Global Residential Interior Door Revenue Was About 10495.94 M USD By The End Of 2018
Residential interior door
is covered the interior door used in residential such bedroom and living room, bathroom and so on. This report covered the sliding doors, pocket doors, folding doors, flush doors, barn doors, panel doors by type and steel, wood, Glass doors by material.
The global Residential Interior Door revenue was about 10495.94 M USD by the end of 2018, which is expected to reach 13369.03 M USD in 2024. Overall, the Residential Interior Door products performance is positive with the current environment status.
Currently, there are many players in the market, Masonite, Jeld-Wen, ASSA?ABLOY, Andersen, Hormann and some others are playing important roles in Residential Interior Door industry. The market is not so concentrated for now and is seeing to be more dispersed.
In Consumption market, revenue of Residential Interior Door in APAC will increase to be 4611.69 M USD in 2024 from 3517.58 M USD in 2018, took about 33.51% market share in 2018, which is the biggest consumption area in current market pattern. Europe ranks the second largest consumption area, with sales revenue and market share of 3374.16 M USD and 32.15% in 2018.
There are many different types of Residential Interior Door. The market can be segmented into: Wood?Interior?Door, Glass?Interior?Door Composite?Interior?Door and Other. Wood Interior Door is the most commonly used and efficient types and took 29.60% market share in 2018. By application, Bedroom?and?Living?Room is the largest consumer group, with consumption market share of 44.87% in 2018.
In the past few years, the price of Residential Interior Door shown a slightly decreasing trend and we expect the price may keep the trend in a short period. However, as the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of Residential Interior Door. Therefore, to some extent, the companies are facing a risk of profit decline.
Companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The total competition market for Residential Interior Door will become more intense, while the market is going to be more concentrated for high end Residential Interior Door.