Major Fabricator uPVC Doors and Windows, UPVC Doors Windows Application-Ken Research - PowerPoint PPT Presentation

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Major Fabricator uPVC Doors and Windows, UPVC Doors Windows Application-Ken Research

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India UPVC Doors and Windows Market report by Ken Research suggested a growth at a five year CAGR of approximately 19% in terms of revenue in India UPVC Doors and Windows market respectively in the period FY’2019- FY’2023. For more information on the research report, visit – PowerPoint PPT presentation

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Title: Major Fabricator uPVC Doors and Windows, UPVC Doors Windows Application-Ken Research


1
India UPVC Doors and Windows Market is Driven by
Growing Awareness on Benefits of UPVC Doors and
Windows over Aluminium and Timber Products and
Organic Expansion of Major Players Ken Research
2
Expansion of product portfolio by major UPVC
doors and windows manufacturers, growing
awareness, infrastructure development in premium
residential, hospitality, and healthcare sector
were the key factors driving growth in India UPVC
Doors and Windows Market. The report titled
India uPVC Doors and Windows Market Outlook to
2023 - By Fabrication and Extrusion Segment, By
Major Cities (Delhi, Bangalore, Mumbai, Chennai,
Kolkata), By Raw Material Procurement, and By
Application (Residential, Retail, Hotel, Hospital
and Institutional) by Ken Research suggested a
growth at a five year CAGR of approximately 19
in terms of revenue in India UPVC Doors and
Windows market respectively in the period
FY2019- FY2023. In India, uPVC is still a new
concept and was characterized by low penetration,
about 12 in overall doors and windows market in
FY2018. Since the past decade, the Indian
fenestration industry has undergone quite a
remarkable transformation due to the introduction
of several newer window and door technologies.
Apart from the traditionally used materials such
as wood, steel and aluminium, one such material
that is rising in popularity is UPVC
(unplasticized polyvinyl chloride). The several
tangible and intangible benefits of UPVC makes it
a versatile fenestration choice because of its
strength, durability, low maintenance, energy
efficiency, and sustainable qualities, as well as
its resistance to corrosion, dents and scratches.
3
The market is characterized as highly price
sensitive but there has been an increasing focus
on brand and quality of products. 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. The market
has been growing majorly due to rising awareness
amongst builders and consumers, rapid
urbanization, growth in residential units and
increased adoption of eco-friendly and energy
conserving products to comply with government's
initiative of Energy Conservation Building
Code. During the review period, major companies
in this space took to organic expansion
strategies in terms of production capacity
expansion and widening their product portfolio to
cater to different income brackets. For instance,
Fenesta Building Systems increased its production
capacity by 400-500 MT and expanded its retail
presence in Tier I and Tier II cities. Another
leading player, NCL Wintech has developed an
economy brand, Plast One, dedicated towards low
end consumer segment. The company aims to cater
to entire value chain of customers by providing
both low and high priced profiles.
4
Profine India has expanded its manufacturing
capacity. Increased acceptance of UPVC doors and
windows coupled with developments in the
construction sector has augmented the market
revenues of India UPVC Doors and windows market
during FY2013-FY2018. For more information on
the research report, refer to below
link https//www.kenresearch.com/manufacturing-an
d-construction/construction-materials/india-upvc-d
oors-windows-market/149476-97.html   Related
Reports https//www.kenresearch.com/metal-mining-
and-chemicals/chemicals/india-polymer-additives-ma
rket/142294-101.html The report is useful for
polymer additive manufacturers, traders,
importers and other stakeholders to align their
market centric strategies according to ongoing
and expected trends in the future.   https//www.k
enresearch.com/manufacturing-and-construction/mach
inery-and-parts/us-pvc-pipe-fitting-market/142279-
97.html The PVC pipe and fittings industry has
performed well as broad economic improvements and
revitalized construction activity have driven up
demand for industry products from a variety of
downstream markets.
5
https//www.kenresearch.com/manufacturing-and-cons
truction/machinery-and-parts/saudi-arabia-pvc-pipe
-market/142281-97.html Despite the current
global economic slowdown due to fall in oil gas
prices, Saudi Arabia has emerged as one of the
most attractive investment destination in the
Middle East's PVC pipes and fittings
industries.   Contact UsKen ResearchAnkur
Gupta, Head Marketing CommunicationsSales_at_kenre
search.com91-9015378249
6
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