Exterior Doors Market is predicted to reach USD 170.47 billion at a CAGR of 6.00% during the forecast period:
Exterior Doors Market is expected to grow at 6% CAGR from 2023 to 2032
Market Research Future (MRFR) has published a cooked research report on the “Global Exterior Doors Market” that contains information from 2018 to 2032. The Exterior Doors market is estimated to register a CAGR of 6.00% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global Exterior Doors market— ASSA ABLOY (Sweden), Anderson Corporation (US), JELD-WEN, Inc. (US), Yuanda China Holdings Limited (China), Marvin Windows and Doors (US), LIXIL Group Corporation. (Japan), and PELLA Corporation (US).
Exterior Doors Market Highlights
The global Exterior Doors Market is accounted to register a CAGR of 6.00% during the forecast period and is estimated to reach USD 170.47 billion by 2032.
The exterior doors market involves the production and distribution of doors designed for installation on the outer side of buildings. These doors provide security, insulation, and aesthetic appeal to homes and commercial spaces. The market's growth is influenced by construction and renovation activities, as well as the demand for durable and energy-efficient entryway solutions.
Segment Analysis
The global Exterior Doors market has been segmented based on Type, Material, Mechanism and Application.
On the basis of Type, the market is segmented into panel, bypass, bifold, and pocket. The market's dominance in the panel category can be attributed to the versatility, toughness, and aesthetic appeal of panel doors. Panel doors can be customised to match different architectural types and personal preferences thanks to a variety of design options.
Based on Material, the global Exterior Doors market has been segmented into wood, glass, metal, and composite plastic. Due to wood's everlasting appeal, natural beauty, and extended lifespan, the wood segment has dominated the market. Wood doors effortlessly improve the aesthetics of numerous architectural styles and have a timeless charm. Wood doors are ideal for outside use because of its innate strength and durability, which offer dependable protection and security.
Based on Mechanism, the global Exterior Doors market has been segmented into swinging, sliding, folding, and overhead. Due to its extensive use and adaptability, the swinging category dominated the market. Hinged doors, often known as swinging doors, are the standard and widely used mechanism for outside doors.
Based on Application, the global Exterior Doors market has been segmented into non-residential and residential. Due to the growing demand for external door replacements, renovations, and new residential construction projects, the residential segment dominated the market.
Regional Analysis
The global Exterior Doors market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Exterior Doors market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Exterior Doors market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Exterior Doors market comprises of Middle East, Africa, and Latin America.
The Asia-Pacific Exterior Doors Market dominated this market in 2022. due to the expanding building and construction and infrastructure businesses. In the region, demand for custom doors is rising quickly. Additionally, the Indian Exterior Doors market had the quickest rate of growth in the Asia-Pacific region, while China's Exterior Doors market had the greatest market share.
Additionally, The interior design business is seeing an increase in construction projects and the continued tendency to renovate interior spaces. Europe's Exterior Doors market has the second-largest market share. Additionally, the UK Exterior Doors market had the quickest rate of growth in the European region, while the German Exterior Doors market had the largest market share.
Moreover, From 2023 to 2032, the market for external doors in North America is anticipated to grow at the quickest CAGR. This is due to the increasing need for aesthetic appeal from the infrastructure sector. Additionally, the US Exterior Doors market had the biggest market share, while the Exterior Doors market in Canada was expanding at the quickest rate in the area.
Key Findings of the Study
- The global Exterior Doors market is expected to reach USD 170.47 billion by 2032, at a CAGR of 6.00% during the forecast period.
- The Asia-Pacific Exterior Doors Market dominated this market in 2022. due to the expanding building and construction and infrastructure businesses.
- Based on Application, Due to the growing demand for external door replacements, renovations, and new residential construction projects, the residential segment dominated the market.
- ASSA ABLOY (Sweden), Anderson Corporation (US), JELD-WEN, Inc. (US), Yuanda China Holdings Limited (China), Marvin Windows and Doors (US), LIXIL Group Corporation. (Japan), and PELLA Corporation (US).
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