News Report

The global windows and doors market, valued at $208.1 billion in 2022, is projected to reach $356.7 billion by 2032, with a CAGR of 5.5%. Fueled by rising construction in countries like India and China, the market is driven by urbanization and increasing disposable incomes. The U.S. Census Bureau notes 59% of U.S. homes renovated between 2019 and 2021, spending $1,800 on average on windows and doors. Challenges include raw material cost fluctuations.

Analytical Article

Population growth, projected to hit 8.5 billion by 2030 per the United Nations, and urbanization (68% by 2050) drive the windows and doors market, especially in Asia-Pacific, which led in 2022. Metal dominates for durability, but plastic’s affordability fuels its higher CAGR. High costs for automatic doors and labor shortages in developed nations hinder growth, yet smart technologies, like anti-theft systems, present opportunities for expansion.

Feature Story

Windows and doors blend function with aesthetics, transforming buildings. Rural areas demand affordable PVC doors, while urban markets prefer glass and wood for elegance. Innovations like Marvin’s 2023 Elevate Bi-Fold door and Fenesta’s 2020 aluminum systems cater to diverse needs. Smart doors with sensors enhance security, making them vital for commercial spaces prone to theft, redefining modern architecture.

Opinion Piece

The windows and doors market reflects global housing demands, driven by Asia and Africa’s population boom. However, raw material volatility and labor shortages challenge progress. Embracing automation and cost-effective materials like plastic can ensure sustainable growth, meeting the needs of urban and rural markets while addressing environmental concerns through energy-efficient designs.

Informative Guide

Segmented by product (doors, windows), material (wood, metal, plastic), application (swinging, sliding, folding, revolving), end user (residential, non-residential), and region, the market sees doors leading revenue, with windows growing faster. Asia-Pacific dominates due to urbanization in China and India. Key players like Andersen and Pella innovate, with sliding and folding doors gaining popularity for space efficiency.