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.
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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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