Doors Market by Product Type (Exterior Doors, Interior Doors), Mechanism (Folding Doors, Overhead Doors, Sliding Doors), Material, Application - Global Forecast 2024-2030
The Doors Market size was estimated at USD 105.04 billion in 2023 and expected to reach USD 110.44 billion in 2024, at a CAGR 5.08% to reach USD 148.59 billion by 2030.
A door is a fundamental element in architecture, primarily designed to control access by blocking, allowing, or separating paths within a building or a room. These doors serve as barriers, providing security, access, and aesthetic features to buildings and structures. The market encompasses a wide range of materials and designs, including wood, steel, and glass. The primary purpose of a door is to provide safety and privacy by limiting or controlling access. Rapid urbanization with an increasing number of construction activities across residential and commercial sectors are elevating the demand for doors. Increasing demand for energy-efficient doors with evolving consumer expectations for aesthetic doors are creating a platform for market growth. High installation and maintenance costs, especially for advanced doors, hamper market growth. The rising introduction of smart and sustainable, eco-friendly materials-based doors represents opportunities for growth of the doors market.
Regional InsightsThe significant rise in reconstruction and remodeling activities across the residential vertical has propelled the demand for doors in the American market. The increasing manufacturing of wood furniture and rising consumer spending in the construction industry are creating a platform for the doors market. According to the Observatory of Economic Complexity (OEC), in 2020, the total exports of wooden furniture were valued at USD 452 million in Mexico, USD 398 million in the United States, and USD 306 million in Canada. Furthermore, the housing and construction industry is important for people living in urban centers as it plays a key role in economic development. The development of the doors market in Asia-Pacific over the past few years has mostly been made possible by various steps taken by the governments of numerous nations to stimulate the infrastructure sector, combined with the rising residential sector. The Indian Ministry of Housing and Urban Affairs (MoHUA) created an affordable rental housing complex site in 2020-2021 with funding from the Union Budget of USD 6.85 billion. The increasing consumer preference for green furniture due to growing awareness and efforts toward climate change mitigation have increased the demand for eco-friendly doors in EMEA.
Market InsightsMarket DynamicsThe market dynamics represent an ever-changing landscape of the Doors Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
Market DriversIncreasing number of renovation and remodeling activities in the residential sector
Rising demand for energy-efficient doors
Growing focus on enhancing building aesthetics and security across the commercial sector
Market RestraintsVolatility in raw material prices of doors
Market OpportunitiesContinuous introduction of smart and advanced doors
Rising inclination towards eco-friendly and green doors
Market ChallengesMoisture and corrosion issues with certain doors
Market Segmentation AnalysisProduct Type: Rising preference for interior doors that suit home aesthetics
Mechanism: High potential for folding doors among business and households
Material: Significant demand for composite and wood doors for aesthetic allure
Application: Expanding adoption rate of personalized and aesthetic-based doors across the residential sector
Market Disruption AnalysisPorter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis
FPNV Positioning MatrixThe FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Doors Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share AnalysisThe market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Doors Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent DevelopmentsShakti Hormann launches OpenXperience centers in Hyderabad, New Delhi
Shakti Hörmann Private Limited has launched its new product line for both B2B and B2C markets in Hyderabad and New Delhi. Shakti Hörmann's new product line, coupled with establishing their advanced manufacturing plant and OpenXperience centers, reflects their strong commitment to delivering high-quality doors while contributing to job creation and customer satisfaction.
Masonite International Corporation Announces Acquisition of Fleetwood, a Premium Manufacturer of Innovative Glass Door Systems
Masonite International Corporation has acquired Fleetwood Aluminum Products, LLC for USD 285 million. This strategic acquisition is aimed to significantly enhance Masonite's product portfolio and enable it to cater to new and non-traditional market segments with innovative and distinctive door systems.
Safe-Way Garage Doors Strengthens National Reach Through Acquisition of 1st United Door Technologies
Safe-Way Garage Doors, a portfolio company of CW Industrial Partners, has acquired all assets of 1st United Door Technologies. This acquisition allows Safe-Way to expand its distribution network into key western markets and provide 1st United with distribution opportunities within the eastern half of the U.S.
Strategy Analysis & RecommendationThe strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Doors Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company ProfilesThe report delves into recent significant developments in the Doors Market, highlighting leading vendors and their innovative profiles. These include Allegion PLC, Alside by Associated Materials, LLC, Andersen Corporation, ARCAT, Inc, Assa Abloy AB, Atrium Windows & Doors, Inc. by Ply Gem Holdings, Inc., Compagnie de Saint-Gobain S.A., dormakaba International Holding AG, Fancy Doors & Mouldings Ltd., Fenesta Building Systems, Gilgen Door Systems AG, Hörmann KG Verkaufsgesellschaft, Ingersoll Rand, JELD-WEN Australia Pty Limited, Jeld-wen, Inc., Lansing Building Products, Masco Corporation, Masonite International Corporation, Milgard Manufacturing, LLC, Pella Corporation, PGT Innovations, Inc., Plastpro 2000, Inc., Royal Boon Edam International B.V., SoftLite Windows & Doors, Therma-Tru Corp. by Fortune Brands Innovations, Inc., and Woodgrain, Inc..
Market Segmentation & CoverageThis research report categorizes the Doors Market to forecast the revenues and analyze trends in each of the following sub-markets:
Product Type
Exterior Doors
Interior Doors
Mechanism
Folding Doors
Overhead Doors
Sliding Doors
Swinging Doors
Material
Composite
Glass
Metal
Plastic
Wood
Application
Non-Residential
Educational Institutions
Government Buildings
Hospitals
Hotels
Offices
Retail
Residential
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
Please Note: PDF & Excel + Online Access - 1 Year