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The India uPVC Doors & Windows market is anticipated to grow robustly during the forecast period, 2024-2028. Increasing consumer spending on the construction and renovation of commercial and residential buildings may drive the Indian uPVC Doors & Windows Market growth. Improving consumer awareness of the benefits of uPVC products, fast urbanization, substantial movement of working-class people to cities, as well as a rise in residential units all contributed to the industry's continuous expansion.Speak directly to the analyst to clarify any post sales queries you may have.
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Since, construction sector is growing rapidly in the future, hence huge number of uPVC doors & windows are use in infrastructure development, due to which market of India UPVC Doors & Windows is anticipated to register a high CAGR during the forecast period.
Smart City Construction in the Nation
The market is predicted to expand synergistically in the mid-long term due to numerous other driving aspects, including the lack of household units in the country, the fundamental government’s initiatives to grow affordable housing for all by 2022, and the construction of various smart metropolitan cities across the nation. For instance, The Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) is a social welfare initiative in India that aims to provide 'Housing for Everyone by 2022.' The program's goal is to offer permanent homes with basic amenities to all those without homes as well as those living in temporary or decrepit dwellings in rural regions.Urbanization, smart city construction, changing lifestyles owing to the increasing middle-class population and FDI in Indian firms are just a few of the causes driving the development of innovative building technologies and materials. One such construction material that has grown in popularity as a replacement for other traditional materials is UPVC (unplasticized polyvinyl chloride).
It prevents condensation, which also eliminates thermal bridging and this material grade never flakes, fades, pits, peels, peels, rusts, or corrodes. The only thing it requires for maintenance is a check of the seal and a mild soapy wash. UPVC is cheap and has features like as excellent rigidity, aesthetic appearance, and flame retardancy. As the residue of vinyl chloride is limited, UPVC is FDA compliant and suited for transparent applications. It is also more chemical resistant than flexible PVC.
UPVC requires less maintenance and is an efficient material for manufacturing windows and doors. Due to the numerous advantages that uPVC provides, the industry has seen an increase in demand for UPVC windows and doors in recent years. UPVC windows and doors offer effective thermal insulation and contribute to energy conservation. Furthermore, with correctly built windows and installations, UPVC windows provide great sound insulation. Due to which market is expected to grow with the high CAGR during the forecast period.
Affordable Housing & Rising Real Estate Construction
Affordable housing is in scarce supply in India's rapidly growing cities. Now, the country is short 18 million homes, 15 million of which are needed for low-income households earning less than INR 16,000 (USD 250) each month. The UPVC material is recyclable, offers UV protection, sound insulation, salinity resistance, and impact resistance, and has various additional commercial applications. Since unplasticized PVC does not include any extra additive material during manufacture, it needs less energy to produce. Hence, in India people are adopting uPVC doors and windows.According to Savills India, data center real estate demand is predicted to expand by 15-18 million square feet by 2025. By 2023, organized retail real estate stock is predicted to rise by 28% to 82 million square feet. Demand for doors and windows has grown due to greater urbanization and rising household income. India is one of the top ten fastest-growing housing markets in the world. As a result, substantial residential unit construction is necessary to fulfil the housing sector's demand. The residential sector has enormous potential for UPVC door and window growth and adoption.
Government Initiatives Towards Smart City Program
Additionally, the Government of India launched a program in 2015 to build 100 smart cities by FY2020. Smart cities prioritise public safety, energy conservation, and environmental friendliness. Owing to its high compliance in high-rise structures and esthetic features, UPVC doors and windows are more likely to emerge as the preferred fenestration choice over conventional aluminum and timber equivalents. The federal government's announcement of 100 smart cities, expansion in infrastructure owing to massive investment by the government of India, and an increase in FDI all indicate that the UPVC window and door industry could have additional chances and expand at a decent discount. Moreover, a few infrastructure development projects will be completed in these locations, which may offer further impetus to the sector between 2024 and 2028.Latest Innovation in uPVC Doors & Windows
Doors and Windows market products, such as uPVC, to people searching for comfort and improved lives at low pricing. Casement (outward and inward open), tilt and turn, sliding, slide and fold, lift and slide, top hung, and other forms of uPVC windows and doors complement modern architecture in a unique way.The growing popularity and demand for uPVC windows and doors has provided chances for several local and Chinese companies to enter this market. Since India is a price sensitive market, these corporations frequently compromise quality to increase profits, resulting in a negative image of the product.
Furthermore, when properly built and installed, uPVC windows provide excellent sound insulation. uPVC windows and doors are available in a variety of forms and styles to match any modern architecture and may be installed in any type of structure, including villas, high-rise apartments, businesses, hotels, and hospitals. They are also available in a variety of color options, which may add value to your home's interiors/exteriors. Interestingly, people don't have to be concerned about the durability, uPVC compound qualities - window and door profiles are termite resistant..
Market Segmentation
The India UPVC Doors & Windows Market is divided on the basis of product type, end user, distribution channel and region. Based on product type, the market is further bifurcated into UPVC Doors and UPVC Windows. Based on end user, the market is further divided into residential, commercial, industrial, and public. Based on distribution channel, the market is further segmented into offline stores and online stores. Based on region, the market is divided into North India, West India, South India and East India.Market player
Major players operating in India UPVC Doors & Windows Market are ENCRAFT India Pvt. Ltd, Dimex India Pvt. Ltd, Fenesta, Investment Advisors Pvt. Ltd, Koemmerling India, LESSO India, REHAU Group, LG Hausys, NCL Wintech, and Veka India.Report Scope:
In this report, India UPVC Doors & Windows Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:India UPVC Doors & Windows Market, By Product Type:
- UPVC Doors
- UPVC Windows
India UPVC Doors & Windows Market, By End User:
- Residential
- Commercial
- Industrial
- Public
India UPVC Doors & Windows Market, By Distribution Channel:
- Offline Stores
- Online Stores
India UPVC Doors & Windows Market, By Region:
- West India
- North India
- South India
- East India
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in India UPVC Doors & Windows Market.Available Customizations:
With the given market data, the publisher offers customizations according to a company's specific needs.This product will be delivered within 1-3 business days.
Table of Contents
1. Product Overview
2. Research Methodology
6. India uPVC Doors & Windows Market Outlook
7. West India uPVC Doors & Windows Market Outlook
8. North India uPVC Doors & Windows Market Outlook
9. South India uPVC Doors & Windows Market Outlook
10. East India uPVC Doors & Windows Market Outlook
11. Market Dynamics
16. Company Profiles
18. About the Publisher & Disclaimer
Companies Mentioned
- ENCRAFT India Pvt. Ltd.
- Dimex India Pvt. Ltd.
- Fenesta
- Investment Advisors Pvt. Ltd
- Koemmerling India
- LESSO India
- REHAU Group
- LG Hausys
- NCL Wintech
- Veka India
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 89 |
Published | October 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 240.54 Million |
Forecasted Market Value ( USD | $ 319.05 Million |
Compound Annual Growth Rate | 4.8% |
Regions Covered | India |
No. of Companies Mentioned | 10 |