Doors Market To Cross US$ 192.6 Billion By 2028 | IMARC Group

PRESS RELEASE

Published March 20, 2023

What is the Size of the Doors Market ? :

IMARC Group’s latest research report, titled “Doors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global doors market size reached US$ 131.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 192.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6.5% during 2023-2028.

Doors refer to movable barriers installed at entry and exit points of various areas. They can be broadly categorized into interior and exterior variants and are mostly manufactured using wood, glass, cardboard, plastic, metal, and other materials. Doors are available in several mechanic system types, including revolving, sliding, hinged, swinging, folding, etc. They are designed to offer access to the inside of a room, admit light and ventilation, enable a connecting link between the numerous internal parts of a house, improve aesthetic appeal, control the physical atmosphere within a space, etc. Doors even aid in providing convenience, safety, privacy, durability, energy efficiency, security, limiting noise, etc. Consequently, they find widespread applications in residential and non-residential establishments across the globe.

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Doors Market Growth and Development:

The expanding construction of residential and commercial spaces across countries is primarily driving the doors market. In line with this, the rising investments in home remodeling and renovation activities are also positively influencing the global market. Additionally, the introduction of innovative products, such as fire protection and sound insulation doors that ensure protection against fire spreading and facilitate noise proofing, respectively, is acting as another significant growth-inducing factor. Besides this, the launch of smart locks on doors integrated with fingerprint recognition systems and artificial intelligence (AI) that help to enhance security and reduce the dependency on physical keys for access is further catalyzing the market growth. Apart from this, the shifting consumer preferences toward eco-friendly products for improved sustainability and the escalating number of infrastructure development projects in rural areas, especially in developing countries, are expected to propel the doors market in the coming years.

Key Players Included in Global Doors Market Research Report:

Allegion plc
Andersen Corporation
Assa Abloy AB
Cornerstone Building Brands
dormakaba Group
JELD-WEN Inc
KONE Corporation
LIXIL Corporation
Pella Corporation
PGT Innovations
Sanwa Holdings Corporation
Simpson Door Company

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Key Market Segmentation:

Breakup by Type:

Interior Doors
Exterior Doors

Breakup by Material:

Wood
Glass
Metal
Plastic
Others

Breakup by Mechanism:

Swinging
Sliding
Folding
Revolving
Others

Breakup by Application:

Sound Insulation
Fire and Smoke Protection
Moisture Resistant and Wet Room
Radiation Protection
Burglary Protection
Others

Breakup by End User:

Residential
Non-residential

Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

Market Performance (2017-2022)
Market Outlook (2023-2028)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

Related Report By IMARC Group:

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