The global fiberglass doors market size was valued at $12,250.3 million in 2021 and is projected to reach $30,191.8 million by 2031, registering a CAGR of 9.3% from 2022 to 2031.
A flexible door is made from two large molded sides that are filled in the center with a polyurethane foam core that insulates the door against extreme temperatures. It provides various features such as long durability, energy efficiency, enhanced aesthetic appeal, and superior insulation.
Rise in demand for fiberglass doors is driven primarily by surge in trend of residential buildings, increase in adoption of fiberglass doors in non-residential buildings, and the development of energy-efficient doors is expected to boost the demand for the market. In addition, increase in industrialization and urbanization in economies, including India and Africa, are expected to respond to the development of the fiberglass doors market. In addition, increased consumer spending on home renovations and improvement activities and improved new construction activities are expected to provide market participants with profitable growth opportunities.
The market is segmented on the basis of product type, design, end user, and region. By product type, the market is divided into interior and exterior. On the basis of design, the market is segmented into solid doors and doors with glass. By end user, the market is divided into residential and non-residential. By region, the global market analysis is conducted across North America, Europe, Asia-Pacific, and LAMEA.
A flexible door is made from two large molded sides that are filled in the center with a polyurethane foam core that insulates the door against extreme temperatures. It provides various features such as long durability, energy efficiency, enhanced aesthetic appeal, and superior insulation.
Rise in demand for fiberglass doors is driven primarily by surge in trend of residential buildings, increase in adoption of fiberglass doors in non-residential buildings, and the development of energy-efficient doors is expected to boost the demand for the market. In addition, increase in industrialization and urbanization in economies, including India and Africa, are expected to respond to the development of the fiberglass doors market. In addition, increased consumer spending on home renovations and improvement activities and improved new construction activities are expected to provide market participants with profitable growth opportunities.
The market is segmented on the basis of product type, design, end user, and region. By product type, the market is divided into interior and exterior. On the basis of design, the market is segmented into solid doors and doors with glass. By end user, the market is divided into residential and non-residential. By region, the global market analysis is conducted across North America, Europe, Asia-Pacific, and LAMEA.
COMPETITION ANALYSIS
The key players that operate in the fiberglass doors market are Assa Abloy AB, Bayer Built Inc., ETO DOORS, Fibertec, GlassCraft, JELD-WEN, Kohltech, Masonite, Master Grain, Milgard Manufacturing, LLC, Pella, PLASTPRO, Stanley Black & Decker, Inc., Steves & Sons, Taylor Entrance Systems, Therma-Tru Doors, Trinity Glass International, Inc.KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging market trends and dynamics.
- In-depth market analysis is conducted by constructing market estimations for key market segments between 2022 and 2031.
- Extensive analysis of the fiberglass doors market is conducted by following key product positioning and monitoring of top competitors within the market framework.
- A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
- The fiberglass doors market forecast analysis from 2022 to 2031 is included in the report.
- The key players with in fiberglass doors market are profiled in this report and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the fiberglass doors market.
Key Market Segments
By Product type
- Interior
- Sales channel
- Online
- Offline
- Exterior
- Sales channel
- Online
- Offline
By Design
- Solid doors
- Doors with Glass
By End user
- Residential
- Non-residential
By Region
- North America
- U.S
- Canada
- Mexico
- Europe
- UK
- Germany
- Italy
- France
- Ireland
- Poland
- Spain
- Belgium
- Portugal
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Assa Abloy AB
- Bayer Built Inc.
- ETO DOORS
- Jeld-Wen Holding, Inc
- Kohltech
- Masonite
- Master Grain
- Milgard Manufacturing LLC
- Pella Corporation
- PLASTPRO
- Stanley Black & Decker Inc.
- Steves & Sons
- Taylor Entrance Systems
- Therma-Tru Doors
- Trinity Glass International Inc.
