Asia Pacific Windows and Doors Market size crossed USD 62.68 billion in 2020 and is poised to expand at a growth of around 5.7% from 2021 to 2027.
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uPVC is the most widely used material in manufacturing doors & windows and is expected to garner around 30% market share by 2027. uPVC windows & doors provide better insulation and energy saving. They are widely used in households and commercial buildings that use air conditioners owing to their properties. Excellent sound and thermal insulation are added advantages of uPVC windows and doors.
uPVC windows and doors are maintenance-free and require no painting. The retention of original shape and form for a longer duration will influence material penetration in the market. Advancements in design owing to the provision of water slots for proper drainage ensure their long life.
Potential growth opportunities may be witnessed across China owing to growing new construction in healthcare, education, retail, and social infrastructures. The rising population will draw in huge demands for new infrastructure, thus aiding commodity, housing, and commercial requirements. Increasing commercialization and urbanization across the country.
Australia windows and doors market will account for over 40% of the Asia Pacific revenue share by 2027. In Australia, the demand to reduce harmful gas emissions and rising energy costs have increased the focus on improving energy efficiency in homes and buildings. Around 40% of the heat is lost during winter, which can be minimized by adopting uPVC to replace older windows, reducing greenhouse gas emissions by more than one ton a year.
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The residential application segment revenue is anticipated to grow at 5.3% CAGR through 2027. The positive outlook of residential buildings owing to the increasing population will boost the overall market demand. Growing infrastructural development is a key factor that will drive the market. Social development coupled with grants available for residential construction will positively influence the industry size. Household renovations have observed a robust expansion in the past and are projected to carry on over the coming years.
Some of the major manufacturers in the Asia Pacific windows and doors market include Anderson Corporation, ATIS Group, Century Plyboards (India) Limited, Pella Corporation, JELD-WEN Holding, Inc., Fenesta Building Systems, and LG Hausys Ltd.
Companies are shifting their focus toward the usage of advanced materials to develop energy-efficient products. Andersen Corporation offers an extensive product range, covering residential and commercial applications. The company also has an online presence through its user-friendly website to attract consumers. The company acquired Weiland Sliding Doors and Windows to strengthen its door product portfolio.