Meticulous Research®, a top-tier global market research firm, has published a report titled "Window Frames Market by Material (Plastic, Metal, Fiberglass, Wood, Wood-clad), Type (Single-Hung, Double-Hung, Fixed, Others), End User (Residential, Commercial, Others) - Global Forecast to 2031."
The report projects that the global window frames market will reach $61.4 billion by 2031, with a CAGR of 8.6% from 2024 to 2031. The market's volume is expected to reach 345.7 million units by 2031, with a CAGR of 8.9%.
The market's growth is driven by the rapid expansion of the construction industry and increasing urbanization in emerging economies. Additionally, the growing demand for window frames in renovation projects and the rising preference for vinyl windows are expected to present significant opportunities. However, challenges such as the high cost of eco-friendly materials and fluctuations in raw material prices may restrict market growth.
The market is segmented by material, type, and end-user, and the report offers an in-depth analysis of industry competitors and regional market trends.
The material segment includes plastic, metal, fiberglass, wood, and wood-clad. The plastic segment is anticipated to hold the largest market share in 2024 due to its low maintenance, high durability, and excellent insulation properties. The fiberglass segment is expected to grow at the highest CAGR, driven by its environmental sustainability, resistance to warping, twisting, and cracking, and energy efficiency.
The market is further segmented by type, including single-hung, double-hung, slider, casement, fixed, awning, glass block, and hopper window frames. Single-hung window frames are projected to lead the market in 2024, owing to their energy efficiency, durability, and cost-effectiveness. The awning window frames segment is expected to experience the fastest growth, driven by its superior ventilation and design versatility.
The end-user segment is categorized into residential, commercial, and industrial sectors. The residential segment is expected to dominate the market in 2024, supported by increasing investments in housing and the need for improved aesthetics, privacy, and cross-ventilation. The commercial segment is anticipated to grow at the highest CAGR, driven by rising investments in commercial construction and the demand for energy-efficient, secure, and soundproof buildings.
Geographically, the market is segmented into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa. Asia-Pacific is expected to hold the largest market share in 2024, driven by rapid urbanization, infrastructure development, and the increasing adoption of energy-efficient uPVC windows. The Asia-Pacific region is also projected to register the highest growth rate during the forecast period.
Key Players:
The key players operating in the window frames market are Pella Corporation (U.S.), Andersen Corporation (U.S.), Milgard Manufacturing, LLC. (U.S.), Atrium Corporation (U.S.), MI Windows and Doors, LLC. (U.S.), JELD-WEN Holdings, Inc. (U.S.), Anglian Home Improvements (U.K.), Chelsea Building Products (U.S.), Crystal Window & Door Systems (U.S.), Deceuninck (Belgium), Eurocell (U.K.), Schuco International KG (Germany), LIXIL Corporation (Japan), Masco Corporation (U.S.), and BG Legno Srl (Italy).
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Key questions answered in the report-
· Which are the high-growth market segments based on material, type, and end user?
· What was the historical market for window frames?
· What are the market forecasts and estimates for the period 2024–2031?
· What are the major drivers, opportunities, and challenges in the window frames market?
· Who are the major players, and what shares do they hold in the window frames market?
· How is the competitive landscape in the window frames market?
· What are the recent developments in the window frames market?
· What are the different strategies adopted by the major players in the window frames market?
· What are the key geographic trends, and which are the high-growth countries?
· Who are the local emerging players in the global window frames market, and how do they compete with the other players?
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