Press release
Window and Door Frame Global Market 2024 - Top Manufacturers, Latest Trends, Future Prospects And Outlook By 2033
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Window and Door Frame Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $164.91 billion In 2028 At A CAGR Of 7.2% :
The window and door frame market size has grown strongly in recent years. It will grow from $115.53 billion in 2023 to $124.91 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to construction boom, urbanization trends, renovation and remodeling, energy efficiency requirements, architectural trends.
The window and door frame market size is expected to see strong growth in the next few years. It will grow to $164.91 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to sustainable construction practices, smart home integration, replacement market growth, focus on security features, customization and personalization, regulatory standards. Major trends in the forecast period include advancements in security features, customization for architectural flexibility, integration of high-performance glass, prefabrication and modular construction methods.
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Window and Door Frame Market Major Segments
The window and door frame market covered in this report is segmented -
1) By Product Type: Door Frame, Window Frame
2) By Material: UPVC, Wood, Metal, Other Materials
3) By Distribution Channel: Specialized Stores, Distributor, Online, Other Distribution Channels
4) By Application: Residential, Commercial
Key Driver - The Surge In New Construction Activities Fueling Window And Door Frame Market Growth
The increasing number of new construction activities is expected to propel the growth of the window and door frame market going forward. Construction activities refer to any activity that involves putting together different elements that are used for building a structure according to a detailed design and plan. Windows and door frames are used in the construction to hold the windows and doors in place, and they also provide structural and aesthetic characteristics to the design of the building. For instance, as per the Ministry of Statistics and Programme Implementation, a ministry of the Government of India, in January 2022, the construction sector growth was 10.7% as compared to a growth of 8.6% in the year 2021. Also, according to the U.S. Census Bureau, a US-based government agency, in 2022, in the US, 1,696,000 residential house permits are issued per month, 1,549,000 residential construction starts per month, and 1,465,000 residential houses are completing their construction. Therefore, the increasing number of new construction activities is driving the growth of the window and door frame market.
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Prominent Trend - Technological Breakthroughs Transforming The Window And Door Frame Market Landscape
Technological innovations are the key trend gaining popularity in the window and door frame market. Major companies operating in the market are introducing new technological innovations to gain a competitive advantage. For instance, in February 2021, APL Apollo, an Indian-based company that manufactures steel products, launched Apollo Chaukhat. These door frames are manufactured based on direct forming technology, which offers the unique benefit of being fire-resistant and termite-proof. These frames are easy to install and can also be installed post-construction. The frames further offer the benefit of being eco-friendly and a cost-effective option.
Window and Door Frame Market Players
Major companies operating in the window and door frame market report are JELD-WEN Inc., Associated Materials LLC, Masonite International Corporation, Andersen Corporation, Spectus Window Systems Ltd., Pella Corporation, Ply Gem Holdings Inc., Schuco International KG, Saudi Aluminium Industries Company, PGT Innovations Inc., Deceuninck NV, MI Windows and Doors Inc., Reynaers Aluminium Ltd., Atis Group Inc., Milgard Manufacturing Inc., Eurocell Group Ltd., Weather Shield Mfg. Inc., Simonton Windows Inc., YKK AP America Inc., Anglian Windows Limited, Marvin Lumber & Cedar Company, Renson Ventilation Company, Atrium Corporation, Chelsea Building Products Inc., Nawa Engineering & Windows International LLC, TAMCO Gulf Factory Ltd., B.G. Legno SRL, Weru GmbH, Swartland Windows and Doors, Duroplast Extrusion Private Limited, Drew Industries Incorporated, Crystal Pacific Window & Door Systems Ltd.
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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the window and door frame market in 2023. The regions covered in the window and door frame market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Window and Door Frame Market Report Structure
3. Window and Door Frame Market Trends And Strategies
4. Window and Door Frame Market - Macro Economic Scenario
5. Window and Door Frame Market Size And Growth
…..
27. Window and Door Frame Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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