Windows Market Worth $52 Billion by 2029
Meticulous
Research®—a leading global market
research company, published a research report titled, ‘Windows Market by Material (Wood,
Wood-Clad, Metal, Plastic, Fiberglass), Frame Type (Slider, Casement, Awning,
Hopper, Fixed, Single-Hung, Double-Hung, Glass Block), and Geography—Global Forecasts
to 2029.’
According to this latest publication from
Meticulous Research®, the windows
market is projected to reach $52 billion by 2029, at a CAGR of 9% during the
forecast period of 2022–2029. Based on volume, the global windows market is
projected to reach 307.8 million units by 2029, at a CAGR of 9.7% during the
forecast period. The
growth of this market is attributed to the rapid growth of the construction
industry, consumers’ increasing inclination toward smart homes, and the growing
demand for single-hung windows. In addition, growing urbanization in emerging
economies and the increasing demand for windows in the renovation industry are
expected to offer significant opportunities for the growth of this market.
However, fluctuating raw material prices are a challenge for market growth.
Additionally, customers’ growing preference for larger windows is a major trend
in the global windows market.
The windows market is segmented by material and
frame type. The study also evaluates industry competitors and analyzes the
market at the regional and country levels.
Download Free PDF Sample Copy of the Report: https://www.meticulousresearch.com/download-sample-report/cp_id=5391
Based
on material, the windows market
is broadly segmented into wood, wood-clad, metal, plastic, and fiberglass. In
terms of value, in 2022, the plastic segment is expected to account for the
largest share of the global windows market. The growth of this segment is
attributed to the growing construction industry and rising demand for automated
ventilation, heat regulation and burglary protection in homes. However, the
fiberglass segment is projected to register the highest CAGR during the
forecast period due to the growing adoption of green buildings as they reduce
the carbon footprints of buildings.
Based on
frame type, the windows market
is segmented into slider windows, casement windows, awning windows, hopper
windows, fixed windows, single-hung windows, double-hung windows, and glass
block windows. In 2022, the single-hung windows segment is expected to account
for the largest share of the global windows market. The large market share of
this segment is mainly attributed to the increasing demand for hung windows and
the growing construction industry. However, the awning windows segment is
projected to register the highest CAGR during the forecast period due to its
better ventilation, affordability, and energy efficiency features.
To gain more insights into the market with a detailed table of content
and figures, click here:
https://www.meticulousresearch.com/product/windows-market-5391
Based
on geography, the windows market
is segmented into North America, Europe, Asia-Pacific, Latin America, and the
Middle East & Africa. In 2022, Asia-Pacific is expected to account for the
largest share of the global windows market, followed by Europe and North
America. The region is also expected to witness rapid growth during the
forecast period. The large market share of Asia-Pacific is mainly attributed to
the rising building construction activities in South Korea and Indonesia, the
presence of prominent players, and increasing demand for a safe and secure
living environment.
Key
Players:
The key players operating in the windows market
are JELD-WEN Holdings, Inc. (U.S.), Andersen Corporation (U.S.), Atrium
Corporation (U.S.), LIXIL Corporation (Japan), Marvin Lumber and Cedar Co
(U.S.), MI Windows & Doors, LLC (U.S.), Masco Corporation (U.S.), Pella
Corporation (U.S.), Weru GmbH (Germany), BG Legno Srl (Italy), SGM Window
Manufacturing Limited (U.K.), Vinylguard Window & Door Systems Ltd.
(Canada), Deceuninck NV (Belgium), Neuffer Window + Door GmbH (Germany), and
Duo-Corp. (U.S.).
You can Buy Report from Here: https://www.meticulousresearch.com/Checkout/13494351
Key
questions answered in the report:
· Which are the high-growth market segments based on material, frame
type, and geography?
· What was the historical market for windows?
· What are the market forecasts and estimates for the period
2022–2029?
· What are the major drivers, restraints, and opportunities in the
windows market?
· Who are the major players, and what shares do they hold in the
windows market?
· How is the competitive landscape in the windows market?
· What are the recent developments in the windows market?
· What are the different strategies adopted by the major players in
the windows market?
· What are the key geographic trends, and which are the high-growth
countries?
· Who are the local emerging players in the global windows market,
and how do they compete with the other players?
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