Composite Doors & Windows Market size was over USD 981.6 million in 2023 and is anticipated to cross USD 2.54 billion by 2036, witnessing more than 7.6% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of composite doors & windows is assessed at USD 1.04 billion. The growth of the market can be attributed to growing construction activities. According to an estimate till 2050, the global construction sector needs to construct an approximate 12,000 structures every day to accommodate the estimated 6 billion people who will live in cities (about 9 billion worldwide).
The global composite doors & windows market is estimated to garner a revenue of USD 2,325.33 Million by the end of 2031 by growing at a CAGR of 3.6% over the forecast period, i.e., 2022 – 2031. Further, the market generated a revenue of USD 1,640.59 Million in the year 2021. The growth of the composite doors & windows market can be attributed to growing construction activities. According to an estimate till 2050, the global construction sector needs to construct an approximate 12,000 structures every day to accommodate the estimated 6 billion people who will live in cities (about 9 billion worldwide).
Author Credits: Shweta Patidar
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