India UPVC Doors and Windows Market Outlook to 2020 |Sliding Doors Market India - PowerPoint PPT Presentation

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India UPVC Doors and Windows Market Outlook to 2020 |Sliding Doors Market India

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India uPVC Doors and Windows Market Outlook to 2020 - Growth in Residential Apartments and Development of Smart Cities to Drive Future" provides a comprehensive analysis of the uPVC Doors and Windows Industry in India. The report covers various aspects such as market size of the uPVC doors and windows on the basis of revenues at profile extrusion level and consumer end sales i.e. fabricator level, segmentation on the basis of doors and windows, regions, major cities, application sector, organized and unorganized, raw material procurement, and major product types for doors and windows. – PowerPoint PPT presentation

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Title: India UPVC Doors and Windows Market Outlook to 2020 |Sliding Doors Market India


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India uPVC Doors and Windows Market Outlook to
2020 Ken Research
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(No Transcript)
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How The India Upvc Doors And Windows Market Is
Positioned?
  • The uPVC Doors and Windows market in the
    country has been immensely driven by the growing
    awareness about the several tangible and
    intangible benefits of uPVC products amongst the
    builders and consumers. In FY2015, the uPVC
    Doors and Windows market in India clocked revenue
    worth INR million which increased by from
    INR million in FY2014. The uPVC Doors and
    Windows market has experienced a substantial
    growth in the last two years. There are several
    factors which have led to this growth such as
    rapid urbanization, growth in residential units
    and increased adoption of eco-friendly and energy
    conserving products to comply with governments
    initiative of Energy Conservation Building Code.
    Additionally, growth in construction sector has
    positioned the market with a great potential of
    in FY2010 to in FY2015. In India, uPVC
    was still a new concept and was characterized by
    low penetration, about 7 in overall doors and

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  • windows market. In comparison with
    developed markets such as Turkey, Europe, US
    where the share of uPVC window is around 90, 55
    and 38 respectively in FY2015. Several
    small-midsized local fabricators supplied
    economical uPVC products however, their quality
    was far inferior and non-compliant to
    international standards. Hence, quality and price
    remains to be the most important concerns that
    need to be taken into consideration by the
    builders and consumers. Large organized companies
    such as Fenesta, NCL Wintech, Window Magic,
    Encraft, Profine India, VEKA India and others
    have been focused on delivering high quality uPVC
    products and spread awareness about the several
    tangible and intangible benefits of uPVC to
    compete and sustain in this industry. Since,
    product pricing is an important concern while
    getting uPVC doors and windows from a local
    fabricator. The branded companies are targeting
    this uncertainty in the unorganized domain as
    their target area.

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HOW THE INDIA UPVC DOORS AND WINDOWS MARKET HAS
PERFORMED?
  • The overall uPVC Doors and Windows Market
    including sales of uPVC profiles and uPVC doors
    and windows by fabricators in India generated
    revenues of INR million in FY2015 and
    represented a CAGR of during the period,
    FY2010-FY2015.
  • The uPVC doors and windows market in India
    comprised of several small, medium and large
    scale players operating only in profile extrusion
    segment or performing fabrication and
    installation or both. Fenesta, NCL Wintech and
    Aparna Venster are some of the companies
    operating in profile extrusion, fabrication,
    installation and after sales customer service for
    their uPVC products. The extrusion units in the
    country have grown at a remarkably lower pace as
    compared to expansion pattern of fabricators.
    Most small scale fabricators have resorted to
    importing of cheap and substandard uPVC profiles
    from neighboring countries and subsequently sell
    them in the market. Organized fabricators have
    focused to deliver superior quality products at
    premium pricing to develop trust amongst the
    builders and consumers.

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  • In India, uPVC was still a new concept and was
    characterized by low penetration, about in
    overall doors and windows market. Several
    small-midsized local fabricators supplied
    economical uPVC products however, their quality
    was far inferior and non-compliant to
    international standards. Hence, quality and price
    remains to be the most important concerns that
    need to be taken into consideration by the
    builders and consumers. Owing to lack of quality
    standards in place in the country, large
    organized companies such as Fenesta, NCL Wintech,
    Window Magic, Encraft, Profine India, VEKA India
    and others have targeted to improve the end
    users experience by delivering high quality uPVC
    products and spread awareness about the several
    tangible and intangible benefits of uPVC to
    compete and sustain in this industry.

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WHICH SEGMENTS HAVE DRIVEN CHANGES IN UPVC DOORS
AND WINDOWS MARKET?
  • Major demand for uPVC doors and windows in Indian
    market was witnessed from residential apartments,
    premium hotels and institutions including school,
    colleges and office complexes. The residential
    sector accounted for the maximum share of of
    the uPVC doors and windows market in India in
    terms of revenues.
  • Significantly higher contribution from
    residential sector was due to the stupendous
    growth of real estate industry for several
    factors including consistent growth in
    population, migration toward urban areas, growing
    personal disposable income, rise in nuclear
    families and easy availability of finance.
    Increasing awareness and popularity of uPVC doors
    drew heavy demands from the residential space.
  • High end villas and apartments are constructed
    with the idea of delivering highest quality of
    living standards to the consumers. uPVC doors and
    windows have therefore found their acceptance
    largely in these high end residential units
    wherein the builders and consumers are more
    concerned about getting products of the highest
    quality.

