Home > Consumer Goods & Services > Home Improvement > Doors and Windows > Windows and Doors Market
The uPVC segment held over 30% of the windows and doors market share in 2020. uPVC window systems aid in insulation and energy saving; hence, are widely desired in residential and commercial apartments that use air conditioners. Excellent thermal and sound insulation are an added advantage of uPVC window systems. The availability of exceptional laminates and patterns also adds to the aesthetic value, further fueling the segment growth. The increasing demand for weather and chemical resistive products in commercial buildings will spur the market expansion.
The others segment includes WPC, glass, and others and is anticipated to reach USD 23 billion by 2027. WPC is a composite material that comprises thermoplastics and wood fibers. Thermoplastics may include polyvinyl chloride, polyethylene, and polypropylene. WPC windows & doors are manufactured using hardwood frames through special composite technology.
The residential segment will generate demand of more than 10 billion square foot by 2027 on account of the rising infrastructural development. Social development coupled with subsidies available for residential construction will positively influence the industry demand. Furthermore, increasing renovations along with the growing demand for aesthetically appealing infrastructure are anticipated to foster the overall market value during the forecast period.
Asia Pacific windows and doors market is estimated to attain around 6.4% growth rate till 2027. The implication of restructuring and upgrading regulations to abolish substandard architecture will provide new growth opportunities for the market across the region. Significant requirements to upgrade educational, commercial, and residential buildings in China are projected to provide strong growth indicators.
Rising building construction activities will further bolster regional window & door demand. Aluminum is locally produced and is completely recyclable; therefore, is gaining popularity in Asia Pacific as a sustainable option. Easy maintenance is also a key benefit of aluminum windows as windows mostly undergo a process called anodization, which protects them from rust, pitting, and other elements that shorten their lifespan. Benefits including chemical & biological resistance and low cost will drive the use of uPVC windows and doors over the next seven years.
North America is poised to surpass USD 40 billion by 2027. The growing investments in public and private infrastructure are predicted to enhance the market in this region. According to the U.S Census Bureau, in May 2021, construction spending in the U.S. accounted for over USD 1,545.3 billion.