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Door & Window Frames Market worth around $158 Bn by 2028
Published Date: February 3, 2022Door and Window Frames Market size is anticipated to surpass USD 158 billion by 2028, according to a new research report by Global Market Insights Inc.
Construction and infrastructural development activities across the globe are driving the window & door frame industry growth. The adoption trend of smart cities is expanding globally, which is estimated to further spur the market demand. Furthermore, rising construction activities coupled with increasing penetration of uPVC in window & door systems are projected to generate substantial revenue gains.
Rising population is augmenting the demand for new construction, serving commercial, residential & commodity requirements. Improving state & government finances, commercialization, and public funding in emerging economies including Poland, Russia, South Africa, and Brazil will create a huge demand for window & door frame profiles.
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uPVC and wooden material segments to boost the market demand
Wood is often compared with UPVC. In terms of aesthetic appearance, wooden frames are preferred by architectural & construction firms, aiding them to build a Green Building by incorporating environmental-friendly materials in their construction activities. The wooden Door & Window Frames Market is poised to grow at over 5.5% CAGR through 2028.
Metals, mainly steel & aluminum, are widely used in window & door frames production. Metal frames offer advantages, such durability & strength, and are also aseptically appealing. The commercial sector is a major user of metal frames globally. Moreover, industry participants use recycled metal products to minimize raw material costs and gain environmental benefits. Companies, such as Hunter Douglas, have a strong backward integration, which includes a large & recycled aluminum production.
Browse key industry insights spread across 200 pages with 229 market data tables & 33 figures & charts from the report, “Window and Door Frame Market Size By Material (uPVC, Wood, Metal), By Application (Residential [New Residential, Improvement & Repair], Commercial [New Commercial, Improvement & Repair]), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2022 – 2028”, in detail along with the table of contents” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/window-and-door-market
The commercial segment to witness significant growth
Commercial Door & Window Frames Market is slated to register growth rate of around 6% through 2028 impelled by increasing applications of glass, uPVC, WPC, and metal. Commercial applications require better security from burglary and fire. Strong door & window frames, such as steel, aluminum & glass, provide safety against fire & burglary and are likely to showcase steady growth.
Latin America observed higher-than-anticipated construction activities in the first quarter of 2021. The regional construction industry is set to rise by over 5% in 2022, notably in nations including Brazil, Mexico, Argentina, Colombia, and Peru. Despite the continued rise in COVID-19 cases, the construction sector appears to be benefiting from a faster-than-expected recovery as positive effects from the U.S. incentive packages and robust growth in China.
The Middle East region is forecast to achieve 5.5% gains through 2028. Government initiatives toward infrastructure development activities in the region are fueling the overall industry demand.
Some of the major players in the Door & Window Frames Market include Saudi Aluminium Industries Company (SALUMCO), Andersen Corporation, Pella Corporation, SGM Windows Vinylguard Windows and Doors Systems Ltd., JELD-WEN, Inc., Performance Doorset Solutions Ltd. (PDS), ATIS Group, Neuffer Windows + Doors, B.G. Legno, RENSON, Ponzio – P.IVA., Weru Group, TOSATTI, Deceuninck NV, Nawa International, Brazil Garage Door, Cantera Doors, Glass-Rite, TAMCO GULF LTD., Century Plyboards, Fenesta Building Systems, and JARIDA.