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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Window and Door Market Size, Share, Industry Outlook & Forecast 2016-2023.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Window and Door Market Size, Share, Industry Outlook & Forecast 2016-2023."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Window and Door Market Size, Share, Industry Outlook & Forecast 2016-2023 Window and door market size is expected to exceed USD 250 billion by 2023

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Window and door market size is expected to exceed USD 250 billion by 2023 growing at a CAGR of over 6% from 2016 to 2023. The rise in the demand can be attributed to increasing construction work as the global economy rebounds. Furthermore, increasing residential improvement activities along with growing repair demands is estimated to drive growth.  Rising global population is likely to increase the demand for housing as well as public buildings. Increasing value of non residential construction along with renewed downstream demand is estimated to fuel the revenue growth. In addition, industry consolidation is likely to improve the overall profit margin over the forecast period.  Uncertainties in the industry such as rising interest rates, labour availability as well as planning delays are estimated to hamper the industry growth. Proliferating usage of triple-pane insulated glazing windows and insulated core doors by builders during construction of buildings is anticipated to promote the industry growth over the forecast period. Global Market Scenario of Window and Door Industry

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  North America window and door market hold the largest share and expected to continue its dominance over the forecast period. The U.S. window and door market size was valued around USD 22.8 billion in 2014 and is expected to grow at a CAGR of over 7% from 2016 to 2023.  It is anticipated to reach over USD 32 billion by 2023 owing to flourishing housing construction activities in the region. Large number of energy cost conscious home owners took benefit of tax credits offered by the government from 2009 to 2011 and thus replaced older doors and windows with more energy efficient ones. Continue… Inquire For Buying Industry Report@ https://www.gminsights.com/inquiry-before-buying/244

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com For Customization as per your requirement please click@ https://www.gminsights.com/roc/244 Research Methodology

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Plastic doors and windows are estimated to be the fastest growing segment whereas metal doors and windows are likely to remain the largest industry segment from 2016 to 2023. Wood and metal products might face fierce competition owing to advantages offered by plastic products such as low cost, durability, minimal maintenance requirements and superior insulation abilities.  In addition, plastic windows are anticipated to gain its prominence in the developed economies such as Western Europe and the U.S. where energy efficiency is a major concern for various households. Flourishing non residential construction in the developing region such as China and India is expected to positively impact the industry demand for metal doors. Request Detailed Table of contents of Industry report@ https://www.gminsights.com/request-toc/upcoming/244 Products Insights

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse this full report@ https://www.gminsights.com/industry-analysis/window-and-door-market  Key industry participants in the window and door market share include Allegion plc, Alcoa Incorporated, Alpine Window, Alside, Amarr Garage Doors, Andersen Corporation, Ashworth Doors, ASSA ABLOY AB, Associated Materials LLC, Atrium Corporation, Axiall Corporation, Bison Building Materials, CECO Door Products, Champion Window, Champion Windows Manufacturing Incorporated, Clopay Building Products, CRH plc and Curries among others. Competitive Insights

7 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Regional Analysis  Asia Pacific window and door market is anticipated to be the fastest growing region and is likely to grow at a CAGR of over 7% from 2016 to 2023. The spur in the region can be subjected to rising income level among the developing nations such as China and India. As of 2014, China was the largest market for fenestration products and accounted for around 36% and is likely to reach 39% by 2023. The growth in the region is due to rapid industrialization and constant economic growth.  Africa and Middle East are anticipated to witness considerable growth for windows and doors due to increasing advanced building practices and growing usage of modern fenestration products.  Japan and Western Europe are forecast to witness satisfactory growth prospects from 2016 to 2023.  UK window and door market size is estimated to experience significant growth at CAGR 13.3% from 2016 to 2023 due to increasing construction of houses and buildings to accommodate the rising population across the country. Inquire For Buying Industry Report@ https://www.gminsights.com/inquiry-before-buying/244

8 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report On Window and Door Market@ https://www.gminsights.com/industry-analysis/window-and-door-market Request detailed table of contents of report@ https://www.gminsights.com/request-toc/upcoming/244 For Customization in this report click@ https://www.gminsights.com/roc/244

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