Europe Interior Doors Market Value to Show $14,486.0 Million by 2023

According to a new report published by Allied Market Research, titled, Interior Doors by Door Type, Door Covering, and Material: Opportunity Analysis and Industry Forecast, 2017-2023, the interior doors market was valued at $10,340.6 million in 2016, and is projected to garner $14,486.0 million by 2023, registering a CAGR of 5.0% from 2017 to 2023. The interior doors market in terms of volume sold approximately 12,138 thousand units in 2016, and is projected to reach 18,025 thousand units by 2023 at a CAGR of 4.8% during the study period. Rest of Europe is expected to be the leading contributor to the Europe interior doors market, followed by France and Spain.

Access Full Summary at : http://bit.ly/2Or5Kot

Factors such as increase in adoption of energy efficient doors and rise in applications of interior doors are expected to drive the interior doors market in Europe. In addition, the real estate industry has witnessed decent growth in Europe, as the number of residential and commercial projects have increased manifolds in the recent years. Moreover, rapid urbanization has significantly contributed to the growth of the home furnishings market, and subsequently the interior doors industry. However, high costs of producing eco-friendly products has hampered the growth of the interior doors market.

Download Exclusive Summary of Europe Interior Doors Market: http://bit.ly/2CM5x9i

In 2016, the panel doors accounted for the maximum revenue share of about 69.3% in the overall Europe interior doors market by door type, owing to characteristics such as high tensile strength and remarkable aesthetic features. Moreover, wooden doors are mostly preferred by residential users due to their long shelf life. Moreover, plain panel doors segment of the Europe interior doors market is expected to generate the maximum revenue during 2017-2023.

Key Findings of the Europe Interior Doors Market :
The panel doors segment accounted for the maximum revenue in 2017, and is projected to grow at a notable CAGR of 4.6% during the forecast period.
The others (Plain panel doors) in the door coverings segment accounted for around 60% of the Europe interior doors market revenue in 2017.

The Rest of Europe region comprising, Germany, Italy, Russia, UK, and rest of the countries, is the major shareholder of the Europe interior doors market, accounting for 79.3% share in 2017.

The residential housing segment is the key driver for the growth of the interior doors industry. Of all the interior doors sold, approx. 58% of them are utilized in residential housing projects. The Europe interior doors market has witnessed a positive trend, owing to increasing focus on better interiors and rise in expenditure toward home remodeling.

The key players operating in the Europe Interior doors market are Dimoldura, Puertas Sanrafael, Puertas Proma, Marcos Martinez Minguela, Puertas Castalla, Norma Doors, Puertas Salmar, Dierre Hispnica, Jeld Wen, FORMET PORTE BLINDEE (Formet Entrance Door), SOFTICA Automatic doors, Lapco Inc., Portes Design, Eclisse, The Hrmann Group, Reivilo, PAC DAMAS, KAZED SA, and SOGAL FRANCE. Market players have adopted various strategies such as product launch, collaboration & partnership, and acquisition to expand their foothold and sustain the competition in the industry.

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Shriram Dighe
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.