According to a research report titled ‘Europe Windows & Doors Market Size By Material, Application, Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2021 – 2027’, available with Market Study Report, Europe windows & doors market valuation is projected to reach USD 49.37 billion by the end of the forecast period 2021-2027.
 

Report findings state that rise in the number of construction projects aimed at offering affordable and sustainable residential complexes is acting as a major impetus for Europe windows & doors market growth.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/3855708/
 

Issues pertaining to ageing infrastructure, and increasing home renovation & remodeling activities amid the pandemic are also adding to the industry remuneration. Parallelly, rising investments in infrastructural development projects to address the demand for commercial and office spaces is enhancing the overall market outlook.
 

Elaborating on the negatives, the COVID-19 pandemic has had a major impact on construction market stakeholders owing to imposition of social distancing norms, border closures, and nationwide lockdowns, which in turn, has hampered the demand and supply of windows & doors in the region. However, the introduction of vaccines is expected to positively sway Europe windows & doors market dynamics.
 

Based on material type, the industry is classified into wood, uPVC, metal, and others. Among these, wooden windows & doors segment is becoming increasingly popular due to the vast array of attractive designs and widespread availability.
 

Meanwhile, uPVC segment is slated to grow at 5% CAGR through 2027. The product demand can be attributed  to its low-maintenance requirements and lightweight properties. Moreover, uPVC doors & windows do not contract or expand easily, provide superior thermal insulation, exhibit high corrosion resistance, and have lower softening temperatures, which are further contributing to the product sales.
 

Moving on to application ambit, the industry segmentation comprises, residential (new residential, improvement & repair), and commercial (new commercial, improvement & repair). The residential sector has been recording significant growth in demand, while the commercial segment has been experiencing a steady expansion. Meanwhile, commercial spaces segment is touted to grow considerably with growing emphasis on incorporating enhanced security solutions owing to increasing threat of burglaries and fire accidents.
 

Elaborating on the geographical scope, France, U.K., Russia, Spain, Italy, Belgium and Poland are generating substantial revenues for Europe windows & doors market.
 

Major contenders in the industry sphere are Stollar, Renson, Ponzio, BG Legno S.r.l., Weru GmbH, SGM Window Manufacturing Ltd., Pella Corp., Jeld-Wen Inc., Aperture Group LLC, and Profine GmbH.