Global Doors market report 2024, Forecast To 2033
30 Jan, 2024
The doors market has experienced rapid growth, surging from $138.26 billion in 2023 to $154.53 billion in 2024, with a compound annual growth rate (CAGR) of 11.8%. The growth in the historic period is attributed to the boom in construction and real estate, home renovation and remodeling, commercial building construction, concerns for security and safety, and the emphasis on energy efficiency and sustainability. Envisioning rapid growth in the next few years, the market is projected to reach $237 billion in 2028, with a CAGR of 11.3%. The growth in the forecast period is linked to an aging population and universal design, increased security solutions, energy-efficient doors, expansion in the commercial and industrial sector, and the growth of emerging markets. Major trends in the forecast period include touchless and contactless entry solutions, smart and IoT-enabled doors, technological advancements, strategic collaborations, and the use of innovative engineered wood.
Global Doors Market Key Driver
The doors market is set to expand with rapid global urbanization. According to the United Nations, 68% of the world's population is projected to live in urban areas by 2050. Urbanization drives demand for new residential and non-residential buildings, providing significant opportunities for the doors market's growth.
Get A Free Sample Of The Global Doors Market ReportGlobal Doors Market Segments
The global doors market covered in this report is segmented –
1) By Material : Wood, Glass, Metal, Composite, Plastic
2) By Mechanism: Swinging Doors, Sliding Doors, Folding Doors, Overhead Doors
3) By Application: Non-residential, Residential
By Geography: The regions covered in the Doors market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
Asia-Pacificwas the largest region in the Doors market in 2023. The regions covered in the doors market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major Doors Industry Players
Allegion plc, Andersen Corporation, Assa Abloy AB, Jeld-Wen Inc., KONE Corporation, Masco Corporation, Masonite International Corporation, Pella Corporation, PGT Innovations Inc., Simpson Door Company, American Automatic Doors Inc., Geze GmbH, Shakti Hormann Private Limited, Lixil Group Corporation, Ply Gem Holdings Inc., Fortune Brands Home & Security Inc., YKK AP Inc., Marvin Windows and Doors, Therma-Tru Doors, Clopay Building Products Company Inc., The Overhead Door Corporation, Wayne Dalton Corp., C.H.I. Overhead Doors Inc., Amarr Co. Inc., Raynor Manufacturing Company, Haas Door Company, Richards-Wilcox Inc., Midland Garage Door Mfg. Co., Northwest Door Inc., Windsor Door Siding and Windows, TruStile Doors LLC, Eggers Industries, VT Industries Inc., Algoma Hardwoods Inc., Graham Wood Doors, Karona Inc., Lynden Door Inc., Oshkosh Door Company, Rogue Valley Door Inc., Sierra Pacific Windows Inc.
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Doors Market Overview
Doors are hinged, movable barriers that control the atmosphere of the place by controlling the air drafts, increasing the visual appeal of the buildings. These are the most commonly used structures in any construction. The doors are used mainly to separate the interior spaces for privacy, security reasons, and others.
Doors Global Market Report 2023 provides data on the global doors market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The doors market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.