What is the Forecast for the uPVC Doors and Windows Industry?
The uPVC window and door market was estimated at US$1071 million in 2018 and is predicted to reach around US$1810 million by the end of 2025, growing at a compound growth rate of 7.84% during 2019-2025.
The market is expected to expand consistently in the mid-long term due to several motivating factors including a shortage of household units in the world and the building of many smart cities across the Globe. The growth of the uPVC doors and windows industry is expected to be driven by large high-rise apartments in expanding metro cities.
The announcement of 100 smart cities, increase in Foreign Direct Investment and the rapidly growing middle class, all give a clear indication of the uPVC window and door market's opportunities and growth at an optimistic rate. With metropolitan cities becoming noisy and polluted, uPVC windows and doors are optimal solutions to abate noise and ensure clean air to breathe.