The research study on the Doors and Windows Market offers you detailed and accurate analyzes to strengthen your position in the market. It provides the latest updates and powerful insights into the Doors and Windows industry to help you improve your business tactics and ensure strong revenue growth for years to come. It sheds light on current and future market scenarios and helps you understand the competitive dynamics of the Doors and Windows market.
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.
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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.
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.
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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.
Key Findings Of The Study
- 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.
- In depth, the global windows and doors market analysis is conducted by constructing estimations for the key segments between 2020 and 2030.
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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.