The industry analysis report titled ‘Asia Pacific Doors Market Forecast 2027 By Product, By Material, By Application, Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’, available with MarketStudyReport, states that Asia Pacific doors market is expected to reach a valuation of USD 90.5 billion by 2027.  
 

Asia Pacific doors market is driven by growing income levels as well as rapid urbanization and industrialization which has led to a massive rise in the demand for high quality infrastructure that compiles with safety regulations.

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Further, increasing government initiatives aimed at establishing smart public infrastructure and improved focus on renovation of residential spaces has played a crucial rule in the augmentation of the industry in the recent years.

Despite the positive industry outlook, the onset of the Covid -19 pandemic and the restrictions that followed have had a detrimental effect on the growth trajectory of the industry, with consequences such as lack of raw material, manpower and bans on movement.

Moving on to segmentation, Asia Pacific doors industry is bifurcated in terms of product type (sliding, hinged, French, others), material (uPVC, metals, doors, others), application (residential, commercial) and country.

Considering product type, the hinged doors segment is gaining popularity among consumers and is expected to record a healthy CAGR of 3.7% throughout the analysis timeframe owing to its easy installation and operational process coupled with the benefit of added levels of safety.

With respect to material, the uPVC segment is slated to gain strong returns during the assessment period as the material type boasts superior strength, better insulation, versatility, affordability, and high energy efficiency.

Speaking of application scope, the residential segment is slated to witness a stable growth rate of 3.9% due to favorable government initiatives that encourage developments in residential projects as well as growing inclination of consumers towards aesthetically appealing home interiors.

Major players influencing Asia Pacific doors market trends are Masco Corporation, Jarida Group, Atis Group Inc., WEN Holdings SA, Stollar Systemy Okienne, and Lixil Group Corporation. These companies are steadily directing their resources towards R&D activities to provide technologically advanced door products to match the requirements of their consumers and maintain their presence over industry dynamics.