Global Doors Market to Garner $182.07 Billion by 2026 at 5.1% CAGR: Allied Market Research
PORTLAND, Oregon, April 16, 2020 /PRNewswire/ -- Allied Market Research recently published a report, " Doors Market by Type (Interior Doors and Exterior Doors), Material (Metal, Wood, Glass, Plastic, and Others), Mechanism (Swing Doors, Sliding Doors, Folding Doors, Revolving Doors, and Others), and Application (Sound Insulation Doors, Fire Protection Doors, Moisture Resistant & Wet Room Doors, Smoke Protection Doors, Radiation Protection Doors, Burglary Protection Doors, and Others): Global Opportunity Analysis and Industry Forecast, 20192026".
- PORTLAND, Oregon, April 16, 2020 /PRNewswire/ -- Allied Market Research recently published a report, " Doors Market by Type (Interior Doors and Exterior Doors), Material (Metal, Wood, Glass, Plastic, and Others), Mechanism (Swing Doors, Sliding Doors, Folding Doors, Revolving Doors, and Others), and Application (Sound Insulation Doors, Fire Protection Doors, Moisture Resistant & Wet Room Doors, Smoke Protection Doors, Radiation Protection Doors, Burglary Protection Doors, and Others): Global Opportunity Analysis and Industry Forecast, 20192026".
- According to the report, the global doors market was pegged at $120.80 billion in 2018, and is projected to reach $182.07 billion by 2026, growing at a CAGR of 5.1% from 2019 to 2026.
- Rapid urbanization & industrialization, increase in consumer spending on home remodeling, and surge in residential & non-residential construction have boosted the growth of the global doors market.
- However, fluctuation raw materials prices and high initial costs and predictive maintenance for automatic doors hamper the market.