- Fibertec
- Glass Craft
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: FIBERGLASS DOORS MARKET, BY PRODUCT TYPE
CHAPTER 5: FIBERGLASS DOORS MARKET, BY DESIGN
CHAPTER 6: FIBERGLASS DOORS MARKET, BY END USER
CHAPTER 7: FIBERGLASS DOORS MARKET, BY REGION
CHAPTER 8: COMPANY LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report, titled, “Fiberglass Doors Market," the fiberglass doors market size was valued at $12.3 billion in 2021, and is estimated to reach $30.2 billion by 2031, growing at a CAGR of 9.3% from 2022 to 2031.A fiberglass door is made up of compression molded fiberglass. The high density of this strong material gives the door its long durability without losing the required flexibility and appearance. Fiberglass doors are a strong alternative to wood doors. It has three major components, such as the frame, core, and skin. The frame is usually made of wood or a high-strength composite material. The core is filled with a polyurethane insulating foam for both insulation and soundproofing.
The demand for doors is largely driven by the increase in multifamily housing trends; rise in adoption of fiberglass doors in commercial sector; and development of energy-efficient doors. Fiberglass doors are found in hotels and restaurants. These doors can rarely be scratched, peeled, or warped, and offer more cold weather advantages owing to their insulation properties. The adoption of these doors is relatively moderate as compared to fiberboard and solid wood doors. However, this material is widely utilized as it is least affected by harsh environments as compared to other materials. Moreover, escalation in industrialization and urbanization in economies, which include India and Africa, is expected to cater to the development of the doors market. Further, a surge in consumer expenditure on home renovation and enhancement activities and improvements in new construction activities are expected to provide remunerative growth opportunities for the market players.
Major players have adopted product launches, partnerships, and acquisitions as key strategies to sustain the competition and improve the product portfolio. For instance, in January 2022, Therma-Tru, partnered with LARSON to introduce the impression integrated storm & entry door system, and it is designed to outperform expectations. The system features premium quality and seamless style. Such factors is anticipated to boost the fiberglass doors market growth.
As a result, Asia-Pacific accounted for the highest share of the global fiberglass doors market share in terms of revenue in 2021. This isowing to increased investment in tourism by private as well as public sector has also led to the increased construction activities, thereby; creating a demand and boost the fiberglass doors market opportunities.
However, during the COVID-19 pandemic, various manufacturers in the fiberglass doors market had to stop their business in countries such as China, the U.S., and India. This break directly impacted the sales of fiberglass doors companies. In addition, lack of manpower and raw materials constrained the supply for raw materials of fiberglass doors, which negatively influenced the growth of the market. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to the re-opening of fiberglass doors companies.
Key Findings of the Study
- The report provides an extensive analysis of the current and emerging global fiberglass doors market trends and dynamics.
- Depending on product type, the exterior segment has dominated the fiberglass doors market in terms of revenue in 2021, while the interior is projected to grow at a significant CAGR during the forecast period.
- By end user, the non-residential segment is expected to register the highest revenue in 2021.
- Asia-Pacific is projected to register the highest growth rate in the coming years.
- The key players within the global fiberglass doors market are profiled in this report, and their strategies are analyzed thoroughly, which helps understand competitive outlook of the fiberglass doors industry.
- The fiberglass doors market forecast analysis from 2022 to 2031 is included in the report.
- In-depth global fiberglass doors market analysis is conducted by constructing estimations for the key segments between 2022 and 2031.
Companies Mentioned
- Assa Abloy Ab
- Bayer Built Inc.
- Eto Doors
- Jeld-Wen Holding, Inc
- Kohltech
- Masonite
- Master Grain
- Milgard Manufacturing LLC
- Pella Corporation
- Plastpro
- Stanley Black & Decker Inc.
- Steves & Sons
- Taylor Entrance Systems
- Therma-Tru Doors
- Trinity Glass International Inc.
- Fibertec
- Glass Craft
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 217 |
| Published | August 2022 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 12250.3 million |
| Forecasted Market Value ( USD | $ 30191.8 million |
| Compound Annual Growth Rate | 9.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 17 |
