Global Window and Door Market Insights

2016-11-17

Window and door market size is expected to exceed USD 250 billion by 2023 growing at a CAGR of over 6% from 2016 to 2023, according to the latest report from Global Market Insights. The rise in the demand can be attributed to increasing construction work as the global economy rebounds. Furthermore, increasing residential improvement activities along with growing repair demands is estimated to drive growth.


Asia Pacific window and door market is anticipated to be the fastest growing region and is likely to grow at a CAGR of over 7% from 2016 to 2023. The spur in the region can be subjected to rising income level among the developing nations such as China and India. As of 2014, China was the largest market for fenestration products and accounted for around 36% and is likely to reach 39% by 2023. The growth in the region is due to rapid industrialization and constant economic growth.

North America window and door market hold the largest share and expected to continue its dominance over the forecast period. It is anticipated to reach over USD 32 billion by 2023 owing to flourishing housing construction activities in the region. Large number of energy cost conscious home owners took benefit of tax credits offered by the government from 2009 to 2011 and thus replaced older doors and windows with more energy efficient ones.

Africa and Middle East window and door market are anticipated to witness considerable growth for windows and doors due to increasing advanced building practices and growing usage of modern fenestration products.

As a pioneer of window, door and facade sourcing platforms in China, The 23rd Windoor Expo China 2017 will take place March 11th to March 13th at Guangzhou Poly World Trade Center, showcasing a wide range of latest technologies and products in aluminum profiles, building glass, equipment, facade systems, hardware, structure sealant, sun shading and window systems from across Asia and the world.


This must-attend trade fair will bring together architects, building designers, developers, fabricators and facade consultants from the globe to source local and international newest products, to meet 560+ key industry players and be inspired.

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