According to a market report by Lucintel, the future of the global door and window market in Australia looks promising with opportunities the residential and commercial construction industries. The global door and window market in Australia is expected to reach an estimated $5 billion by 2030 from $4.3 billion in 2023,at a CAGR of 3% from 2023 to 2030. The major drivers for this market are rapidly increasing new construction and renovation activities in developing economies.
A more than 150-pagereport to understand trends, opportunity and forecast in Door and Window Market in Australia to 2030 by product type (door and window), material type (metal, wood, plastic, and others), and end use (residential, office, retail, hospitality, education, healthcare, and others).
Lucintel forecasts that the plastic door and window segment is expected to show the highest growth during the forecast period due to its light weight and better energy efficient properties.
Within the door and window market, metal is expected to remain the largest segment mainly due to strong demand for aluminum doors and windows. The aesthetic appeal of aluminum doors and windows, low maintenance, and low cost option as compared to other materials are projected to drive the demand for the metal door and window market. These major factors will spur growth for this segment over the forecast period.
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VENTORA, Stegbar, VEKA Australia, Internorm, Schuster Windows and Doors are the major suppliers in the door and window market in Australia.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard
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Lucintel
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