North America Doors and Windows Market Size to Reach Revenues of over USD 67 Billion by 2026 - Arizton

North America Doors and Windows Market Size to Reach Revenues of over USD 67 Billion by 2026 - Arizton

PR Newswire

CHICAGO, Feb. 9, 2021

CHICAGO, Feb. 9, 2021 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this North America doors and windows market report.

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The North America doors and windows market is expected to grow at a CAGR of approximately 4% during the period 2020−2026.

Key Highlights Offered in the Report:  

  1. Doors and windows market in North America would realize an absolute growth of over 26% with incremental revenue growth of around USD 14 billion between 2020 to 2026.
  2. Rising demand for home renovation activities is driving the market for replacement doors and windows which is expected to grow at a CAGR of over 4% in terms of revenue with incremental growth of approximately USD 9 billion during forecast period.
  3. Rise is new home construction and home renovation in the US is rising the demand for residential doors and windows with high growth of over 4% and incremental growth of around USD 12 billion.
  4. Registering a high growth CAGR of approximately 5% in terms of unit shipment between 2020-2026, the global market for glass doors and windows is expected to reach over 3 million units by 2026.
  5. Growing demand for energy efficiency building owing to rise in environmental concern among people across the region is driving the market for plastic doors and windows growing at a CAGR of over 4% in terms of revenue during forecast period.
  6. The US contributes majority share in doors and windows market in North America with around 91% in 2020 and is likely to grow at a CAGR of approximately 4% during forecast period in terms of revenue.

Key Offerings:

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North America Doors and Windows Market – Segmentation

North America Doors and Windows Market by Product

North America Doors and Windows Market by Type

North America Doors and Windows Market by Material

North America Doors and Windows Market by End-User

North America Doors and Windows Market by Installation

North America Doors and Windows Market by Operation

North America Doors and Windows Market – Dynamics

The single-family homes include horizontal apartments, single story detached apartment style units, small lot single-family homes, and duplexes and row homes. The number of units being produced has increased over a period; also, the COVID-19 recession is pushing more units to construct at a faster pace. With the relaxation of COVID-19-related regulations, the construction of single-family homes has risen and thus projects a strong market opportunity in the coming decade. The increased spending on single-family homes and renovation activities is expected to drive sales of doors and windows during the forecast period. The homeowners are likely to opt for products that have high performance and aesthetics; it has been observed that they increasingly specify doors and windows with energy efficiency and improved values, high durability, and with custom appearances.

Key Drivers and Trends fueling Market Growth:

North America Doors and Windows Market – Geography

A large share in doors and windows market in the US is contributed by home renovation. The new residential construction in the US has become stagnant; however, the market for home renovation and reconstruction are witnessing high traction. In addition, the demand for home improvement has risen after the COVID-19 outbreak as most of the people were locked in their houses and now want new changes in their houses. In addition, gyms, restaurants, and leisure spaces closure has encouraged people to renovate their houses, which increased the spending and investments for fenestration products, color change, landscaping, and renovating gardens and pools.

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North America Doors and Windows Market by Geography

Major Vendors

Other Prominent Vendors

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About Arizton:

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

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