The windows and doors market is set to grow substantially by 2027 owing to increasing expenditure towards construction activities across key regions.

After the COVID-19 outbreak, governments across the globe imposed stringent lockdown restrictions to curb the spread of the novel coronavirus. As a result, people were forced to stay indoors, which pushed them to upgrade their personal living spaces either by undertaking renovation projects or purchasing new residential properties. Thus, surging investment by consumers has created robust demand for the windows and doors market across the globe.

Furthermore, there has been an upsurge in demand for construction and renovation activities focused towards making structural changes to incorporate revised post-pandemic hygiene standards in office spaces. Subsequently, favorable development in the construction industry has propelled windows and doors market adoption in the commercial spectrum.

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Additionally, to profit from rising market trends, prominent industry players have been employing advantageous strategies like partnerships, acquisitions, and product launches, which has been favorable for business expansion. For instance, in June 2021, Jeld-Wen, the Canadian subsidiary of Jeld-Wen Holding, Inc., announced a major investment towards the expansion and upgradation of its manufacturing facility in Quebec. The investment was intended to be used for purchasing new automated manufacturing equipment as well as expanding the company’s territory in Saint-Henri, allowing it to significantly enhance production capacity.

The announcement followed the March 2021 launch of Jeld-Wen’s new product line of doors dubbed ProCore™ Doors. The novel product range was targeted towards the work-from-home population to help reduce the disruption caused by loud noises at home as these doors are designed to lower noise by up to 50%.

To cite another instance, in February 2021, Andersen Corporation, a manufacturer of windows and doors based out of Minnesota, declared that it would continue its partnership with American Institute of Architects (AIA) to collectively work towards creating and innovating sophisticated designs and product line. Thus, escalating focus of leading enterprises on product development is fostering business growth across the globe.

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For in-depth analysis, the windows and doors market has been bifurcated based on material, application, and region. With respect to material, the market has further been divided into uPVC, wood, metals, and others.

The wood sub-segment is expected to witness significant growth at a CAGR of approximately 6.5% over the projected timeline. Mounting availability of wooden windows and doors in various sizes depending on customization choices is likely to fuel segmental expansion through 2027. In addition, changes in appearance of products to cater to the shifting customer preferences is slated to facilitate product adoption in the forthcoming years.

From the regional perspective, the Middle East and Africa windows and doors market is anticipated to exhibit notable growth at a CAGR of around 4.7% through the forecast period. Growing industrialization and urbanization are boosting construction activities in the region, which is anticipated to augment product uptake in the MEA region in the future.