Indian Doors Market - Growth Factors and Regional Analysis by Key Players to 2024
Category: #reports  By Rahul Varpe  Date: 2020-04-16
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Indian Doors Market - Growth Factors and Regional Analysis by Key Players to 2024

With the escalating construction space along and supportive government initiations toward manufacturing eco-friendly, fire resistant, weather proof doors for commercial and residential sectors, it is certain that Indian doors industry is all set to carve a lucrative path in the years ahead.  Experts believes that in the coming period, the business space will witness an influx of even more sustainable energy efficient doors.

The size of the Indian Doors Market was accrued at USD 1.2 billion in 2016 and is presumed to accumulate over USD 2.8 billion by the year 2024. According to research, the Indian Doors Market is expected to grow with a CAGR of 9.3% during the period of 2017-2024.

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Over the past few years, there has been a significant transformation in consumers’ buying preferences with regards to artistic and aesthetics quotient, a factor that has brought innumerable innovations in door quality and texture. In this regard, it is prudent to mention that uPVC doors are creating a storm in the Indian doors industry, subject to their unique advantages such as better insulation, energy efficiency, thermal insulation, diversified color options, and minimum maintenance requirement.

In fact, uPVC Indian doors market is expected to witness a y-o-y growth of 8% over 2017-2024. In addition to this, leading giants of Indian doors market are also investing in enhancing their product portfolio that not only claims technological incorporations but also are environmentally viable.

The profitability quotient of Indian doors market is certain to escalate in the coming years, augmented by the thriving construction sector across the country. Driven by a plethora of factors such as growing Indian population demanding comfortable lifestyles, increasing public and private spending on refurbishment & construction activities, and encouraging governmental initiations toward infrastructural development, Indian doors industry size is expected to widen its horizon in the forthcoming years. In fact, estimates claim, private equity sector investment in real estate in India was over USD 6 billion in 2016.  As per a recent report put forth by IBEF (India Brand Equity Foundation), Indian real estate market is slated to record a massive valuation of USD 180 billion by 2020, another testament deemed to stimulate Indian doors industry trends in the coming years.

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The report evaluates the surveys, tactics, and SWOT analysis carried out by key vendors in the industry to comprehend the market strengths and utilize them to create the future growth prospects. Detailed analysis of the market scenario is undertaken in the report with respect to product terrain, application scope, and technology landscape. Numerous technological developments as well as various growth opportunities prevailing in the global market until 2024 are enlisted.

Know about Market growth in New Research and its Top growing factors by Key Companies like

Magna International, KONE India, Fenesta Building Systems, DORMA, Century Doors, D. S. Doors India, Duroplast Extrusions, Beautex, Geeta Aluminum Company, Hifab Aluminum Pvt. Ltd, Kalco Alu-systems Pvt.Ltd, Lumani Schuco, Mahavir Aluminum, Reynaers Aluminum, Sapa Building System, Welltech Systems

Comprehensive Review of Market by Applications

  1. Residential
  2. Commercial [Healthcare, Education, Hospitality]

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Key Reasons to Purchase the Market Report

  1. The Report Elucidates Detailed Evaluation Of The Market With Regards To Product Scope, End-Use Terrain, Market Opportunities, And Regional Demand For The Period 2019-2024
  2. An Insightful Documentation Of Meta-Analysis Of The Global Market Based On The Global Manufacturers And Various Regions Till 2024 Is Contained In The Report
  3. The Study Entails Details About The Factors Propelling The Growth Of The Industry, Alongside The Preventive Strengths Of The Market.
  4. The Report Unveils The Hidden Growth Prospects Of The Market And Provide CAGR Forecast Of The Market Until 2024
  5. The Report Further Evaluates The Key Issues, Their Solutions, And Product Developments To Channelize The Market Growth.


About Author

Rahul Varpe

Email: [email protected]   

Rahul Varpe

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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