Global Optical Lens Market Size, Share & Industry Trends Analysis Report By Type (Converging and Diverging), By Application, By Regional Outlook and Forecast, 2023 - 2030

Global Patio Doors Market Size, Share & Industry Trends Analysis Report By Mechanism (Hinged, and Sliding), By Material (PVC, Aluminium, and Wood), By Door Type, By Regional Outlook and Forecast, 2023 - 2030

The Global Patio Doors Market size is expected to reach $51.3 billion by 2030, rising at a market growth of 4.3% CAGR during the forecast period.

Revolving patio doors, also known as revolving doors or circular doors, are a unique and aesthetically distinctive option for entryways, including patio or outdoor spaces. Unlike traditional hinged or sliding doors, revolving doors consist of multiple wings or panels that rotate around a central axis, allowing people to enter or exit a building without the need to push or pull the door. Consequently, Revolving doors segment acquired $3,694.7 million revenue in the market in 2022. While revolving doors are more commonly used for building entrances, they can also be employed in patio or outdoor settings for specific design and functional purposes. Revolving patio doors are known for their architectural elegance and grandeur. They often make a striking visual statement, enhancing the overall appearance of a building or outdoor space. They can be especially well-suited for upscale or historic properties. Some of the factors impacting the market are rapid urbanization and industrialization, increase in consumer spending on home remodeling, and high initial costs and predictive maintenance for automatic doors.

As urban areas become denser, people seek ways to make the most of limited living space. Patio doors offer a sense of openness and the illusion of a larger living area by connecting indoor spaces to balconies, terraces, or communal outdoor areas. Industrialization and urbanization often lead to economic growth, which, in turn, results in increased disposable income among urban residents. This financial stability allows homeowners and businesses to invest in home improvement projects and upgrade their properties with high-quality patio doors. Rapid urbanization has led to changing architectural trends. The competitive nature of urban areas often results in a broad range of options for consumers. The growth of the market is closely tied to the dynamics of urbanization and industrialization. Higher consumer spending on home remodeling reflects a growing trend among homeowners to invest in upgrading and renovating their properties. Patio doors are popular for home improvement projects as they offer functional and aesthetic benefits. Homeowners looking to increase the value of their homes often turn to remodeling projects. Installing or upgrading patio doors can enhance the exterior appearance of a property, improving curb appeal and raising the resale value. The concept of indoor-outdoor living spaces has gained popularity in recent years. Homeowners are investing in patio doors to create a seamless change between indoor and outdoor areas, making their homes more spacious and open. This trend is expected to continue as consumers prioritize home comfort and value.

However, Automatic doors involve complex machinery, including sensors, motors, gears, and control systems. The initial cost of purchasing and installing these components can be relatively high compared to manual doors. Installing automatic doors requires specialized skills and expertise, which can add to the overall cost. The complexity of the installation process, including wiring and programming, contributes to these expenses. The cost of automatic doors can vary widely depending on factors like door type (sliding, swinging, revolving), brand, features, and the complexity of the installation. High-end automatic doors with advanced features will naturally come with a higher price tag. The high initial costs and predictive maintenance for automatic doors will hamper the market growth.

Mechanism Outlook

On the basis of mechanism, the market is segmented into sliding and hinged. In 2022, the hinged segment dominated the market with the maximum revenue share. The hinged door is one of the major components in building structures. Its primary function is to provide safety and security to people entering or leaving a room or house. A swing door is the most common type that opens and closes using a hinge. These doors allow homeowners to enter and exit the house quickly. The door plays a vital role in the construction sector as it protects from extreme weather conditions, keeping the rooms cool during summer and warm during wintertime.

Material Outlook

Based on material, the market is classified into wood, aluminum, and PVC. The wood segment recorded a remarkable revenue share in the market in 2022. Wood patio doors are prized for their natural and organic appearance. The grain patterns and texture of the wood give these doors a warm and inviting feel. Wood complements a wide range of architectural styles, from traditional to contemporary. Wood patio doors are available in various styles and configurations, including hinged, sliding, and folding options. This versatility allows homeowners to choose the style that best suits their space and design preferences. Wood patio doors often feature large glass panels to maximize natural light and outdoor views.

Door Type Outlook

By door type, the market is fragmented into swing doors, sliding doors, folding doors, revolving doors, and others. The folding doors segment garnered a significant revenue share in the market in 2022. Folding patio doors, also known as bi-fold patio doors, are a popular and versatile choice for homeowners and builders looking to create a seamless transition between indoor and outdoor living spaces. When opened, these doors consist of multiple panels that fold and stack neatly to one or both sides. Folding patio doors are known for their wide openings, providing unobstructed views and ample natural light, making them a sought-after feature in modern home design.

Region Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Europe region witnessed the largest revenue share in the market. Europe consists of many countries with high per capita income and witnesses large spending on home remodeling projects. This also increases the spending on doors and related products. Furthermore, the UK, France, and Italy are leading in Europe's residential and non-residential construction sectors. Central and Eastern European nations, such as Poland, Hungary, Romania, and the Czech Republic, are a few major countries attracting a significant number of tourists throughout the year, which puts a high demand for buildings to house guests.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include ASSA ABLOY AB, TruStile Doors, LLC (Marvin), Masonite International Corporation (Kohlberg Kravis Roberts & Co. L.P.), Sun Mountain, Inc. (Kodiak Building Partners), Steves & Sons, Inc., Lynden Door, Inc., Andersen Corporation, Pella Corporation, Simpson Door Company, and JELD-WEN Inc. (JELD-WEN Holding, Inc.)

Scope of the Study

Market Segments covered in the Report:

By Mechanism

• Hinged
• Sliding

By Material

• PVC
• Aluminum
• Wood

By Door Type

• Swing Doors
• Sliding Doors
• Revolving Doors
• Folding Doors
• Others

By Geography

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific
• LAMEA
• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• ASSA ABLOY AB
• TruStile Doors, LLC (Marvin)
• Masonite International Corporation (Kohlberg Kravis Roberts & Co. L.P.)
• Sun Mountain, Inc. (Kodiak Building Partners)
• Steves & Sons, Inc.
• Lynden Door, Inc.
• Andersen Corporation
• Pella Corporation
• Simpson Door Company
• JELD-WEN Inc. (JELD-WEN Holding, Inc.)

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