Doors Market by Type (Interior and Exterior), Material (Metal, Wood, Glass, uPVC, and others), Mechanism (Swing, Sliding, Folding, Revolving, and Others), Application (Residential and Non-residential), and Regional Analysis (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2021–2028

Global Doors Market Analysis

The global doors market size is expected to grow from $1,15,636.4 million in 2020 to $1,64,128.8 million by 2028, at a CAGR of 4.5%.

Market Synopsis

Strong government support to the construction industry is anticipated to create enormous impact on the global doors market.

However, high investment & installation costs, particularly for the low- & medium-income countries, along with fluctuating raw material prices and increasing environmental concerns may restrain the global door market growth.

According to the Asia-Pacific doors market forecast, the market is expected to reach up to $72,709.1 million by 2028, surging from $49,492.4 million in 2020, at a noteworthy CAGR of 5.0%.

Doors Overview

A door is a movable barrier that allows entrance into and out from an enclosure. Doors are made of stone, wood, glass, metal, or the combination of such materials, built to fold, swing, roll, or slide in order to open or close to the room. A door's crucial and main purpose is to offer security to the home or building by controlling the access to a certain area. Doors are primarily attached by hinges, which can move by other means, like counterbalancing and slides.

Covid-19 Impact on Doors Market

In response to the coronavirus disease crisis, business sectors like transportation, petroleum, and retail industry have been forced to reconsider their business policies and models. Moreover, global doors industry has also witnessed a decline in growth rate, during the pandemic mainly because of massively reduced demand in residential as well as non-residential sectors. Multiple factors such as shortage of materials and subcontractors, supply chains disruption, and the termination of contracts to minimize expenses are some of the major reasons hampering the global door market growth.

On the other hand, in June 2021, PELLA CORPORATION, a US-based notable door manufacturing company, announced to launch an e-commerce site in order to provide online price transparency to the window and door market. This platform will enable homeowners to see pricing and purchase replacement patio doors and windows directly from their home. PELLA CORPORATION is the 1^st national window & door manufacturer that has provided online platform to buy patio doors and customize products. Such companies’ strategic steps may help support to surge the global doors industry in the analysis period.

Strong Government Support to the Construction Industry to Create Enormous Impact on the Global Doors Market

After the 1^st wave of COVID-19, the overall economic growth is likely to boost the consumer expenditure power. Also, expansion of institutional buildings such as colleges, hotels, and hospitals is expected to astonishingly increase, after the pandemic. Moreover, regulatory support through tax deductions may bolster the demand for construction equipment, which may ultimately drive the global doors market in the analysis period.

In addition to this, government authorities across the world are providing robust financial support to the door industry. For example, in April 2021, the Canada government released its budget, in which they have proposed $4.4 billion to the Canada Mortgage and Housing Corporation, a Canadian government department that acts as national housing agency, in order to help support homeowners complete home retrofits including installation of windows and doors. Homeowners will be eligible for the instant interest-free loans up to almost $40,000.0. Such robust support from the government bodies may help support to improvise the construction industry which may eventually flourish the global doors market growth, during the analysis period.

To know more about global doors market drivers, get in touch with our analysts here.

A Higher Investment Cost May Obstruct the Growth of the Global Doors Market

High investment & installation costs particularly for the low- & medium-income countries may hamper the global doors market, during the analysis period. Furthermore, fluctuating raw material prices coupled with increasing environmental concerns as well as implementation of standards in door products may obstruct the market growth, in the forecast period.

Growing Adoption of Eco- Friendly Doors across the World to Create Enormous Opportunities for the Global Market in the Future

The eco-friendly door system maximizes the seal between the frame and the door to avoid damaging effects of rain or wind and increases energy efficiency. These energy-efficient doors are manufactured with wood-clad steel, painted steel, fiberglass, and polyurethane foam. Hence, key players operating in the door industry are coming up with novel product innovations to strengthen their position in the global market. For example, in October 2019, RCS Doors, leading manufacturer and supplier of commercial, domestic, and industrial roller shutters, announced to officially launch the state-of-the-art, cost-saving, and eco-friendly insulated doors. The company has sourced the modern solution to galvanizing called Aluzinc, which is 100% recyclable and has launched the range of insulated doors for commercial and domestic purposes. All these factors showcase that the demand eco-friendly doors may create huge opportunities, in the global market.

To know more about global doors market opportunities, get in touch with our analysts here.

Source: Research Dive Analysis

The interior sub-segment is expected to have a lucrative growth in the global market and register a revenue of $96,884.0 million by 2028.
The interior doors market is mainly driven by the advancements by leading companies to manufacture eco-friendly doors, extensive growth in the expenses on home remodeling particularly in the developed countries like the U.S. and Germany, and spike in residential & non-residential construction. In addition to this, notable demand for recyclable raw materials combined with the increase in government support for the adoption of polyvinyl chloride (uPVC) owing to the enhanced energy efficiency properties are further anticipated to flourish the growth of interior doors market.

