Global Door Market Size By Material, By Mechanism, By Geographic Scope And Forecast

Report Highlights

Door Market Size And Forecast

Door Market was valued at USD 92.19 Billion in 2019 and is projected to reach USD 126.53 Billion by 2027, growing at a CAGR of 4.66% from 2020 to 2027.

The Door Market report provides a holistic evaluation of the market for the forecast period. The report comprises of various segments as well an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics, involves the drivers, restraints, opportunities and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Door Market study provides an outlook on the development of market in terms of revenue throughout the prognosis period.

Global Door Market Overview

The global market for doors has been significantly large as doors are implemented in every residential and non-residential structure. Plastic doors are expected to be the fastest growing segment in the door industry, where gains are largely driven by demands from China, India, and Brazil. Plastic materials have mostly benefited from their reduced maintenance requirements, low cost and its insulating properties, which are expected to be a huge contributor in the growth of the market. The market is strongly expected to grow due to the increasing construction activities across the globe. In addition, the growing demand for doors for safety purposes such as fire and security, implemented in industries due to rising safety regulations is expected to drive the market. Growing commercial construction activities in developing regions such as India and China is expected to open the doors for the automatic door industry.

This report provides an all-inclusive environment of the analysis for the Door Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political and economic factors along with the current market dynamics affecting the Door Market growth.

Along with the market overview, which comprises of the market dynamics the chapter includes a Porter’s Five Forces analysis which explains the five forces: namely buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in the Door Market. It explains the various participants, such as system integrators, intermediaries and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Door Market.