last posts

Windows Global Market Report 2023: Rapid Growth in the Construction Industry Bodes Well for the Sector - ResearchAndMarkets.com

techsm5

DUBLIN–(BUSINESS WIRE)–The “Window Market by Material (Wood, Timber, Metal, Plastic, Fiberglass), Frame Type (Sliding, Casement, Awning, Hopper, Fixed, Single Hung, Double Hung, Glass Block) and geography – The “Global Forecasts to 2029” report has been added to from ResearchAndMarkets.com offer.

The global window market is expected to reach $52 billion by 2029 growing at a CAGR of 9% during the forecast period 2022-2029. Based on volume, the global window market is expected to reach 307.8 million units by 2029, at a CAGR of 9.7% during the forecast period.

The growth of this market is driven by the growing demand for single hung windows and the rapid growth of the construction industry, as well as the growing inclination of consumers towards smart homes. Rapid urbanization in emerging economies and growing demand for windows in the renovation industry are expected to create growth opportunities for players operating in the window market.

However, fluctuating commodity prices challenge the growth of the market. Additionally, growing customer preference for larger windows is a major trend in the global window market.

On the basis of materials, the window market is segmented into wood, wood cladding, metal, plastic, and fiberglass. In terms of value, in 2022, the plastic segment is expected to account for the largest share of the global window market. However, the fiberglass segment is expected to register the highest CAGR during the forecast period. The growth of this segment is driven by the growing demand for energy-efficient windows and the increasing adoption of green buildings to reduce carbon footprint.

Based on frame type, the window market is segmented into sliding windows, casement windows, awning windows, hopper windows, fixed windows, single hung windows, double hung windows and glass block windows. In 2022, the single hung window segment is expected to account for the largest share of the global window market. The large market share of this segment is mainly attributed to the growing demand for sash windows due to their lower costs and the increasing number of single-family houses under construction. However, the awning windows segment is expected to register the highest CAGR during the forecast period.

Based on geography, the window market is segmented into North America, Asia-Pacific, Europe, Latin America, Middle East and Africa. In 2022, Asia-Pacific is expected to account for the largest window market share. This regional market is also expected to witness rapid growth over the forecast period. Market growth in Asia-Pacific is driven by factors such as rapidly developing economies in the region, increasing building construction activities in South Korea and Indonesia, increasing number of residential construction projects and non-residential, the growing importance of net-zero energy buildings and the growing demand for green building projects.

Market dynamics

Market factors

  • Rapid growth of the construction industry

  • Growing consumer inclination towards smart homes

  • Growing demand for single hung windows

Market opportunities

  • Rapid Urbanization in Emerging Economies

  • Increase in demand for windows in the renovation industry

Market challenges

  • Commodity price fluctuation

  • Global Window Market Trends

  • Growing customer preference for large windows

Answers to key questions in the report:

  • What are the high growth market segments in terms of material, frame type and country?

  • What is the historic market for windows around the world?

  • What are the market forecasts and estimates from 2022 to 2029?

  • What are the key drivers, restraints and opportunities in the global window market?

  • Who are the major players in the global window market and what are their market shares?

  • Who are the main players in the different countries and what are their market shares?

  • How is the competitive landscape?

  • What are the recent developments in the global window market?

  • What are the various strategies adopted by the major players in the global windows market?

  • What are the geographic trends and high growth countries?

  • Who are the local emerging players in the global window market and how do they compete with other players?

Report Scope:

Windows Market, By Material

  • Plastic

  • Dressed in wood

  • Metal

  • Aluminum

  • Steel

  • Fiberglass

  • Double glazed windows

  • Single pane windows

  • Triple glazed windows

  • Drink

Windows market, by frame type

  • Single pane windows

  • Double hung windows

  • Sliding windows

  • casement windows

  • Fixed windows

  • Awning windows

  • Glass block windows

  • Hopper windows

Windows market, by geography

  • North America

  • WE

  • Canada

  • Europe

  • UK

  • Germany

  • France

  • Italy

  • Poland

  • Belgium

  • Swiss

  • Spain

  • Netherlands

  • Sweden

  • The rest of Europe

  • Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Singapore

  • Australia

  • Indonesia

  • Thailand

  • Malaysia

  • Philippines

  • Rest of Asia-Pacific

  • Latin America

  • Brazil

  • Mexico

  • Rest of Latin America

  • Middle East and Africa

Main topics covered:

1. Introduction

2. Research methodology

3. Executive Summary

4. The impact of Covid-19 on the Windows market

5. Market Overview

6. Global Window Market, By Material

7. Global Windows Market, By Framework Type

8. Windows Market, By Geography

9. Competitive landscape

10. Company Profiles

11. Appendix

Companies cited

  • JELD-WEN Holdings Inc. (USA)

  • Andersen Corporation (USA)

  • Atrium Corporation (USA)

  • LIXIL Corporation (Japan)

  • Marvin Lumber and Cedar Co (USA)

  • MI Windows & Doors LLC (USA)

  • Masco Corporation (USA)

  • Pella Corporation (USA)

  • Weru GmbH (Germany)

  • BG Legno Srl (Italy)

  • SGM Window Manufacturing Limited (UK)

  • Vinylguard Window & Door Systems Ltd. (Canada)

  • Deceuninck SA (Belgium)

  • Neuffer Window + Door GmbH (Germany)

  • Duo Corp. (WE).

For more information about this report visit https://www.researchandmarkets.com/r/jv33ne

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, top companies, new products and the latest trends.

techsm5

Comments



Font Size
+
16
-
lines height
+
2
-