Dublin, Aug. 23, 2021 (GLOBE NEWSWIRE) — The “Europe Garage Doors Market – Industry Outlook & Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.
The Europe garage doors market is expected to reach USD 2.87 billion by 2026, growing at a CAGR of 3.68%.
Garage doors of all segments have an established market across Europe, driven by the demand for new units. Increasing demand for energy-efficient doors is driving the global trend of energy conservation. Builders integrate high-efficiency garage doors in their portfolio, which provides consumers with improved thermal efficiency and saves their expenses.
The government is promoting innovative commercial doors and windows to aid high energy consumption and reduce carbon footprint. Due to expected changes in energy consumption policies by government agencies, the Europe garage doors market is expected to witness a surge in demand.
Automated and remote-controlled operations are the latest technological advancements that are likely to gain high traction in the doors industry. There is also a vast scope of investment in research and development in the market pertaining to disruption in demand and supply of resources. The UK was the largest market for doors and windows market in Europe as of 2020.
Europe Garage Doors Market Segmentation Analysis
The demand for sectional doors is rapidly increasing as one of the most prevalent choices among consumers and will continue to grow during the forecast period. In terms of design options, sectional doors have more room for personalization, as it has a wide range of design differences, whereas roller doors have limited design.
In terms of material used, Aluminum doors remain the favorable option in commercial spaces since it is lighter than steel and iron and is also naturally resistant to corrosion and rust and offers good durability and strength. The demand for wooden materials has been higher in Western Europe and Nordic countries.
The UK holds the largest European garage doors market share, due to the installation of doors in new construction and renovation activities. In Germany, factors such as low-interest rates, a rising immigrant population, and job security support the growth of construction which, in turn, will increase the demand for garage doors in the country. In emerging regions of Central and Eastern Europe, rapidly developing infrastructure and construction output are driving the growth of the garage doors market.
The garage doors market in Europe is highly fragmented, with several established manufacturers holding a significant share. Following the regional trend for energy conservation, vendors are integrating high performance doors in their product portfolio. The growth of the vendors depends on market conditions, technological innovations, and industry development.
The key players in the Europe garage doors market are Garador, Hormann, Novoferm, Teckentrup. Vendors must pursue growth by acquisitions as numerous small-scale players are active in towns and small regions. Vendors should focus on improving their geographical presence by finding partners in emerging countries.
Other Prominent Vendors
- Assa Abloy
- Cedar Door
- Nassau Door
- Rundum Meir
- VKR holdings
- Woodrite Doors
Key Topics Covered:
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of the Study
4.4 Market Segments
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7.2 Construction Overview in Europe
7.3 Innovation in Garage Doors
7.4 Impact Of COVID-19
8 Market Opportunities & Trends
8.1 Improvement in Operation & Functionalities Of Garage Doors
8.2 Investments in Research & Development
9 Market Growth Enablers
9.1 New Construction & Increasing Home Enhancement Activities
9.2 Post-Covid Recovery of European Tourism Industry
9.3 Rising Housing Investments
10 Market Restraints
10.1 Volatility in Raw Material Prices
10.2 Variations in Construction Industry
11 Market Landscape
11.1 Market Size & Forecast
11.2 Five Forces Analysis
12 Door Type
12.1 Market Snapshot & Growth Engine (Revenue)
12.2 Market Snapshot & Growth Engine (Units)
12.3 Market Overview
12.4 Sectional Garage Doors
12.5 Roller Garage Doors
12.6 Up and Over Garage Doors
12.7 Side Hinged Garage Doors
12.8 Side Sliding Garage Doors
13.1 Market Snapshot & Growth Engine (Revenue)
13.2 Market Snapshot & Growth Engine (Units)
13.3 Market Overview
14.1 Market Snapshot & Growth Engine (Revenue)
14.2 Market Snapshot & Growth Engine (Units)
14.3 Market Overview
15.1 Market Snapshot & Growth Engine (Revenue)
15.2 Market Snapshot & Growth Engine (Units)
15.3 Market Overview
16.1 Market Snapshot & Growth Engine (Revenue)
16.2 Market Snapshot & Growth Engine (Units)
16.3 Country Overview
17 Competitive Landscape
17.1 Competition Overview
18 Key Company Profiles
19 Other Prominent Vendors
19.2 ASSA Abloy
19.6 Cedar Door
19.11 Nassau Door
19.13 Rundum Meir
19.17 VKR Holding
19.18 Woodrite Doors
For more information about this report visit https://www.researchandmarkets.com/r/7oi95q