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Pocket Door Market Insights & In-Depth Analysis over 2019 – 2024 including Leading Players: Allgood, Fleetwood, LPD doors, Scrigno, Selo, Raydoor

05-13-2019 06:21 PM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights Inc.

Pocket Door Market

Pocket Door Market

Rapid economic developments in countries include Malaysia, Thailand, and Indonesia are pacing real estate projects. Government initiatives for affordable housing schemes and financial supports from lowering interest rates are key factors stimulating pocket door market growth. Increased investments especially for enhancing interiors, aesthetics and space designs has positively impacted product landscape.

Construction industry is witnessing healthy growth owing to enhanced repair and remodeling activities in several region stimulation market. Pocket Door Market in Asia Pacific is projected to experience over 5% revenue growth. The regional growth is mainly contributed by China, India, and South Korea owing to improving construction spending impacting pocket doors demand. North America silver nanoparticles industry is projected to register over 12.3% CAGR up to 2024. Asia Pacific silver nanoparticles market was estimated more than USD 400 million in 2017.

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Wide applications include toilets, washrooms, bedrooms along with commercial application such as warehouse, pantries, common rooms and storage rooms are major adoption areas. The large variety of materials includes aluminum, glass and steel are improving installations in commercial spaces and residential buildings escalating pocket door market.

Single pocket door market is likely to witness over 5.5% CAGR up to 2024. Increasing product demand especially residential segment owing to minor space occupancy benefits boosting market share.

Wood pocket door segment captured more than 45% market share in 2017. Excellent designing options, enhanced interior, and aesthetic appearance are the key factors driving industry share. Residential segment has high adoption on wooden pocket doors owing to long life benefits, rustproof material, cracks & chip resistance properties are surging product penetration during forecast time.

Major companies in pocket door market are:

• Allgood
• Ferrero Legno
• FOA Porte
• Bertolotto Porte
• Fleetwood
• LPD doors
• Scrigno
• Ghizzi & Benatti
• JB kind
• Slidesystems
• Selo
• Raydoor
• Casali
• Linvisible

Manufacturing companies are expected to adopt acquisition strategies to gain competitive advantages. These companies are also focusing on entering strategic collaboration and partnership with international interior and decor brands.

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Commercial and industrial segment is anticipated to observe more than 4.5% CAGR up to 2024. Rapid industrialization in several emerging countries risen requirement in manufacturing facilities, logistics sites, and storage rooms will propel revenue share. Steel door has huge application in production sites owing to the presence of large equipment and machinery. Commercial spaces are installing see-through structures for convenience and safety purpose excelling product demand.

U.S Department of Energy and Department of Housing and Urban Development are strongly focusing on building cost effective, energy saving solution to reduce energy bills across the country. Technological advancements along with stringent government guidelines are influencing adoption of energy efficient products for minimizing carbon emission are major drivers boosting product demand.

Stringent government regulations and deforestation are major concerning factors hampering product demand. Limited availability of wooden raw material is also limiting pocket door market growth during forecast timeframe.

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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688

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