Title: Indian Doors Market share research by applications and regions for 2017-2024
1Indian Doors Industry Analysis Report, Share,
Growth, Price Trends and Forecast, 2024 Global
Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights from Indian Doors Market
- Growing urbanization coupled with increasing
infrastructure spending is anticipated to drive
Indian doors market growth. - Up surge in government spending in residential
projects, commercial building renovation, along
with rise in tourism industry has positively
influenced the product demand. - Increasing central and state government finances
for infrastructure development projects, public
funding, and a decline in the construction
material prices will boost the industry growth. - Hinged doors are projected to surpass 2 million
units by 2024. High application scope in
residential and commercial building due to its
easy fitting, lesser space consumption features,
improved durability is expected to boost market
growth over the forecast period.
3 Continued...
- Sliding doors will observe a growth rate of over
6 up to 2024. Requiring less area for opening
and closing as compared to hinged ones is among
the key benefit driving demand in compact
building structures. - Better insulation, energy saving, excellent sound
and thermal insulation, availability of choice of
colors, laminates and patterns are the factors
driving the product penetration. - Social development along with subsidies available
for housing construction will further boost the
product demand. Renovations in households have
witnessed a strong upsurge in the past and are
expected to continue over the forecast timeframe.
4Maharashtra Doors Market Size, By Product, 2016
2024 (Thousand Units)
5Industry Coverage
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7360 Analysis
- Product Analysis
- Hinged doors market was valued over USD 300
million in 2016. Growing demand for see-through
structures including doors induced with windows
will propel the product market demand in
commercial buildings. - Regional Analysis
- Maharashtra generated more than USD 180 million
of overall Indian doors market revenue in 2016.
Growing urbanization have given rise to many
projects related to the residential building
construction, which has increased product demand.
- Indian doors market in Karnataka will witness
over 10 CAGR up to 2024. The state is the
seventh and eighth largest state by population
and area consecutively. - Competitive Market Share
- Indian doors market share includes Magna
International, KONE India, Fenesta Building
Systems, DORMA, Century, D. S. India, Duroplast
Extrusions, Beautex, Geeta Aluminum Company,
Hifab Aluminum, Kalco Alu-systems, Lumani Schuco,
Mahavir Aluminum, Reynaers Aluminum, Sapa
Building System, and Welltech Systems.
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