Amongst all the window and door manufacturers in China, WarrenWindow & Doors are one of the major players that cater to the growing demand for doors and windows in the country. With their focus on product innovation and customer service, they offer a wide range of products that suit all kinds of building designs and constructions. These products include doors, windows, storm doors, patio doors, bifold doors, sliding doors, and more. Their products are a combination of both classic and contemporary designs that provide an elegant yet functional look.
Plastic door and window segment will witness highest growth
Increasing population, urbanization, and economic development are driving the global construction industry. This is likely to drive the demand for window and door products. The global construction industry is expected to reach $8 trillion by 2030. This will drive demand for commodity requirements, new construction, and renovation of existing construction. The industry will also benefit from increased commercialization. It is expected that the global window and door frame market will grow at a 5.7% CAGR from 2022 to 2028.
Increased construction activities will drive the market, particularly in the residential and nonresidential sectors. The residential construction sector will be driven by the rising number of people and the rapid urbanization. It is estimated that residential construction expenditure will increase every year until 2030. Similarly, commercial construction is also expected to expand. The industry will also benefit from government programs and initiatives.
The Asia-Pacific window and door frame market will be driven by a growing residential and commercial construction sector. It is estimated that the industry will reach a volume of nearly 22 million tons by 2028. These products are widely used for commercial and residential projects. Several manufacturers are tapping this market with the introduction of new products and acquisition strategies. They include JELD-WEN, Inc., Fenesta Building Systems, Anderson Corporation, ATIS Group, and Pella Corporation.
Wood doors manufactured from new materials are also gaining popularity. These products offer high durability, low maintenance costs, and the aesthetics of wood. These products are also highly energy efficient, and governments in countries such as the U.S. and Canada are regulating the use of energy-efficient doors. This will help the industry increase its market share.
Metal window products are expected to remain dominant in the window and door market. This segment is expected to generate a total of USD 50 billion by 2028. The demand for these products will be driven by the growing commercial building construction and office building construction sectors. Metal windows are also expected to benefit from a rise in industrial building construction.
The overall window and door frame market is expected to be highly competitive. However, its growth will be hampered by changes in the price of raw materials. It is also expected to be negatively affected by an inclination toward waste generation. Increasing R&D expenses for new residential construction are expected to be another major constraint. The industry is also expected to be impacted by an increase in residential and commercial renovation. However, increasing awareness about energy-efficient windows is expected to boost the market’s overall growth.
The window and door market is segmented by product, region, and mechanism. The Asia-Pacific window and door frame market is expected to witness a 6.5% CAGR from 2022 to 2028.
Nonresidential market accounted for 54 percent of window and door demand in 2012
During 2012, the nonresidential window and door market accounted for 54 percent of total demand. The market was driven by strong new residential construction activity. In addition, renovations and replacement of existing buildings will also support demand. These growth factors will create new opportunities for the industry.
Traditional wooden windows and doors are expected to lose market share over the next 10 years, primarily in tier 2 and 3 cities. Wood is still a popular choice for high-end residential applications, but wood windows are scarce, expensive, and have maintenance issues.
New construction and remodeling will drive sales and growth in the residential window and door market. In addition, increased spending on premium products will help to fuel the industry’s growth. A growing emphasis on energy efficiency will also support demand. The industry’s overall growth will be boosted by increasing expenditure on construction activities in emerging economies.
The market is still highly fragmented and has witnessed significant acquisition activity in recent years. Several leading door and window manufacturers have acquired complementary businesses and have invested in product development. These manufacturers maintain extensive sales and manufacturing operations. The industry’s growth will be fueled by the accelerated construction of new housing and industrialization in emerging markets.
The industry’s overall sales growth will be fueled by strong new residential construction activity, more stringent building codes, and increased spending on premium windows and doors. In addition, the industry will benefit from ongoing strength in new home construction in the U.S. and robust construction activity in China. Increasing demand in the industrial segment is also expected to drive demand for doors and windows.
The nonresidential window and door market is expected to experience significant gains through 2021. Global demand is expected to increase 4.5 percent per year from 2017 to 2021. The market is expected to grow to $214 billion by 2021. During this period, demand will be driven by increases in income levels, new housing construction, and industrialization in developing markets.
Nonresidential building final costs have averaged over 4% per year for the past five years. In addition, input indices that do not include whole building costs have averaged 12% inflation for the past five years. These input indices will see significant inflation into 2022. This trend may continue into 2021 due to high materials prices.
Wood, metal, and other materials will continue to be the dominant materials used for windows and doors. The market is expected to remain highly competitive. However, plastic windows will see the fastest growth, driven by competitive costs and superior insulation performance. In addition, aluminum will become increasingly popular in Asia Pacific. Its recyclable nature will also contribute to the industry’s growth.
While the nonresidential window and door market will see significant gains through 2021, sales and demand will remain highly dependent on new construction in the residential sector. In addition, a recession could lead to deflation, which could weaken overall industry growth.
Amongst the many regions of China, the Central-East is where it’s at. This is where the market is set to shine, owing to a robust construction industry. The region’s largest door market is bolstered by the triumvirate of rapid industrialization, population growth and the country’s enviable location. The country’s overall construction industry grew at a respectable 2.8% in 2021. This will undoubtedly provide the window and door industry with lucrative opportunities in the coming years.
The country’s regional markets boast different levels of economic development, population density and climate. Its Central-East region, in particular, accounts for nearly half of the country’s total door and window based demand in 2017. Having a region with such disparate demographics and economic conditions is a boon for the industry. A recent study by Freedonia estimates that the region will see a nominal increase in sales of windows and doors in 2017. These are not a bad thing, as a nation with the aforementioned attributes will undoubtedly appreciate the novelty of a bespoke and aesthetically pleasing product.
In addition, the region is home to the nation’s biggest window and door manufacturer, Milgard. The company manufactures an impressive array of energy efficient windows and doors, which are in demand as a result of the region’s increasing population and rapid economic growth. In March of 2020, the company announced the acquisition of SmarTap A.Y. Ltd., a savvy move that will certainly make it a more attractive competitor to the industry incumbent.