Window & Door Market size worth over $235.2 Bn by 2026

Window and Door Market size will likely reach USD 235.2 billion by 2026, according to a new research report by Global Market Insights, Inc.
 

Rising replacement of aging infrastructure to drive market growth

Shifting consumer preferences towards home renovation and remodeling activities is expected to drive the demand of windows and doors in the upcoming years. In 2019, larger windows were mostly on the trend and many consumers were opting for the modern designs of these windows. Windows with less frame and more glass were on the high demand while fixed windows with grids or patterns also registered a record high on demand. Moreover, in doors with smart locks have also gained a large customer attraction. As more homeowner are getting concerned for their properties being more energy efficient, the demand for energy efficient windows is expected to achieve a significant growth in the near future.

 

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The growing smart home trend is reshaping the industry dynamics. Smart windows and doors are in more demand by consumer as the customer can easily check the status of window if it is closed or open. Furthermore, the indoor- outdoor connection has been becoming a major trend in global window and door market. Although, traditional sliding glass windows remains to be a major part of the global demand. Growth in shifting customer’s preferences towards outdoor living has been driving the demand for lift & slide doors as well as for large windows.
 

Windows & Doors Market By Region

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Browse key industry insights spread across 376 pages with 469 market data tables & 15 figures & charts from the report, Windows and Doors Market Size By Material (uPVC, Wood, Metal), By Application (Residential [New Residential, Improvement & Repair], Commercial [New Commercial, Improvement & Repair]) Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2019 – 2026” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/windows-and-doors-market-size
 

Wooden windows and doors to remain on the higher side of demand

Wooden windows hold a share of over 30% in the overall revenue generated by global window and door market. Wood based windows provide excellent rigidity and strength to frames and beauty to home interiors while providing good thermal performance. Wood is a good insulator and compliments several architectural forms. Several homeowners prefer traditional wooden colors which is one of the primary drivers for the segment. Wood has been a popular construction material for windows and doors and is still having a significant demand in traditional as well as in luxury markets.
 

Commercial sector to follow a positive growth trend in the coming years

Rising infrastructural investment in commercial spaces such as hotels, schools, hospitals and other commercial buildings is the key driver behind increasing demand from this segment. Many emerging trends in commercial windows & doors market is anticipated to drive the demand. For instance, invisible security is an emerging trend in commercial spaces which includes many invisible security measures that has to pass through while entering any building. Few other commercial door trends include classic revival, mid-century modern, modern farmhouse etc.
 

Rising demand for smart buildings to influence European market

In Europe, almost 40% of the overall energy demand is consumed by buildings. Hence, in order to improve energy efficiency, wall and roof insulation is a major discussion topic recently. Windows and doors play a significant role in providing energy efficient buildings. For instance, energy efficient windows which are designed to prevent cooled or hot air to leave from home. The windows provide insulation to homes and reduces overall energy consumption. Window and door demand in Europe is not only driven by increasing funding for energy efficient buildings but also by a large extent by energetic renovation of existing buildings.
 

New and innovative product launches to influence industry growth

Window and door market players are very focused towards investing in advance technology in order to strengthen their product portfolio in the industry. For instance, in 2015, Pella launched a smart home technology which is designed for providing automation, security, comfort and convenience in windows and doors.
 

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