Doors Global Market Report 2024

“Doors Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on doors market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis
• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for doors? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The doors market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

• 1) By Material: Wood; Glass; Metal; Composite; Plastic
• 2) By Mechanism: Swinging Doors; Sliding Doors; Folding Doors; Overhead Doors
• 3) By Application: Non-residential; Residential
• Companies Mentioned: Allegion plc; Andersen Corporation; Assa Abloy AB; Jeld-Wen Inc.; KONE Corporation
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Doors serve as hinged, movable barriers within constructions, effectively regulating the atmosphere by controlling air drafts and enhancing the visual appeal of buildings. These structures are fundamental components in various constructions, commonly employed to delineate interior spaces for reasons such as privacy and security.

Doors are crafted from a variety of materials, including wood, glass, metal, composite, and plastic. Wooden doors are typically constructed using a frame and panel design, utilizing natural wood that can be either softwood or hardwood. Hardwood is often preferred for exterior doors due to its durability and safety considerations. Doors function through diverse mechanisms, such as swinging doors, sliding doors, folding doors, and overhead doors, finding applications in both non-residential and residential settings.

The doors market research report is one of a series of new reports from The Business Research Company that provides doors market statistics, including doors industry global market size, regional shares, competitors with a doors market share, detailed doors market segments, market trends and opportunities, and any further data you may need to thrive in the doors industry. This doors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The doors market size has grown rapidly in recent years. It will grow from $138.26 billion in 2023 to $154.53 billion in 2024 at a compound annual growth rate (CAGR) of 11.8%. The growth observed in the historic period can be attributed to several factors, including the expansion of construction and real estate, increased activities in home renovation and remodeling, the construction of commercial buildings, heightened concerns about security and safety, and a growing emphasis on energy efficiency and sustainability in building practices.

The doors market size is expected to see rapid growth in the next few years. It will grow to $237 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. Anticipated growth in the forecast period can be attributed to various factors, including the aging population and the emphasis on universal design, heightened demand for security solutions, a focus on energy-efficient doors, expansion in the commercial and industrial sectors, and growth in emerging markets. Key trends in this period include the adoption of touchless and contactless entry solutions, the integration of smart and IoT-enabled doors, continuous technological advancements, strategic collaborations, and the utilization of innovative engineered wood in door construction.

The doors market is experiencing significant growth due to the rapid urbanization observed globally. Urbanization involves the migration of populations from rural to urban areas, leading to increased population density in urban settings. This trend is generating a heightened demand for new residential and non-residential structures, creating opportunities for the expansion of the doors market. As reported by the Department of Economic and Social Affairs, United Nations, it is projected that 68% of the world's population, equivalent to 2.5 billion people, will be residing in urban areas by 2050. Consequently, the ongoing process of rapid urbanization is expected to be a driving force for the doors market.

The doors market is anticipated to benefit from the growth in the construction industry. The construction industry encompasses various activities related to infrastructure development, renovation, repair, and maintenance. With the surge in construction activities attributed to rapid industrialization and urbanization, there is an increasing demand for doors. Doors play a crucial role in providing reliable solutions for home renovations and enhancing safety in both residential and non-residential structures such as schools, offices, universities, and government buildings. For instance, in June 2021, according to Statistics Canada, the national statistical agency of Canada, there was a significant increase in building construction investment, reaching $19,273 million in 2020 from $14,294 million in April 2019. Additionally, the 2022 U.S. Construction Cost Trends report indicates a 16% growth in total construction spending in the United States since the onset of the pandemic. Thus, the robust growth in the construction industry is a key driver for the doors market.

Technological advancements represent a notable trend in the doors market. Companies operating in the doors industry are actively investing in new technologies to fuel market growth. For example, Assa Abloy, a Sweden-based company specializing in doors-related products and services, is at the forefront of developing automatic sliding digital display doors. This innovation involves combining LG Electronics' cutting-edge organic light-emitting diode (OLED) display technology, enabling these doors to showcase images and videos through various technological features. This integration of technology is contributing to the evolution of doors and expanding their capabilities in the market.

Major companies in the doors market are strategically focusing on launching energy-efficient door systems to cater to the increasing demand for sustainability and improved performance in both residential and commercial segments. One notable example is All Weather Inc., a US-based company, which introduced the Series 9200, a thermally broken bifold door system in April 2022. This innovative door system is designed to address the growing demand for larger, high-performing aluminum folding doors. The Series 9200 emphasizes energy efficiency by incorporating features such as a narrow stile and rail profile for a modern aesthetic, robust panels for structural integrity, a pinch-proof child-safe design for safety, and thermal insulation with oil-air insulated dual glazed units, ultimately enhancing energy efficiency. This product launch reflects the industry's commitment to meeting consumer demands for energy-efficient solutions.

The acquisition of Sunview Patio Doors by Novatech Group in December 2021 is a strategic move aimed at expanding production networks in the Canadian and American markets. Sunview Patio Doors, a Canada-based manufacturer of vinyl and aluminum doors, complements Novatech Group's portfolio and strengthens its presence in the doors market.

Major companies operating in the doors market include Allegion PLC, Andersen Corporation, Assa Abloy AB, Jeld-Wen Inc., KONE Corporation, Masco Corporation, Masonite International Corporation, Pella Corporation, PGT Innovations Inc., Simpson Door Company, American Automatic Doors Inc., Geze GmbH, Shakti Hormann Private Limited, Lixil Group Corporation, Ply Gem Holdings Inc., Fortune Brands Home & Security Inc., YKK AP Inc., Marvin Windows and Doors, Therma-Tru Doors, Clopay Building Products Company Inc., The Overhead Door Corporation, Wayne Dalton Corp., C.H.I. Overhead Doors Inc., Amarr Co. Inc., Raynor Manufacturing Company, Haas Door Company, Richards-Wilcox Inc., Midland Garage Door Mfg. Co., Northwest Door Inc., Windsor Door Siding and Windows, TruStile Doors LLC, Eggers Industries, VT Industries Inc., Algoma Hardwoods Inc., Graham Wood Doors, Karona Inc., Lynden Door Inc., Oshkosh Door Company, Rogue Valley Door Inc., Sierra Pacific Windows Inc.

Asia-Pacific was the largest region in the Doors market in 2023. The regions covered in the doors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the doors market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

The doors market consists of sales of doors made up of aluminium doors, fiber reinforced plastics doors, and fiberglass doors among others. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.