Source: Research Dive Analysis

The uPVC sub-segment of the global doors market is estimated to grow at the most notable CAGR and surpass $26,627.0 million by 2028, with a rise from $17,606.2 million in 2020.
uPVC (unplasticized polyvinyl chloride) is one of best alternatives to other traditional materials, mainly because it is a low maintenance along with effective material in manufacturing doors. Also, exceptional growth in the real estate sector specifically in the emerging countries like India is one of the major factors driving uPVC sub-segment, throughout the analysis period. In addition to this, construction of smart cities, urbanization, and changing lifestyle worldwide are some of the factors that are expected to accelerate the uPVC sub segment’s growth.

Source: Research Dive Analysis

The swing sub-segment of the global doors market is estimated to grow at the most notable CAGR and surpass $63,440.5 million by 2028, with a rise from $43,678.9 million in 2020.
The construction industry gaining traction is significantly accelerating the growth of swing doors market. Also, key factors such as major role in retail, healthcare, and other infrastructure in separating entering and exiting traffic, may create positive impact on the segment’s growth. Furthermore, the increasing adoption of fully sensor-operated swing doors specifically for the safe hands-free usage is expected to propel the market growth.

Source: Research Dive Analysis

The residential sub-segment of the global doors market is estimated to grow at the most notable CAGR and surpass $92,279.5 million by 2028, with a rise from $64,352.0 million in 2020. Massively surged spending on the new housing and renovation activity might accelerate the residential sub-segment’s growth, during the forecast period. Also, homeowners worldwide are predicted to increasingly opt for residential doors that provide aesthetics and superior performance. For instance, in February 2020, GlassCraft Door Company, notable manufacturer of premium composite, steel, and wood entry doors, announced the installation of a large Italpresse hot press to boost capacity for its Buffalo Forge business segment. This press will enable company to assemble a door slab within 4 minutes. Such improvisations by the key players operating in doors market may create huge opportunities, in the global market.

Global Doors Market, Regional Insights:

The doors market was investigated across North America, Europe, Asia-Pacific, and LAMEA.

Source: Research Dive Analysis

The Market for Doors in Asia-Pacific to be the Most Dominating as well as Lucrative

Asia-Pacific doors market share accounted $49,492.4 million in 2020 and is expected to register a revenue of $72,709.1 million by 2028. The massive demand for major upgrades especially in China's or India’s commercial, residential, and education buildings may fuel the global door market revenue. Also, due to the real estate boom and significant infrastructure expansion in the Asia-Pacific region, the APAC doors market may experience remarkable growth. Furthermore, growth in population, urbanization, and extensive demand for residential as well as non-residential buildings in the region, may create enormous opportunities for the Asia-Pacific doors market.

Competitive Scenario in the Global Doors Market

Component launches and mergers & acquisitions are common strategies followed by major market players.

Source: Research Dive Analysis

Some of the leading doors market players are ASSA ABLOY, dormakaba Group, Jeld-Wen, Inc., Simpson Door Company., ANDERSEN CORPORATION., Fancy Doors & Mouldings Ltd., Cornerstone Building Brands, ARCAT, Inc., LaCantina Doors., and Boon Edam.

Porter’s Five Forces Analysis for the Global Doors Market:

• Bargaining Power of Suppliers: Suppliers operating in the global doors are high in number and are much larger and more globalized. So, there will be less threat from the supplier.
  Thus, the bargaining power of the supplier is low.    
• Bargaining Power of Buyer: Buyers demand effective doors in lower cost. This has increased the pressure on multiple providers to offer the doors in a cost-effective way. Thus, many suppliers are offering best yet cost–effective doors, such as French doors, front doors and others. This gives the buyers the option to freely choose doors that best fit their preference.
  Thus, the bargaining power of the buyer is high.
• Threat of New Entrants: The companies entering the global doors market are adopting technological innovations like screen doors and sliding doors to attract customers. Also, these companies are implementing various effective strategies and there is government support in some countries.
  Thus, threat of the new entrants is high.
• Threat of Substitutes: There is no alternative component available. 
  Thus, the threat of substitutes is low.
• Competitive Rivalry in the Market: The competitive rivalry among the industry leaders is rather intense, especially between the global players including ASSA ABLOY, dormakaba Group, and Jeld-Wen, Inc. These companies are launching their value-added services in the international market and strengthening the footprint worldwide.
  Therefore, the competitive rivalry in the market is high.