The window and door frame market is set to expand significantly, rising from $115.53 billion in 2023 to $124.91 billion in 2024, showcasing a robust compound annual growth rate (CAGR) of 8.1%. This growth is driven by a construction boom, urbanization, increased renovation activities, and a rising demand for energy efficiency. Projections indicate the market will reach $164.91 billion by 2028, with a CAGR of 7.2%, fueled by sustainable building practices and smart home technology integration.
Major Driver In The Window and Door Frame Market
The window and door frame market anticipates substantial growth driven by the burgeoning number of new construction projects worldwide. Construction activities encompass a range of endeavors involved in assembling diverse elements to construct structures based on detailed designs and plans. Window and door frames serve as essential components in construction, providing structural integrity and aesthetic appeal to buildings. According to the Ministry of Statistics and Programme Implementation, the construction sector experienced a growth rate of 10.7% in January 2022 compared to 8.6% in 2021 in India. Furthermore, according to the U.S. Census Bureau, the US witnessed 1,696,000 residential house permits issued per month, 1,549,000 residential construction starts per month, and 1,465,000 residential houses completing construction in 2022. Consequently, the rising number of new construction projects drives the growth of the window and door frame market.
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Window and Door Frame Market Competitive Landscape
JELD-WEN Inc., Associated Materials LLC, Masonite International Corporation, Andersen Corporation, Spectus Window Systems Ltd., Pella Corporation, Ply Gem Holdings Inc., Schuco International KG, Saudi Aluminium Industries Company, PGT Innovations Inc., Deceuninck NV, MI Windows and Doors Inc., Reynaers Aluminium Ltd., Atis Group Inc., Milgard Manufacturing Inc., Eurocell Group Ltd., Weather Shield Mfg. Inc., Simonton Windows Inc., YKK AP America Inc., Anglian Windows Limited, Marvin Lumber & Cedar Company, Renson Ventilation Company, Atrium Corporation, Chelsea Building Products Inc., Nawa Engineering & Windows International LLC, TAMCO Gulf Factory Ltd., B.G. Legno SRL, Weru GmbH, Swartland Windows and Doors, Duroplast Extrusion Private Limited, Drew Industries Incorporated, Crystal Pacific Window & Door Systems Ltd.
Key Window and Door Frame Market Trend
Technological innovations are the key trend gaining popularity in the window and door frame market. Major companies operating in the market are introducing new technological innovations to gain a competitive advantage. For instance, in February 2021, APL Apollo, an Indian-based company that manufactures steel products, launched Apollo Chaukhat. These door frames are manufactured based on direct forming technology, which offers the unique benefit of being fire-resistant and termite-proof. These frames are easy to install and can also be installed post-construction. The frames further offer the benefit of being eco-friendly and a cost-effective option.
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Window and Door Frame Market Segmentation
The window and door frame market covered in this report is segmented –
1) By Product Type: Door Frame, Window Frame
2) By Material: UPVC, Wood, Metal, Other Materials
3) By Distribution Channel: Specialized Stores, Distributor, Online, Other Distribution Channels
4) By Application: Residential, Commercial
By Geography:The regions covered in the window and door frame market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Asia-Pacific was the largest region in the window and door frame market in 2023.
The Window and Door Frame Global Market Report 2024 furnishes information about the global window and door frame market, encompassing details like market size, projections for growth, segmentation across various sectors and regions, and an overview of competitors, including their revenues, profiles, and market shares. Furthermore, the report pinpoints potential opportunities and strategic directions derived from market trends and the strategies adopted by key competitors. The report also offers an assessment of how the COVID-19 pandemic, the Russia-Ukraine conflict, and increasing inflation have affected both global and regional markets, furnishing valuable strategic insights for businesses.
