The global doors market is poised to record commendable gains over the coming years, propelled by an upsurge in the development and deployment of technological innovations by major market players.
Considering an instance of technologically advanced products, in March 2021, Masonite International Corporation, a prominent marketer, designer, distributor, and manufacturer of exterior and interior doors, announced patent-pending technology for the integration of internet and power connectivity into residential doors.
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This innovation represents the most significant advancement of the company in the field of research and development. Similar initiatives are expected to boost the demand for various types of interior and exterior doors through the analysis period.
As per the latest study by Global Market Insights, Inc., doors market size is anticipated to surpass USD 180 billion by 2027.
Key players in the doors industry comprise Gilgen Door System, Andersen Corporation, JELD-WEN Holding, Inc., DromaKaba, Boon Edam, Atrium Corporation, Rite-Hite, PORTALP Automatic Doors, Lixil Group Corporation, Marvin Windows & Doors, Pella Corporation, and others.
Few major trends augmenting doors industry growth are as follows:
Increasing popularity of wooden doors
The wood segment is slated to exceed a valuation of USD 80 billion in the total doors market through 2027. This is on account of high-performance, enhanced aesthetics, better insulation, optimized waste generation, longer life cycles, and low carbon emission.
Wooden framings are favored over other materials by numerous construction and architectural companies for the development of green buildings by the integration of natural materials into construction activities.
Rising demand for French doors
French doors are installed with outward openings toward terraces, gardens, covered patios, and balconies. The vital part of these doors comprises the top and bottom stainless steel shoot bolts that are used in fastening the movement of the door without a framework.
In addition, these doors are equipped with zinc hooks for robustly fastening the movement of the two doors. The French doors segment is estimated to foresee substantial growth, owing to their usage in houses that have traditional designs in architecture.
Favorable regulatory policies for carbon reduction in Europe
Europe doors market is projected to hold nearly 20 percent of the overall market share in 2027, impelled by the renovation of existing commercial and residential buildings as well as the establishment of new structures.
In addition, favorable government policies for meeting carbon reduction targets by providing encouragement to energy-efficiency measures in existing buildings have augmented the demand for doors in the region. The regional industry is also driven by a rise in housing projects, high levels of net migration, and a decrease in interest rates.
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Surging product deployment in residential constructions
The residential segment will account for a remarkable share of the total doors industry value through 2027. This is due to a rise in the demand for energy-efficient products, especially in new residential constructions.
Moreover, industry players are focusing on the provision of enhanced products for construction activities, considering the development of the infrastructure sector.
On the whole, increasing investments in the upgradation and development of commercial spaces by government organizations will augment doors market size through the estimated period.
Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Market definitions
1.2 Base estimates & working
1.2.1 North America
1.2.3 Asia Pacific
1.2.4 Latin America
1.2.5 Middle East & Africa
1.3 Forecast calculations
1.3.1 COVID-19 impact calculations on industry forecast
1.4 Data Sources
Chapter 2 Executive Summary
2.1 Global doors industry 360° synopsis, 2017 – 2027
2.1.1 Business trends
2.1.2 Product trends
2.1.3 Material trends
2.1.4 Application trends
2.1.5 Regional trends
Chapter 3 Global Doors Industry Insights
3.1 Industry segmentation
3.2 COVID-19 impact on industry landscape
3.3 Industry ecosystem analysis
3.3.1 Raw material suppliers
3.3.3 Fabricators and assemblers
3.3.4 Distribution channel analysis
3.3.5 Profit margin trends
3.3.6 Value chain disruptions due to COVID-19
3.3.7 Vendor matrix
3.4 Technology landscape
3.4.1 Innovations in door hardware components
3.4.2 CNC bending and cutting
3.5 Raw material analysis
3.6 Global construction spending overview
3.7 Industry best practices & key buying criteria
3.8 Regulatory landscape
3.9 Pricing analysis, by region
3.9.1 North America
3.9.3 Asia Pacific
3.9.4 Latin America
3.9.6 Cost structure analysis
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