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Emerging Fiberglass Doors Market Trends: Strategic Partnerships Driving Innovation in the Fiberglass Doors Market Shaping the Future of the Industry
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Fiberglass Doors Market Size Growth Forecast: What to Expect by 2025?
The market for fiberglass doors has seen robust growth in the past few years. The market value is predicted to climb from $14.26 billion in 2024 to $15.64 billion in 2025, yielding a compound annual growth rate (CAGR) of 9.7%. The historic period's growth can be ascribed to factors such as stringent regulations for energy efficiency, heightened consciousness regarding environmental sustainability, consistent economic growth across various regions, hike in construction undertakings, an upward trend in home renovation and remodeling projects, and the cost efficiency of fiberglass doors.
How Will the Fiberglass Doors Market Size Evolve and Grow by 2029?
The market size for fiberglass doors is anticipated to witness robust growth in the forthcoming years, expanding to $22.51 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 9.5%. The growth during the predicted period can be ascribed to factors such as rising adoption of intelligent home technology, increasing focus on sustainable construction methods and green building certifications, swift urbanization, and the implementation of current infrastructure development projects. There is also a growing demand for custom-made and visually appealing doors and continuous progress in the field of materials science and manufacturing technologies. Significant trends anticipated during the forecast period encompass integration with smart homes, personalization and customization, development in materials and design, ecological and sustainable products, and cutting-edge design and aesthetics.
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What Drivers Are Propelling the Growth of Fiberglass Doors Market Forward?
The fiberglass doors industry's growth is anticipated to be driven by the surge in construction activities. These activities, encompassing planning, design, construction, and maintenance of structures or infrastructure, are on the rise due to a myriad of factors - population growth, urbanization, economic progression, and advancements in construction technology. Durability, energy efficiency, and aesthetic appeal are some of the key benefits offered by fiberglass doors in construction, thereby significantly contributing to increased construction activities. As an illustration, the report published by Northern Ireland Statistics and Research Agency in June 2023 showed a substantial growth in the construction industry. Between Q1 2022 and Q1 2023, the construction industry saw a 6.5% expansion overall, with the housing construction sector witnessing an 11.1% rise, and the infrastructure subsector growing by 3.7%. Hence, the expansion in construction activities is set to propel the growth of the fiberglass doors market.
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Which Emerging Trends Are Transforming the Fiberglass Doors Market in 2025?
In the fiberglass doors industry, major companies are utilizing strategic partnerships as a tactic to invent innovative integrated storm and entry door systems. Such partnerships mean that businesses combine their resources and capabilities to achieve shared advantages and success. For example, in January 2022, Therma-Tru Corp., an American fiberglass entry doors manufacturer, joined forces with Larson, Inc., a U.S. storm doors producer, to launch the Impressions integrated storm and entry door system. This groundbreaking system includes a storm door that is incorporated seamlessly into the brickmold of the door frame, offering a harmonious look while permitting refreshed air through an exchangeable screen. Notable features are retractable pin hinges for uncomplicated setup and a concealed closer facilitated through Click&Hold technology, thus boosting functionality and the user experience.
What Are the Key Segments in the Fiberglass Doors Market?
The fiberglass doorsmarket covered in this report is segmented -
1) By Product Type: Interior, Exterior
2) By Design: Solid Doors, Doors With Glass
3) By Sales Channel: Direct Channel, Indirect Channel
4) By Application: Residential, Non-Residential
Subsegments:
1) By Interior Doors: Single Interior Doors, Double Interior Doors, Bi-fold Interior Doors, Sliding Interior Doors, French Interior Doors
2) By Exterior Doors: Entry Doors, Patio Doors, Sliding Glass Doors, French Exterior Doors, Storm Doors
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Who Are the Key Players Shaping the Fiberglass Doors Market's Competitive Landscape?
Major companies operating in the fiberglass doors market are ASSA ABLOY Group, Jeld-Wen Holding Inc., Masonite International Corporation, Pella Corporation, Therma-Tru Corporation, Milgard Manufacturing LLC, Weather Shield Mfg, Inc., Provia Llc, Steves and Sons Inc., GlassCraft Door Company, Kohltech International Limited, Plastpro Private Limited, Trinity Glass International Inc., Feather River Fiberglass Door System, Taylor Entrance Systems, ETO Doors Corporation, Fibertec Window and Door Manufacturing Inc., Neuma Doors, MasterGrain, Glasscraft Decorative Limited
What Geographic Markets Are Powering Growth in the Fiberglass Doors Market?
Asia-Pacific was the largest region in the fiberglass doors market in 2024. The regions covered in the fiberglass doors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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