Market Scenario
India door market was valued at US$ 978.17 Mn in 2022 and is projected to reach US$ 1,601.04 Mn by 2030 at a CAGR of 6.2% during the forecast period 2023-2030.
The rapidly growing and competitive door market in India presents opportunities for both existing and new players in the industry. The increasing demand for doors in the construction and real estate sectors, as well as in the renovation and replacement markets, offers the potential for growth and expansion of business operations.
However, in a competitive market like this, it has become crucial for businesses to differentiate themselves from their competitors by offering high-quality products, innovative solutions, and excellent customer service. Today, companies in the country are focusing on providing value-added services such as customized design options, installation and after-sales services, and financing options to gain a competitive edge in the market.
In addition, businesses are keeping up with changing customer preferences and industry trends, such as eco-friendliness and energy efficiency, to stay relevant in the market. By investing in research and development, companies can develop new products that cater to evolving consumer needs and stay ahead of the competition.
Furthermore, the market is witnessing a significant surge in the number of partnerships and collaborations with other players in the industry to expand their product offerings, enter new markets, and enhance their distribution channels. For instance, a door manufacturers are partnering with architectural firms to provide customized door solutions for their clients.
Market Dynamics:
Favorable Government Initiatives
The Indian government has launched several initiatives to promote the growth of the construction sector and provide affordable housing to the country's growing population. One of the key initiatives is the Affordable Housing Scheme, which aims to provide affordable and quality housing to economically weaker sections and low-income groups. This initiative is expected to create significant demand for doors, as new homes are built to meet the growing demand for affordable housing.
In addition to the Affordable Housing Scheme, the government has also launched other initiatives such as the Pradhan Mantri Awas Yojana, the Deen Dayal Upadhyaya Grameen Kaushalya Yojana, and the National Rural Livelihoods Mission. These initiatives are aimed at boosting the construction sector and driving job creation, while also improving the quality of life for people living in rural and urban areas. The growth of the construction sector is expected to drive demand for doors and other building materials, which presents a significant opportunity for businesses operating in this industry.
Furthermore, the government is also promoting sustainable development in the construction sector, with a focus on green buildings, energy efficiency, and environmental sustainability. This presents an opportunity for businesses to develop and offer eco-friendly and energy-efficient doors that meet the growing demand for sustainable building materials.
Technological Advancements
Technological advancements have played a significant role in shaping the door market in India. With advances in materials science, manufacturing processes, and digital technologies, doors are now more durable, secure, and energy-efficient than ever before.
Some of the technological advancements that have impacted the door market include:
Segmental Analysis:
By Product Type
The Indian door market is categorized into two main segments, interior doors and exterior doors. Among these, the interior doors segment holds the largest share of the market. This is due to the widespread use of interior doors in various types of buildings, including homes, offices, and commercial buildings, to provide privacy, divide rooms, and create functional living or working spaces.
Interior doors are available in different materials such as wood, metal, glass, and composites, and can be designed to suit different styles and needs such as sliding doors, hinged doors, and pocket doors. The versatility and functionality of interior doors make them an important segment of the door market, and they are expected to continue to drive growth in the industry in the coming years.
Moreover, the growing demand for high-quality and stylish doors, combined with the increasing adoption of home automation and smart home technologies, is expected to further boost the demand for interior doors in the Indian market. This presents an opportunity for businesses to develop innovative and technologically advanced interior doors to cater to the evolving needs and preferences of consumers.
By Material:
In terms of material, the market is segmented into wood, engineered wood, metal, glass, plastic and composite. Engineered wood doors occupied the highest segmental share in India door market in 2022, due to their affordability, durability, and versatility. Engineered wood doors are made from a combination of real wood and other materials, such as particleboard, MDF, or HDF, and they offer many benefits over solid wood doors, such as improved stability, resistance to moisture, and lower costs.
By Door Type:
Based on door type, the market is categorized into solid, wood doors, flush doors, panel doors and others. Flush doors are a popular type of door in the Indian market, and they have held a significant share of the market based on door type in 2022. Flush doors are characterized by a flat surface, with the door panels and frame made from the same material, such as solid wood, engineered wood, or metal. Flush doors are popular in India because they are simple, versatile, and affordable. They are commonly used in residential, commercial, and industrial buildings, and they can be used for a variety of applications, such as interior doors, exterior doors, and cabinet doors.
By Mechanism:
Based on mechanism, the market is segmented into standard doors, folding doors, overhead doors, sliding doors, swinging doors and others. Among these, sliding door is estimated to grow at the highest CAGR during the forecast period. Sliding doors are popular in India due to their versatility and convenience. They are commonly used for interior and exterior doors, as well as for wardrobe and closet doors, and they are an ideal solution for spaces with limited room for a swinging door.
The high market share of sliding doors in India is a reflection of the growing demand for functional and convenient door solutions. Additionally, advances in materials and manufacturing processes have allowed for the production of higher quality and more durable sliding doors, further driving their popularity in the Indian market.
By Application:
Based on application, the market is segmented into residential and commercial. Among these, residential doors held the highest segmental share in 2022. The growing demand for affordable housing, combined with the increasing urbanization and rising standard of living, has driven the demand for doors in the residential sector in India. Doors are an essential component of homes, and they play a critical role in providing privacy, security, and comfort.
List of Key Companies Profiled:
Segmentation Overview
By Product Type
By Material
By Application
By Mechanism
Report Attribute | Details |
---|---|
Market Size Value in 2022 | US$ 978.17 Million |
Expected Revenue in 2030 | US$ 1,601.04 Million |
Historic Data | 2017-2021 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Unit | Value (USD Mn) |
CAGR | 6.2% (2023-2030) |
Segments covered | By Product Type, By Material, By Application, By Mechanism |
Key Companies | Beautex, Century Doors, D. S. Doors India, DORMA, Duroplast Extrusions, Fenesta Building Systems, Geeta Aluminum Company, Hifab Aluminum Pvt. Ltd, Kalco Alu-systems Pvt.Ltd, KONE India, Lumani Schuco, Magna International, Mahavir Aluminum, Reynaers Aluminum, Sapa Building System, Welltech Systems, Other Prominent Players |
Customization Scope | Get your customized report as per your preference. Ask for customization |
India door market is projected to grow a CAGR of 6.2% and reach a valuation of US$ 1,601.04 Mn by 2030.
The India door market is estimated to reach a valuation of US$ 978.17 Mn in 2022.
The India door market is studied from 2017-2030.
The India door market is studied from 2023-2030.
The different segmentations covered in the market are product type, material, wood species, wood type, application and mechanism.
Increase in construction activities in India and growing focus of residents in home renovations are key opportunities for the market.
Based on material, the door market is segmented into wood, engineered wood, metal, glass, plastic and composite. The engineered wood segment is estimated to have the highest market share in 2022.
Based on wood species, the door market is segmented into walnut, oak, teak, sheesham, mahogany, ebony, sal, deodar, pine, fir, red wood, cedar, and others, of which Teak holds highest share of ~30% in 2022.
Government Initiatives for smart city development and ongoing innovations in door design and material are key areas of opportunity for the market.
Fluctuating cost of raw material and challenges related to procurement of wood for door making are few critical inhibiting factors affecting the market.
Based on wood type, softwood is projected to grow with a leading CAGR of 5.4%
Based on mechanism, the market is segmented into standard doors, folding doors, overhead doors, sliding doors, swinging doors, and others.