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Aluminum Doors And Windows Market on Track for Strong Growth, Estimated to Grow at 5.8% CAGR Through 2029
Aluminum Doors And Windows
What Is the Expected CAGR for the Aluminum Doors And Windows Market Through 2025?
The aluminum doors and windows market has steadily expanded in recent times. It will grow from $67.28 billion in 2024 to $70.63 billion in 2025, registering a CAGR of 5.0%. Factors behind past growth include home remodeling, sustainability focus, low aluminum cost, and rising eco-friendly furniture demand.
What's the Projected Size of the Global Aluminum Doors And Windows Market by 2029?
The market for aluminum doors and windows is projected to experience robust expansion in the upcoming years, with its worth estimated to reach $88.34 billion by 2029, reflecting a compound annual growth rate (CAGR) of 5.8%. This anticipated growth can be linked to increasing urbanization, significant investments in construction projects, and a surge in infrastructure development. Key trends during this forecast period encompass the emphasis on introducing innovative offerings, channelizing investment in the development of new products, bringing novel products to the market, and pursuing mergers and acquisitions as a strategy to enhance product range and to maintain a competitive edge in the market.
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Top Growth Drivers in the Aluminum Doors And Windows Industry: What's Accelerating the Market?
The progression of the aluminum doors and windows market is being propelled by burgeoning construction activities. As construction endeavors continue to rise, these firms are increasingly choosing aluminum doors and windows for their projects due to their durability, longevity, and affordability. Initiatives such as the Housing for All by 2022 strategy are encouraging the development of cost-effective housing in India, thereby stimulating construction activities and projects in the region. This scheme provides developers and builders with lower-cost funding options in the form of debt, consequently reducing the total cost of homes and making them more appealing to first-time homeowners, thereby inciting further construction activities and fortifying the aluminum doors and windows industry.
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What Trends Will Shape the Aluminum Doors And Windows Market Through 2029 and Beyond?
Leading businesses in the aluminum doors and windows sector are turning their focus towards the creation of innovative products that, like frameless sliding doors, will cater to the burgeoning demand for modern, minimalist architectural designs. Frameless sliding doors are the epitome of sleek and contemporary styles, as they are engineered without an apparent exterior frame, thus offering a neat, minimalistic appeal. For instance, AluK India, a company based in India that specializes in the creation and distribution of aluminum windows, doors, and curtain walling systems, rolled out the INFINEO aluminum frameless sliding door in September 2022. This door, featuring a slender 21mm interlock and a fully hidden exterior frame, embodies a sleek, modern vibe. It's a high-performance door which optimizes natural illumination and offers a flawless transition between indoor and outdoor spaces, making it a perfect fit for minimalistic architectural designs. It's available in both thermally broken and non-thermal versions, providing ample scope for extensive customization with panel sizes reaching up to 3m. This ensures optimum performance even under harsh weather conditions.
What Are the Main Segments in the Aluminum Doors And Windows Market?
The aluminum doors and windows market covered in this report is segmented -
1) By Type: Exterior Door, Sliding Window, Bi-Fold Window, Other Types
2) By Application: Residential, Non-Residential
Subsegments:
1) By Exterior Door: Single Entry Doors, Double Entry Doors, Patio Doors
2) By Sliding Window: Horizontal Sliding Windows, Vertical Sliding Windows
3) By Bi-Fold Window: Standard Bi-Fold Windows, Custom Bi-Fold Windows
4) By Other Types: Casement Windows, Awning Windows, Fixed Windows
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Which Top Companies are Driving Growth in the Aluminum Doors And Windows Market?
Major companies operating in the aluminum doors and windows market include Jeld-Wen Inc, Xingfa Aluminium Holdings Ltd, Ykk Corporation, Fletcher Building Limited, Andersen Corporation, Apogee Enterprises Inc, PGT Inc, Fenesta Building Systems, Bradnam's Windows & Doors, Milux Corp, Lixil Corporation, Tostem Corporation, Geeta Aluminum Co. Pvt Ltd, Sapa Group, Alupure, Alteza, HOMI Aluminium Co Ltd, Qingdao Jiaye Doors And Windows Co. Ltd, SHANGHAI KEDO, Doorwins Aluminium Windows and Doors, Alu-tec Ltd, Daylight Glazing Ltd, AL-PROMT S.R.L, Arcom Glass, ALUMIL Russia, Mi-Soft, Altek LLC, Centra Windows, Ontorio Aluminium and Glass, Aluminium Windows Toronto, Toronto Doors and Windows, Delco Windows and Doors, Aluprof, Olsen Doors and Windows Limited, Hydro, Ply Gem Holdings Inc, Reynaers, Schuco, Klil, Al Kersh Steel Industries LLC, Sahara Aluminium Doors and Metals LLC, Value Star Building Metal Products Manufacturing LLC, Alfaw Aluminium and Glass Works LLC, Sion Aluminium and Glass LLC, Dayal Building Materials Trading LLC, Alutal, Decent Aluminium, Glass Doors, Zealcon, Inso Aluminium Windows and Doors, GO-TO Door and Window, McCoy's Doors & Windows, PT. Indo Illam Indah - Aluminium Sheet Supplier, SSS Group Co, Prime Aluminium Casement Ltd, The Glass Shop, Smart Glass Industries Ltd.
Which Regions Will Dominate the Aluminum Doors And Windows Market Through 2029?
Asia-Pacific was the largest region in the aluminum doors and windows market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aluminum doors and windows market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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