Press release
India Aluminium Windows And Doors Market (2024-2030) | 6Wresearch
By application, the residential category achieved maximum revenue share in India Aluminium Windows and Doors Market - 6WresearchIn India aluminium windows and doors market, the residential segment is where both these products are used the most. The same trend is expected to continue over the forecast years due to robust construction of residential houses and apartments such as Tellapur My Home Vipina Residential Complex, M3M The Line Oberoi Forestville Residential Community and others.
According to 6Wresearch, India Aluminium Windows and Doors Market revenue size is projected to grow at a CAGR of 5.3% during 2024-2030F. The real estate sector in India is projected to reach a value of 1 trillion USD by 2030, driven by government initiatives such as SWAMIH and the Swadesh Darshan Scheme, which is expected to increase demand for construction materials and infrastructure, including aluminium windows and doors, thereby driving growth in the aluminium windows and doors market in coming years.
India aims to accommodate 600 million urban residents by 2030, requiring the construction of 600-800 million square meters of urban space annually. With 7,799 projects initiated and ₹181,268 crore allocated, the Smart Cities Mission seeks to rejuvenate 100 cities and 500 towns, thereby driving substantial market growth.
The availability of substitutes such as uPVC, steel, and wood present significant restraints on the growth of the India Aluminium Windows and Doors Market. uPVC windows and doors are often more cost-effective than aluminium, making them a preferred choice for budget-conscious consumers and builders. They offer superior thermal insulation, leading to better energy efficiency in both residential and commercial sectors. Additionally, uPVC requires less maintenance compared to aluminium, which can corrode and degrade over time. Its low maintenance cost and ease of cleaning make it an attractive alternative. Furthermore, uPVC can be molded into various shapes and styles, providing more design flexibility, enhancing its appeal to architects and homeowners looking for specific aesthetic qualities.
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According to Sachin, Senior Research Associate, 6Wresearch, fixed windows held a higher revenue share in aluminium windows market due to their cost-effectiveness, superior energy efficiency, and durability, as they lack moving parts and require less maintenance.
India Aluminium Windows and Doors Market (2024-2030) report provides an in-depth analysis with 22 figures and 14 tables, covered in 73 pages. The report comprehensively covers the market by mechanism and pplication. The report provides a detailed as well as unbiased analysis of the ongoing drivers, opportunities/high growth areas, and trends of the sector which are projected to support the stakeholders to align as well as devise their market strategies as per the latest and future market dynamics.
6Wresearch is the premier, one-stop market intelligence and advisory center, known for its best-in-class business research and consulting activity. We provide industry research reports and consulting services across different industries and geographies which provide industry players an in-depth coverage and help them in decision-making before investing or entering into a particular geography.
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