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Indian Doors Market– Global Industry Analysis
Report, Share, Growth, Price Trends and Forecast,
2024: Global Market Insights Inc.
The global Indian doors Market share report provides numbers for applications and
regional segments of the industry covering historical as well as forecast data for
decision makers. Indian Doors Market size is estimated to exceed over USD 2,800
million by 2024; according to a new research report by Global Market Insights, Inc.
Growing urbanization coupled with increasing infrastructure spending is anticipated
to drive Indian doors market growth. Up surge in government spending in residential
projects, commercial & building renovation, along with rise in tourism industry has
positively influenced the product demand.
Increasing central and state government finances for infrastructure development
projects, public funding, and a decline in the construction material prices will boost
the industry growth. As per IBEF, Indian real estate industry is expected to reach
USD 180 billion by 2020. Private equity investment in real estate reached over USD
6 billion in 2016.
Hinged doors are projected to surpass 2 million units by 2024. High application
scope in residential and commercial building due to its easy fitting, lesser space
consumption features, improved durability is expected to boost market growth over
the forecast period.
Sliding doors will observe a growth rate of over 6% up to 2024. Requiring less area
for opening and closing as compared to hinged ones is among the key benefit driving
demand in compact building structures.
uPVC will witness over 8% CAGR up to 2024. Better insulation, energy saving,
excellent sound and thermal insulation, availability of choice of colors, laminates and
patterns are the factors driving the product penetration.
Residential application contributes more than 60% of Indian doors market in 2016.
Increasing infrastructural spending is a key factor driving the industry outlook. Social
development along with subsidies available for housing construction will further
boost the product demand. Renovations in households have witnessed a strong
upsurge in the past and are expected to continue over the forecast timeframe.
Maharashtra accounted over 12% of Indian doors market. As per the national
population and housing census of 2011, out of 3.36 crore registered houses, 2.98
crores were in the Maharashtra. In addition, the state government proposed a draft
notification in 2017, which will allow developers to offer housing stock or pay a
premium to the authority for projects spread over 2,000 sq. meters.
Maharashtra Doors Market Size, By Product, 2016 & 2024 (Thousand Units)
West Bengal generated over USD 90 million revenue in 2016. Rise in the number of
commercial projects in the area, including Rajarhat and Newton will also influence
the product market demand positively.
Delhi will witness a significant growth due to rapid urbanization coupled with the
proliferation of nuclear families which has created a culture of moving into
apartments, propelling the construction industry of the union territory.
Century, KONE, DORMA, Fenesta, D.S. India, Welltech and Duroplast are among
the key manufacturers of Indian doors market share. Presence of numerous
regional, national and local producers makes the industry highly competitive in
Other prominent participants include Lumani Schuco, Reynaers Aluminum, Sapa
Building System and Beautex. Mergers & acquisitions, expansion and development
of the product portfolio are among the significant strategies.
Segmentation of Indian Doors Market:
Indian Doors market research report includes in-depth coverage of the industry with
estimates & forecast in terms of volume in Thousand Units & revenue in USD Million
from 2013 to 2024, for the following segments:
Indian Doors Market, By Product
Dutch or stable
Others (Casement, Designer)
Indian Doors Market, By Material
The above information is provided on a state basis for the following:
Browse Related Report:
Global Doors Market Size By Product (Hinged, Sliding, French), By Material (uPVC,
Wood, Metal), By Application (Residential [New Residential, Improvement & Repair],
Commercial [New Commercial, Improvement & Repair]) Industry Analysis Report,
Regional Outlook (U.S, Canada, Germany, UK, Italy, France, Russia, Belgium,
Poland, China, India, Japan, South Korea, Indonesia, Malaysia, Brazil, Mexico,
Saudi Arabia, Qatar, UAE, South Africa), Growth Potential, Price Trends,
Competitive Market Share & Forecast, 2017 – 2024
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market
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