ID: MRFR/CO/8872-HCR | January 2023 | Region: Global | 147 Pages
Aluminum Doors and Windows Market is projected to be worth USD 78.78 Billion by 2030, registering a CAGR of 3% during the forecast period (2022 - 2030), The market was valued at USD 65.89 billion in 2021.
$78.78 Billion
3%
Asia-Pacific
2022-2030
Aluminum Doors and Windows Market is projected to be worth USD 78.78 Billion by 2030, registering a CAGR of 3% during the forecast period (2022 - 2030), The market was valued at USD 65.89 billion in 2021.
The emerging market trends, which have a direct impact on the market dynamics of the industry, include the introduction of impact windows and doors, amongst others like energy efficiency in aluminum doors and windows, replacement of wood by eco-friendly aluminum, and introduction of fully reversible windows, as well.
The aluminum doors and windows market value has been severely impacted owing to the sudden outbreak of the novel coronavirus pandemic. The global market has been witnessing a constant emergence of market issues and restraints like the imposition of lockdown and reduced availability of resources and skilled labor that might hamper the market growth during the forecast period that followed the pandemic year of 2020. There has been a dire need for the market players to return to normalcy but the rising rate at which the novel coronavirus is being spread is alarmingly high and should be considered at all costs.
The global governments and key market players are collaborating on an international scale and hence, giving rise to global market investment and funding that will help expand the product portfolio and cover the losses that have been incurred by the market trends during the outbreak of the pandemic.
The global aluminum doors and windows market has been witnessing the birth of factors that will give rise to immense competition in the international market during the forecast period that will be ending in 2030. One of the reasons for the emerging market competition is the recent developments that have been undertaken by the following market players:
The global aluminum doors and windows market has been segmented into residential and commercial which will help to meet the vibrant needs of the global audience. Also, the residential application segment of the aluminum doors and windows market had accounted for a significantly large share of the global market due to the growing construction projects during the historic forecast period followed by the trends that are propelling in the ongoing period of 2022-2030.
However, the aluminum doors and windows market share is likely to witness the emergence of factors like the lack of awareness followed by the potential of the target customers to stick to their traditional alternates. This is likely to hamper the global market from growing during the forecast period based on its predictions that have been laid by the market experts.
As these windows and doors are available in several colors and textures, they are giving rise to modern design choices and hence, have great things in store during the ongoing forecast period of 2022-2030. Also, the market is enjoying the rise in funds and investments that are accelerating the growth of the global market.
The aluminum doors and windows market growth can be attributed to excellent performance and revenue that has been recorded by the global market segments followed by their rising ability to meet the rising needs of the target audience that is located in a series of global market locations. The global aluminum doors and windows industry has been segmented based on the following:
The aluminum doors and windows market has been segmented based on the product and includes the following:
- Aluminum Door
- Exterior Door
- Patio Door
 Others like the following mentioned:
- Aluminum Window
- Sliding Window
- Bi-Fold Window
- Others
The aluminum doors and windows market has been segmented based on the end-use and includes:
- Residential
- Commercial
- Healthcare
- Education
- Hospitality
- Retail
- Office
- Other
The global market has been segmented based on the region like:
- North America
- Europe
- Asia Pacific
- Rest of the World
The global aluminum doors and windows market share is expected to witness high growth during the forecast period that will be ending in 2030 owing to the growing construction industry across the globe and hence, suiting the demand patterns for the market especially during the ongoing forecast period that will be ending in 2030.
Based on region, the aluminum doors and windows market value is rising because of the market segmentation into regions like the North American region, the European countries, the Asian-Pacific countries, the Middle East and Africa, and South America. The Asia-Pacific region had dominated the aluminum doors and windows industry during the historic forecast period that had ended in 2019. There has been a huge increase in the degree of consumer awareness, followed by an early acceptance, and government support for energy-efficient and green constructions in the global market premises that have supported the growth of the regional market and hence, given rise to an excellent degree of competition and expansion of the market scale.
The aluminum doors and windows market report has been prepared after conducting a deep market analysis of the market trends that are likely to dwell during the forecast period of 2022-2030. The global market report helps the industry investors have a glance at the market functioning and invest their money accordingly. The report supervises the competitive degree that prevails in the global market by understanding the recent developments that have been undertaken during the period. The report discusses the potential of the market segments, as well.
Report Attribute/Metric | Details |
---|---|
Market Size | 2030: USD 78.78 Billion |
CAGR | 3% (2022 to 2030) |
Base Year | 2021 |
Forecast Period | 2022 to 2030 |
Historical Data | 2019Â &Â 2020 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Product, Application |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Apogee Enterprises, Inc. (US), Fletcher Building Limited (New Zealand), YKK AP Inc. (US), Fenesta Building Systems (India), Geeta Aluminium Co. Pvt. Ltd. (India), Andersen Corporation (US), Ply Gem Holdings Inc. (US), PGT Innovations (US), Bradnam's Windows & Doors (Australia), and Olsen Doors and Windows Limited (UK). |
Key Market Opportunities | As these windows and doors are available in several colors and textures, they are modern design choices, accelerating the growth of the global market |
Key Market Drivers |
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Global aluminum doors and windows market is projected to grow at approximately 3% CAGR during the assessment period (2022-2030).
Aluminum Doors and Windows Market is projected to be worth USD 78.78 Billion by 2030
Residential is the largest application segment in the global aluminum doors and windows market.
The Asia Pacific region holds the largest share in the global aluminum doors and windows market, followed by North America and Europe, respectively.
Fletcher Building Limited (New Zealand), Apogee Enterprises, Inc. (US), YKK AP Inc. (US), Geeta Aluminium Co. Pvt. Ltd. (India), Fenesta Building Systems (India), Andersen Corporation (US), PGT Innovations (US), Ply Gem Holdings Inc. (US), Olsen Doors and Windows Limited (UK), and Bradnam's Windows & Doors (Australia), are some of the top players operating in the global aluminum doors and windows market.