United States Metal and Wood Doors Market Size, Share, and COVID-19 Impact Analysis, By Material (Wood, Metal), By Mechanism (Swinging, Sliding, Folding, Overhead), By Product Type (Interior, Exterior), By Application (Residential, Commercial and Institutional Building, Industrial, Others) and US Metal and Wood Doors Market Insights Forecasts to 2032.

Industry: Construction & Manufacturing

RELEASE DATE Dec 2023
REPORT ID SI3106
PAGES 200
REPORT FORMAT PathSoft

United States Metal and Wood Doors Market Insights Forecasts to 2032

  • The United States Metal and Wood Doors Market Size was valued at USD XX Billion in 2022.
  • The Market is Growing at a CAGR of 6.2% from 2022 to 2032.
  • The United States Metal and Wood Doors Market Size is expected to reach XX Billion by 2032.

 

United States Metal and Wood Doors Market

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The United States Metal and Wood Doors Market Size is Expected to reach USD XX Billion by 2032, at a CAGR of 6.2% during the forecast period 2022 to 2032.

 

Market Overview

Doors are barriers that are installed in buildings or closed spaces to allow entry and exit from an enclosure. Although hinges are the most common method of movement used to install a door, several other methods, such as counterbalancing or slides, are also used. The United States metal and wood doors market is expected to maintain robust growth in the coming years, particularly the commercial construction division of the sector. Given the critical importance of smart cities in providing sustainable development to urban growth, smart city construction is expected to skyrocket in the coming years. A surge in the construction of commercial facilities and spaces, such as colleges, hotels, and hospitals, is expected to boost market growth prospects. Furthermore, favorable Foreign Direct Investment (FDI) policies and government assistance in the form of tax breaks are fueling commercial construction projects, thereby increasing demand for an increasing number of doors in the country.

 

Report Coverage

This research report categorizes the market for the United States metal and wood doors market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United States metal and wood doors market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United States metal and wood doors market.

 

United States Metal and Wood Doors Market Report Coverage

Report CoverageDetails
Base Year:2022
Market Size in 2022:USD XX Billion
Forecast Period:2022-2032
Forecast Period 2022-2032 CAGR:6.2%
2032 Value Projection:USD XX Billion
Historical Data for:2018-2021
No. of Pages:200
Tables, Charts & Figures:120
Segments covered:By Material, By Mechanism, By Product Type, By Application and COVID-19 Impact Analysis.
Companies Covered:Masonite, Andersen Corporation, Simpson Door Company, Jeld-Wen, Inc., PGT, Cornerstone Building Brands, ARCAT, Lacantina Doors, Pella Corporation, The Lyon & Billard Lumber Co., Atrium, Marvin, Therma-Tru Corp, Steve Door, TruStile Doors and Other Key Vendors.
Pitfalls & Challenges:COVID-19 Empact, Challenge, Future, Growth, & Analysis

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Driving Factors

Significant growth in the construction industry in the United States is creating a positive outlook for the metal and wood door market in the United States. Doors are commonly used as a barrier to provide access to the inside of a building or rooms and to facilitate views in both residential and non-residential structures. Accordingly, widespread product adoption as a result of extensive investments in home remodeling and renovation activities favors market growth during the forecast period. Aside from that, product innovations such as the introduction of fire protection and sound insulation doors, which aid in improving concentration and preventing fire spread, are driving market growth. Furthermore, rapid technological advancements, such as the introduction of smart locks on doors integrated with artificial intelligence (AI) and fingerprint recognition systems, which help to improve security and reduce reliance on physical keys for access, are positively impacting market growth over the forecast period. Other factors such as widespread product adoption in the automotive industry, increased infrastructure projects, and rising consumer expenditure capacities are expected to drive market growth during the forecast period.

 

Restraining Factors

The high initial cost of the doors is a barrier to market expansion. It is expected that a lack of knowledge about the benefits of doors in rural and developing countries will limit the growth of the US metal and wood doors market. Furthermore, the high initial cost of environmentally friendly doors is expected to have a negative impact on market growth during the forecast period. As a result, these factors are expected to limit United States metal and wood doors market growth over the forecast period.

 

Market Segment

  • In 2022, the wood segment is expected to hold the largest share of the United States metal and wood doors market during the forecast period.          

Based on the material, the United States metal and wood doors market is classified into wood and metal. Among these, the wood segment is expected to hold the largest share of the United States metal and wood doors market during the forecast period. The growth can be attributed to the traditional use of wood in households owing to its robust nature and the ability to endure harsh environmental conditions. Wood also has corrosion resistance, durability, and good insulation properties. Wood is expertly crafted to give the home or office a luxurious appearance. Residential building construction is expected to increase demand for wooden doors during the forecast period.

 

  • In 2022, the swinging segment accounted for the largest revenue share over the forecast period.

Based on the mechanism, the United States metal and wood doors market is segmented into swinging, sliding, folding, and overhead. Among these, the swinging segment has the largest revenue share over the forecast period. The construction industry’s gaining popularity is significantly accelerating the growth of the swing doors market. Furthermore, key factors such as the segment's significant role in retail, healthcare, and other infrastructure in separating entering and exiting traffic may have a positive impact on its growth. Furthermore, the growing adoption of fully sensor-operated swing doors for safe hands-free operation is expected to drive U.S. metal and wood doors market growth during the forecast period.

 

  • In 2022, the exterior segment accounted for the largest revenue share over the forecast period.

Based on the product type, the United States metal and wood doors market is segmented into interior and exterior. Among these, the exterior segment had the largest revenue share over the forecast period.  The increased safety and security provided by the product can be attributed to the growth. Furthermore, automatic exterior doors are available in a variety of styles, shapes, colors, finishes, and designs. Growing technological advancements in the construction sector are expected to drive the market during the forecast period.

 

  • In 2022, the residential segment accounted for the largest revenue share over the forecast period.

Based on the application, the United States metal and wood doors market is segmented into residential, commercial and institutional building, industrial, and others. Among these, the residential segment has the largest revenue share over the forecast period. This is due to shifting preferences and trends, which may necessitate renovations and replacements. Green buildings are becoming more popular, particularly in the United States, where various regulations require the use of sustainable and energy-efficient materials in residential buildings.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the United States metal and wood doors market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Masonite
  • Andersen Corporation
  • Simpson Door Company
  • Jeld-Wen, Inc.
  • PGT
  • Cornerstone Building Brands
  • ARCAT
  • Lacantina Doors
  • Pella Corporation
  • The Lyon & Billard Lumber Co.
  • Atrium
  • Marvin
  • Therma-Tru Corp
  • Steve Door
  • TruStile Doors
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting and Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Development

  • In November 2023, Pella Corporation announced that it has completed the acquisition of Lawson Industries, Inc., a manufacturer of aluminum windows and doors. This transaction strengthens Pella's presence in Florida and allows the company to serve all customers and channels with a diverse portfolio of materials, brands, and services.

 

  • In November 2022, Gov. Brian P. Kemp stated that Steves & Sons, Inc., a high-volume, family-owned millwork manufacturer, will invest more than $100 million and create 170 jobs in Jackson County over the next three years. This is the company's second announcement of expansion in Georgia in the last year.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2021 to 2032. Spherical Insights has segmented the United States metal and wood doors market based on the below-mentioned segments:

 

United States Metal and Wood Doors Market, By Material

  • Wood
  • Metal

 

United States Metal and Wood Doors Market, By Mechanism

  • Swinging
  • Sliding
  • Folding
  • Overhead

 

United States Metal and Wood Doors Market, By Product

  • Interior
  • Exterior

 

United States Metal and Wood Doors Market, By Application

  • Residential
  • Commercial & Institutional Building
  • Industrial
  • Others

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