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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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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• 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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