Press release
Windows and Doors Market is Booming Worldwide | Top key Players Like Andersen Corporation, Masco Corporation, Marvin Windows & Doors, Pella Corporation, Atrium Corporation
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.Windows & Doors Market Report, published by Allied Market Research, states that the global market was valued at $184 billion in 2015, and is estimated to reach $282 billion by 2022, growing at a CAGR of 6.3% from 2016 to 2022.
The windows & doors market is segmented based on material type into wood, metal, and plastic. Metal accounted for over 45% of the total windows market owing to the high dimensional stability and durability & resistance to fire and chemicals, often preferred in the commercial sector. Wood dominated the doors segment owing to its thermal insulation properties, high strength, strong aesthetics, and high utility of this material in the interior doors segment.
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The market is segmented by product type into windows and doors. The doors segment held the largest market share in 2015, and is expected to maintain its dominance during the forecast period. The doors segment is also anticipated to grow at the highest growth rate owing to rise of multifamily housing trends. Moreover, rise in consumer spending on home improvement and growth in new construction activities are expected to provide opportunities for market development.
Asia-Pacific accounted for over 50% of the windows & doors market share, and is anticipated to maintain its dominance during the forecast period. 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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Top Leading Market Players:
Leading players profiled in the report include Andersen Corporation, Masco Corporation (Milgard Manufacturing, Inc.), Marvin Windows & Doors, Pella Corporation, Atrium Corporation, Schuco International Kg (a subsidiary of OTTO FUCHS Kommanditgesellschaft), Jeld-Wen Holding, Inc., YKK Corporation, Lixil Group Corporation, and MI Windows and Doors LLC.
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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client's insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.
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