New York, According to a new market research report published by Global Insight Services “Doors Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Doors are either hinged, revolving, sliding, or swinging barriers at the ingress of a building or a room. They are manufactured using different materials which include wood, plastic, metal, and glass.
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Key Trends
There are several key trends in the doors market.
Firstly, there is a trend towards doors that are more energy efficient. This means that they are better insulated and have better sealing properties in order to prevent heat loss.
Secondly, there is a trend towards doors that are more secure. This means that they are made from stronger materials and are fitted with more sophisticated locking mechanisms.
Thirdly, there is a trend towards doors that are more aesthetically pleasing. This means that they are available in a wider range of styles and finishes.
Key Drivers
The global doors market is primarily driven by the following factors:
1. Increasing construction activities: The construction industry is one of the major consumers of doors. The increasing number of construction activities across the globe is expected to drive the growth of the doors market.
2. Rising demand for energy-efficient doors: The rising awareness about the importance of energy efficiency is leading to the increased demand for energy-efficient doors. Energy-efficient doors help in reducing the overall energy consumption of a building and also help in reducing the carbon footprint.
Market Segments
The Doors Market is segmented by type, material, mechanism, end user, and region. By type, the market is categorized into panel door, bypass door, bifold door, pocket door, and others. On the basis of material type, the market is categorized into wood, metal, glass, fiberboard, fiberglass, and others. On the basis of mechanism, the market is categorized into swinging, sliding, folding, revolving, and others. On the basis of end user, it is categorized into residential, and non-residential. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Doors Market includes players such as Artisan Hardware, Bayer Built Woodworks Inc., Concept SGA Inc., Contractors Wardrobe, Inc., Hume Doors & Timber Pty Ltd, JB Kind, Ltd, Jeld-Wen Holdings Inc., Marvin Windows and Doors, Masonite International Corporation, and Rustica Hardware.
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Reasons to buy Doors Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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