Global Exterior Doors Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Exterior Doors Market 2021 (Includes Business Impact of COVID-19)
Global Exterior Doors Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global exterior doors market report has been segmented on the basis of door type, material, mechanism, end user, and region.
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The global Exterior Doors market size was valued at USD$76.10 billion in 2020 and is projected to reach USD $142.29 billion by 2030, and is anticipated to expand at a CAGR of 6.38% over the forecast period from 2020 to 2030.


Global Exterior Doors Market: Overview


Exterior door is also known as doorway or entry door which is used to enter or exit from the building or room. These doors are manufactured with different materials such as wood, metal, glass and other material in order to offer security and protect the building from outer environmental impact including dust, sunlight, etc. Moreover, these doors are available in various shapes, materials, and colors and can be customized as per the requirements of the end user.


Global Exterior Doors Market: Dynamics


Exterior doors are designed to add a closure to the room or building. These doors add an appealing or aesthetic look to the structures as well as safeguarding them. These are some major factors expected to drive growth of the global market. In addition, increasing number of residential and commercial construction projects is one of the key factor expected to augment growth of the target market. In addition, rising renovation or remodeling activities among households and commercial properties is a factor expected to support revenue growth of the global market during the forecast period.

However, fluctuating cost of labor and raw materials may hamper growth of the target market over the forecast period. Additionally, stringent protocols of government authorities, coupled with environmental concerns associated with cutting of the wood are some factors projected to challenge the global market growth.


Global Exterior Doors Market: Segment Analysis


Among the door type segments, the panel door segment is expected to register significant growth, owing to various characteristics including durability, eco-friendly nature, and adds aesthetic look to the structure.

Among the mechanism segments, the segment is projected to register considerable growth.

Among the end user segments, the commercial segment is expected to account for significant shares in the global market, owing to increasing commercial infrastructural development activities.

Among the material segments, the metal segment is expected to register substantial growth, owing to various benefits including durability and resistance to fire and chemicals.


Global Exterior Doors Market: Regional Analysis


Growing infrastructural development activities in emerging countries including India and China is a factor expected to fuel growth of the exterior doors market in the Asia Pacific. In addition, urbanization, industrialization, increasing disposable income, coupled with inclination towards modern approach regarding exterior design and looks of structure are some major factors fueling growth of the target market in the region. Also, the availability of labor and raw material at minimal cost, plays an important role for growth of the target market.

The exterior doors market in North America is projected to account for the majority of revenue shares in the target market over the forecast period. This is attributed to increasing remodeling activities among residential and commercial buildings in order to add an aesthetic look. Furthermore, markets in the Middle East & Africa and Latin America are expected to register moderate growth over the forecast period.


Below are the active patents related to Exterior Doors Market.


Patent Number: US9259995B2

Energy absorbing component
Abstract
An energy absorber for improving passenger safety in a vehicle during an impact to the vehicle, the energy absorber comprising a hollow body having a base defining a proximal end of the body, the base being configured to affix the body to a portion of the vehicle, the body further including a sidewall extending from the base and terminating in a distal end of the body, the sidewall having an interior surface and an exterior surface, the interior surface including a portion defining an interior step transition, the exterior surface including a portion defining an exterior step transition, the interior and exterior step transitions being provided at locations axially offset from each other along the sidewall.

Application File Date: 2013-11-07

Application Granted Date: 2016-02-16

Current Assignee: Toyota Motor Corp

Patent Number: US20080041014A1

Door skin, method of manufacturing a door produced therewith, and door produced therefrom
Abstract
A door skin comprises an exterior side and an interior side for being secured to a frame member. First and second molded, spaced stiles lie on a first plane. A flat planar portion is disposed between the stiles and lies on a second plane spaced from the first plane. A first interface portion is disposed between and contiguous with the stiles and the flat planar portion. First and second integrally molded, spaced rails lie on a third plane, wherein the third plane is intermediate the first and second planes.

Application File Date: 2007-10-22

Application Granted Date: 2011-06-21

InventorSteven LynchBei-Hong LiangMark RuggieJason WalshHenry CoghlanGeoffrey Hardwick

Patent Number: US8156699B2

Vision panel frame
Abstract
An improved vision panel provides a nail in retention method for holding half the panel in place during installation using inwardly extending retention arms that also provide threaded fasteners for attaching the halves of the frame together about the door, support for the glass pane, and when used with special fasteners having partially non-threaded shanks, a compression limiting spring biasing of the frame elements together.

