From the extravagant doors of the US Capitol building to the front door guarding a home, a door's ability to temporarily separate spaces is essential to modern security and privacy. But installing doors can be tricky, often taken on by professionals focusing on doors, instead of general contractors. Door specialists purchase materials, frame doors, embed latches and set up garage doors during a building's construction; experts are also called on to service automatic doors, repair garage doors, and garage springs. Since 2018, door installation has been rocked by COVID-19, interest rate hikes, and growth in lumber prices, gouging revenue at a CAGR of 1.4% to $8.3 billion from 2018 to 2023, led by a severe contraction of 6.6% in 2023, where profit fell to 5.2%.Open door: As demand from nonresidential construction recovers following the pandemic, the industry will benefit
Operators in this industry install or service doors, including external, internal, garage, sliding and automatic doors.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
About This Industry
Industry Performance
Products & Markets
Competitive Landscape
Operating Conditions
Key Statistics
Methodology
LOADING...