Doors Market to exceed $140 billion by 2024
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2112
The hospitality sector is anticipated to renovate existing infrastructure with development of spas, resorts and luxury hotels for catering to the needs of tourists while ensuring a comfortable stay. In 2016, the global tourism industry was valued at over USD 7.6 trillion, with increased international tourist arrival from 528 million in 2005 to around 1.19 billion in 2015. The international tourist arrival figure is expected to surpass 1.8 billion by 2030.
Hinged product segment was valued at over USD 20 billion in 2016. Effective light & sound proofing, draughts reduction, ease of usage and maximizes space in the small rooms are among the key factors driving product demand. Sliding will observe gains at 4.7% up to 2024. High versatility & flexibility, ideal for saving space, mainly in small offices and effortless operation are the key factors propelling the product demand.
uPVC accounted for over 25% share in 2016. This is due to high demand for energy efficient and light weight profiles that require less maintenance. The material provides an appropriate level of the insulation against noises from outside. Besides, fully recyclable property is projected to attract more attention during forecast time frame. Stringent government regulation due to growing environmental concern with pollution caused from metal doors production is a major factor, hampering global doors market growth.
Browse key industry insights spread across 270 pages with 537 market data tables & 14 figures & charts from the report, “Global Doors Market Size By Product (Hinged, Sliding, French), By Material (UPVC, Wood, Metal), By Application (Residential [New Residential, Improvement & Repair], Commercial [New Commercial, Improvement & Repair]) Industry Analysis Report, Regional Outlook (U.S, Canada, Germany, UK, Italy, France, Russia, Belgium, Poland, China, India, Japan, South Korea, Indonesia, Malaysia, Brazil, Mexico, Saudi Arabia, Qatar, UAE, South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents
Wood material will be valued at over USD 70 billion by 2024. High insulation, minimal maintenance, long life, least affected by temperature and aesthetic appeal offered are the factors anticipated to support the material demand.
Residential was valued at over USD 60 billion in 2016. Outdated infrastructure coupled with rising awareness among people has resulted in a major public policy shift in developed countries, favoring improved infrastructure maintenance and accelerated infrastructure construction.
Commercial applications will witness gains at 5% up to 2024. Increased adoption of eco-friendly product for minimizing environmental effects in numerous sectors including, transport, healthcare and retail are the factors supporting product demand in commercial application.
North America doors market will witness over 4.5% up to 2024. The industry growth is mainly driven by increasing need for improving old infrastructure and growing trend of the impact resistance doors.
Asia Pacific doors market was valued at over USD 40 billion in 2016. Changing lifestyle and growing tourist influx has resulted in high investment for the construction of hotels & recreation centers in the region. These developments are projected to drive industry growth in Asia Pacific during forecast period.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquirybefore-buying/2112
Global doors market share is consolidated due to presence of few industry players that hold majority of industry share. Some of major players are Andersen Corporation, Jeld-Wen Holding, Pella Corporation, Lixil Group Corporation, Masco Corporation, YKK Corporation, Atrium Corporation and MI Windows and Doors.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Doors Market to exceed $140 billion by 2024 here
News-ID: 796963 • Views: 325
More Releases from Global Market Insights Inc.