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Which Types of Products Performed in the Doors
and Windows Market in INDIA
  • Sliding and casement doors are the most widely
    used door types which find their application in
    residential, commercial, retail, hotel and
    hospital settings. Sliding doors comprised for a
    market share of and racked up revenues worth
    INR million in FY2015. Technologically
    advanced sliding doors including Tilt Slide,
    Fold Slide and Lift Slide doors with opening
    area of 70-90 and much better aesthetics have
    been gaining on popularity. These doors together
    accounted for market share in the sliding door
  • Sliding uPVC doors have been extensively used as
    patio doors majorly in residential apartments and
    hotels as they utilize very less space by not
    opening into/outside the room. Sliding doors
    arent a feasible option for interior doors as
    compared to hinged doors due to large area
    required for their installation and they have a
    maximum of 50-70 opening area. Hinged uPVC doors
    have been widely used as interior doors owing to
    their superior privacy and locking features with
    the contribution of 100 in interior door market

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  • Sliding and gliding windows are the most widely
    used product types which find their application
    in residential, commercial, retail, hotel and
    hospital settings. They offered space-saving
    designs as the window sash opens parallel to the
    fixed unit rather than opening into the room and
    their large size allow plenty of light to enter
    the room. Sliding windows comprised for of the
    market share in terms of revenue. Casement
    windows (including Tilt Turn and awning windows
    which are hinged on top) offer more ventilation
    than other types of windows and accounted for
    of the market share in FY2015. They are a
    popular style featured in a wide variety of home
    designs which are hinged on the left or right and
    opens using a crank handle
  • Fixed windows are often installed for decoration
    or in combination with other windows. Double or
    single hung windows are often installed in
    traditional homes featuring a classic or colonial
    style. Together, they accounted for a market
    share of in FY2015.
  •  

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What Has Been The Major Growth Drivers Of This
Industry?
  • uPVC doors and windows combines a plethora of
    beneficial attributes over the conventionally
    used wood and aluminium counterparts. They are
    the most widely used doors and windows in most of
    the developed western nations. Growing awareness
    about the several advantages of uPVC has driven
    the expansion of the uPVC doors and windows
    market in the past few years.
  • As per the World Bank, about 32.4 or 419.6
    million of Indias population lived in urban
    regions of the country in 2014 growing from 30.6
    in 2009. This resulted in the growth of
    construction of residential units across major
    cities. As per a UN report, the urban population
    in India is expected to reach 600 million or 40
    of the countrys population by 2031. Hence,
    massive construction is underway to respond to
    this urbanization.
  • The uPVC Doors and Windows market in India grew
    at a CAGR of approximately from FY2010 to
    FY2015 to touch INR million in FY2015.
  • Growth in residential units in the country has
    been the major driving force in the Indian
    market. The residential real estate market in
    India has experienced a robust growth during
    FY2010-FY2015 on account of an increase in the
    demand of residential properties from rapidly
    rising population, increasing per capita incomes
    and inflow of investments in the real estate
    market. The countrys residential units have
    grown at a CAGR of 0.1 during FY2010-FY2015
    and have reached 331.9 million in FY2015.

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How Is The Competition Structured In India Upvc
Doors And Windows Market
  • The uPVC doors and windows market in India
    comprised of several medium and large scale
    players operating only in profile extrusion
    segment or performing fabrication and
    installation or both. Fenesta, NCL Wintech and
    Aparna Venster are some of the companies
    operating in profile extrusion, fabrication,
    installation and after sales customer service for
    their uPVC products.
  • In the extrusion space, the organized sector
    comprised about of the overall uPVC doors and
    windows extrusion industry. Fenesta Building
    Systems emerged as the market leader by
    accounting for about 21.0 of the market share in
    terms of revenue generated from profiles in
    FY2015. The organized sector of this industry is
    quite consolidated, with top six major players
    accounting for over of the market share in
    terms of revenue.

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Which Segment Is Expected To Perform Better In
India Upvc Market?
  • In the mid-long term, market share of windows is
    expected to steadily incline further as the
    industry matures and gains traction. uPVC windows
    are expected to contribute to about 61.8 of the
    overall uPVC doors and windows market in terms of
    revenue generation by FY2020, up from 60.0 in
    FY2016. Several new varieties of uPVC windows
    such as twin sash and villa, which have an added
    layer of protection and security components, were
    introduced into the market. Higher adoption of
    various types of uPVC windows in the Indian
    market is anticipated to contribute in the
    incline of market share of uPVC windows.

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How Is The Upvc Doors And Windows Market Valued
In The Future?
  • Currently, the estimated housing shortage in
    India stood at about 6 Crore units and the
    housing shortage is expected to grow to 11 Crore
    units by 2022, including the current shortage.
    Therefore, a massive level of residential unit
    construction is required to meet this demand of
    housing sector. The residential sector thereby
    presents a huge potential for the expansion and
    adoption of uPVC doors and windows. The Indian
    uPVC Doors and Windows market has been valued at
    INR million in FY2015 and is expected to
    accomplish a CAGR of till the year ending
    FY2020.
  • The planned development of 100 smart cities
    across the country has been projected to provide
    significant thrust to the uPVC doors and windows
    market of the country in the approaching years.
    Owing to high compliance of uPVC doors and
    windows in high rise buildings and aesthetics
    properties, they are more likely to emerge as the
    preferred fenestration choice over conventional
    aluminium and timber counterparts. The market is
    expected to be valued at around INR million by
    FY2020.

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For More Details visit
  • Source https//www.kenresearch.com/manufacturing-
    and-construction/construction-materials/india-upvc
    -doors-windows-market/23002-97.html
  •  Contact Ken ResearchAnkur
    Gupta, Head Marketing CommunicationsAnkur_at_kenre
    search.com91-9015378249
  • Website www.kenresearch.com

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