient, comfortable, and sustainable
solutions for residential, commercial, and industrial buildings.
Therefore, the windows segment is experiencing a high level of
demand, contributing to the overall development of the doors &
windows market.
By Construction, the Swinging segment of the doors &
windows market is expected to account for the 2nd largest share
during the forecast period.
Swinging accounts for the 2nd largest construction segment of
doors & windows, with their hinged function, provide a
traditional and adaptable solution for a variety of buildings &
architectural designs. Swinging doors & windows are extensively
applied in industries such as residential, commercial, and
industrial buildings, where it offer security, convenience,
functionality, and aesthetic appeal. Stricter building requirements
have rendered energy-efficient doors and windows increasingly
popular. As both homeowners and companies attempt to minimize
heating and cooling expenses, there is an increase in demand for
swinging doors & windows with advanced insulation features such
as double or triple glazing, thermal breaks, and Low-E glass. This
construction type is preferred due to its outstanding wear
resistance, flexibility, and strength properties that withstand
general environmental factors such as moisture, fire resistance, or
chemicals.
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Metal segment is estimated to be the 2nd largest material
segment of doors & windows.
The metal segment is anticipated to be the second-largest
material type in the doors & windows market. This growth is
mainly attributed to the rising need for the replacement of wood
doors & windows that are widely used in numerous industries.
Specifically, metal doors & windows dominate the other material
types for various reasons, such as strength, durability, security,
fire resistance, and weather resistance. Metal doors and windows,
notably those made of steel and aluminum, have long been praised
for their strength, security, and aesthetics. Therefore, the metal
segment is experiencing a high level of demand, contributing to the
overall development of the doors & windows market.
By Application, the Residential segment of the doors &
windows market is expected to account for the largest share during
the forecast period.
The residential segment has long dominated the doors &
windows market and is expected to maintain its stronghold over the
forecast period. This growth is driven by the ever-growing
population and urbanization. The growing emphasis on security,
energy efficiency, aesthetic appeal, and technology integration is
driving the expansion of doors and windows in the residential
market. When housing markets strengthen, the doors and windows
industry benefits substantially since there is increased demand for
both new building and renovation projects. Moreover, recent
technological advancements combined with an emphasis on
sustainability and energy efficiency continue powering robust
expansion in this segment.
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Key players
The Doors & Windows market comprises key manufacturers such
as ASSA ABLOY (Sweden), LIXIL
Corporation (Japan), Cornerstone
Building Brands, Inc. (US), JELD-WEN, Inc. (US), YKK AP Inc.
(Japan), Masonite (US), PELLA
CORPORATION (US), Schüco International KG (Germany), ANDERSEN CORPORATION (US), and PGT
INNOVATIONS (US) among others are the major players in the doors
& windows market.
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