Garage And Overhead Doors Global Market Report 2023

Description

“Garage And Overhead Doors Global Market Report 2023 ” 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 garage and overhead 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.
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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.
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Where is the largest and fastest growing market for garage and overhead doors? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The garage and overhead 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: Aluminum; Steel; Wood; Fiberglass; Vinyl

2) By Application: Exterior Application; Interior Application

3) By End Users: Residential; Commercial

Companies Mentioned: Clopay Corporation; Wayne Dalton; Raynor Garage Doors; Delden Garage Doors Inc.; Hormann

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

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

Major players in the garage and overhead doors market are Clopay Corporation, Wayne Dalton, Raynor Garage Doors, Delden Garage Doors Inc., Hormann, Assa Abloy AB, Midland Garage Door, PerforMax Global LLC, Dynaco, Rite-Hite, Rytec Corporation, Chase Industries Inc., Goff's Enterprises Inc., and Sanwa Holdings Corporation.

The global garage and overhead doors market is expected to grow from $6.55 billion in 2022 to $6.93 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The garage and overhead doors market is expected to grow to $8.46 billion in 2027 at a CAGR of 5.1%.

The garage and overhead doors market consists of sales of sectional, roll-up, slide to the side, side hinged, tilt-up canopy, and tilt-up retractable garage and overhead doors. 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.

An overhead door refers to a door that rotates on a horizontal axis and is supported horizontally whereas open and garage door refers to a large door on a garage that can either be opened manually or by a garage door opener.

North America was the largest region in the garage and overhead doors market in 2022. The regions covered in the garage and overhead doors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The materials included in the garage and overhead doors are aluminum, steel, wood, fiberglass, and vinyl. Steel refers to an alloy of iron and carbon containing less than 2% carbon and 1% manganese and small amounts of silicon, phosphorus, sulfur, and oxygen. The various applications include exterior and interior with residential and commercial end users.

The rising investment in residential infrastructure projects and construction activities are expected to propel the growth of the garage and overhead door market going forward. Residential infrastructure and construction refer to public services and facilities necessary to support residential development, including sewer and water lines, wastewater treatment plants, waterworks, schools, parks, streets, street lights, and stormwater management facilities. The overhead garage doors have many advantages, and the ability to tailor construction projects to needs and make a greater addition to construction projects. For instance, according to FMI, a US-based consulting and investment banking firm, spending on engineering and construction overall in the United States increased by 8% in 2021. Construction of single-family homes is projected to cost $380 billion, a 22% increase from 2020. The expected value of multi-family home buildings increased by 18% last year to $111 billion. $92 billion was spent on a commercial building in 2021, an increase of 6% from the year before. Spending on home improvements rose by 19% in 2021. Therefore, the increase in investment in residential infrastructure projects and construction activities is driving the growth of the garage and overhead door markets.

Technological advancements are a key trend gaining popularity in garages and the overhead door market. Major companies operating in the garage and overhead door markets are focused on innovating new technologies to sustain their position in the market. For instance, in November 2020, Centurion Garage Doors, an Australia-based firm providing quality garage doors and opening products launched a new MY CGD SmartPhone App and Garage Door Opener with a built-in camera and video access. After installing the app and downloading the new software the user can operate the garage door from anywhere and see exactly what's happening. Users can receive notifications from the app each time door is opened or closed. It keeps track of the condition of the door and notifies if anything is amiss. Users may check the full diagnostics, including activity, to find out when and who has entered and exited the building.

In June 2022, Nucor Corporation, a US-based manufacturer of steel and related products acquired C.H.I. Overhead Doors for an amount of $3.0 billion. This acquisition is expected to increase Nucor's product offerings into markets that are a logical progression of the company's current operations and make use of its effective manufacturing strategy. C.H.I. Overhead Doors is a US-based manufacturer of high-quality residential garage doors, commercial doors, and rolling steel doors.

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

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.

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

Product Code: r6143

1. Executive Summary

2. Garage And Overhead Doors Market Characteristics

3. Garage And Overhead Doors Market Trends And Strategies

4. Garage And Overhead Doors Market - Macro Economic Scenario

4.1. COVID-19 Impact On Garage And Overhead Doors Market
4.2. Ukraine-Russia War Impact On Garage And Overhead Doors Market
4.3. Impact Of High Inflation On Garage And Overhead Doors Market

5. Garage And Overhead Doors Market Size And Growth

5.1. Global Garage And Overhead Doors Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
5.2. Global Garage And Overhead Doors Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market

6. Garage And Overhead Doors Market Segmentation

6.1. Global Garage And Overhead Doors Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Aluminum
Steel
Wood
Fiberglass
Vinyl
6.2. Global Garage And Overhead Doors Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Exterior Application
Interior Application
6.3. Global Garage And Overhead Doors Market, Segmentation By End Users, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Residential
Commercial

