Global Wood Doors Market Research Report 2024(Status and Outlook)
Report Overview
Wood doors are doors made primarily from wood or wood-based materials. They are known for their natural beauty, warmth, and versatility. Wood doors can be crafted from various types of wood, each offering unique characteristics in terms of grain patterns, color, hardness, and durability. the wood doors market has been experiencing steady growth due to factors such as increasing construction and renovation activities, growing demand for aesthetically appealing interior and exterior doors, and the preference for sustainable and natural building materials.
The COVID-19 pandemic has had some impact on the construction industry and related sectors. While there may have been temporary disruptions, the wood doors market has shown resilience and is expected to recover as construction activities resume and consumer demand picks up.
The global Wood Doors market size is projected to reach US$ 70646.97 Million by 2028, from US$ 54697.10 million in 2022, at a CAGR of 4.36% during 2022-2028. The sustained growth of the national economy is the fundamental driving force for the development of the wood door industry. The sustained and rapid development of globalization is the direct driving force for the development of the wood door industry. As the economy expands, construction activity in the residential and commercial sectors has increased. More people are migrating from rural areas to cities, and the construction of residential and commercial buildings is intensifying. This has resulted in higher demand for wood doors which are an essential part of buildings and infrastructure projects.
More specifically, the rapid development of the global construction industry and the upsurge of home renovation and upgrading are the core driving forces for the development of the wood doors market. The prosperity of the wood door industry is highly related to real estate, and the demand for wood doors is highly related to the prosperity of real estate. The completion of real estate directly affects the demand for wood door orders. Demand for wood doors has also been impacted by the boom in home remodeling and upgrading. Homeowners are increasingly investing in home renovations to improve aesthetics, functionality and energy efficiency. This trend provides opportunities for manufacturers and suppliers in the wood doors market. In addition, technological progress in the manufacturing process and materials of the wood door industry has also played an important role in promoting the development of the wood doors market.
At the same time, factors such as fluctuations in the cost of basic materials, the risk of fluctuations in the real estate industry, oversupply, and product homogeneity have brought considerable challenges to the development of the wood doors market.
Segment by Type, the Wood Doors can be split into Solid Wood Door, Wood Composite Door, etc. In 2021, the Solid Wood Door segment already holds the highest market share at 66.31%. Solid wood doors are known for their durability and longevity. They are resistant to wear and tear and can withstand everyday use without major damage. The inherent strength and stability of solid wood makes these doors highly durable and less prone to warping or twisting than other door types. Additionally, solid wood doors offer extensive customization options in terms of design, size and finish. They can be easily customized to suit different architectural styles and design preferences, allowing clients to create unique and personalized entrances.
Divided by application, the Wood Doors can be split into Household and Commercial Use. The Household segment has always occupied the largest market share and will continue to dominate the market during the forecast period. The Homes segment primarily caters to the residential market, including new residential construction projects and renovation or remodeling activities. The residential segment is a significant driver of demand for wood doors due to the need for doors to be installed in detached houses, apartments, and other residential buildings. The number of residential projects is usually higher compared to commercial projects. With the continuous growth of housing demand, the construction of new homes and the renovation of existing homes have created a steady demand for wood doors in the home sector. The increase in the number of residential projects has led to a larger market size and market share for wood doors in the home furnishing sector.
On basis of geography, the Wood Doors market is segmented into North America, Europe, Asia-Pacific, South America, Middle East and Africa, etc. Currently, the Asia-Pacific market contributes more than 65% of the revenue, and its market size will Expand at the highest growth rate during the forecast period. The Asia Pacific region is experiencing rapid urbanization and a substantial increase in construction activities. Growing populations, rising income levels and expanding economies are driving demand for residential, commercial and infrastructure development projects. Governments across the Asia-Pacific region have also been investing in infrastructure development, housing schemes, and urban renewal projects to support economic growth and meet growing demand for housing and public infrastructure. As wood doors are a key component in building construction, the booming construction industry in Asia Pacific is driving the demand for wood doors, leading to larger market size and higher revenue contribution.
According to our calculations, in 2021, the Wood Doors market's market concentration indicators CR5 and HHI were 6.36% and 0.11%, respectively. This means that the market concentration of Wood Doors market is very low, and manufacturers are in very fierce competition. However, with the development of the industry, enterprises focusing on wood doors have higher gross profit margins due to their large production scale and leading production technology. Compared with home furnishing companies that have expanded from other categories to wood doors, companies dominated by wood doors have obvious advantages in scale. Currently, the key players in the market include Masonite, Jeld-Wen, Woodgrain Doors, Bayer Built, Steves Doors, TruStile Doors, TATA, Mengtian Home Group Inc, Panpan Doors, Oupai, Stallion, Simpson Door, Sierra Doors, Lynden Doors, IFN Holding AG, Arazzinni, Hörmann KG, Sun Mountain, Appalachian Wood Products, Inc, GRAUTHOFF.
This report provides a deep insight into the global Wood Doors market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Wood Doors Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Wood Doors market in any manner.
Global Wood Doors Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Masonite
Jeld-Wen
Woodgrain Doors
Bayer Built
Steves Doors
TruStile Doors
TATA
Mengtian Home Group Inc
Panpan Doors
Oupai
Stallion
Simpson Door
Sierra Doors
Lynden Doors
IFN Holding AG
Arazzinni
H?rmann KG
Sun Mountain
Appalachian Wood Products, Inc
GRAUTHOFF
Market Segmentation (by Type)
Solid Wood Door
Wood Composite Door
Molded Door
Market Segmentation (by Application)
Household
Commercial Use
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Wood Doors Market
Overview of the regional outlook of the Wood Doors Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
6-month post-sales analyst support
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Wood Doors Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.
Chapter 12 is the main points and conclusions of the report.