Global Composite Doors and Windows Market Analysis Report 2023: Myriad of Benefits Fuels the $1.66 Billion Industry


Dublin, May 09, 2023 (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$882.3 Million in the year 2022, is projected to reach a revised size of US$1.6 Billion by 2030, growing at a CAGR of 7.4% over the analysis period 2022-2030.

Fiber Reinforced Plastics, one of the segments analyzed in the report, is projected to record 7.8% CAGR and reach US$1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Wood Plastic Composites segment is readjusted to a revised 6.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $260.4 Million, While China is Forecast to Grow at 9.5% CAGR

The Composite Doors and Windows market in the U.S. is estimated at US$260.4 Million in the year 2022. 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 9.5% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 6.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.1% CAGR.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages526
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$882.3 Million
Forecasted Market Value (USD) by 2030$1600 Million
Compound Annual Growth Rate7.7%
Regions CoveredGlobal

MARKET OVERVIEW

  • Economic Volatility & Construction Market Dynamics to Shape Growth Patterns
  • Recovery in Construction Sector to Boost Growth
  • An Introduction to Composite Doors & Windows
  • Comparison of Wooden, uPVC & Composite Doors & Windows
  • Global Market Outlook
  • Composite Doors & Windows Market: Dazzling List of Drivers
  • Fiber Glass Lead the Global Composites Doors and Windows Market
  • Polyester Resin Emerges as Leading Category in Composite Doors & Windows Market
  • North America Stays above the Pack in Global Composite Doors & Windows Market
  • Competition
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • World Brands
  • Recent Market Activity

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 Building
  • 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

FOCUS ON SELECT PLAYERS Select Competitors (Total 78 Featured)

  • Andersen Corporation
  • Assa Abloy AB
  • Chem Pruf Door Co Ltd
  • CURRIES Company
  • Dortek Ltd
  • ECOSTE Wood Polymer Composite
  • Epwin Group
  • Fenesta Building Systems
  • Fiberr Xel
  • Fiber Tech Composite Private Limited
  • Hardy Smith Designs Private Limited
  • Just Doors UK Ltd.
  • Nationwide Windows
  • Pella Corporation
  • Ravalsons
  • Special-Lite Inc.
  • Vello Nordic AS
  • Virtuoso Doors Limited
  • Worthing Windows Ltd

For more information about this report visit https://www.researchandmarkets.com/r/6gvigw

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