Title: Indian doors market estimates and forecast from security screen doors by materials 2018– 2024
1Indian Doors Market Growth, Application Analysis
from 2017 to 2024
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2Global Market Scenario of Indian Doors Market
- Fueled chiefly by the thriving construction
business and massive governmental funding for
infrastructural development, Indian doors market
size is expected to witness an exponential
increase in the coming years - Rising consumer spending on renovation of
residential commercial buildings has positively
impacted Indian doors industry share in the
recent years. - As per the estimates, the nations real estate
industry is anticipated to surpass USD 180
billion by 2020 and the private equity investment
in real estate across the country registered a
valuation of over USD 6 billion in 2016. - In fact, housing or the residential sector alone
accounted for a substantial 5 to 6 of the
Indian GDP, which is one of the pivotal factor
that is deemed to fuel Indian doors market
trends. -
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3Continue-
- Of late, the prominent industry players have been
trying to manufacture technologically advanced
doors with high insulation against noise, low
maintenance, moisture resistance, fire proofing,
enhanced strength, and affordable prices. - U.S. is one of those fire-accident prone regions
where the record is noticeably high. In fact,
National Fire Protection Association, in its
latest report, stated that in the year 2015,
America accounted for almost 1,345,500 fire
accidents.
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4Maharashtra Doors Market Size, By Product, 2016
2024 (Thousand Units)
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5360 Industry Analysis
- India, on grounds of being the second most
populous country after China and procuring the
second largest urban population in the world, is
witnessing a dire need to develop more
residential and housing units in the urban as
well as rural areas a factor which is
profoundly impacting the Indian doors market
trends. Moreover, growing social welfare schemes
and subsidies in the nation will further
influence the Indian doors market size. For the
record, the residential application contributed
to more than 60 of the Indian doors industry
share in 2016, subject to the growing
infrastructural spending in the region.
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6- Regional Analysis
- India, on grounds of being the second most
populous country after China and procuring the
second largest urban population in the world, is
witnessing a dire need to develop more
residential and housing units in the urban as
well as rural areas a factor which is
profoundly impacting the Indian doors market
trends. Moreover, growing social welfare schemes
and subsidies in the nation will further
influence the Indian doors market size. For the
record, the residential application contributed
to more than 60 of the Indian doors industry
share in 2016, subject to the growing
infrastructural spending in the region. - Competitive Analysis
- Companies such as Kone, Dorma, D.S. India, Sapa
Building System, Reynaers Aluminum, Duroplast,
Welltech, and Century form the competitive
hierarchy of Indian doors industry. With the rise
in infrastructure spending and growing
urbanization trends, it is estimated that Indian
doors market share will surpass USD 2800 million
by 2024. Global Market Insights, Inc., also
estimates the Indian doors industry to exceed 9.5
million units over the coming seven fiscals. -
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