7. Garage And Overhead Doors Market Regional And Country Analysis

7.1. Global Garage And Overhead Doors Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Garage And Overhead Doors Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

8. Asia-Pacific Garage And Overhead Doors Market

8.1. Asia-Pacific Garage And Overhead Doors Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Garage And Overhead Doors Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8.3. Asia-Pacific Garage And Overhead Doors Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

9. China Garage And Overhead Doors Market

9.1. China Garage And Overhead Doors Market Overview
9.2. China Garage And Overhead Doors Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
9.3. China Garage And Overhead Doors Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

10. India Garage And Overhead Doors Market

10.1. India Garage And Overhead Doors Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
10.2. India Garage And Overhead Doors Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

11. Japan Garage And Overhead Doors Market

11.1. Japan Garage And Overhead Doors Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11.2. Japan Garage And Overhead Doors Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

12. Australia Garage And Overhead Doors Market

12.1. Australia Garage And Overhead Doors Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12.2. Australia Garage And Overhead Doors Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

13. Indonesia Garage And Overhead Doors Market

13.1. Indonesia Garage And Overhead Doors Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13.2. Indonesia Garage And Overhead Doors Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

14. South Korea Garage And Overhead Doors Market

14.1. South Korea Garage And Overhead Doors Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14.2. South Korea Garage And Overhead Doors Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

15. Western Europe Garage And Overhead Doors Market

15.1. Western Europe Garage And Overhead Doors Market Overview
15.2. Western Europe Garage And Overhead Doors Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15.3. Western Europe Garage And Overhead Doors Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

16. UK Garage And Overhead Doors Market

16.1. UK Garage And Overhead Doors Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16.2. UK Garage And Overhead Doors Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

17. Germany Garage And Overhead Doors Market

17.1. Germany Garage And Overhead Doors Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17.2. Germany Garage And Overhead Doors Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

18. France Garage And Overhead Doors Market

18.1. France Garage And Overhead Doors Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18.2. France Garage And Overhead Doors Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

19. Eastern Europe Garage And Overhead Doors Market

19.1. Eastern Europe Garage And Overhead Doors Market Overview
19.2. Eastern Europe Garage And Overhead Doors Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19.3. Eastern Europe Garage And Overhead Doors Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

20. Russia Garage And Overhead Doors Market

20.1. Russia Garage And Overhead Doors Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20.2. Russia Garage And Overhead Doors Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

21. North America Garage And Overhead Doors Market

21.1. North America Garage And Overhead Doors Market Overview
21.2. North America Garage And Overhead Doors Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21.3. North America Garage And Overhead Doors Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

22. USA Garage And Overhead Doors Market

22.1. USA Garage And Overhead Doors Market Overview
22.2. USA Garage And Overhead Doors Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22.3. USA Garage And Overhead Doors Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

23. South America Garage And Overhead Doors Market

23.1. South America Garage And Overhead Doors Market Overview
23.2. South America Garage And Overhead Doors Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23.3. South America Garage And Overhead Doors Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

24. Brazil Garage And Overhead Doors Market

24.1. Brazil Garage And Overhead Doors Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24.2. Brazil Garage And Overhead Doors Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

25. Middle East Garage And Overhead Doors Market

25.1. Middle East Garage And Overhead Doors Market Overview
25.2. Middle East Garage And Overhead Doors Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25.3. Middle East Garage And Overhead Doors Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

26. Africa Garage And Overhead Doors Market

26.1. Africa Garage And Overhead Doors Market Overview
26.2. Africa Garage And Overhead Doors Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26.3. Africa Garage And Overhead Doors Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

27. Garage And Overhead Doors Market Competitive Landscape And Company Profiles

27.1. Garage And Overhead Doors Market Competitive Landscape
27.2. Garage And Overhead Doors Market Company Profiles
- 27.2.1. Clopay Corporation
  - 27.2.1.1. Overview
  - 27.2.1.2. Products and Services
  - 27.2.1.3. Strategy
  - 27.2.1.4. Financial Performance
- 27.2.2. Wayne Dalton
  - 27.2.2.1. Overview
  - 27.2.2.2. Products and Services
  - 27.2.2.3. Strategy
  - 27.2.2.4. Financial Performance
- 27.2.3. Raynor Garage Doors
  - 27.2.3.1. Overview
  - 27.2.3.2. Products and Services
  - 27.2.3.3. Strategy
  - 27.2.3.4. Financial Performance
- 27.2.4. Delden Garage Doors Inc.
  - 27.2.4.1. Overview
  - 27.2.4.2. Products and Services
  - 27.2.4.3. Strategy
  - 27.2.4.4. Financial Performance
- 27.2.5. Hormann
  - 27.2.5.1. Overview
  - 27.2.5.2. Products and Services
  - 27.2.5.3. Strategy
  - 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Garage And Overhead Doors Market

29. Garage And Overhead Doors Market Future Outlook and Potential Analysis

30. Appendix

30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. The Business Research Company
30.6. Copyright And Disclaimer