Steam Autoclaves Market | Insights and Forecast Research Report 2024
The steam autoclave market size is expected to exceed more than US$ 3.1 Billion by 2024, Growing at a CAGR of more than 8.7% in the given forecast period. The extensive use of sterilizing surgical equipment in pharmaceutical and biomedical applications has been propelling steam autoclaves market share over the last few years. The primary reason for the massive deployment of these products in medical applications is the nontoxic and
Advanced Wound Care Market 2019 | Growth, Status and Forecast by 2025
The global advanced wound care market size is expected to reach USD 13.5 billion by 2025, at a CAGR of 5.0% during the forecast period, according to a new report by Global market insights, Inc. Europe advanced wound care market will experience 5.0% growth during the analysis period. Germany, UK, and France represents mature markets in Europe while Spain, Netherland, Belgium, Austria are forecasted to witness high CAGR. Aging demographics
Vascular Graft Market | Industry Analysis, Size, Share, Growth by 2024
Vascular graft market size is anticipated to exceed US$ 3.6 bn by 2024, states Global Market Insights, Inc. in its latest research report. Prominent industries involved in vascular graft market are Becton Dickinson (C.R. Bard), B. Braun, Cryolife (Jotec), Cook Medical, Endologix, Getinge AB, LeMaitre Vascular, Medtronic PLC, Terumo GmbH and W.L. Gore and Associates. These prominent business players are focusing on strategic mergers, new product launch and acquisitions to
Pharmacovigilance Outsourcing Market 2019 | Dynamics, Forecast, Analysis and Sup …
U.S. pharmacovigilance outsourcing market size dominated North America region and was valued at USD 783.2 million revenue in 2017 and is estimated to witness similar trend during the forthcoming years. The high growth is attributed to strong foothold of major pharma and medical device companies coupled with extensive drug development activities in the U.S. Moreover, high healthcare expenditure in the country and growing concern regarding drug safety and adverse drug
More Releases for USD
Agriculture Robots worth USD 3.5 billion market
According to Goldstein Research, the rising demand for agriculture robots is being driven by a numerous factors including global population growth, increasing strain on the food supply and decreasing availability of farm workers in developed countries. Global agriculture robots market segmentation includes products types such as driverless tractors, milking robots, potato sorting system, unmanned aerial vehicles and other. The market for agricultural robots is emerging at a rapid pace, with
Polyurethane Dispersions Market worth USD 2.04 Billion USD by 2020
The report " Polyurethane Dispersions Market by Type (Water-Based Polyurethane Dispersions and Solvent-Based Polyurethane Dispersions), by Application (Coatings, Adhesives & Sealants, Synthetic Leather Production, Fiber Glass Sizing, and Others) - Trends & Forecasts to 2020", The global polyurethane dispersions market is projected to reach USD 2.04 Billion by 2020 at a CAGR of 6.8% between 2015 and 2020. This growth is fueled by the high potential from the textile and
Retail Analytics Market worth USD 5.1 Billion USD by 2020
According to a new market research report "Retail Analytics Market by Business Function (Marketing and Customer Analytics, Merchandizing and In-Store Analytics, Supply Chain Analytics, Strategy and Planning), by Type, by Solutions and by Services - Global Forecast and Analysis to 2020", defines and segments the global retail analytics market on the basis of business function, solutions, services, deployment types, and regions along with providing an in-depth analysis and market size
Metabolomics Market USD 1.24 Billion by 2020
The global metabolomics market is estimated to reach USD 1.24 Billion in 2020, growing at a CAGR of 15.6% from 2016 to 2020, according to a market research report Metabolomics Market 2013-2020, published by iHealthcareAnalyst, Inc. Visit the Metabolomics Market 2013-2020 report at https://www.ihealthcareanalyst.com/report/metabolomics-market/ Metabolomics is the scientific study of chemical processes involving metabolites, whereas metabolome represents the collection of all metabolites in a biological cell, tissue, organ or organism, which
Albumin Market USD 300 Million by 2020
According to a market research report Albumin Market 2013-2020, published by iHealthcareAnalyst, Inc., the global albumin market is estimated to reach USD 300 Million in 2020, expanding at a CAGR of 2.4% from 2016 to 2020. Visit the Albumin Market 2013-2020 report at https://www.ihealthcareanalyst.com/report/albumin-market/ The global albumin market segmentation is based on type (human serum albumin, bovine serum albumin, recombinant albumin), and its applications (drug formulation and drug delivery, vaccines, components
Nanomedicine Market USD 170 Billion by 2020
The global nanomedicine market is estimated to reach USD 170 Billion in 2020, growing at a CAGR of 8.9% from 2016 to 2020, according to a market research report Nanomedicine Market 2013-2020, published by iHealthcareAnalyst, Inc. Visit the Nanomedicine Market 2013-2020 report at https://www.ihealthcareanalyst.com/report/nanomedicine-market/ Nanomedicine is the medical application of nanotechnology that ranges from the medical applications of nanomaterials and biological devices, to nanoelectronic biosensors, and even possible future applications of