Windows and Doors Market to Witness Immense Growth in the Construction Industry by 2022

Windows and doors market witnessed significant growth and is expected to reach $282 billion by 2022, growing at a CAGR of 6.3% during the forecast period.

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Windows & doors market trends are expected to be progressive over the next few years. The nonresidential sector is expected to witness higher growth rate globally and contribute significantly to the market development. Advancements by market players, rise in residential & nonresidential construction activities, and surge in home remodeling expenditures foster the market growth. Rapid urbanization and industrialization in regions such as Asia-Pacific and LAMEA is expected to offer lucrative opportunities for the market.

The market growth is driven by factors such as advancements by market players producing ecofriendly windows & doors, rise in consumer spending on home improvement, and surge in residential & nonresidential construction. Rapid urbanization and industrialization in emerging economies such as India, Indonesia, and others is projected to provide growth opportunities for the market.

The market is categorized on the basis of mechanism into swinging, sliding, folding, revolving, and others. Sliding windows segment leads the windows market owing to the increased adoption of double-hung windows and shift toward space-efficient homes. Swinging windows are expected to gain traction due to the increase in popularity of casement windows, and is expected to grow at the highest CAGR of 6.2%. Swinging doors is anticipated to dominate the market throughout the forecast period owing to the increased adoption of hinged doors. Sliding doors is expected to grow at the highest CAGR of 7.4% in doors market due to shift toward space-efficient homes.

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The residential sector has witnessed a decent growth in the last few years, and is anticipated to dominate the market during the analysis period, owing to recovery in economies such as the U.S. after the collapse. Nonresidential sector is anticipated to grow at the highest CAGR of 6.9% as compared to the residential sector.

Windows & doors market analysis is provided for all the four regions covered in the report. Countries analyzed under the North American geographical segment are the U.S., Canada, and Mexico. Under Europe, market size and forecast is provided for UK, Germany, France, Italy, and rest of Europe.

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