Aluminum Doors and Windows Global Market Opportunities and Strategies to 2032

This report describes and explains the aluminum doors and windows market and covers 2017 to 2022, termed the historic period, and 2022 to 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 aluminum doors and windows market reached a value of nearly $59,444.5 million in 2022, having grown at a compound annual growth rate (CAGR) of 1.4% since 2017. The market is expected to grow from $59,444.5 million in 2022 to $80,435.6 million in 2027 at a rate of 6.2%. The market is then expected to grow at a CAGR of 5.6% from 2027 and reach $105,504.9 million in 2032.

Growth in the historic period resulted from growth in home remodeling sector, increased focus on sustainability, low cost of aluminum, and increased demand for eco-friendly furniture. Factors that negatively affected growth in the historic period were coronavirus pandemic.

Going forward, rising urbanization, growing investment in construction, and rising infrastructure investment will drive the growth. Factors that could hinder the growth of the aluminum doors and windows market in the future include rising geo-political tensions and availability of alternatives.

The aluminum doors and windows market is segmented by type into exterior door, sliding window, bi-fold window and other types. The sliding window market was the largest segment of the aluminum doors and windows market segmented by type, accounting for 29.2% of the total in 2022. Going forward, the sliding window segment is expected to be the fastest growing segment in the aluminum doors and windows market segmented by type, at a CAGR of 6.5% during 2022-2027.

The aluminum doors and windows market is segmented by application into residential and non-residential. The residential market was the largest segment of the aluminum doors and windows market segmented by application, accounting for 60.1% of the total in 2022. Going forward, the residential segment is expected to be the fastest growing segment in the aluminum doors and windows market segmented by application, at a CAGR of 6.4% during 2022-2027.

Asia Pacific was the largest region in the aluminum doors and windows market, accounting for 33.1% of the total in 2022. It was followed by Western Europe, and then the other regions. Going forward, the fastest-growing regions in the aluminum doors and windows market will be Asia Pacific and North America where growth will be at CAGRs of 6.8% and 6.4% respectively. These will be followed by Western Europe and South America where the markets are expected to grow at CAGRs of 6.0% and 5.7% respectively.

The Global aluminum doors and windows market is fragmented, with a large number of small players. The top ten competitors in the market made up to 4.04% of the total market in 2021. JELD-WEN Inc was the largest competitor with 0.85% share of the market, followed by LIXIL Group with 0.74%, Xingfa Aluminium Holdings Ltd with 0.65%, YKK Corporation with 0.46%, Fletcher Building Limited with 0.38%, Andersen Corporation with 0.32%, Apogee Enterprises Inc with 0.26%, PGT Inc with 0.23%, Fenesta Building Systems with 0.09% and Bradnam's Windows & Doors with 0.05%.

The top opportunities in the aluminum doors and windows market segmented by type will arise in the sliding window segment, which will gain $6,460.6 million of global annual sales by 2027. The top opportunities in the aluminum doors and windows market segmented by application will arise in the residential segment, which will gain $12,978.1 million of global annual sales by 2027. The aluminum doors and windows market size will gain the most in USA at $4,525.3 million.

Market-trend-based strategies for the aluminum doors and windows market includes focus on launching innovative products, investing in new products, launching new products ,and mergers and acquisitions to improve their product offerings and to stay competitive in the market.

Player-adopted strategies in the aluminum doors and windows market includes strengthening its operational capabilities through business expansions and enhancing its business operations through strategic collaborations and partnerships.

To take advantage of the opportunities, the publisher recommends the aluminum doors and windows companies to focus on product innovations, focus on investments in production capacity, focus on eco-friendly furniture, expand in emerging markets, focus on partnerships and collaborations, focus on mergers and acquisitions, and focus on fast growing applications.