Door Trends and Forecast
The future of the global door market looks promising with opportunities in the new construction and aftermarket door markets. The global door market is expected to reach an estimated $181.7 billion by 2030 with a CAGR of 5.7% from 2024 to 2030. The major drivers for this market are increasing urbanization and construction activities worldwide, growing emphasis on energy efficiency and sustainability, and technological advancements in smart door systems.
• Lucintel forecasts that interior is expected to witness the higher growth over the forecast period.
• Within this market, new construction is expected to witness the higher growth.
• APAC is expected to witness highest growth over the forecast period due to growing construction activities in countries.
United States - Several U.S. door manufacturers, such as Masonite International Corporation, are investing in innovative composite door technologies to enhance durability and energy efficiency. The government is incentivizing retrofitting projects with energy-efficient doors to reduce carbon emissions in buildings.
Germany - Companies like Hörmann are focusing on developing smart door solutions integrated with IoT technology for residential and commercial applications. The government aims to promote sustainable construction practices, encouraging the adoption of energy-efficient doors to meet climate targets.
China - Chinese door manufacturers, including Dalian Golden House Door & Window, are expanding production capacities to meet the growing domestic demand driven by urbanization and construction projects. The government sets targets for improving building quality and safety standards, stimulating the door market growth.
India - Indian companies like Godrej & Boyce are introducing affordable and durable door solutions tailored to the countryÄX%$%Xs booming construction sector. The governmentÄX%$%Xs affordable housing initiatives and emphasis on infrastructure development are driving the demand for doors, supporting the growth of the market.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Door by Segment
The study includes a forecast for the global door by product type, material, application, and region.
Door Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Exterior
• Interior Doors
Door Market by Material [Shipment Analysis by Value from 2018 to 2030]:
• Wood
• Glass
• Metal
• Composite
• Plastic
Door Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• New Construction
• Aftermarket Doors
Door Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Door Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies door companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the door companies profiled in this report include-
• Dormakaba Group Allegion
• Masonite
• Simpson Door Company
• Andersen Corporation
• Jeld-Wen
Recent Development in the Door Market
Masonite International Corporation: Masonite launches "Duracore" series, featuring composite doors with enhanced durability and energy efficiency, targeting residential and commercial markets.
Hörmann Group: Hörmann introduces "SmartGuard," a line of smart door solutions integrated with IoT technology for enhanced security and convenience in residential and commercial buildings.
Dalian Golden House Door & Window Co., Ltd.: Dalian Golden House expands production capacity to meet increasing domestic demand for doors, driven by urbanization and construction projects in China.
Godrej & Boyce Manufacturing Company Limited: Godrej & Boyce unveils "EcoEase," a range of affordable and eco-friendly door solutions tailored to IndiaÄX%$%Xs construction sector, aligning with the governmentÄX%$%Xs affordable housing initiatives.
Features of the Global Door Market
Market Size Estimates: Door market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Door market size by product type, material, application, and region in terms of value ($B).
Regional Analysis: Door market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, materials, applications, and regions for the door market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the door market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the door market size?
Answer: The global door market is expected to reach an estimated $181.7 billion by 2030.
Q2. What is the growth forecast for door market?
Answer: The global door market is expected to grow with a CAGR of 5.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the door market?
Answer: The major drivers for this market are increasing urbanization and construction activities worldwide, growing emphasis on energy efficiency and sustainability, and technological advancements in smart door systems.
Q4. What are the major segments for door market?
Answer: The future of the global door market looks promising with opportunities in the new construction and aftermarket door markets.
Q5. Who are the key door market companies?
Answer: Some of the key door companies are as follows:
• Dormakaba Group Allegion
• Masonite
• Simpson Door Company
• Andersen Corporation
• Jeld-Wen
Q6. Which door market segment will be the largest in future?
Answer: Lucintel forecasts that interior is expected to witness the higher growth over the forecast period.
Q7. In door market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing construction activities in countries.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the door market by product type (exterior and interior doors), material (wood, glass, metal, composite, and plastic), application (new construction and aftermarket doors), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Door Market, Door Market Size, Door Market Growth, Door Market Analysis, Door Market Report, Door Market Share, Door Market Trends, Door Market Forecast, Door Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.