Doors Market market is expected to grow at a CAGR of 6.1% during the forecasted period | Evolve Business Intelligence

As per the study initiated by Evolve Business Intelligence, the global Doors Market size accounted for USD 135.2 Billion in 2023, growing at a CAGR of 6.1% from 2023 to 2033. A door is a movable barrier that allows ingress (entry) into and egress (exit) from an enclosure. The created opening in the wall is a doorway or portal. A door's essential and primary purpose is to provide security by controlling access to the doorway (portal). Conventionally, it is a panel that fits into the doorway of a building, room, or vehicle. Doors are generally made of a material suited to the door's task. They are commonly attached by hinges but can move by other means, such as slides or counterbalancing.
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With the rise of smart homes, doors can also be equipped with various technologies, such as smart locks, sensors, and automation. Factors driving this market might include the growing interest in home automation, security concerns, and advancements in IoT (Internet of Things) technologies. In the context of furniture, doors are commonly found in cabinets, wardrobes, and other storage units. Factors driving this market include design trends, consumer preferences for certain materials, and innovations in space-saving furniture. For businesses that manufacture doors or operate in the retail sector selling doors, factors driving the market involve changes in consumer demand, competitive pricing, and innovations in manufacturing processes.
Key Players
Some of the major Doors Market players holding high market shares include Signify (Philips Lighting), Legrand S.A., Acuity Brands Inc., and Eaton Corporation. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include Genera, Electric Company, OSRAM Light, Lutron Electronics, Zumtobel Group, Honeywell International Inc., Hubbell Incorporated
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Segmental Analysis
Based on type, the Doors market is segmented into Interior Doors and Exterior Doors. Interior Doors are used inside buildings, while Exterior Doors are used outside buildings. Interior Doors account for the largest share. This is because there are more interior doors in a typical building than exterior doors.
Based on material, the Doors market is Wood, Glass, Metal, Plastic, and Others. Wood is the most popular material for doors. This is because wood is a strong, durable, and aesthetically pleasing material.
Based on the mechanism, the Doors market is Swing Doors, Sliding Doors, Folding Doors, Revolving Doors, and Others. Swing Doors are the most popular mechanism for doors. Swing Doors are simple and easy to use, and they are suitable for a wide variety of applications.
Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

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