Market Highlights
The global exterior doors market is estimated to reach a global market value that accounts for USD 107,954 billion during the forecast period of 2021-2028 and is forecasted to be growing at a Exterior Doors Market CAGR of 6% from 2021 to 2028. Growth is expected to be driven by rising disposable income, increasing urbanization, and the demand for aesthetic appeal in residential spaces. Higher disposable incomes of the middle-class consumers and the growing construction industries are factors driving the growth of exterior doors market.
The exterior doors market is a segment of the construction industry that deals with the production, distribution, and sale of doors specifically designed for installation on the exterior of buildings. Exterior doors are an essential component of any building, providing security, insulation, and aesthetic appeal. The market for exterior doors includes various types of doors, such as entry doors, patio doors, storm doors, and garage doors.
The global exterior doors market has been growing steadily in recent years, driven by the increasing demand for energy-efficient and eco-friendly doors, as well as the growth of the construction industry. The market is highly competitive and fragmented, with numerous companies offering a wide range of products at varying prices.
Some of the key factors that are driving the growth of the exterior doors market include:
· Increasing demand for energy-efficient and eco-friendly doors.
· Growth of the construction industry, particularly in emerging economies.
· Rising consumer preference for aesthetically pleasing and high-quality doors.
· Advancements in door manufacturing technology, leading to improved product quality and efficiency.
Market Research Analysis
The global exterior doors market is a dynamic one and is expected to witness high growth over the forecast period. The market for the exterior doors is driven by construction and renovation of hotels, restaurants, multiplexes, supermarkets, and residential spaces owing to the rising need to enhance their aesthetic appeal. Increasing government investment for infrastructural development, increase in public funding, and steady decline in the cost of building raw materials, are cumulatively expected to propel the growth of global japanese exterior doors market. Asia-Pacific is expected to be the fastest growing segment by region. Of late, transformation of towns into cities and migration of the rural population to urban areas is expected to offer new investment opportunities for the manufacturers and new players in the global market during the forecast period. Population in the developing economies like India, China, and Brazil has changed their buying patterns which has resulted in the sale of high-quality exterior doors.
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Scope of the Report
This study provides an overview of the global exterior doors market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global exterior doors market by its type, material, mechanism, application and region.
Key Players
The key players of global exterior doors market include ASSA ABLOY (Sweden), JELD-WEN, Inc. (US), Marvin Windows and Doors (US), PELLA CORPORATION (US), Masonite (US), Bayer Built Inc. (US), Hörmann (Germany), LIXIL Group Corporation. (Japan), Yuanda China Holdings Limited (China), and Anderson Corporation (US) among others.
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