Increasing demand for single-family homes, increasing focus on energy-efficient buildings and increasing innovation in doors and windows

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Dublin, February 25, 2021 (GLOBE NEWSWIRE) – The report “Doors and Windows Market in North America – Industry Outlook and Forecast 2021-2026” has been added ResearchAndMarkets.com Offer.

In-depth analysis and data-driven insights into the impact of COVID-19 in this North American Doors and Windows market report

The North American market for doors and windows by sales is expected to have a CAGR of around 4% in the period 2021-2026.

The demand for doors and windows is primarily driven by residential buildings and the growing investment in renovation, replacement, retrofit and home improvement projects. North America is the largest market for infrastructure construction and expects high opportunities for the door and window market in the forecast period.

Over 60% of homeowners in the US check their financial situation before investing in renovations. Most homeowners in the area focus on renovating homes once a year. The improvement of living conditions is initiated in order to improve the quality of life. In addition, millennials and baby boomers share the same perspective on home renovations.

The surge in investment and resumption of construction projects after the relaxation of COVID-19 regulations should drive the market. Home renovation is a major trend driving the residential door and window market. In Canada, the demand for housing is high due to the increase in immigration. The market continues to be driven by the growth of window systems in new industrial buildings and increased demand for renovation and retrofitting activities.

Door and window market segmentation in North America

The North America research report has detailed segmentation by product, type, material, end-user, installation, operation, and geography. Wood and plastic are the preferred materials for interior doors in North America, increasing their market share. Hardwood and metals are mainly used for exterior doors. The surge in reconstruction and renovation activities in the region is expected to affect the growth of the door and window market. In terms of sales, the residential segment contributed 75% to the North American door market in 2020.

The increase in apartment buildings and residential complexes has helped wood gain a foothold over metal. However, growing concerns about wood as a raw material and advances in plastics and aluminum production are likely to reduce market share by 2030. The metal segment is likely to gain market share in design and manufacturing as well as in public construction projects due to increased demand from the commercial and non-private sectors, innovations. Advances in PVC and thermoplastics should accelerate the demand for plastic.

Interior doors and windows accounted for over 13% and 11% of sales and unit numbers respectively in 2020. The increasing popularity of home improvement projects is one of the main factors accelerating the growth of the market. While the U.S. is one of the largest markets for interior doors and windows, the surge in disposable income and intensified renovation projects should support the market’s growth. In the United States, the Midwest region saw a sharp increase in single-family homes, particularly Chicago, which benefited interior door manufacturers in the region.

In terms of material, the plastics segment led the largest market share for doors and windows in North America at over 43%, followed by metal at over 32% and wood at 20% in 2020. Several renovation projects are expected in the housing sector. Consumer sentiment is for quality and affordable options, making plastic a preferred material choice.

With the growth of the housing sector and subsequent demand for housing materials, plastic materials continue to enjoy high levels of acceptance. Plastic doors and windows continue to gain traction due to innovations in materials and manufacturing techniques. PVC is commonly used as an effective substitute for wood.

Residential renovation and retrofit activities are expected to drive door and window adoption in North America. New government-funded housing projects, particularly due to the increasing immigrant population, are currently fueled by the demand for new housing. Government-funded projects focus on high cost efficiency, thus increasing the demand for plastic windows and doors. A significant shift towards energy efficient window products in new housing and renovation sectors is also contributing to market growth. PVC materials are increasingly being used in energy-efficient residential buildings.

In North America, rapid infrastructure development and construction projects are primarily driving demand for doors and windows in new buildings. Investments in the standardization of the IT infrastructure and product innovations are also driving the market for new buildings.

The need to improve the thermal efficiency and functionality of the traditional door is increasing the demand for replacement doors and windows. The demand for replacements is currently driving the demand for sliding and insulating profiles, mainly due to their improved insulating properties, easier operation and efficient use of space.