Application File Date: 2004-05-06

Application Granted Date: 2012-04-17

Inventor: Jack C. LaSee

Global Exterior Doors Market Segmentation:

Segmentation by Door Type:

  
Bypass Door
  
Panel Door
  
Pocket Door
  
Bifold Door

Segmentation by Material:

  
Wood
  
Glass
  
Metal
  
Vinyl
  
Fiberglass

Segmentation by Mechanism:

  
Sliding
  
Swinging
  
Folding
  
Bypass

Segmentation by End-user:

  
Residential
  
Non-residential


Key Market Players included in the report:


  
Anderson Corporation (US)
  
ASSA ABLOY (Sweden)
  
Atrium Corporation
  
Bayer Built Inc. (US)
  
ETO Doors
  
Home & Security Inc.
  
Hormann KG Verkaufsgesellschaft
  
JELD-WEN Holding Inc.
  
JS Doors Manufacturer PTE Ltd..
  
LG Electronics Inc.
  
LIXIL Group Corporation. (Japan)
  
Marvin Windows and Doors (US)
  
Masonite (US)
  
Otto Fuchs KG
  
PELLA Corporation (US)
  
Sanwa Holdings Corporation
  
Simpson Investment Company Inc.
  
The Millwork Market
  
VKR
  
YKK Corporation
  
Yuanda China Holdings Limited (China)


Below are the key development related to Exterior Doors Market in 2020 and 2021.


July 2021: H.I.G. Capital Sells Weru Group to Dovista A/S. Global alternative investment firm H.I.G. Capital has announced that an affiliate has signed a definitive agreement to sell its German portfolio company Weru Group to Dovista A/S, a North European solution provider of vertical windows and exterior doors. The transaction is subject to clearance by the relevant antitrust authorities. H.I.G. acquired Weru, a German manufacturer of PVC windows and doors, in 2014, and subsequently acquired Unilux, a manufacturer of wood-based windows and doors to expand its product portfolio. During H.I.G.’s ownership, Weru modernized its production facilities, launched new products, and implemented various digital innovations. Headquartered near Stuttgart, Weru sells its product offering via more than 1,725 specialized retailers and has more than 1,100 employees across its three manufacturing sites in Germany. Source

July 2021: On heels of expansion, Woodgrain Millwork acquires Tennessee door company. WHITE HOUSE, Tenn. - Woodgrain Millwork, one of the largest millwork producers in North America and number 37 on the FDMC 300, has acquired Tennessee-based Lowes Millwork. The acquisition comes soon after Woodgrains announcement to invest $10 million in Georgia. The investment will allow Woodgrain to expand its facility in Leesburg, Georgia by 156,000 square feet. Around 150 new jobs will be added. Demand for the companys products prompted the expansion. Woodgrain is one of the continents largest producers of mouldings, doors, and windows. It operates 11 manufacturing plants and saw an estimated $250 million in sales in 2020. Source

May 2021: Builders FirstSource to acquire Cornerstone for $400 million Cornerstone is the largest independently operated supplier of building materials in Arizona. Dallas-based Builders FirstSource Inc., a building material and service provider, announced it has agreed to acquire Cornerstone Building Alliance SW LLC for approximately $400 million, subject to adjustments.The acquisition will be funded through a combination of existing cash and credit facilities and is expected to close around the end of the second quarter of 2021. Source

December  2020: HDI Makes Third Acquisition of 2020 Canadian building products distributor acquires Rockford, Illinois-based distributor River City Millwork Inc. 
Building products distributor Hardwoods Distribution Inc. (TSX: HDI), Langley, British Columbia, this week announced that it has, through its subsidiary Rugby Holdings LLC, acquired River City Millwork Inc. for $4.2 million.Based in Rockford, Illinois, River City Millwork is a wholesale distributor of interior and exterior doors, custom millwork and other ancillary products. The company’s estimated annual sales are $14 million. It will operate under the Rugby brand name going forward. Source