Interior Doors Market Analysis with Key Players, Applications, Trends and Forecast To 2025

According to a new report published by Allied Market Research, titled, Interior Doors Market by Door Type, Material, Mechanism, and End User: Global Opportunity Analysis and Industry Forecast, 2018-2025, 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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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.

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.

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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.

Key Benefits
o The report provides a qualitative and quantitative analysis of the current Interior Doors Market trends, forecasts, and market size from 2018 to 2026 to determine the prevailing opportunities.
o Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
o Top impacting factors & major investment pockets are highlighted in the research.
o The major countries in each region are analyzed and their revenue contribution is mentioned.
o The market report also provides an understanding of the current position of the market players active in the Interior Doors Market industry.

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Highlights of the Report
o Competitive landscape of the Interior Doors Market.
o Revenue generated by each segment of the Interior Doors Market by 2026.
o Factors expected to drive and create new opportunities in the Interior Doors Market industry.
o Strategies to gain sustainable growth of the market.
o Region that would create lucrative business opportunities during the forecast period.
o Top impacting factors of the Interior Doors Market.

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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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