In the world economic growth, the Exterior Doors Industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Exterior Doors market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, SMI analysts believe that in the next few years, Exterior Doors market size will be further expanded, we expect that by 2024, The market size of the Exterior Doors will reach XXX million $.
Exterior doors, also known as entry doors, include bifold doors, bypass doors, panel doors, and pocket doors. These doors are generally fitted on the front gate of the entrance of houses and other nonresidential areas. Fiberboard, fiberglass, glass, metal, wood, and vinyl are some of the commonly used materials for manufacturing exterior doors. Major companies in the market are offering expertise in controlling identities with keys, cards, tags, mobile and biometric identity verification systems.
Rapid growth in the residential is expected to propel growth of the global exterior doors market over the forecast period. For instance, according to the U.S. Census Bureau, in February 2020, there were 1,464,000, building permits, 1,599,000 housing starts, and 1,316,000, housing completions in the U.S. Moreover, increasing population is also expected to aid in growth of the market. For instance, according to the U.S. Census Bureau’s December 2019 release, the U.S. population grew by 1,552,022 since 2018, an increase of one-half of one percent.
Increasing expenditure in the residential and non-residential sectors is expected to boost growth of the global exterior doors market. For instance, according to the U.S. Census Bureau, construction spending in the U.S. increased by 1.8% from the previous month to a record seasonally adjusted annual rate of US$ 1.37 trillion in January 2020, up from a revised 0.2% increase in December and above market expectations of a 0.6 percent gain. Moreover, rapid growth in the construction sector in emerging economies is also expected to aid in growth of the market. For instance, according to India Brand Equity Foundation, the construction development sector in India was valued at US$ 25.12 billion from April 2000 to June 2019.
Major players in the market are focused on adopting M&A strategies to expand their product portfolio. For instance, in November 2019, Assa Abloy AB signed an agreement to acquire AM Group, an industrial door company within entrance automation, based in Australia. The acquisition expanded Assa Abloy’s product portfolio to rolling steel doors and bi-fold doors.
Key Takeaways:
- Rapid growth in the residential is expected to propel growth of the global exterior doors market over the forecast period
- Growth in the construction sector in emerging economies is also expected to aid in growth of the market
- Major players operating in the global exterior doors market include Assa Abloy AB, JELD-WEN Holding, Marvin Doors & Windows, Pella, Masonite, VKR, Atrium, Bayer Built, ETO Doors, and JS Doors Manufacturer PTE
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market sizes, both volume and value. It also covers different industries' clients information, which is very important for manufacturers. If you need more information, please contact SMI
Section 1: Definition
Section (2 3): Manufacturer Detail
✦ ASSA ABLOY
✦ JELD-WEN Holding
✦ Marvin Doors & Windows
✦ Pella
✦ Masonite
✦ VKR
✦ Atrium
✦ Bayer Built
✦ ETO Doors
✦ JS Doors Manufacturer PTE
Section 4: Region Segmentation
✦ North America Country (United States, Canada)
✦ South America
✦ Asia Country (China, Japan, India, Korea)
✦ Europe Country (Germany, UK, France, Italy)
✦ Other Country (Middle East, Africa, GCC)
Section (5 6 7): Segmentation
Product Type Segmentation:->
✦ Panel Doors
✦ Bypass Doors
✦ Bifold Doors
✦ Pocket
Industry Segmentation:->
✦ Residential
✦ Non-residential
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2024)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
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