Europe Doors and Windows Market to Reach Revenues of $83 Billion During the Period 2018−2024- Market Research by Arizton

CHICAGO, April 17, 2019 /PRNewswire/ -- According to Arizton's recent research report, the doors and windows market in Europeis expected to reach revenues of over $83 billionby 2024, growing at a CAGR of close to 5% during 2018−2024.

Key Highlights Offered in the Report:

1. The integration of energy-efficient windows and doors at the design stage is the most significant opportunity to induce positive environmental changes. Glazed doors and windows drastically reduce heat loss and increase thermal efficiency of buildings.
2. The growth of the residential sector in Europe is expected to increase the demand for doors and windows. New residential construction in Europe is expected to grow over 3% between 2017 and 2019.
3. Over 75% of windows units sold in Western Europe, especially in the countries that lie on the west of the Oder-Neisse border
4. The Europe doors market is highly fragmented due to the presence of several small-scale vendors.
5. In terms of material type, plastic witnessed the highest demand with a share of 43% in 2018. Improved thermal efficiency is the key reason for the increased demand for plastic and uPVC doors and windows.
6. Poland and Germany are expected to emerge as leading centers for the production of doors and windows in Europe.
7. Larger vendors are likely to pursue inorganic growth strategies to increase their footprint as there are several small-scale vendors in the region.

Key Offerings:

• Market Size & Forecast by Revenue| 2018−2024
• Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
• Market Segmentation –A detailed market analysis by product type, end-users, material type, and countries.
• Competitive Landscape – Profile of 4 key vendors and 25 otherprominent vendors

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Europe Doors and Windows Market – Segmentation

• This market research report includes detailed market segmentationby product types, end-users, material types, and countries.
• The plastic segment dominated more than half of the doors and windows market in Europe in 2018. The segment is expected to growat a CAGR of over 4% during the forecast period.
• The demand for new windows and doors installations in renovation projects is the highest in Southern Europe, constituting around 72% of the total doors and windows market in Europe.

Market Segmentation by Product Types

• Doors
• Windows

Market Segmentation by End-users

• Residential
• Commercial

Market Segmentation by Materials

• Metal
• Plastic
• Wood

Europe Doors and Windows Market– Dynamics

The demand for doors and windows is likely to be fueled by the growth in the residential sector and hospitality and manufacturing industries in Europe.The rising per capita disposable income and the increasing trend of purchasing door and window panels online are the major reasons for the growth of the doors and windows market in Europe.

Key Drivers and Trends fueling the Growth of the Global Market are:

• Increasing Construction and Renovation Activities
• Rising Disposable Income
• Increasing Incorporation of BIPV to Augment Product Portfolio

Europe Doors and Windows Market–Geography

Germany is the largest market for door and window installations in Europe, followed by the UK. The rise in construction activitiesin Germany and a high government spending on public infrastructure are expected to drive the demand for windows and doors in both residential and commercial segments.

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Market Segmentation by Geography

• Germany
• UK
• France
• Italy
• Nordic
• Norway
• Sweden
• Denmark
• Finland
• Others
• Poland
• Spain

Major Vendors in the global market:

• Jeld-Wen
• Inwido
• VKR Group
• Internorm

Other vendors include Aluplast, Arbonia, Aries, Astraseal, Bertrand, Crystal Windows, Ford Windows, Gartfen,  Gealan, Goran, Indigo Products, Josko, Karo, Kinex, Korzekwa, MASCO Corporation, Neuffer Windows + Doors, NorDan, Profine Group, Rawington, Reynaers Aluminum, Schuco International, Slowinscy, Veka,  and Weru.

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About Arizton:

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SOURCE Arizton Advisory & Intelligence