Global Aluminum Door and Window Market is valued approximately at USD 65.3 Billion in 2019 and is anticipated to grow with a CAGR of approximately 5.1% over the forecast period 2020-2027. Aluminum Door and Window have gained popularity over the years as they are highly durable, require little framework, are easy to clean and ensure high level of security. As per Livingwood Windows Ltd, a UK based company in 2017, aluminum windows and doors can last up to 30 years due to high resistance from the outside elements which decay the metal as compared to other frames. Due to easy cleaning and easier maintenance of the Aluminum doors and windows, it is chosen by many household, commercial buildings and hotels. Since these windows and doors are available in several colors and textures, they are sustainable to modern design choices which accelerates the growth of the market. Aluminum window and door frames are thermal efficient and can attain and lose heat easily up to 60% as per Livingwood Windows Ltd. In 2017, when the aluminum material used in the manufacturing of doors and windows is integrated with thermal break technology, it enhances acceptance of these windows due to high thermal efficiency and durability. Further, rise in industrialization and rapid urbanization in both developed and developing economies have boosted the growth of the market. For Instance: In 2018, as per United Nations 55% of the world's population reside in urban areas which is estimated to increase up to approximately 68% by 2050. Moreover, rise of investments in infrastructural developments and trend for renovation of the old buildings have created opportunities for aluminum door and window market. For Instance: As per UN Sustainable Development Goals in 2017, from 2016-2030, investment of 3.8% of global GDP in infrastructure development would content the growth rates. However, overall costs of installation and material is higher than nominal window frames which may hinder the growth of Global Aluminum Door and Window Market over the forecast period of 2020-2027.
The regional analysis of global Aluminum Door and Window market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading/significant region across the world due to rise in the acceptability
of aluminum doors and windows. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rise in industrialization and rapid urbanization leading to rise in the construction sector in emerging economies such and Japan, India and China would create lucrative growth prospects for the Aluminum Door and Window market across Asia-Pacific region.
Major market player included in this report are:
YKK AP Inc. (US)
Ply Gem Holdings Inc. (US)
PGT Innovations (US)
Apogee Enterprises, Inc. (US)
Fletcher Building Limited (New Zealand)
Andersen Corporation (US)
Bradnam's Windows & Doors (Australia)
Olsen Doors and Windows Limited (UK)
Fenesta Building Systems (India)
Geeta Aluminium Co. Pvt. Ltd. (India)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Aluminum Door
Exterior Door
Patio Door
Aluminum Window
Sliding Window
Bi-Fold Window
Others
By Application:
Residential
Commercial
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2017, 2018
Base year - 2019
Forecast period - 2020 to 2027
Target Audience of the Global Aluminum Door and Window Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors