Australia Doors & Windows Market is expected to register a high CAGR in the forecast period

Increase in construction expenditure & rapidly growing residential areas are the main factors propelling the Australia Doors & Windows Market growth in the forecast period

According to TechSci Research report, “Australia Doors & Windows Market - By Region, Competition Forecast and Opportunities, 2018- 2028,” the Australia Doors & Windows Market is anticipated to register a robust growth during the forecast period, 2024-2028. The expansion of the residential and commercial building sectors in the country has boosted the market growth and is likely to push demand for doors & windows even further.

The rising consumer expenditure on housing and renovation will drive market expansion in the coming years.

Moreover, government expenditure on housing and public infrastructure, as well as FDI policies, have expanded the products’ scope. The need for luxury designs and colors with various functions is the most important element influencing the market for these items. In developed countries such as the Australia, doors & windows with modern design, irregular forms, large glazing surfaces, and aesthetic embellishments are popular in the residential market..

For instance, the construction industry generates USD 367.2 billion in sales, accounting for around 9% of Australia's GDP. Throughout the five years from 2019 to 2024, it is expected to increase at a 2.4% annual pace.  Owing to the rise in number of construction projects in the nation the market is expected to grow in the forecast period.

Multipanel patio doors are one of the fastest-growing product categories because they provide easy access to natural light, outside drinking and dining areas, and other amenities. Impact-resistant doors & windows, as well as energy-efficient doors & windows, are popular on the market.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Australia Doors & Windows Market.”

The Australia Doors & Windows Market is segmented into Product type, Material type, End User, Distribution Channel, Region and Competitive Landscape. By Product type, the market is bifurcated into Doors & Windows. Based on Material type, the market is segmented into Wood, Aluminum, Glass, Others. Based on End User, the market is categorized into Residential, Commercial, Public, Industrial. The Distribution Channel segment is further categorized into Direct & Indirect. Based on region the market is segmented into New South Wales, Victoria, Queensland, Western Australia, South Australia, Tasmania, Northern Territory.

On the basis of material type, uPVC holds the largest share in the Australia Doors & Windows Market and is expected to remain dominant in the forecast period. The uPVC segment is expected to rise rapidly in the market due to its widespread use in windows. uPVC window systems are commonly utilized in households and commercial buildings that employ air conditioners, owing to their higher insulation, good acoustic, thermal insulation, and energy-saving qualities. Factors such as the wide availability of uPVC window system colors, laminates, and patterns, as well as rising demand for weather, termite, high impact, and chemical-resistant goods, are expected to drive the segment's expansion over the projected period.

Based on End User, the market is segmented into residential, commercial, public, industrial. In 2022, the residential sector had the largest market share. On the other hand, it is predicted that the commercial category would expand with a sizable CAGR throughout the projection period. Due to population expansion, the residential sector is expanding.

Key market players in the Australia Doors & Windows Market:

• JELD-WEN Australasia
• Schuster Windows & Doors
• Anderson Corporation Pty Ltd.
• Streamline Windows
• ARCHITECH WINDOWS
• Southern Star Group
• Wideline Windows & Doors
• Pro-Technology Pty Ltd.
• Rylock Windows & Doors
• Paarhammer Windows and Doors

 

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“The Australia Doors & Windows Market is expected to grow in the coming years as a result of the need for doors and windows, which is fueled by structural changes in people's demands for space and sound insulation systems brought on by changing lifestyles. Moreover, FDI policies and government spending on housing and public infrastructure has increased the product's demand. The main factor influencing the demand for these products is the desire for high-end designs and colors. Australia homeowners favor doors & windows with contemporary and asymmetrical designs, large glazing surfaces, and artistic accents.” said, Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

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