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Interior Doors Market Competitive Survey and Growth Factor Analysis by 2025 | Top Players Artisan Hardware, Bayer Built WoodWorks Inc., Chaparral Doors, Colonial Elegance

05-13-2020 03:22 PM CET | Industry, Real Estate & Construction

Press release from: Allied Analytics LLP

Interior Doors

Interior Doors

Interior Doors Market by Door Type, Material, Mechanism, and End User: Global Opportunity Analysis and Industry Forecast, 2018-2025". The study includes the analyses of the current market trends and growth prospects in the global interior doors market along with the market drivers, restraints, challenges, & opportunities; competitive landscape; top investment strategies; and growth strategies. According to the report, the global interior doors market was pegged at $52.61 billion in 2017 and is expected to reach $85.41 billion by 2025, registering a CAGR of 6.3% from 2018 to 2025.

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.

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Among door types, the panel doors segment held the largest market share of 65% in 2017, owing to the significant demand for panel doors among home owners and builders on account of their weatherproof attribute and low maintenance cost. However, the bypass doors segment is expected to portray the fastest CAGR of 7.3% during the forecast period. The report also discusses bifold doors, pocket doors, among others.

Among techniques, the swinging segment captured the largest share of about 60% in 2017 and is expected to maintain its lead through 2025. Swinging doors are largely adopted by consumers as these are easily accessible, highly durable, and capable of delivering enhanced airflow and cross ventilation. However, the revolving and other doors segment is anticipated to grow at the fastest CAGR of 7.6% from 2018 to 2025, due to the increasing demand for space-efficient homes. Revolving doors are designed to allow easy passage of multiple people at a time, which is not the case with sliding or swinging doors. The other types analyzed in the report are sliding and folding doors.

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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.

Market players have focused on expanding their business operations in the emerging countries by adopting various strategies, such as acquisitions and contracts/agreements. 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.

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Key offerings of the report:

1. Key drivers & Opportunities: Detailed analysis on driving factors and opportunities in different segments for strategizing.
2. Current trends & forecasts: Comprehensive analysis on latest trends, development, and forecasts for next few years to take next steps.
3. Segmental analysis: Each segment analysis and driving factors along with revenue forecasts and growth rate analysis.
4. Regional Analysis: Thorough analysis of each region helps market players devise expansion strategies and take a leap.
5. Competitive Landscape: Extensive insights on each of the leading market players for outlining competitive scenario and take steps accordingly.

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About us:
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.

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