Door & Window Market is Expected to Witness a Substantial Growth Through 2025
Rapid infrastructural activities and improving economic factors are acting as key growth drivers for Qatar door & window market.
According to TechSci Research report, “Qatar Door & Window Market By Product Type (Door & Window), By Material Type (Metal, Wood, Plastic & Others), By End User (Residential, Office, Retail, Education, Hospitality, Healthcare & Others), By Region, Forecast & Opportunities, 2025”, the market is anticipated to undergo a substantial CAGR during the forecast period. Key factors propelling the growth of Qatar door & window market are strong growth in furniture industry, improved standard of living and rapid infrastructural development activities. The country is witnessing rise in construction of new commercial and residential spaces which is leading to high demand for doors and windows. Moreover, rise in per capita disposable income and improving economic conditions of the country are also serving as major growth factors for Qatar door & window market. With entry of foreign door & window exporters and rise in demand for modern designs, the market is poised to grow significantly over the next five years.
Additionally, manufacturers are coming up with low cost and low maintenance doors & windows which is attracting new customers. The market is also observing replacement of aluminum by eco-friendly plastic owing to growing awareness towards environment protection. Furthermore, availability of advanced designs such as fully reversible windows and doors is also expected to propel the growth of Qatar door & window market through 2025. The increasing population and government’s initiatives to offer affordable housing to people are other significant factors supporting the growth of this market. Apart from this, Qatar is also witnessing increasing consumer spending on home improvement and renovation activities which is providing profitable growth opportunities for door and window manufactures.
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Qatar door & window market can be segmented based on product type, material type, end user, distribution channel and region. Based on material type, the market can be categorized into metal, wood, plastic, and others. Among them, the plastic segment witnessed high demand in 2019 and is further anticipated to dominate the market over the forecast period owing to growing demand for uPVC doors and windows in the country. Moreover, these windows & doors are finding wide application as they are light weight, durable, corrosion resistance and provide ease of installation. uPVC doors and windows are also being used as a substitute of wood and are considered a reliable building material.
Based on end user, Qatar door & window market can be segmented into residential, office, commercial, education, hospitality, and others. Among them, the residential sector is expected to lead the market during the forecast period owing to the increasing residential construction activities in the country. Moreover, with rise in per capita disposable income, people are spending more on home aesthetic items which is also fostering the growth of door & window market.
Major players operating in Qatar door & window market are Nabco Group, AL Abdulkader Furniture Co. Ltd., Al Sharq Furniture, Garnet Furniture & Decoration Co WLL, Flexwindows and QATAR KUWAIT COMPANY FOR UPVC, among others. Leading market players are undergoing growth strategies such as new product launches and introducing latest designs to enhance their product portfolio in Qatar door & window market. Other growth strategies include mergers & acquisitions, partnerships, and joint ventures.
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“Qatar door & window market depends majorly on imports and low import duties are acting as booster for the market. Also, rise in number of furniture retail chains is augmenting the door & window market growth. Furniture companies are now including latest technologies in door & windows which is expected to give an edge to the growth of Qatar door & window market in coming years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Qatar Door & Window Market By Product Type (Door & Window), By Material Type (Metal, Wood, Plastic & Others), By End User (Residential, Office, Retail, Education, Hospitality, Healthcare & Others), By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of door & window market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Qatar door & window market.
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