What is Global Exterior Doors Market?
The Global Exterior Doors Market is a vast and dynamic sector that encompasses a wide range of door types designed for the external parts of buildings and homes. This market is essential because exterior doors not only provide security and privacy but also contribute to the aesthetic appeal and energy efficiency of a property. In 2023, the market's value was estimated at US$ 69,940 million, showcasing the significant investment and interest in this area. With a projected Compound Annual Growth Rate (CAGR) of 6.1%, it is expected to grow substantially, reaching US$ 108,990 million by 2030. This growth is driven by various factors, including advancements in materials and technology, changing consumer preferences, and increasing construction activities worldwide. As exterior doors are the first point of contact with a building, they play a crucial role in creating a good first impression, making their design, quality, and functionality paramount for homeowners and builders alike. The market's expansion is a testament to the evolving needs and preferences of consumers, who are increasingly looking for doors that offer enhanced security, durability, and aesthetic appeal, alongside environmental sustainability.
Panel Doors, Bypass Doors, Bifold Doors, Pocket Doors, Others in the Global Exterior Doors Market:
In the realm of the Global Exterior Doors Market, various types of doors cater to different aesthetic preferences, functionalities, and space requirements. Panel doors, known for their classic appearance, consist of a frame and panel construction, making them a popular choice for traditional and contemporary homes alike. They are versatile, available in a variety of materials including wood, fiberglass, and metal, and can be customized with different finishes and glass inserts. Bypass doors, which slide past each other and are commonly used for closets and storage areas, offer a practical solution for spaces where a swinging door might be impractical. Bifold doors, consisting of panels that fold against each other, are ideal for connecting indoor spaces to outdoor areas, such as patios or gardens, allowing for a seamless transition and maximizing space. Pocket doors, sliding into a compartment in the wall, are perfect for areas where space is at a premium, offering a sleek and efficient design solution. Other types of exterior doors include French doors, which offer an elegant and classic look, and security doors, which are designed to provide enhanced protection against intruders. Each type of door serves a specific purpose and offers different benefits, making the Global Exterior Doors Market diverse and adaptable to various architectural styles and consumer needs.
Residential, Non-residential in the Global Exterior Doors Market:
The Global Exterior Doors Market finds its applications broadly divided into two main categories: residential and non-residential. In residential settings, exterior doors play a pivotal role in defining the aesthetic appeal, security, and energy efficiency of homes. They are selected based on design preferences, durability, and the specific needs of a household, such as enhanced security or improved insulation. The choice of exterior doors in residential buildings often reflects the architectural style of the home, with options ranging from classic wooden panel doors to modern glass and metal designs. On the other hand, in non-residential settings, which include commercial buildings, offices, and public spaces, the functionality and durability of exterior doors are of paramount importance. These doors need to withstand high traffic and provide security while also contributing to the building's overall energy efficiency. The selection in non-residential spaces often leans towards materials and designs that offer longevity, low maintenance, and compliance with safety regulations. The usage of exterior doors in both residential and non-residential areas underscores their importance in creating secure, efficient, and aesthetically pleasing environments. As the Global Exterior Doors Market continues to evolve, the demand for innovative, sustainable, and customizable door solutions is expected to rise, reflecting the diverse needs of these two distinct sectors.
Global Exterior Doors Market Outlook:
The market outlook for the Global Exterior Doors Market presents a promising future, with its valuation at US$ 69,940 million in 2023 and an anticipated growth to US$ 108,990 million by 2030. This represents a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period from 2024 to 2030. Such growth is indicative of the increasing demand and evolving preferences for exterior doors across the globe. The market's expansion can be attributed to several factors, including the continuous development of new materials and technologies, the growing emphasis on energy-efficient and environmentally friendly building practices, and the rising construction activities in both residential and commercial sectors. This upward trend highlights the market's potential for innovation and adaptation, catering to the ever-changing needs of consumers who prioritize security, aesthetics, and sustainability in their choice of exterior doors. The projected growth underscores the importance of the exterior doors market in the broader construction and home improvement industries, signaling robust opportunities for manufacturers, designers, and retailers in the years to come.
| Report Metric | Details |
| Report Name | Exterior Doors Market |
| Accounted market size in 2023 | US$ 69940 million |
| Forecasted market size in 2030 | US$ 108990 million |
| CAGR | 6.1% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | ASSA ABLOY, JELD-WEN Holding, Marvin Doors & Windows, Pella, Masonite, VKR, Atrium, Bayer Built, ETO Doors, JS Doors Manufacturer PTE |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
