The global windows and doors market was valued at $2,08,121.6 million in 2022 and is projected to reach $3,56,666.8 million by 2031, registering a CAGR of 5.5% from 2023 to 2031. Windows and doors are indistinguishable components of any building and play an instrumental role in controlling the flow of people, air, light, and view in buildings. Windows and doors are available in various sizes and designs to cater to different needs from residential and nonresidential buildings and to enhance the aesthetics of interior and exterior of the buildings. Moreover, commonly used materials for constructing windows and doors are metal, wood, and plastic.
The growing population across the world, especially in countries of Asia-Pacific such as China, India, Vietnam, and Indonesia is driving the growth of the construction industry, which, in turn, positively impact the growth of the windows and doors market. Moreover, surge in need for renovation and remodeling of old buildings to meet new statutory requirements acts as a key driving force of the global windows and doors market. However, the fluctuating cost of raw materials used for constructing windows and doors restrain the market growth.
Furthermore, due to COVID-19 the windows and doors market witnessed a halt, which led to a small-term decline in the market. However, as the number of COVID-19 cases dropped to almost nil, the market is expected to fully recover by the end of 2023.
Contrarily, the development of doors and windows that enhance the security of the house or building is anticipated to provide lucrative growth opportunities to the key players in the market.
The global windows and doors market is segmented into product type, material, application, end user, and region. By product type, the windows and doors market is bifurcated into doors and windows. On the basis of material, the market is divided into wood, metal, and plastic. Depending on application, it is categorized into swinging, sliding, folding, and revolving & others. On the basis of end user, the market is categorised into residential, and non-residential Region wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, Italy, UK, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
The growing population across the world, especially in countries of Asia-Pacific such as China, India, Vietnam, and Indonesia is driving the growth of the construction industry, which, in turn, positively impact the growth of the windows and doors market. Moreover, surge in need for renovation and remodeling of old buildings to meet new statutory requirements acts as a key driving force of the global windows and doors market. However, the fluctuating cost of raw materials used for constructing windows and doors restrain the market growth.
Furthermore, due to COVID-19 the windows and doors market witnessed a halt, which led to a small-term decline in the market. However, as the number of COVID-19 cases dropped to almost nil, the market is expected to fully recover by the end of 2023.
Contrarily, the development of doors and windows that enhance the security of the house or building is anticipated to provide lucrative growth opportunities to the key players in the market.
The global windows and doors market is segmented into product type, material, application, end user, and region. By product type, the windows and doors market is bifurcated into doors and windows. On the basis of material, the market is divided into wood, metal, and plastic. Depending on application, it is categorized into swinging, sliding, folding, and revolving & others. On the basis of end user, the market is categorised into residential, and non-residential Region wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, Italy, UK, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Competition Analysis
Competitive analysis and profiles of the major players in the windows and doors is provided in the report. Major companies included in the report include Marvin, YKK Corporation, Sanwa Holdings Corporation (Horton Automatics Inc.), Cornerstone Building Brands, Inc. (Atrium Corporation), MI Windows and Doors, LLC., Andersen Corporation, Pella Corporation, JELD-WEN Holding, Inc., LIXIL Corporation, and DCM Shriram Ltd. (Fenesta Building System).Key benefits for stakeholders
- The report provides an extensive analysis of the current and emerging windows and doors market trends and dynamics.
- In-depth market analysis is conducted by constructing market estimations for the key market segments between 2022 and 2032.
- Extensive analysis of the windows and doors market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
- A comprehensive analysis of all regions is provided to determine the prevailing opportunities.
- The global windows and doors market forecast analysis from 2023 to 2032 is included in the report.
- Key market players within the windows and doors market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the windows and doors industry.
Key Market Segments
By Product
- Doors
- Windows
By Application
- Swinging
- Sliding
- Folding
- Revolving and Others
By End User
- Residential
- Non-residential
By Material
- Wood
- Metal
- Plastic
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Pella Corporation
- LIXIL Corporation
- JELD-WEN Holding, Inc.
- DCM Shriram Ltd. (Fenesta Building System)s
- Cornerstone Building Brands, Inc. (Atrium Corporation)
- Andersen Corporation
- Sanwa Holdings Corporation (Horton Automatics Inc,)
- YKK Corporation
- Marvin
- MI Windows and Doors, LLC.
