The ‘Global Vinyl Windows Market Size Report and Forecast 2024-2032’ by Expert Market Research gives an extensive outlook of the global vinyl windows market, assessing the market on the basis of its segments like types, applications, end uses, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.
Vinyl Windows Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2032)
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- Historical Market Size (2023): Approximately USD 29.35 Billion
- Forecast CAGR (2024-2032): 4.50%
- Forecast Market Size (2032): Around USD 38.22 Billion
Rapid urbanisation, combined with growing economies and increasing population, is driving the global vinyl windows market growth. Such factors have also led to a rise in home development and renovation projects. This is driving the demand for vinyl windows in residential construction and renovation activities as they are more affordable and boast superior quality than regular windows.
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Vinyl windows provide resistance against extreme weather and do not rot, mould or warp due to moisture and dampness. Along with this, they are durable and energy efficient. The maintenance cost of vinyl windows is very less, and their regular repair or maintenance is not required. Due to these benefits, vinyl windows find extensive applications in non-residential buildings such as hospitals, education institutions, government buildings, and public facilities, among others.
Casement windows represent a significant share in the global vinyl windows market. These windows open like a door, provide acoustic insulation and bushfire resistance, and have excellent safety features, which make them extremely popular in residential and commercial sectors. Additionally, growing environmental concerns are propelling the use of casement windows as they are known for their maximum energy-saving features.
Vinyl Windows Industry Definition and Major Segments
Vinyl windows, also known as PVC windows, are windows that are made using polyvinyl chloride, a plastic material. The windows are water-resistant, soundproof, and energy efficient, and they are a popular choice in commercial and residential construction activities.
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Based on type, the market is segmented into:
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- Single and Double-Hung Window
- Casement Window
- Picture Window
- Gliding Window
- Others
On the basis of application, the market is divided into:
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- New Construction
- Renovation and Reconstruction
Based on end use, the market is segregated into:
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- Residential
- Non-Residential
The major regional markets for vinyl windows include:
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- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Vinyl Windows Market Trends
The development of innovative vinyl windows with advanced properties are expected to propel the growth of the global vinyl windows market. Key players are combining vinyl with wood and aluminium to boost its durability and offering customised vinyl windows. Moreover, the increasing availability of vinyl windows in different sizes, shapes, colours, and textures provides customers with a wide range of variety to choose from, which is significantly boosting their sales.
The growing environmental consciousness is driving a shift towards vinyl windows. Vinyl windows are an excellent thermal insulator and do not conduct heat easily, assisting in reducing energy expenses and enhancing the energy efficiency of buildings.
The Asia Pacific region holds a considerable share in the global vinyl windows market due to growing construction activities, especially in India and China. Meanwhile, Europe is anticipated to show significant growth over the forecast period owing to government regulations aimed at boosting the energy efficiency of buildings.
Key Market Players
The major players in the global vinyl windows market report are Andersen Corporation, Pella Corporation, Milgard Manufacturing, LLC, Harvey Windows + Doors, Castle Windows, Champion Opco LLC, NT WINDOW, Elite Vinyl Windows Inc., YKK AP America Inc., Cornerstone Building Brands, Inc., Earthwise Group, LLC, and Simonton, LLC, among others.
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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