Pocket Door Market is anticipated to grow at a CAGR of 4.57% through 2031
The increasing construction of new homes and
commercial areas and rising demand for luxury and compact furniture is expected
to drive the global pocket door market during the forecast period.
According to TechSci Research report, “Pocket Door
Market – Global Industry Size, Share, Trends, Competition, Opportunity, and
Forecast, 2021-2031”, The Global Pocket Door Market will grow from USD
10.07 Billion in 2025 to USD 13.17 Billion by 2031 at a 4.57% CAGR.The pocket
doors market will grow as demand for luxurious-style doors without compromising
furniture space rises. Pocket doors are perfect for minimalist interior design
because they provide a contemporary appearance and a spacious interior layout.
Additionally, manufacturers provide custom-made glass pocket doors based on
client needs. Companies are also improving the colors of door surfaces made of
metals, leather, wood, glass, and stone to match construction projects or
homes, giving project planners the freedom to mix materials. The rising number
of construction activities in different countries drives the demand for pocket
doors. According to National Housing Federation, around 340,000 new homes must
be constructed in England annually, and 216,000 new homes were constructed
between 2020-2021.
The rising demand for luxury and compact furniture, which
provide aesthetic views and are packed in nature, is driving the need for
pocket doors in various countries. According to the data provided by Harvard
Business Review, about USD 350 billion, or 19% of the combined USD 1.8 trillion
in yearly sales of consumer goods categories, is already constituted of new
luxury items.
The residential market dominated the pocket door industry
owing to the growing use of pocket doors, primarily due to improved
infrastructure facilities, rapid expansion in the housing society, and
commercial spaces. Increased consumer inclination for incorporating more
opulent comfort elements into their homes will result in further market growth.
In addition, it is expected that increasing urbanization in countries such as
China, India, Brazil, and Africa will increase demand in the residential
sector. During the forecast period, the commercial application category is
expected to expand more quickly. This development can be related to the growing
demand for pocket doors used for privacy and space-saving purposes in offices,
hotels, and other commercial settings. Since they don't need as much space as
conventional swinging doors, pocket doors are perfect for small spaces.
Browse over xx market data Figures spread through xx Pages
and an in-depth TOC on the "Global
Pocket Door Market"
Owing to various factors, including the fact that wood was
among the most popular materials used to make pocket doors over the previous
ten years, the wooden pocket door market is expected to expand throughout the
forecast period. The expansion of the housing society, the rapid development of
office space, the growing real estate industry, and favorable government
regulations all contribute to this. Key market drivers are the availability of
several designs & materials, low installation space requirements, and
elegant aesthetics.
The global pocket door is segmented into direct and
indirect sales based on distribution channels. Direct sales dominated the
market as the pocket door is counted under luxury products and has a high
production cost. The consumer prefers to purchase pocket doors directly through
distributors/dealers, etc. Moreover, indirect sales also witness high demand
as, during the construction of new residential and commercial buildings, the
furniture work is usually done on a contract basis. Moreover, home décor
companies have included innovative furniture to attract new customers. Thus,
increasing indirect sales in different countries.
Key market players in the pocket door market
include:
- Eclisse
UK S.R.L.
- Anderson
Corporation
- J
B Kind Ltd.
- LPD
Ltd.
- Raydoor,
Inc.
- Royde
& Tucker Ltd.
- Ferrero
Legno SPA
- Leeds
Plywood & Doors Limited
- Portman
Doors Ltd
- Slide
Systems Limited
Customers can also request 10% free
customization on this report.
Many businesses have launched innovative products to
attract clients and capture a sizable market share in the pocket door market.
For instance, pocket doors that not only take up less space but also offer
noise resistance were introduced by Linear Building Innovations Limited under
the brand name Enigma. "The rising construction of residential and
commercial buildings, the growing popularity of luxury goods, and high demand
from the retail sector, such as hotels, spas, and gyms, will influence the
global pocket door market demand,” said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
“Pocket Door Market – Global Industry Size,
Share, Trends, Opportunity, and Forecast, Segmented By Product Type (Single
Pocket Door, Double Pocket Door, Unilateral Pocket Door), By Material (Wood,
Glass, Aluminium, Vinyl, Others (Steel, Fiberglass), By End User (Residential,
Commercial, Industrial), By Distribution Channel (Direct Sales, Indirect
Sales), By Region, Competition 2021-2031F”has evaluated the
future growth potential of pocket door and provides statistics and information
on market structure, size, share, and future growth. The report is intended to
provide cutting-edge market intelligence and help decision-makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges and opportunities present in pocket
door globally.
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