Global Composite Doors and Windows Market

Composite Doors and Windows Market Size, Share, Growth Analysis, By Material(Fiber-reinforced Plastics, and Wood-Plastic Composites), By Application(Industrial, Residential, and Commercial), By Region - Industry Forecast 2024-2031


Report ID: SQMIG15F2176 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 62 | Figures: 71

Composite Doors and Windows Market Insights

Global composite doors and windows market size was valued at USD 1.7 billion in 2022 and is poised to grow from USD 1.76 billion in 2023 to USD 2.34 billion by 2031, growing at a CAGR of 3.6% in the forecast period (2024-2031).

Doors and windows made from composite materials are known as composite doors and windows. These types of doors and windows are gaining massive popularity across the world owing to their high durability and low cost as compared to traditional alternatives. The rapidly expanding construction industry and growing demand for lightweight materials are also contributing to the rising sales of composite doors and windows. High resistance to chemicals, water, and all types of harsh environmental conditions is promoting the demand for composite doors and windows. Moreover, doors and windows made from composite materials provide superior heat and electrical insulation as compared to products made from wood or metals. High investments in infrastructure development around the world are also favoring composite doors and windows market growth.

Increasing number of people undertaking renovation of their homes and growing popularity of DIY construction are estimated to bolster sales of composite doors and windows over the coming years. However, the availability of cheap alternatives and high costs of composite doors and windows are estimated to slow down composite doors and windows market development in the long run.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

composite doors and windows market size was valued at USD 1.7 billion in 2022 and is poised to grow from USD 1.76 billion in 2023 to USD 2.34 billion by 2031, growing at a CAGR of 3.6% in the forecast period (2024-2031).

Composite doors and window suppliers should focus on increasing awareness regarding the benefits of their products to increase their sales. Companies can also focus on strategies such as mergers, collaborations, acquisitions, and partnerships to enhance their market presence. The launch of new doors and windows made with unique composite materials will also be crucial for composite doors and windows market players around the world. New companies can penetrate the market by coming up with innovative yet creative composite doors and windows that are suited to evolving consumer preferences around the world. Market players should also invest in research and development to come up with unique materials that are also sustainable to attract eco-conscious consumers. 'FiberTech Composite Pvt. Ltd.', 'Fiberline Building Profiles', 'Hardy Smith Designs Private Limited', 'Vello Nordic AS', 'Dortek', 'Nationwide Windows', 'Andersen Corporation', 'Just Doors UK Ltd.', 'Virtuoso', 'Ecoste', 'Worthing Windows', 'Curries ASSA-ALBOY', 'Pella Corporation', 'Ravalsons', 'Chem-Pruf', 'Special-Lite'

Construction companies are continually increasing the use of composites to save costs and improve the quality of construction, which in turn is projected to bolster sales of composite doors and windows in the future.

Innovative Design: Composite doors and windows market players should focus on creating innovative new designs to attract new customers and maximize their sales potential going forward. Evolving consumer preferences and rising disposable income are key factors that are driving up the demand for aesthetic and modern-looking composite doors and window designs.

Asia Pacific dominates the demand for composite doors and windows at present. The high market share of this region can be directly ascribed to rapid urbanization and industrialization in this region. India, China, Japan, South Korea, and Indonesia are estimated to be the top countries where demand for composite doors and windows is slated to soar high going forward. The high focus of governments in this region on infrastructure development is leading to increased construction activity and pushing composite doors and windows sales as well.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Composite Doors and Windows Market

Report ID: SQMIG15F2176

$5,300
BUY NOW GET FREE SAMPLE