DUBLIN, August 23, 2021– (COMMERCIAL THREAD)–The “Europe Garage Door Market – Industry Outlook and Forecast 2021-2026” report was added to ResearchAndMarkets.com offer.
The European garage door market is expected to reach USD 2.87 billion by 2026, growing at a CAGR of 3.68%.
Garage doors from all segments have an established market across Europe, driven by demand for new units. The growing demand for energy efficient doors is driving the global trend towards energy conservation. Builders are incorporating high efficiency garage doors into their portfolio, providing consumers with improved thermal efficiency and lower costs.
The government promotes innovative commercial windows and doors to promote high energy consumption and reduce the carbon footprint. Due to expected changes in energy consumption policies by government agencies, the European garage door market is expected to experience increased demand.
Automated and remote-controlled operations are the latest technological advancements that are likely to gain popularity in the door industry. There is also a wide range of research and development investments in the market regarding the disruption of demand and supply of resources. The UK was the largest market for the window and door market in Europe in 2020.
Europe Garage Door Market Segmentation Analysis
The demand for sectional doors is growing rapidly as one of the most popular choices among consumers and will continue to grow during the forecast period. In terms of design options, sectional doors have more room for customization, as they have a wide range of design differences, while rolling doors have a limited design.
In terms of the material used, aluminum doors remain the favorable option in commercial spaces as they are lighter than steel and iron and are also naturally resistant to corrosion and rust and offer good durability and strength. . The demand for wood materials was higher in Western Europe and the Nordic countries.
The UK has the largest share of the European garage door market, due to the installation of doors in new construction and renovation activities. In Germany, factors such as low interest rates, a growing immigrant population and job security are supporting construction growth which, in turn, will increase the demand for garage doors in the country. In the emerging regions of Central and Eastern Europe, the rapid development of infrastructure and construction is driving the growth of the garage door market.
The garage door market in Europe is highly fragmented with several established manufacturers holding a significant share. Following the regional trend in energy saving, suppliers are integrating high performance doors into their product portfolio. Supplier growth depends on market conditions, technological innovations and industry development.
The main players in the European garage door market are Garador, Hormann, Novoferm, Teckentrup. Vendors must continue to grow through acquisitions as there are many small players active in cities and small regions. Vendors should focus on improving their geographic presence by finding partners in emerging countries.
Other important suppliers
Main topics covered:
1 Research methodology
2 Research objectives
3 Research process
4 Scope and coverage
4.1 Market definition
4.2 Reference year
4.3 Scope of the study
4.4 Market segments
5 Hypotheses and caveats in the report
5.1 Key caveats
5.2 Currency conversion
5.3 Market derivation
6 Market overview
7.2 Construction overview in Europe
7.3 Innovation in garage doors
7.4 Impact of COVID-19
8 Market opportunities and trends
8.1 Improved operation and functionality of garage doors
8.2 Investments in Research & Development
9 market growth catalysts
9.1 New construction and increased home improvement activities
9.2 Post-Covid recovery of the European tourism industry
9.3 Increased investment in housing
10 market restrictions
10.1 Commodity price volatility
10.2 Variations in the construction industry
11 Market landscape
11.1 Market Size and Forecast
11.2 Analysis of the five forces
12 types of doors
12.1 Market Overview and Growth Driver (Revenue)
12.2 Market Overview and Growth Engine (Units)
12.3 Market overview
12.4 Sectional garage doors
12.5 Roll-up garage doors
12.6 Overhead garage doors
12.7 Side-hinged garage doors
12.8 Side sliding garage doors
13.1 Market Overview and Growth Driver (Revenue)
13.2 Market Overview and Growth Engine (Units)
13.3 Market overview
14.1 Market Overview and Growth Driver (Revenue)
14.2 Market Overview and Growth Engine (Units)
14.3 Market overview
15 End user
15.1 Market Overview and Growth Driver (Revenue)
15.2 Market Overview and Growth Engine (Units)
15.3 Market overview
16.1 Market Overview and Growth Driver (Revenue)
16.2 Market Overview and Growth Engine (Units)
16.3 Country overview
16.4 United Kingdom
17 Competitive landscape
17.1 Competition overview
18 key company profiles
19 other major suppliers
19.2 ASSA Abloy
19.6 Cedar door
19.11 Nassau Gate
19.13 Rundum Meir
19.17 VKR Holding
19.18 Woodrite Doors
For more information on this report, visit https://www.researchandmarkets.com/r/n1rot7
See the source version on businesswire.com: https://www.businesswire.com/news/home/20210823005236/en/
Laura Wood, Senior Press Director
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