Manual doors are becoming increasingly important in industrialized countries as they enable better and regulated control of the air flow. They are also used in rooms where doors need to be kept open for short periods of time to take a strong step, e.g. B. in cinemas and schools. They are widely used in residential buildings and small businesses for two main reasons: low price and easy regulation of airflow, which helps maintain HVAC temperatures in the buildings. Low maintenance and operating costs support the growth of the manual segment.

INSIGHTS BY GEOGRAPHY

US construction activity continues to expand with population growth and urbanization. The demand for single and multi-family houses has increased significantly in recent years; However, after the COVID-19 outbreak, market demand declined in 2020, which is expected to recover between 2021 and 2022. The USA has a high level of traction in commercial building construction. Vinyl windows have seen high growth in recent years, reaching sales of over 37 million units in 2019.

Fiber-based windows are likely to see significant growth in the market. New construction activities continue to increase; However, the COVID-19 outbreak has resulted in a short-term decline. New residential construction in the USA is stagnating; However, home renovation and rebuilding projects are growing. Also, the demand for home improvement increased after the COVID-19 outbreak.

IMPORTANT QUESTIONS ANSWERED

1. What is the size of the doors and windows market in North America in 2021-2026?
2. What are some of the technological innovations in the North American window industry?
3. What is the impact of COVID-19 on the North American construction industry?
4. What factors are influencing the growth of the window and door market?
5. What government initiatives enable doors and windows to grow?
6. What are the main market opportunities in the North American door and window market?

Main topics covered:

1 research methodology

2 research goals

3 research process

4 Scope and Coverage
4.1 Market definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base year
4.3 Scope of the study

5 Report assumptions and precautions
5.1 Important precautions
5.2 Currency conversion
5.3 Market diversion

6 Market at a glance

7 Introduction
7.1 Overview
7.2 Effects of COVID-19

8 market opportunities and trends
8.1 Growing commercial infrastructure investments
8.2 Growing Home Improvement Industries in the United States

9 market growth promoters
9.1 Increasing demand for single-family homes
9.2 Increasing focus on energy efficient buildings
9.3 Increase in innovation in doors and windows

10 Market Restrictions
10.1 Political disruption of raw material supply

11 market landscape
11.1 Market size and forecast
11.2 Five Forces Analysis

12 product
12.1 Market Snapshot & Growth Engine (Sales)
12.2 Market Snapshot & Growth Engine (units)
12.3 Market overview
12.4 doors
12.5 Windows

13 End Users
13.1 Market Snapshot & Growth Engine (Sales)
13.2 Market Snapshot & Growth Engine (units)
13.3 Market overview
13.4 Housing
13.5 Non-residential buildings

14 type
14.1 Market Snapshot & Growth Engine (Sales)
14.2 Market Snapshot & Growth Engine (units)
14.3 Market overview
14.4 interior
14.5 Exterior view

15 material
15.1 Market Snapshot & Growth Engine (Sales)
15.2 Market Snapshot & Growth Engine (units)
15.3 Market overview
15.4 plastic
15.5 glass
15.6 wood
15.7 metal

16 Installation
16.1 Market Snapshot & Growth Engine (Sales)
16.2 Market Snapshot & Growth Engine (units)
16.3 Market overview
16.4 New building
16.5 Exchange

17 Operation
17.1 Market Snapshot & Growth Engine (Sales)
17.2 Market Snapshot & Growth Engine (units)
17.3 Market overview
17.4 manual
17.5 Automatically

Mentioned companies

Prominent providers

The story goes on

Other prominent providers

  • Crystal window & door system

  • Masco Corporation

  • Optimal window

  • All Seasons window and door systems

  • Extech

  • Bear wood window

  • Protective Structures Ltd.

  • St. Cloud window

  • Fyre-Tec

  • Port all glass and mirrors

  • ASSA ABLOY

  • Dormakaba

  • Velux

  • Alside

  • Harvey construction products

  • MI windows and doors

  • Wood grain

  • Champion Windows

  • KP Construction Products (Farley)

  • Hurd Windows & Doors

  • Kohltech

  • ProVia

  • Quaker Windows Products

  • Simpson door

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