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: WINDOWS AND DOORS MARKET, BY PRODUCT
CHAPTER 5: WINDOWS AND DOORS MARKET, BY MATERIAL
CHAPTER 6: WINDOWS AND DOORS MARKET, BY APPLICATION
CHAPTER 7: WINDOWS AND DOORS MARKET, BY END USER
CHAPTER 8: WINDOWS AND DOORS MARKET, BY REGION
CHAPTER 9: COMPETITIVE LANDSCAPE
CHAPTER 10: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to a new report titled, “Windows and Doors Market by Product, Material, Mechanism, End-User, and Region: Global Opportunity Analysis and Industry Forecast, 2021–2030,”The global windows and doors market size was $217.9billion in 2020 and is expected to reach $356,483.6million by 2030, registering a CAGR of 4.9% from 2021 to 2030. In 2020, Asia-Pacific dominated the global market accounting for 49.6% share of the market.
Increase in residential & non-residential construction and surge in home remodeling & renovation expenditures drive the windows and doors market growth. In addition, surge in construction spending in countries such as India, Germany, Japan, and the U.S. boosts the growth of the market. For instance, according to U.S. Census Bureau, the spending on construction has increased by nearly 9.3% from November 2020 to November 2021.
By product type, the market is segmented into windows and doors. The windows segment held the largest market share in 2020, and is expected to maintain its dominance during the forecast period. The doors segment is anticipated to grow at the highest growth rate owing to rise of multifamily housing trends. Moreover, rise in consumer spending on home improvement and growth in new construction activities are expected to provide opportunities for market development.
On the basis of material type, the windows & doors market is segmented into wood, metal, and plastic. Metal segment dominated the doors segment owing to its thermal insulation properties, high strength, strong aesthetics, and high utility of this material in the interior doors segment. The residential segment is anticipated to witness increased usage in light commercial & institutional applications, and is anticipated to show the highest growth rate.
The market is categorized on the basis of mechanism into swinging, sliding, folding, revolving, and others. Sliding segment leads the windows market owing to the increased adoption of double-hung windows and shift toward space-efficient homes.
However, high price packages for eco-friendly products are projected to hinder the market growth. Conversely, increase in construction of buildings is predicted to offer lucrative opportunities for the global market development.
Several manufacturers in the global market stopped their business activities due to lockdown implemented in developed and developing countries in 2020, owing to ban on construction activities. This halt in production activities impacted the revenue of the windows and doors manufacturing companies. For instance, net sales of JELD-WEN dropped by 1.3% from January 2020 to December 2020. In addition, lack of man power and raw materials affected the supply chain of the global windows and doors market. However, the market is projected to recover in the coming months due to reduced restrictions and reopening of the global windows and doors industry. Moreover, with the availability of vaccine against COVID-19, the global market is expected to gradually witness growth.
The global windows and doors market is segmented on the basis of product, material, end user, and region. Based on product, the market is segmented into windows and doors. The windows segment dominated the market in 2020. Based on material, the market is divided into wood, metal, and plastic. The metal segment dominated the market in 2020. Based on mechanism, the market is divided into swinging, sliding, folding, revolving, and others. The sliding segment dominated the market in 2020. Based on end user, the market is divided into residential and non-residential. The residential segment dominated the market in 2020.
Regionally, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific generated the highest revenue in 2020.
The key players profiled in the market report include Anderson Corporation, Atrium Corporation, Horton Automatics, JELD-WEN Inc, Lixil Group Corporation, Marvin Windows and Doors, Inc., MI Windows and Doors, Masco Corporation, Pella Corporation, YKK Corporation.
Key Findings Of The Study
- The report provides an extensive analysis of the current and emerging global windows and doors market trends and dynamics
- By product type, the windows segment dominated the windows and doors market share, in terms of revenue in 2020, and the doors segment is projected to grow at a CAGR of 74% during the forecast period
- By material, the metal material segment registered highest growth in the global windows and doors industry in 2020
- Based on end user, the residential segment is projected to register the highest growth rate in the coming years
- The report provides an extensive analysis of the trends and emerging opportunities of the market
Companies Mentioned
- Pella Corporation
- LIXIL Corporation
- JELD-WEN Holding, Inc.
- DCM Shriram Ltd. (Fenesta Building System)s
- Cornerstone Building Brands, Inc. (Atrium Corporation)
- Andersen Corporation
- Sanwa Holdings Corporation (Horton Automatics Inc,)
- YKK Corporation
- Marvin
- MI Windows and Doors, LLC.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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