Global Sectional Doors Market Size, Trends and Growth opportunity, By Material (Steel, PVC, Fiberglass, Aluminium, Others), By Application (Exterior, Interior), By End-User (Residential, Non-Residential), By Region and forecast till 2027.
Report ID : IR100872 | Industries : Automotive and Transportation | Published On :March 2024 | Page Count : 206
Global Sectional Doors Market Size, Trends and Growth opportunity, By Material (Steel, PVC, Fiberglass, Aluminium, Others), By Application (Exterior, Interior), By End-User (Residential, Non-Residential), By Region and forecast till 2027.
Global Sectional Doors Market
Global Sectional Doors Market was valued at USD 5.4 Billion in 2021 and is slated to reach at USD 7.64 Billion by 2027 at a CAGR of 4.93% from 2022-2027.
Sectional doors, also known as panel doors, are constructed from sections and many panels that are connected together with sturdy hinges. Customised sectional doors are used to increase space and maintain high levels of security in residential homes, business spaces, factories, and warehouses. Materials for sectional door panels with multiple pieces include aluminium, steel, and glass. Torsion springs are commonly used in these doors. Businesses entering the sectional door market, as well as those already in the market, are increasing their product portfolios by focusing on design and technology.
Market Drivers
Sectional doors are used in both residential and non-residential buildings due to their numerous advantages. These doors may have windows and other inserts, in addition to a range of colors and textures. The availability of insulated and non-insulated sectional doors also improves its usability. Additionally, these doors do not swing out, allowing for better utilisation of the area adjacent to the door as well as unrestricted movement. Increased demand for consumer and industrial goods such as consumer durables, packaging materials, food and beverages, pharmaceuticals, and a variety of others has resulted in a manufacturing boom, particularly in emerging nations. The demand for sectional doors is expected to increase as the number of manufacturing facilities increases since these facilities use sectional doors because they can cover a big aperture. In order to prevent energy loss and lower electricity costs, sectional doors are insulated and help control and maintain internal temperature. Also, sectional doors assist conserve space since they are well insulated, which lowers noise levels. The opening of Sectional Doors causes it to rise up into the ceiling. As long as just lubricate them once a year, they are simple to maintain. The market expansion for sectional doors is anticipated to be fueled by all these benefits.
Market Restraints
Horizontal tracks, which are used by sectional doors, regrettably occupy a significant amount of ceiling space. Yet, most homeowners won't consider this a disadvantage because the extra floor space they get overcomes the negative impact on market expansion caused by the loss of some ceiling space. The availability of standard automated doors and alternative garage doors for residential and commercial applications is projected to impact sectional door manufacturers' profits. Sectional doors' high maintenance and replacement costs for customers, whether in commercial or residential settings, will impede market expansion.
Impact of COVID-19
The coronavirus swiftly spread across numerous countries and areas, having a massive influence on people's lives and the general community. It began as a human health issue and evolved into a major threat to global trade, economics, and finance. The COVID-19 epidemic had interrupted the production of several sectional door components around the world owing to lockdown. The
economic slowdown originally caused a fall in the manufacturing and construction sectors, resulting in a decline in the sectional door market's growth. When the COVID-19 epidemic broke out, demand has been totally at conflict with supply in the residential sector. Many homeowners were eager to build and improve their residential amenities while they were inside. Distributors or retailers are growing the gap between the supply of goods and their sales, which is seen as a key factor in the significant decline in available inventories.
Market Segmentation
Global Sectional Doors Market is segmented into Material, Application and End-User. By Material such as Steel, PVC, Fiberglass, Aluminium, Others. By Application such as Exterior, Interior. By End-User such as Residential, Non-Residential.
Regional Analysis
Global Sectional Doors Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Europe rules the global scene in terms of region. Because of the increased demand for commercial and industrial sectors, the area is driving global demand for sectional doors. Additionally, sectional garage doors are most widely utilised and preferred by residential consumers in countries such as the United Kingdom. The sectional door market in North America is also predicted to expand during the forecast period, owing to a constant increase in demand for remotely operated section doors as a result of the region's increased use of smart home technology systems.
