This report describes and explains the window frames for construction market and covers 2017-2022, termed the historic period, and 2022-2027 termed the forecast period, along with further forecasts for the period 2027-2032. The report evaluates the market across each region and for the major economies within each region.
The global window frames for construction market reached a value of nearly $18,823.1 million in 2022, having increased at a compound annual growth rate (CAGR) of 3.4 % since 2017. The market is expected to grow from $18,823.1 million in 2022 to $26,817.4 million in 2027 at a rate of 7.3%. The market is then expected to grow at a CAGR of 7.0% from 2027 and reach $37,651.0 million in 2032.
Growth in the historic period resulted from strong economic growth in emerging markets, the increasing construction activities, rapid urbanization and from the increase in renovation activities. Factors that negatively affected growth in the historic period were the impact of COVID-19 and the fluctuating raw material prices.
Going forward, increasing government support and the increase in smart cities will drive the market. Factors that could hinder the growth of the window frames for construction market in the future include the Russia-Ukraine war and the rising interest rates.
The window frames for construction market is segmented by material into uPVC, wood, metal, and other materials. The uPVC market was the largest segment of the window frames for construction market by material, accounting for $9,674.7 million or 51.4 % of the total market in 2022. The uPVC market is expected to be the fastest-growing segment going forward at a CAGR of 8.0 %.
The window frames for construction market is segmented by distribution channel into direct sales, distributors/wholesalers, retailers and other distribution channels. The direct sales market was the largest segment of the window frames for construction market by distribution channel, accounting for $8,496.2 million or 45.1% of the total market in 2022. The distributors/wholesalers market is expected to be the fastest-growing segment going forward at a CAGR of 7.9%.
The window frames for construction market is segmented by application into residential and commercial. The residential market was the largest segment of the window frames for construction market by applications, accounting for $13,422.6 million or 71.3 % of the total market in 2022. The residential market is expected to be the fastest-growing segment going forward at a CAGR of 7.7%.
Asia Pacific was the largest region in the window frames for construction market, accounting for 32.3% of the global market in 2022. It was followed by Western Europe, North America and the other regions. Going forward, the fastest growing regions in the window frames for construction market will be Asia Pacific and the Middle East, where growth will be at CAGRs of 9.1% and 8.2% respectively from 2022-2027.
The global window frames for construction market is fairly fragmented, with a large number of small players in the market. The top ten competitors in the market made up to 11.29% of the total market in 2021. Lixil Group was the largest competitor with 3.05% share of the market, followed by JELD-WEN Inc with 2.24%, The YKK Group with 1.90%, Andersen Corporation with 1.41%, Pella Corp with 1.03%, Schuco International KG with 0.74%, Milgard Manufacturing Inc with 0.48%, Ply Gem Holdings with 0.25%, Eurocell with 0.16%, and Mikasa Doors with 0.03%.
The top opportunities in the window frames for construction market by material will arise in the uPVC market, which will gain $4,550.2 million of global annual sales by 2027. The top opportunities in the window frames for construction market by distribution channel will arise in the direct sales market, which will gain $3,346.1 million of global annual sales by 2027. The top opportunities in the window frames for construction market by application will arise in the residential market, which will gain $5,991.1 million of global annual sales by 2027. The window frames for construction market size will gain the most in China at $1,692.2 million.
Market-trend-based strategies for the window frames for construction market include increasing investments, product innovations, launching newly colored window frames, technology advancements and strategic mergers and acquisitions.
Player-adopted strategies in the window frames for construction industry include strengthening business capabilities through strategic partnerships and collaborations, enhancing operational capabilities through strategic acquisitions, strengthening business capabilities through the launch of new products, and strengthening operational capabilities through business expansions.
To take advantage of the opportunities, the analyst recommends the window frames for construction companies to focus on products innovations, focus on launching window frames in new color options, focus on technological advancements, expand in emerging markets, focus on mergers and acquisitions, continue to focus on developed markets, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions, focus on urban population, and focus on fast-growing applications.
The global window frames for construction market reached a value of nearly $18,823.1 million in 2022, having increased at a compound annual growth rate (CAGR) of 3.4 % since 2017. The market is expected to grow from $18,823.1 million in 2022 to $26,817.4 million in 2027 at a rate of 7.3%. The market is then expected to grow at a CAGR of 7.0% from 2027 and reach $37,651.0 million in 2032.
Growth in the historic period resulted from strong economic growth in emerging markets, the increasing construction activities, rapid urbanization and from the increase in renovation activities. Factors that negatively affected growth in the historic period were the impact of COVID-19 and the fluctuating raw material prices.
Going forward, increasing government support and the increase in smart cities will drive the market. Factors that could hinder the growth of the window frames for construction market in the future include the Russia-Ukraine war and the rising interest rates.
The window frames for construction market is segmented by material into uPVC, wood, metal, and other materials. The uPVC market was the largest segment of the window frames for construction market by material, accounting for $9,674.7 million or 51.4 % of the total market in 2022. The uPVC market is expected to be the fastest-growing segment going forward at a CAGR of 8.0 %.
The window frames for construction market is segmented by distribution channel into direct sales, distributors/wholesalers, retailers and other distribution channels. The direct sales market was the largest segment of the window frames for construction market by distribution channel, accounting for $8,496.2 million or 45.1% of the total market in 2022. The distributors/wholesalers market is expected to be the fastest-growing segment going forward at a CAGR of 7.9%.
The window frames for construction market is segmented by application into residential and commercial. The residential market was the largest segment of the window frames for construction market by applications, accounting for $13,422.6 million or 71.3 % of the total market in 2022. The residential market is expected to be the fastest-growing segment going forward at a CAGR of 7.7%.
Asia Pacific was the largest region in the window frames for construction market, accounting for 32.3% of the global market in 2022. It was followed by Western Europe, North America and the other regions. Going forward, the fastest growing regions in the window frames for construction market will be Asia Pacific and the Middle East, where growth will be at CAGRs of 9.1% and 8.2% respectively from 2022-2027.
The global window frames for construction market is fairly fragmented, with a large number of small players in the market. The top ten competitors in the market made up to 11.29% of the total market in 2021. Lixil Group was the largest competitor with 3.05% share of the market, followed by JELD-WEN Inc with 2.24%, The YKK Group with 1.90%, Andersen Corporation with 1.41%, Pella Corp with 1.03%, Schuco International KG with 0.74%, Milgard Manufacturing Inc with 0.48%, Ply Gem Holdings with 0.25%, Eurocell with 0.16%, and Mikasa Doors with 0.03%.
The top opportunities in the window frames for construction market by material will arise in the uPVC market, which will gain $4,550.2 million of global annual sales by 2027. The top opportunities in the window frames for construction market by distribution channel will arise in the direct sales market, which will gain $3,346.1 million of global annual sales by 2027. The top opportunities in the window frames for construction market by application will arise in the residential market, which will gain $5,991.1 million of global annual sales by 2027. The window frames for construction market size will gain the most in China at $1,692.2 million.
Market-trend-based strategies for the window frames for construction market include increasing investments, product innovations, launching newly colored window frames, technology advancements and strategic mergers and acquisitions.
Player-adopted strategies in the window frames for construction industry include strengthening business capabilities through strategic partnerships and collaborations, enhancing operational capabilities through strategic acquisitions, strengthening business capabilities through the launch of new products, and strengthening operational capabilities through business expansions.
To take advantage of the opportunities, the analyst recommends the window frames for construction companies to focus on products innovations, focus on launching window frames in new color options, focus on technological advancements, expand in emerging markets, focus on mergers and acquisitions, continue to focus on developed markets, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions, focus on urban population, and focus on fast-growing applications.
Table of Contents
1. Executive Summary2. Table Of Contents3. List Of Figures4. List Of Tables5. Report Structure
6. Introduction And Market Characteristics
7. Major Market Trends
8. Global Market Size and Growth
9. Global Window Frames For Construction Market Segmentation
10. Window Frames For Construction Market, Regional and Country Analysis
11. Asia-Pacific Market
12. Western Europe Market
13. Eastern Europe Market
14. North America Market
15. South America Market
Executive Summary
Window Frames For Construction Global Market Opportunities And Strategies To 2032 provides the strategists; marketers and senior management with the critical information they need to assess the global window frames for construction market as it emerges from the COVID-19 shut down.Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12 geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
Description:
Where is the largest and fastest growing market for window frames for construction? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The window frames for construction market global report answers all these questions and many more.The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider window frames for construction market; and compares it with other markets.
The report covers the following chapters.
- Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the window frames for construction market.
- Key Trends - Highlights the major trends shaping the global window frames for construction market. This section also highlights likely future developments in the market.
- Global Market Size and Growth - Global historic (2017-2022) and forecast (2022-2027, 2032F) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional Analysis - Historic (2017-2022) and forecast (2022-2027, 2032F) market values and growth and market share comparison by region.
- Market Segmentation - Contains the market values (2017-2022) (2022-2027, 2032F) and analysis for each segment by material, by application and by distribution channel in the market.
- Regional Market Size and Growth - Regional market size (2022), historic (2017-2022) and forecast (2022-2027, 2032F) market values, and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Key Mergers and Acquisitions - Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Market Opportunities And Strategies - This section includes market opportunities and strategies based on findings of the research. This section also gives information on growth opportunities across countries, segments, and strategies to be followed in those markets. It gives an understanding of where there is significant business to be gained by competitors in the next five years.
- Conclusions And Recommendations - This section includes recommendations for window frames for construction providers in terms of product/service offerings, geographic expansion, marketing strategies and target groups.
- Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Scope
Markets Covered:
1) By Material: UPVC; Wood; Metal; Other Materials2) By Distribution Channel: Direct Sales; Distributors/Wholesalers; Retailers; Other Distribution Channels
3) By Application: Residential; Commercial
Companies Mentioned: Lixil Group; JELD-WEN Inc; The YKK Group; Pella Corp; Vestas Wind Systems A/S
Countries: Australia; China; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; window frames for construction indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Lixil Group
- JELD-WEN Inc.
- The YKK Group
- Pella Corp
- Vestas Wind Systems A/S
- Schuco International KG
- Milgard Manufacturing Inc
- Ply Gem Holdings
- Eurocell
- Mikasa Doors
- Tostem Corporation
- China Lesso Group Holdings Ltd
- Fenesta
- Simta Astrix
- Fletcher Building Limited
- Milux Corp
- Feng Shui
- Shanghai Kedo
- Internorm
- Reynaers Aluminium
- VELUX Group
- Daylight Glazing Ltd
- Skyfens
- Aluminum Residency Worldwide
- Baza Nova Ltd
- BMK EUROPE SA (URZĘDOWSKI)
- KOMFARTVAM
- AL-PROMT S.R.L
- Arcom Glass
- Eaton Door and Frame LLC
- Sprouse Windows and Doors
- Anderson window and doors
- Sasazaki
- Claroflex
- Hydro
- PGT Innovations
- Ply Gem Holdings Inc
- Reynaers
- Al Kuhaimi Metal Industries Ltd
- Egepen Deceuninck
- Schüco Turkey International
- Aksu Prefabrik
- Sapa Building Systems Israel Ltd.
- AGC Flat Glass Israel Ltd.
- The Saudi Modern Factory Co.
- Saudi Anfal Group
- Assa Abloy Entrance Systems Saudi Arabia
- Saudi Industries for PVC Windows Co. Ltd.
- Watan Wood Works
- Emirates Glass LLC
- Jad Doors (Pty) Ltd
- Wintech Innovations
- AluNile
- Winsa
- Alumil
- Egyptian Saudian Company
- Tower Aluminium Nigeria PLC
- Jordan Tech Construction and Aluminium Company
- Carpenter-Johannesburg
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 290 |
| Published | October 2023 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 18.8 Billion |
| Forecasted Market Value ( USD | $ 37.7 Billion |
| Compound Annual Growth Rate | 7.2% |
| Regions Covered | Global |
