Published Date: 2021-04-22
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North American Doors Market size is projected to cross USD 43.4 billion by 2027, according to a latest forecast report by Graphical Research. The rapid rate of urbanization, surging construction of commercial buildings, and the growing need for renovation of old buildings are growth enabling factors of the market.
The regional construction industry, which is developed by strong industrial expansion is generating an accelerating demand for high-performance doors. The North American doors market, underpinned by favorable regulatory norms for agricultural construction, sustainable housing, industrial fire safety, workshops is expected to witness a significant rise during the forecast period. Additionally, a rising share of old houses and structures is generating the increasing need for renovation activities, further stimulating the market demand.
The COVID-19 outbreak has negatively impacted the construction industry and is further facing several challenges in regard to contractual obligations, health & safety measures, deliverables, and project delays or terminations. This, in turn, had a severe toll on the doors industry owing to reduced consumer demand.
Browse detailed statistical insights from the report, “North America Doors Market Size By Application (Residential {New Residential, Improvement & Repair}, Commercial {New Residential, Improvement & Repair}), By Product (Hinged, French, Sliding, Others), By Material (Wood, Metal, uPVC, Others), Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2021 – 2027” along with the table of contents (ToC) @
https://www.graphicalresearch.com/industry-insights/1757/north-america-doors-market
The commercial application segment is predicted to exhibit a CAGR of 4% through 2027. Strong industrial development, booming IT sector, favorable FDI norms, and superior characteristics of commercial doors are the key factors propelling the market growth. Non-residential buildings often require high-performing doors to safeguard the facility against burglary and fire. This is driving the adoption of metal and uPVC material-based doors. Doors manufactured from uPVC are especially expected to observe a high rate of penetration and will contribute a significant portion to the overall market value.
The sliding door segment dominated over 30% of the market share in 2020. Limited space consumption, high aesthetic appeal, thermal & noise insulation, energy-efficient, desirable strength are some of the benefits delivered by sliding doors rendering them a preferable product for several residential and non-residential applications. These doors are highly demanded for facilities, such as theaters, warehouses, shopping malls, and shop fronts, among others.
Major players of the market are adopting several strategic initiatives, such as product launches, mergers, acquisitions, and production capacity expansion to reinforce their industry foothold. Some of the key manufacturers of doors present in North America include Andersen Corporation, Jeld-Wen Holding, Pella Corporation, Masco Corporation, Marvin Windows & Doors, LIXIL Corporation, Simpson Door Company, Marvin Lumber and Cedar Co., Doorsmith, Portatec, and Master Doors Incorporation.
The North American doors market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Million from 2016 to 2027 for the following segments:
North America Market, By Product
North America Market, By Material
North America Market, By Application
The above information has been provided for the following countries:
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