iCrowd Newswire
17 May 2022, 20:02 GMT+10
According to a new report published by Allied Market Research, titled, "Doors Market by Type, Material, Mechanism, and Application: Opportunity Analysis and Industry Forecast, 2019–2026," the global doors market size was $120.8 billion in 2018, and is projected to reach $182.1 billion in 2026, growing at a CAGR of 5.1%. The wood segment accounted for nearly two-fifths of the global doors market share in 2018 and is expected to witness significant growth during the forecast period.
The global doors market is anticipated to grow owing to the growth of multifamily housing trends. In addition, an upsurge in consumer expenditure on home improvement & renovation activities and development in new construction activities are anticipated to offer remunerative opportunities for the door market development. Moreover, advancements by industry players, increase in residential & commercial construction activities, and upsurge in home renovation &remodeling expenditures propel the global doors market growth. In addition, rise in urbanization and industrialization in countries such as Africa, India, and others, is anticipated to provide remunerative opportunities for the market. Nevertheless, fluctuations in raw material prices are expected to hamper the growth of the doors market.
Get PDF Sample Report : https://www.alliedmarketresearch.com/request-sample/6483
global doors industry. Properties, for example, increased durability, noise reduction, and aesthetic enhancement accompanied by development in the air quality have boosted the usage of eco-friendly doors. Currently, prominent companies in the doors market, lead the market with their wide distribution network and cutting-edge product portfolio, which is a major compelling factor for the global doors market progress
The major companies in the global market adopted product launch, acquisition, and expansion as their key developmental strategies to meet the change in demands from consumers. Moreover, they launched technologically advanced doors of different sizes and varieties to strengthen their product offerings and position in the market. For instance, in February 2019, JELD-WEN launched the new F-2500 folding patio door system for application in the remodel and repair and new construction markets. It is a two-panel fiberglass folding patio door that has an advanced design and is reasonable. In addition, it characterizes a bottom mounted hardware track and an aluminum-clad frame.
Get detailed COVID-19 impact analysis : https://www.alliedmarketresearch.com/request-for-customization/6483
The doors market is segmented based on material into wood, metal, plastic, glass, and others. Wood accounted for the major share of the global market owing to its thermal insulation properties, strong aesthetics, high strength, and high utility of wood. The plastic segment is predicted to observe augmented usage in light institutional and commercial applications and is expected to show a significant growth rate. The doors market is divided on the basis of mechanism into swing doors, sliding doors, folding doors, revolving doors, and others. Swing doors segment leads the global market due to the large adoption of hinged doors globally. Sliding doors are predicted to exhibit the highest CAGR due to a shift toward space efficient residential and commercial properties.
The global doors market is segmented on the basis of type, mechanism, material, application, and region. By type, the market is bifurcated into interior and exterior. The exterior door segment is anticipated to dominate the global market throughout the study period. By mechanism, the market is divided into swing, sliding folding, revolving, and others. The swing door segment is anticipated to dominate the global market throughout the study period.
By region, the doors market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). Asia-Pacific accounted for nearly half of the global market share and is projected to grow at a CAGR of 5.9%. China, Japan, and India are the leading markets for doors in Asia-Pacific.
Interested in Procure Data? Visit: https://www.alliedmarketresearch.com/purchase-enquiry/6483
Global Doors Market Segments
By Type
By Material
By Mechanism
By Application
Key Findings Of The Study
Full Report With TOC : https://www.alliedmarketresearch.com/doors-market-A06118
Contact us:
David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free (USA/Canada): +1-800-792-5285, UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975
Tags: window and door, Doors Market 2022, window and door market, Doors Market
See Campaign: https://www.alliedmarketresearch.com/doors-market-A06118
David Correa
Tags:PR-Wirein, Financial Content, iCN Internal Distribution, Research Newswire, EnglishGet a daily dose of International Technology news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to International Technology.
More InformationCULVER CITY, California: TikTok is preparing to roll out a separate version of its app for U.S. users, as efforts to secure a sale...
The IPO boom is breathing new life into Hong Kong's capital market, not only helping companies tap international opportunities, but...
CHANGCHUN, July 8 (Xinhua) -- Hemmed in by Russia's frozen coastline and the secluded mountains of the Democratic People's Republic...
SOF Connect, in collaboration with global retail and food & beverage leader Avolta, announced two major projects aimed at enhancing...
Interest in Kiswahili among Chinese nationals is steadily rising. It represents a growing movement of cultural curiosity, mutual respect,...
Hyderabad (Telangana) [India], July 7 (ANI): Ahead of his birthday, Bharat Rashtra Samithi (BRS) Working President KT Rama Rao (KTR)...
CULVER CITY, California: TikTok is preparing to roll out a separate version of its app for U.S. users, as efforts to secure a sale...
PALO ALTO/TEL AVIV: The battle for top AI talent has claimed another high-profile casualty—this time at Safe Superintelligence (SSI),...
New Delhi [India], July 9 (ANI): The user trials of the made-in-India anti-submarine Extended Range Anti-Submarine Rocket (ERASR) have...
Washington, DC [US], July 8 (ANI): Tesla CEO Elon Musk has announced that exposing the Jeffrey Epstein files will be a top priority...
The offer pops up in your social media feed. The website is professional and the imagery illustrates an Australian coastal region,...
(Photo credit: Raymond Carlin III-Imagn Images) BYU coach Kalani Sitake plans to let quarterback Jake Retzlaff speak for himself...