North America Fiberglass Doors Market Size

Report ID: GMI9249
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Published Date: April 2024
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Report Format: PDF

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North America Fiberglass Doors Market Size

North America Fiberglass Doors Market size was valued at USD 7.03 billion in 2023 and is anticipated to register a CAGR of 5.3% between 2024 and 2032. Modern homeowners and property owners prioritize practicality and convenience. Fiberglass doors address this need perfectly. Unlike traditional wood doors requiring frequent repainting and repairs, fiberglass boasts exceptional durability, resisting warping, rotting, and insect damage. This translates to significant cost savings over time and reduced maintenance hassle. Additionally, a growing emphasis on sustainability aligns well with fiberglass doors.

 

North America Fiberglass Doors Market

Many manufacturers utilize recycled materials, and the long lifespan of these doors minimizes replacement needs, reducing environmental impact. A 2023 Houzz & Home survey found that 67% of homeowners prioritize ease of maintenance, while a 2022 NAHB report indicated that 76% of homebuyers consider a home's environmental impact. These trends bode well for the fiberglass doors market.

 

Additionally, fiberglass doors require minimal maintenance compared to traditional material like wood or steel. They are resistant to wrapping, rotting, and corrosion making them an attractive option for homeowners and business seeking durable and low-maintenance door solutions. The convenience of fiberglass doors, coupled with their long-term cost saving, is driving their adoption across various market segments.

 

One significant restraint facing the fiberglass door market is the high initial costs associated with these products. While fiberglass doors offer numerous advantages such as durability, energy efficiency, and low maintenance requirements, their upfront expenses can be prohibitive for some consumers. Compared to traditional wooden or steel doors, fiberglass doors typically come with a higher price tag due to the advanced manufacturing processes involved and the quality of materials used. This can deter budget-conscious consumers or those with limited financial resources from investing in fiberglass doors, especially when more affordable alternatives are available.

 

Additionally, for businesses or homeowners undergoing large-scale renovations or construction projects, the cumulative cost of outfitting multiple entry points with fiberglass doors can significantly impact overall budget allocations, potentially leading to cost-cutting measures or alternative material choices.

 

Authors: Avinash Singh, Sunita Singh
Frequently Asked Question(FAQ) :
Why are fiberglass doors preferred in the U.S.?
U.S. fiberglass doors market generated USD 5.28 billion in 2023, with the rising prioritization of energy-efficient construction practices.
Who are the major North America fiberglass doors industry players?
How much is the North America fiberglass doors market worth?
Why is the demand for single entry fiberglass doors rising in North America?
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    Base Year: 2023

    Companies covered: 15

    Tables & Figures: 212

    Countries covered: 23

    Pages: 256

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