Composite Doors and Windows Global Business Report 2024: As Demand Rises for Hygienic Doors & Windows, Composite Materials Hold an Edge


Dublin, May 15, 2024 (GLOBE NEWSWIRE) -- The "Composite Doors and Windows - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Composite Doors and Windows Market to Reach $1.6 Billion by 2030

The global market for Composite Doors and Windows estimated at US$949.1 Million in the year 2023, is projected to reach a revised size of US$1.6 Billion by 2030, growing at a CAGR of 6.5% over the analysis period 2023-2030.

Fiber Reinforced Plastics Material, one of the segments analyzed in the report, is projected to record 6.8% CAGR and reach US$1 Billion by the end of the analysis period. Growth in the Wood Plastic Composites Material segment is estimated at 5.9% CAGR for the next 8-year period.

The Composite Doors and Windows market in the U.S. is estimated at US$278.6 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$258.3 Million by the year 2030 trailing a CAGR of 8.3% over the analysis period 2023 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.9% and 5.9% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR.

Key Market Trends & Drivers

  • Myriad Benefits of Composite Materials Fuel Use in Doors and Windows
  • The Rise of Composite Doors
  • Composite Doors Emerge as the Door of Choice for Residential Properties
  • Panoramic View of Trends Associated With Composite Front Doors
  • Rising Prominence of Energy Efficient Building Products: A Strong Growth Driver
  • Composites Find Growing Use in Green Buildings
  • Building Renovations & Remodeling: Prominent Revenue Generating Vertical
  • Robust Gains for Composite Windows & Doors Market across Residential & Non-Residential Construction Sectors
  • Non-Residential Sector Benefits from Building Panel Systems
  • Market to Benefit from the Rise of E-Commerce and Resultant Boom in Warehouse Construction
  • Rising Popularity of Fiberglass Doors
  • The Many Advantages of Fiberglass Composite Doors Spur Adoption
  • Exceptional Features and Benefits of Wood Plastic Composites (WPC) Drive Usage in Windows and Doors
  • WPC Doors: Green Attributes to Fuel Market Growth
  • As Demand Rises for Hygienic Doors & Windows, Composite Materials Hold an Edge
  • Trends in the Doors & Windows Industry to Influence Market Demand
  • Advancements in Fenestration Technology Locks-in Demand
  • Comparing Vinyl vs Wood vs Metal vs Composite Windows and Patio Doors
  • Expensive Nature & Low Awareness of Composites: Key Hurdles to Growth
  • Wood and Metal: Widely Used Competitive Materials Present Challenges
  • Composite Doors vs. uPVC Doors
  • Demographic Trends Add Strength to Construction Spending, Drives Opportunities for Composite Windows and Doors
  • Population Growth
  • Rapid Urbanization
  • Expanding Middle Class Segment
  • Rising Standards of Living

Key Attributes:

Report AttributeDetails
No. of Pages526
Forecast Period2023 - 2030
Estimated Market Value (USD) in 2023$949.1 Million
Forecasted Market Value (USD) by 2030$1600 Million
Compound Annual Growth Rate6.5%
Regions CoveredGlobal

The report profiles 78 key players. A selection of competitors includes:

  • Hardy Smith Designs Private Limited
  • Andersen Corporation
  • ASSA ABLOY
  • Dortek Limited
  • Deceuninck
  • LG Hausys, Ltd.
  • Chase Doors, Inc.
  • Beautex Industries Pvt Ltd.
  • JELD-WEN Glass Australia
  • ECOSTE
  • Epwin Group
  • Curries
  • Euramax Solutions
  • IG Doors Ltd.
  • E3 Extrusion, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/hq10gp

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Composite Doors and Windows Market

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