Latest Report on Window and Door Market Trend

 Window and Door market size was valued at over USD 82 billion in 2015 and is forecast to grow at 5.6% CAGR from 2016 to 2024. This revenue refers to window and door system or profile sales. Global demand was over 28,000 kilotons in 2015, it will witness steady growth at 3.9%, according to the report of Global Market Insights in October 2016.

China window and door market size, by application, 2012-2024 (USD Billion)

Infrastructure activities on a global scale coupled with growing improvement and repair demand across the residential and commercial sectors will drive the global window and door market size. Product preferences vary widely based on parameters such as price, quality, environmental friendliness, aesthetic appeal, etc. Regional housing and commercial construction markets as well as raw material adoption based on the required characteristics will continue driving demand.

Metal profiles will grow at over 5% CAGR, mainly due to attractive aluminum window and door market size in some regional industries. Aluminum provides low maintenance and coated frame which can be painted and be matched with the color of the user’s choice.

The companies involved in manufacturing and supplying window and door systems are Andersen Corp, Eurocell, Corialis, Atrium, Pella, PGT, Reynaers, Sapa Building Systems, Schuco, YKK Corporation, etc. New product development along with technological advancements are the key strategies adopted by the industry players to gain competitive edge.

The industry is moderately consolidated with the combination of few major players and SMEs. Product development to increase consumer comfort and impart aesthetic appeal are at the forefront of these companies’ growth strategies. Regional expansion, increasing manufacturing capacity, partnerships and acquisitions are likely to be a growing trend in the forecast timeframe.

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