Interior Doors Market: Worldwide Industry Analysis and New Market Opportunities

Posted by Harshad Borde on May 7th, 2019

An interior door is a panel inside houses and buildings, which connects one room with another. Interior doors can be made from a vast variety of materials such as metal, wood, glass, etc. These doors are also available in different colors and sizes. The use of interior glass doors is on the rise because they are durable, long lasting, affordable, and very easy to clean.

Key factors driving the interior doors market include increase in the production of interior doors, eco-friendly nature of the doors, rise in infrastructure development projects, increase in disposable income of people and, rapid urbanization. Rapid expansion in the household furnishing industry is projected to drive demand for interior doors in the next few years.

Evolution in e-commerce has created good opportunities for manufacturers and suppliers in the industry. In order to cater to a wide range of customers across the globe, manufacturers and suppliers of interior doors are selling their products through different e-commerce websites and online portals. However, high prices of eco-friendly interior doors are projected to hamper the growth of the interior doors market during the forecast period.

The global interior doors market can be bifurcated based on door, mechanism, material, distribution channel, end-user, and region. In terms of door, the interior doors market can be divided into bypass doors, pocket doors, panel doors, and bifold doors. The panel door segment is expected to dominate the market in the forecast period as panel doors are commonly used in the construction of residential as well as commercial buildings.

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Based on mechanism, the interior doors market can be classified into swinging, sliding, folding, and revolving. The swinging doors segment is projected to expand at a high growth rate in the near future. In terms of material, the interior doors market can be classified into wood, glass, metal, fiberglass, fiberboard, and vinyl. The fiberglass segment is projected to expand at a significant pace during the forecast period, because doors made of fiberglass are moisture-resistant and economical as compared to doors made of wood.

Based on distribution channel, the interior doors market can be bifurcated into online and offline. In terms of end-user, the market can be categorized into residential and commercial. There is a rise in demand for interior doors in the residential sector due to a rise in infrastructure development activities across the globe.  On the basis of region, the global interior doors market can be divided into Europe, North America, Asia Pacific, South America, and Middle East & Africa. The market in Asia Pacific is projected to expand at a significant pace during the forecast period, due to a boom in the real estate industry in countries such as China, India, Thailand, Singapore, Malaysia, etc. and a rapid increase in the population.

The government of China has implemented strict rules and regulations to reduce the usage of wood as material in the production of interior doors. The interior doors market in Middle East is estimated to expand during the forecast period, due favorable government policies, boom in the tourism and hospitality industry, and increase in the construction of hotels and shopping malls in countries such as UAE and Saudi Arabia. The market in South America is projected to expand at a moderate growth rate in the near future. A rise in disposable income of individuals in countries such as Brazil, Argentina, Ecuador, Venezuela, and Colombia is likely to boost demand for interior doors in the region.

Prominent players exists in the global interior doors are Chaparral Doors, Artisan Hardware, Colonial Elegance Inc., Bayer Built Woodworks Inc., Masonite International Corporation, Rustica Hardware, Concept SGA., Jeld-Wen Holding Inc., Simpson Door Company, and Contractors Wardrobe. These brands are focusing on the new product development and research & development activities to strengthen their foothold in the global interior doors market. Companies and brands are undertaking joint ventures and mergers & acquisitions with local players to enhance their product portfolio. Manufacturers in developing countries are focusing on reducing their cost of production and increasing profitability for the sustainable growth of their businesses.

 

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Harshad Borde

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Harshad Borde
Joined: April 26th, 2019
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