Global Doors Market Forecast to 2022: Rapid Urbanization in Emerging Economies is Providing Lucrative Opportunities - ResearchAndMarkets.com

DUBLIN--()--The "Doors Market by Material, Mechanism, Product Type, Mode of Application, Application, and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

The doors market is estimated at USD 81.67 billion in 2017 and is projected to reach USD 103.52 billion by 2022, at a CAGR of 4.86%. It is projected to grow over the next five years as a result of the growing construction industry. Factors such as rapid urbanization, rising residential & non-residential construction, growing middle-class, and rising income levels, especially in emerging economies such as India and China are expected to drive the doors market in the future.

The interior doors segment is estimated to lead the doors market in 2017; this segment is projected to retain its leading position through 2022. This growth can be attributed to the increased awareness and effectiveness of energy-efficient interior door systems among building owners and customers. Also, the rise in new construction and aftermarket activities in the residential sector is expected to propel the demand for interior doors.

Based on mode of application, the doors market has been segmented into new construction and aftermarket. The new construction segment is estimated to lead the doors market in 2017. With the increasing population, the demand for new constructions is growing in the residential sector. Industrialization, rising income levels, the growing middle-class population, and economic growth will drive investments in new residential and non-residential construction activities.

Market Dynamics

Drivers

  • Growth of the Construction Industry
  • Changing Interior Decor Preferences of Customers

Restraints

  • High Investment & Installation Costs of Eco-Friendly Doors

Opportunities

  • Increase in Demand for Replacement Doors from the Renovations Sector
  • Increase in Spending on Customization of Doors
  • Rapid Urbanization in Emerging Economies

Challenges

  • Fluctuating Raw Material Prices
  • Growing Environmental Concerns and Implementation of Standards in Door Products

Companies Mentioned

  • Allegion
  • Andersen
  • Arcat
  • Assa Abloy
  • Atrium
  • Boon Edam
  • Corinthian Doors
  • Dorma Kaba
  • Fancy Doors & Mouldings
  • Fenesta
  • Hormann
  • JELD-WEN
  • Lacantina Doors
  • Masco
  • Masonite International
  • Pella Corporation
  • PGT
  • Ply Gem Holdings
  • Simpsons Door Company
  • The Lyon & Billard Lumber

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Doors Market, By Material

7 Doors Market, By Mechanism

8 Doors Market, By Product Type

9 Doors Market, By Application

10 Doors Market, By Mode of Application

11 Doors Market, By Region

12 Competitive Landscape

13 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/t7kttt/global_doors?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
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Related Topics: Doors and Windows

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Doors and Windows