The World's Door And Window Industry Demand Will Grow Steadily in The Next Three Years

Jun 30, 2022

In recent years, my country's door and window market has been affected by the general environment, and its development has slowed down. Some door and window enterprises have begun to set their sights on the international market. Observing and analyzing the development of the world's door and window market, it is hoped that there will be certain guidance and reference for the development of my country's door and window enterprises.

According to the latest research, the global demand for doors and windows will grow at an annual rate of 6.8% from 2022 to 2025 after the economic depression caused by the new crown epidemic from 2019 to 2011, and the global demand for doors and windows will reach 192 billion US dollars in 2025. The report also predicts that due to the economic recession from 2019 to 2021, the demand for doors and windows in developed residential buildings may exceed that of commercial buildings.

By 2025, the proportion of the demand for energy-saving doors and windows in the overall market will greatly increase, on the one hand, due to consumers' awareness of environmental protection and energy saving, and on the other hand, from the support of policies such as tax reduction and exemption.

It is estimated that by 2025, China's share of demand in the global door and window market will increase from 27% in 2020 to 30%. The rapid economic growth, the acceleration of the industrialization process and the expansion of the per capita residential area in rural areas will increase the demand for door and window products. The report also predicts that the U.S. window and door market will rebound strongly and maintain an average annual growth rate of 7.7% until 2025, compared to a 25% decline in demand from 2018 to 2020. At the same time, demand in Japan and Western Europe will also rebound significantly.