Key Players
This report includes a list of numerous Key Players, namely ASSA ABLOY Group (Amarr), Avians Innovations Technology Pvt. Ltd., B&D Australia Pty Ltd., Hormann Group, Megadoors, Raynor Garage Doors, RJ Garage Doors, Sanwa, Holdings Corporation (Novoferm Group), Shanghai Kenvo Door Co., Ltd, and Steel-Line Garage Doors.
Market Taxonomy
By Materials
• Steel
• PVC
• Fiberglass
• Aluminium
• Others
By Application
• Exterior
• Interior
By End-User
• Residential
• Non-Residential
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Sectional Doors Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Sectional Doors Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Sectional Doors Market, By Materials
5.1 Y-o-Y Growth Comparison, By Materials
5.2 Global Sectional Doors Market Share Analysis, By Materials
5.3 Global Sectional Doors Market Size and Forecast, By Materials
5.3.1 Steel
5.3.2 PVC
5.3.3 Fiberglass
5.3.4 Aluminium
5.3.5 Others
6 Global Sectional Doors Market, By End-User
6.1 Y-o-Y Growth Comparison, By End-User
6.2 Global Sectional Doors Market Share Analysis, By End-User
6.3 Global Sectional Doors Market Size and Forecast, By End-User
6.3.1 Residential
6.3.2 Non-Residential
7 Global Sectional Doors Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Sectional Doors Market Share Analysis, By Application
7.3 Global Sectional Doors Market Size and Forecast, By Application
7.3.1 Exterior
7.3.2 Interior
8 Global Sectional Doors Market, By Region
8.1 Global Sectional Doors Market Share Analysis, By Region
8.2 Global Sectional Doors Market Share Analysis, By Region
8.3 Global Sectional Doors Market Size and Forecast, By Region
9 North America Sectional Doors Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Sectional Doors Market Share Analysis, By Materials
9.3 North America Sectional Doors Market Size and Forecast, By End-User
9.4 North America Sectional Doors Market Size and Forecast, By Application
9.5 North America Sectional Doors Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Sectional Doors Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Sectional Doors Market Share Analysis, By Materials
10.3 Europe Sectional Doors Market Size and Forecast, By End-User
10.4 Europe Sectional Doors Market Size and Forecast, By Application
10.5 Europe Sectional Doors Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Sectional Doors Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Sectional Doors Market Share Analysis, By Material
11.3 Asia Pacific Sectional Doors Market Size and Forecast, By End-User
11.4 Asia Pacific Sectional Doors Market Size and Forecast, By Application
11.5 Asia Pacific Sectional Doors Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific
12 Latin America Sectional Doors Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Sectional Doors Market Share Analysis, By Material
12.3 Latin America Sectional Doors Market Size and Forecast, By End-User
12.4 Latin America Sectional Doors Market Size and Forecast, By Application
12.5 Latin America Sectional Doors Market Size and Forecast, Country
12.5.1 Brazil
12.5.2 Rest of Latin America
14 Middle East Sectional Doors Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Middle East Sectional Doors Market Share Analysis, By Material
14.3 Middle East Sectional Doors Market Size and Forecast, By End-User
14.4 Middle East Sectional Doors Market Size and Forecast, By Application
14.5 Middle East Sectional Doors Market Size and Forecast, By Country
14.5.1 Saudi Arabia
14.5.2 UAE
14.5.3 Egypt
14.5.4 Kuwait
14.5.5 South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 ASSA ABLOY Group (Amarr)
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Avians Innovations Technology Pvt. Ltd
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 B&D Australia Pty Ltd.
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Hormann Group
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Megadoors
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Raynor Garage Doors
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 RJ Garage Doors
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Sanwa, Holdings Corporation (Novoferm Group)
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Shanghai Kenvo Door Co. Ltd
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Steel-Line Garage Doors
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies