PUBLISHER: The Business Research Company | PRODUCT CODE: 1429721
PUBLISHER: The Business Research Company | PRODUCT CODE: 1429721
Aluminum doors and windows are constructed using aluminum, known for its durability and strength. These fixtures are corrosion-resistant, lightweight, and malleable, offering advantages over traditional materials such as wood. Primarily used to connect the interior and exterior spaces of a building, they provide lighting and ventilation to rooms.
Key types of aluminum doors and windows comprise exterior doors, sliding windows, bi-fold windows, and others. Exterior doors are designed for access between the inside and outside of a building. These fixtures find applications in both residential and commercial settings.
The aluminum doors and windows market research report is one of a series of new reports from The Business Research Company that provides aluminum doors and windows market statistics, including aluminum doors and windows industry global market size, regional shares, competitors with aluminum doors and windows market share, detailed aluminum doors and windows market segments, market trends, and opportunities, and any further data you may need to thrive in the aluminum doors and windows industry. This aluminum doors and windows market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The aluminum doors and windows market size has grown strongly in recent years. It will grow from $63.85 billion in 2023 to $68.24 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth observed in the historical period can be attributed to various factors, including the expansion of the home remodeling sector, a heightened emphasis on sustainability, the affordability of aluminum, and an increased demand for eco-friendly furniture.
The aluminum doors and windows market size is expected to see strong growth in the next few years. It will grow to $86.38 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The forecasted growth is driven by urbanization, increased construction investments, and rising infrastructure spending. Key trends include a focus on innovation, investments in new products, product launches, and mergers/acquisitions to enhance competitiveness in the market.
The growth of the aluminum doors and windows market is being driven by the increasing number of construction projects. Construction companies are adopting aluminum doors and windows due to their strength, durability, and cost-effectiveness. The rise in construction projects is attributed to various initiatives, such as the Housing for All by 2022 initiative in India, which aims to promote affordable housing and boost construction activities. The scheme provides developers and builders with access to cheaper funding, reducing the overall cost of homes and making them attractive to first-time buyers. This, in turn, stimulates construction activity and contributes to the growth of the aluminum doors and windows market.
The aluminum doors and windows market is benefiting from the increasing infrastructure investment. Rapid urbanization and improvements in people's standard of living are driving the demand for substantial investments in buildings, roads, and urban infrastructure such as shopping malls, airports, and hotels. The development of urban infrastructure creates a demand for durable solutions, such as aluminum doors and windows. For example, the Chinese Government's announcement of a $600 billion infrastructure development package by 2027 in July 2022 is a significant driver for the aluminum doors and windows market. This increase in infrastructure investment is propelling the market forward, as aluminum doors and windows are preferred for their longevity and reliability in various construction projects.
Product advancements are influencing the aluminum doors and windows sector, with key industry players concentrating on introducing innovative offerings to enhance their market presence. An illustration of this proactive approach occurred in 2021 when Garnalex, a UK-based provider of residential aluminum windows and doors, unveiled its Sheerline Prestige range. This thermally efficient aluminum window and door system features integrated weather sealing, effectively keeping out draughts and rain. Notably, the system allows fabricators to optimize manufacturing processes by utilizing their existing PVC-U hardware.
A noticeable trend in the aluminum windows and doors market is the escalating investment by companies to pioneer new products and expand their operations. A case in point is AluK France, a company based in France specializing in the design and manufacture of aluminum windows, doors, and facade solutions. In April 2022, the company invested €5 million ($5.39 million) to extend its Gannat production facility by 5,000 m², resulting in a 50% boost in production capacity. This strategic expansion is geared towards meeting the growing demands of customers, enhancing operational efficiency, and contributing to job creation in the region. Similarly, in July 2021, Aparna Enterprises, an India-based firm in the building materials sector, allocated $100 million to the enhancement of its Alteza brand. Alteza encompasses a novel aluminum window, door, and railing system. The allocated funds were utilized to fortify the company's product portfolio, improve production facilities, and enhance marketing and retailing efforts.
In February 2021, PGT Innovations, a leading U.S.-based manufacturer of performance windows and doors, successfully secured a 75% ownership stake in Eco Window Systems for a total investment of $108 million. This strategic acquisition has facilitated PGT's strategic expansion and diversification of its product offerings within the burgeoning commercial market. Furthermore, the transaction has provided PGT with a valuable entry into the multifamily and commercial channels, bolstering its portfolio with a range of high-quality aluminum impact-resistant products. Notably, Eco Window Systems, a prominent U.S. entity specializing in the manufacturing and installation of aluminum impact-resistant windows and doors, has now become an integral part of PGT's enhanced market presence and growth strategy.
Major companies operating in the aluminum doors and windows market report are Jeld-Wen Inc., Lixil Group, Xingfa Aluminium Holdings Ltd., Ykk Corporation, Fletcher Building Limited, Andersen Corporation, Apogee Enterprises Inc., PGT Inc., Fenesta Building Systems, Bradnam's Windows & Doors, Milux Corp, YKK AP Inc., Lixil Corporation, Tostem Corporation, Geeta Aluminum Co. Pvt Ltd., Sapa Group, Alupure, Alteza, HOMI Aluminium Co Ltd., Qingdao Jiaye Doors And Windows Co. Ltd., SHANGHAI KEDO, Doorwins Aluminium Windows and Doors, Alu-tec Ltd., Daylight Glazing Ltd., AL-PROMT S.R.L, Arcom Glass, ALUMIL Russia, Mi-Soft, Altek LLC, Centra Windows, Ontorio Aluminium and Glass, Aluminium Windows Toronto, Toronto Doors and Windows, Delco Windows and Doors, Aluprof, Olsen Doors and Windows Limited, Hydro, Ply Gem Holdings Inc., Reynaers, Schuco, Klil, Al Kersh Steel Industries LLC, Sahara Aluminium Doors and Metals LLC, Value Star Building Metal Products Manufacturing LLC, Alfaw Aluminium and Glass Works LLC, Sion Aluminium and Glass LLC, Dayal Building Materials Trading LLC, Alutal, Decent Aluminium, Glass Doors, Zealcon, Inso Aluminium Windows and Doors, GO-TO Door and Window, McCoy's Doors & Windows, PT. Indo Illam Indah - Aluminium Sheet Supplier, SSS Group Co, Prime Aluminium Casement Ltd., The Glass Shop, Smart Glass Industries Ltd.
Asia-Pacific was the largest region in the aluminum doors and windows market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aluminum doors and windows market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the aluminum doors and windows market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The aluminum door and window market consists of sales of French windows, tilt-and-turn windows, and bi-fold windows. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Aluminum Doors And Windows Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on aluminum doors and windows market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for aluminum doors and windows? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The aluminum doors and windows market global report from the Business Research Company 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.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of covid 19 on supply chains and consumption patterns.