Interior Doors Market Shares, Revenue, Topmost Industry Compotators by 2025: Artisan Hardware, Bayer Built WoodWorks Inc., Chaparral Doors, Colonial Elegance Inc., Concept SGA., Contractors Wadrobe, Jeld-Wen Holding Inc., Masonite International Corporatio

The major players profiled in the global interior doors market report include Artisan Hardware, Bayer Built WoodWorks Inc., Chaparral Doors, Colonial Elegance Inc., Concept SGA., Contractors Wadrobe, Jeld-Wen Holding Inc., Masonite International Corporation, Rustica Hardware, and Simpson Door Company.

The global interior doors market was valued at $52,616 million in 2017, and is expected to reach at $85,410 million by 2025, growing at a CAGR of 6.3% from 2018 to 2025. The panel doors segment accounted for the maximum share in the global interior doors market revenue in 2017, and is expected to grow at a CAGR of 6.1% during the forecast period.

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Introduction of modern technologies, such as use of uPVC instead of metal, glass, and wood, is expected to propel the demand for interior doors made of uPVC, owing to its lower weight, recyclable property, low maintenance, and thermal insulation properties. Moreover, European Union worked on regulatory reforms to promote the use of energy - efficient insulations to minimize carbon footprint

The wood segment accounted for over 50% of the total interior doors market, owing to high dimensional stability & durability, resistance to chemicals, thermal insulation properties, high strength, strong aesthetics, and enhanced utility of this material in the interior doors segment. Fiberboard and vinyl are anticipated to witness increased usage and the highest growth rate in light commercial and institutional applications.
The swinging doors segment is anticipated to dominate the market throughout the forecast period, owing to increased adoption of hinged doors. The revolving and others door segment is expected to grow at the highest CAGR of 7.8% in the interior doors market due to increase in demand for space-efficient homes.

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In 2017, the residential segment witnessed a significant growth rate of 6.7% in the market. The majority of the growth is expected in the emerging regions of Asia-Pacific and Africa. The residential segment is driven by the economic recovery in the U.S. and Europe, rise in living standards, increase in disposable income, and growth in awareness related to the availability of energy-efficient & eco-friendly interior doors.

Asia-Pacific accounted for over 50% of the market share, and is anticipated to maintain its dominance during the forecast period. The analysis for interior doors market is provided for all the four regions covered in the report. The North America and Europe markets have attained maturity due to the presence of a large number of players.

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MARKET OVERVIEW

3.1.Market Definition and Scope
3.2.Key findings

3.2.1.Top impacting factors
3.2.2.Top winning strategies
3.2.3.Top investment pockets

3.3.Porters five forces analysis

3.3.1.Low bargaining power of suppliers
3.3.2.High bargaining power of buyers
3.3.3.Low threat of substitution
3.3.4.Moderate threat of new entrants
3.3.5.High competitive rivalry

3.4.Distribution channel analysis

3.4.1.Direct sales
3.4.2.Sales through intermediaries
3.4.3.Online sales

3.5.Market player positioning
3.6.Market dynamics

3.6.1.Drivers

3.6.1.1.Growth in real estate industry
3.6.1.2.Replacement market
3.6.1.3.Increasing urbanization worldwide

3.6.2.Restraints

3.6.2.1.High cost of eco-friendly products

3.6.3.Opportunities

3.6.3.1.Increase in demand for energy-efficient interior doors

The demand for interior doors is driven by surge in residential & non-residential construction activities, development of energy-efficient doors, and surge in home improvement & remodeling expenditures. Moreover, doors are manufactured using various materials such as wood, metal, glass, fiberglass, fiberboard, vinyl, and others. The fiberboard segment is estimated to witness higher growth rate as compared to glass, metal, and wood, owing to its lower cost and multiple benefits. In 2017, the residential segment is expected to grow at a relatively higher rate during the forecast period. Moreover, the developed regions, such as the U.S. and Western Europe, showed greater penetration of residential over non-residential construction due to recovery of the housing construction market over the last few years. In addition, increase in demand for non-residential construction sectors, namely, lodging & commercial sectors in the U.S. and office & retail sectors in Western Europe is expected to boost the growth of the interior doors industry. Furthermore, rapid industrialization & urbanization, rise in population, and surge in disposable income propel the market growth.

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