The demand for doors is largely driven by the increase in multifamily housing trends, rise in adoption of automated doors in commercial sector
PORTLAND, OR, UNITED STATES, August 11, 2021 /EINPresswire.com/ — The global doors market is anticipated to grow owing to the growth of multifamily housing trends. In addition, an upsurge in consumer expenditure on home improvement & renovation activities and development in new construction activities are anticipated to offer remunerative opportunities for the door market development.
The global doors market size was $120.8 billion in 2018, and is projected to reach $182.1 billion in 2026, growing at a CAGR of 5.1%.
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Moreover, advancements by industry players, increase in residential & commercial construction activities, and upsurge in home renovation &remodeling expenditures propel the global doors market growth. In addition, rise in urbanization and industrialization in countries such as Africa, India, and others, is anticipated to provide remunerative opportunities for the market. Nevertheless, fluctuations in raw material prices are expected to hamper the growth of the doors market.
Top 10 Leading Players
agta record ltd.
American Automatic Doors, Inc
ASSA ABLOY Group
dormakaba Holding AG
Gilgen Door Systems AG
Godrej Security Solutions
GRAUTHOFF Türgruppe GmbH
Griffon Corporation Inc
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Key Market Segments
Moisture Resistant &Wet Room
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