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Window And Door Frame Market Share | Insights and Forecast Research Report 2024

Author : Rahul Varpe | Published Date : 2020-08-24 

Ongoing population migration to urban locations and rapid industrialization are anticipated to be some of the major factors that would drive the global window and door frame market size in coming years. Citing an instance, the Chinese government has undertaken large-scale airport development projects like the Chengdu Tianfu International Airport and the Beijing Daxing International Airport, which are bound to bring more revenue growth to the industry.

Additionally, increasing concern among government officials and building owners about the safety of old building structures is further creating an upsurge in the remodeling and renovation projects, which is playing a crucial role in the expansion of the market. Considering these factors, the global window and door frame market is projected to grow at a healthy CAGR of more than 5% throughout the forecast timespan. 

According to a research report, the global window and door frame market is expected to exceed a valuation of $130 billion by 2024.

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Which material is likely to emerge as a key growth facilitator for the window and door frame market landscape? 

With respect to the material segment, the metal window and door industry is projected to observe a significant growth in the coming years owing to some of the material’s favorable features such as increased insulation, resistance against fire, and high durability.

The metal products are best in settings that typically experience high traffic and have a higher susceptibility to thefts and break-ins, like retail stores, apartment locations, prison buildings, and more.

How are commercial applications driving the demand for window and door frames? 

With respect to the application segment, the commercial sector is slated to dominate the market share in terms of CAGR through the forthcoming timespan owing to the ongoing and increasing construction projects throughout the globe.

In addition, the shifting consumer preferences towards eco-friendly and durable products that have the potential of withstanding heavy exposure to the natural elements are likely to elevate the segment share further. These products further offer sufficient protection against problems caused by human and natural interventions, driving the segment growth.

How would Europe and South-East Asian regions shape the global window and door frame market size?

The Europe window and door frame market landscape is estimated to witness considerable development in the coming years owing to the ongoing smart city projects in the region. In addition, the region is also projected to observe a significant growth from the wood material segment due to the colder climates. Customers across Europe are more likely to buy wooden frames that help in trapping heat inside houses, further reducing the extra cost on heating systems.

Apart from Europe, the South-East Asian regions are also projected to play a pivotal role in the market expansion owing to an upsurge in manufacturing plants. This growth in production plants can be attributed to the easy availability of electricity and low-cost raw materials in the region.

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The competitive landscape of the global window and door frame market is inclusive of players such as MI Windows and Doors LLC, YKK Corporation, Reynaers, Eurocell, Atrium, Marvin Windows & Doors, Andersen Corporation, Jeld-Wen Holding Inc., PGT, Pella, Corialis, Schuco, and Sapa Building Systems among others.

 

 

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. [email protected] | https://twitter.com/varperahul

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