Title: Windows and Doors Market share by applications and regions for 2018- 2024
1Windows and Doors Market outlook, regional growth
industry share by 2024 Global Market
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2- Global Market Scenario of Construction Industry
- Residential Windows and Doors Market will
contribute more than 60 market share by 2024.
Rising infrastructure development activities
worldwide are the primary drivers boosting market
size. - New construction of houses owing to strong
government support in lowering taxes and interest
rate positively impacting product demand.
Improvement repairs of houses along with
frequent renovation for enhancing interiors
designs is likely to witness strong upsurge
during the forecast period. - Commercial Windows Doors Market sector is
projected to register over 3.5 CAGR up to 2024.
Window and door are prominent parts in designing
interior with architectural structures of
buildings. - Rising development activities for new
construction of commercial buildings include
schools, hospitals, and industries will expand
product demand.
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3Continue-
- Windows and Doors Market size is estimated to
exceed USD 260 billion by 2024. Construction
industry growth including commercial and
residential buildings will boost Windows and
Doors Market size. - Smart city development initiatives in several
countries strongly focusing on improving
facilities for citizens are among the key
industry growth parameters. Surging government
spending in infrastructure development for
non-residential and residential buildings fueling
product landscape. - According to the U.S. Census Bureau, the
construction spending has increased over USD 1.25
trillion and 0.7 growth from the previous year.
Lower interest rates and construction of
post-natural disaster buildings houses are
highly instigating factors stimulating demand
across the country. - Improved government finances are positively
supporting affordable housing schemes in emerging
countries including China, Malaysia, Indonesia,
and Thailand fueling windows doors market
demand. Rapid industrialization in several
countries is strongly influencing the
construction sector.
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5- uPVC windows and doors market segment registered
over 50 of the market share in 2017. Increasing
demand for lightweight, low cost, and energy
efficient product are the major factors
instigating product adoption. - Product availability in different colors,
textures, laminates, and patterns driving revenue
share. uPVC product range provide superior sound
insulation and thermal insulation benefits in
usage of air conditioners are benefiting energy
savings especially in eco-friendly houses and
buildings propelling windows and doors market size
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6- Asia Pacific windows and doors market registered
over 8 billion sq. ft consumption in 2017. Strong
revenue generation from major companies owing to
rising construction in commercial and residential
segment fueling market growth. - Surging demand for affordable houses owing to
improved disposable income is mainly fueling
domestic construction sector during forecast time
frame. North America Windows and Doors Market is
expected to experience growth more than 3.4 up
to 2024. Higher income level in the region
leading toward adoption of premium door for
domestic and non-residential segments.
- Windows and Doors Market is highly fragmented
owing to the large presence of small companies
and local manufacturers in the market. The major
companies are LG Hausys, Doorset Solutions Ltd,
YKK AP, Pella Corporation, Fenesta Building
Systems, RENSON, JELD-WEN, Anderson Corporation
and Pella Corporation. Other players are ARBO
Window, PT. Sumatera Timberindo Industry,
Performance Doorset, ATIS Group, and Vinylguard
are notable companies in the market.
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