Industry Today Logo

Published Mon, Apr 15th 2019

Interior Doors Market Estimated to Garner $85.41 Billion by 2025, at 6.3% CAGR - Says AMR

Increase in construction activities for residential & non-residential projects, rise in demand for eco-friendly and energy-efficient doors, and increase in remodeling and home improvement expenditures drive the growth in the global interior doors market.

Posted via Industry Today. Follow us on Twitter @IndustryToday


According to the report published by Allied Market Research, the global interior doors market garnered $52.61 billion in 2017 and is estimated to generate $85.41 billion by 2025, growing at a CAGR of 6.3% from 2018 to 2025. The research offers a detailed analysis of the current market trends and growth opportunities along with drivers, restraints, opportunities, and key segments of the market. The research also outlines strategies to be adopted by market players to gain international presence.

Increase in construction activities for residential & non-residential projects, rise in demand for eco-friendly and energy-efficient doors, and increase in remodeling and home improvement expenditures drive the growth in the market. In addition, surge in demand for raw materials and supportive government policies to adopt polyvinyl chloride (uPVC) for its enhanced energy efficiency supplements the growth. However, expensive cost of packages of eco-friendly products restrain the market growth. On the other hand, rapid industrialization & urbanization and surge in disposable income in emerging countries would provide new opportunities for the market players.

Buy Now @Flat 20% Discount: https://www.alliedmarketresearch.com/checkout/290337 * Offer Valid Till 20 April 2019*
 

Panel doors segment to hold the highest share in terms of revenue by 2025

Among the door types, the panel doors segment contributed the highest market share of nearly two-thirds in 2017, and is expected hold the dominant position in terms of revenue by 2025. This is due to the huge demand for panel doors from builders and home owners for its weatherproofing properties and lesser maintenance as compared to other door types. However, the bypass doors segment is expected to witness the fastest growth rate with a CAGR of 7.3% during the forecast period. The report also analyzes pocket doors, bifold doors, and others.
 

Fiberboard to register the fastest growth rate

Among the product types, the wood segment contributed more than half of the total share in 2017 and will maintain its leadership position in terms of revenue dominant throughout the forecast period. This is due to its advantages such as biodegradability, renewability, and the lowest carbon footprint. It is the preferred material of choice owing to its thermal insulation properties, high strength, workability, and strong aesthetics. However, the fiberboard segment would register the fastest growth rate with a CAGR of 7.9% during the forecast period. The report provides insights on the types such as metal, fiberglass, glass, vinyl, and others.
 

Asia-Pacific to become a lucrative region by 2025

Asia-Pacific garnered more than half of the total share in 2017 and is estimated to maintain its dominant position during the forecast period. This segment would also grow the highest growth rate with a CAGR of 6.9% from 2018 to 2025. This is due to surge in demand for interior doors in various regions including China, India, and other countries.

Download Sample Report: https://www.alliedmarketresearch.com/request-sample/2434?utm_source=IT&utm_medium=Pra


Leading market players

The key players discussed in the research include Artisan Hardware, Chaparral Doors, Bayer Built WoodWorks Inc., Concept SGA., Colonial Elegance Inc., Jeld-Wen Holding Inc., Contractors Wadrobe, Rustica Hardware, Masonite International Corporation, and Simpson Door Company.
 

About Us

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
 
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
 

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

Contact information

David Correa
Allied Market Research
5933 NE Win Sivers Drive
#205
Portland
97220
+1-800-792-5285
https://www.alliedmarketresearch.com

Visit www.industrytoday.co.uk to publish and distribute news from your Industry. Optimised press releases appear in Google News. Connect with us via the social networks Twitter, Facebook, LinkedIn, Google+ and Pinterest