Interior Doors Market accounted approximate USD 67090.5 million in 2020 and it is expected to reach USD 120149.32 million in 2030 with a CAGR of 6% during the forecast period.Interior doors are movable structures designed for indoor use. It is a panel inside buildings and house which provides access and egress to a room or other space inside the house. These doors are used in residential and non-residential applications to provide privacy, reduce noise from another part of building, separate one interior space from another and aid in ventilation. Moreover, the structural requirements of interior doors met to comply with building codes, fire protection and access for the handicapped.
Market Segmentation:
On the basis of door type, interior doors market is segmented into panel door, bypass door, bifold door, pocket door and others. The panel door segment dominated the global interior doors market and it is anticipated to maintain this trend during the forecast period. On the basis of material type, interior doors are classified into wood, metal, glass, fiberboard, fiberglass, and others. The wood segment is dominated the market and accounted for the highest market share. The fiberboard segment is anticipated to witness fastest growth with a CAGR of 8.2% during the forecast period. On the basis of mechanism type, it is segmented into swinging, sliding, folding, revolving and others. According to research study, the swinging segment is accounted for highest global market share with approximate 59% in 2018. Based on user type, it is bifurcated into two types that are residential and non-residential. The residential segment is dominated and it is anticipated to grow at highest CAGR of 6.5% during the forecast period. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.
Market Dynamics and Factors:
The advancement by market players to produce eco-friendly doors, surge residential & non-residential construction and increase in expenditure on home remolding in the developed economies are driving the growth of market. Moreover, wide variety of designs, colors, materials, manufacturers, and customized products those are in line with the client requirement driving the market demand. However, high price of eco-friendly products restrain the growth of the market during forecast period. Increase in rapid urbanization and industrialization in emerging markets are anticipated to lucrative opportunities for the global market.
Geographic Analysis:
Asia Pacific is dominated the market. High investment in residential and non-residential construction projects in countries such India, China and Malaysia is anticipated to drive demand in the region. Interior doors market in region is anticipated to grow at highest CAGR of 6.5% during the forecast period. Middle Eastern region is also expect to witness high demand for interior doors due its rising projects in hospitality industry. Additionally, favorable government regulation to diversify economic goals and boost the hospitality industry is anticipated to influence market growth in the region.
Competitive Scenario:
Some of the key players in global interior doors market are Bayer built WoodWorks Inc., Artisan hardware (US), Colonial Elegance Inc., Jeld-Wen Holding Inc., Concept SGA., Masonite International Corporation, Contractors Wardrobe (US), and Simpson Door Company (US).
Interior Doors Market Report Scope
Report Attribute | Details |
Market size value in 2020 | USD 67090.5 million |
Growth Rate | CAGR of 6% from 2021 to 2030 |
Forecast period | 2021 - 2030 |
Quantitative units | Revenue in USD billion 2020 to 2030 and CAGR from 2021 to 2030 |
Report coverage | Revenue forecast, Market Share Analysis, Sales Analysis, Competitor Analysis, Growth factors, and trends, Macro-economic indicator analysis, PORTER's Five Forces analysis, Pricing Analysis, PESTEL Analysis, Value Chain Analysis, COVID-19 Impact Analysis |
Segments covered | By Door Type (Panel Door, Bypass Door, Bifold Door, Pocket Door and Others), By Material (Wood, Metal, Glass, Fiberboard, Fiberglass and Others), By Mechanism (Swinging, Sliding, Folding, Revolving and Others), By End User (Residential and Non-Residential) |
Regional scope | North America; Europe; Asia Pacific; Latin America; MEA |
Key Country scope | U.S.; Canada; Mexico; U.K.; Germany; France; Italy; Spain; Japan; China; India; Malaysia; Singapore; South Korea; Brazil; Argentina; South Africa; Saudi Arabia; UAE; Turkey |
Key companies profiled | o Artisan hardware (US) o Bayer built WoodWorks Inc. o Colonial Elegance Inc. o Concept SGA. o Jeld-Wen Holding Inc. o Masonite International Corporation o Simpson Door Company (US) o Contractors Wardrobe (US). |