Windows Market |Global Industry Size and Share Analysis till 2029

 

According to this latest publication from Meticulous Research^®, the windows market is projected to reach $52 billion by 2029, at a CAGR of 9% during the forecast period of 2022–2029. Based on volume, the global windows market is projected to reach 307.8 million units by 2029, at a CAGR of 9.7% during the forecast period. The growth of this market is attributed to the rapid growth of the construction industry, consumers’ increasing inclination toward smart homes, and the growing demand for single-hung windows.

The Windows Market is projected to reach $52 billion by 2029, at a CAGR of 9% during the forecast period of 2022–2029. 

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In addition, growing urbanization in emerging economies and the increasing demand for windows in the renovation industry are expected to offer significant opportunities for the growth of this market. However, fluctuating raw material prices are a challenge for market growth. Additionally, customers’ growing preference for larger windows is a major trend in the global windows market.

The windows market is segmented by material and frame type. The study also evaluates industry competitors and analyzes the market at the regional and country levels.

The rapid growth of the construction industry is expected to drive market growth

The development of new infrastructure and renovation of aging infrastructure are major factors driving the adoption of windows. Population growth and the consequent need for housing have accelerated construction projects worldwide. Windows are an important component of commercial, residential, and industrial construction projects. The construction industry is witnessing exponential growth, particularly in developing countries, due to the rising demand for economic housing.

In recent years, there has been a significant increase in the number of smart city projects around the globe. According to industry experts, by the end of 2025, the modular construction industry is expected to reach USD 110 million in value, largely dominated by the residential sector. Also, according to Marsh and Oxford Economics, the global construction industry is estimated to reach USD 15 trillion by the end of 2030.

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Scope of the report:

Windows Market by Material                     

·         Plastic

·         Wood-clad

·         Metal

o    Aluminium

o    Steel

·         Fiberglass

o    Double-glazed Panes

o    Single-glazed Panes

o    Triple-glazed Panes

·         Wood

Windows Market, by Frame Type

·         Single-glazed Panes

·         Double-hung Windows

·         Slider Windows

·         Casement Windows

·         Fixed Windows

·         Awning Windows

·         Glass Block Windows

·         Hopper Windows

Key Players:

The key players operating in the windows market are JELD-WEN Holdings, Inc. (U.S.), Andersen Corporation (U.S.), Atrium Corporation (U.S.), LIXIL Corporation (Japan), Marvin Lumber and Cedar Co (U.S.), MI Windows & Doors, LLC (U.S.), Masco Corporation (U.S.), Pella Corporation (U.S.), Weru GmbH (Germany), BG Legno Srl (Italy), SGM Window Manufacturing Limited (U.K.), Vinylguard Window & Door Systems Ltd. (Canada), Deceuninck NV (Belgium), Neuffer Window + Door GmbH (Germany), and Duo-Corp. (U.S.).

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Key questions answered in the report-

·         Which are the high-growth market segments based on material, frame type, and geography?

·         What was the historical market for windows?

·         What are the market forecasts and estimates for the period 2022–2029?

·         What are the major drivers, restraints, and opportunities in the windows market?

·         Who are the major players, and what shares do they hold in the windows market?

·         How is the competitive landscape in the windows market?

·         What are the recent developments in the windows market?

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