Japan windows and doors market refers to the industry that deals with the manufacturing, distribution, and installation of windows and doors in the country of Japan. This market is a part of the broader construction and building materials industry in Japan.
The windows and doors market in Japan is influenced by various factors:
Construction and Real Estate Industry: The demand for windows and doors is closely tied to the construction and real estate sectors. New construction projects, as well as renovation and replacement activities, drive the demand for windows and doors.
Building Regulations and Standards: Japan has stringent building codes and regulations that govern the construction and safety requirements for buildings, including specifications for windows and doors. Compliance with these regulations shapes the market for windows and doors.
Technological Advancements: The industry experiences ongoing technological advancements in window and door design, materials, and energy efficiency. Innovations in glass technology and frame materials impact consumer choices.
Demographic Factors: Japan's aging population has led to a growing demand for products that cater to accessibility and ease of use, which includes doors and windows with user-friendly features.
The windows and doors market in Japan encompasses the production, distribution, and installation of a wide range of products used in residential, commercial, and industrial buildings. Windows and doors are integral components of any building, serving functional, aesthetic, and energy-efficiency purposes.
According to a new report published by Allied Market Research, titled, Japan Windows and Doors Market by Door Type, Material, Mechanism, and End User: Opportunity Analysis and Industry Forecast, 2017-2023, the Japan Windows and doors market was valued at $9,756 million in 2016, and is projected to reach at $14267, million by 2023, growing at a CAGR of 5.6% from 2017 to 2023. Doors market is expected to be the leading contributor to the Japans windows and doors market.
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Advancements by market players, rise in residential & nonresidential construction activities, and surge in home remodeling expenditure foster the market growth. However, high cost of eco-friendly products is projected to hinder the market growth. Rapid urbanization and industrialization in Japan, rise in consumer spending on home improvement, and growth in new construction activities are expected to provide opportunities for market development.
The Japan windows market is segmented based on material type into wood, metal, and plastic. In 2016, the wood segment accounted for around 43% of the total windows market revenue, owing to the high dimensional stability and durability & resistance to fire and chemicals, often preferred in the commercial sector. The plastic segment is expected to witness increased usage in light commercial and institutional applications, registering the highest growth rate during the forecast period.
The Japan doors market is segmented based on material type into wood, metal, glass, fiberboard, fiberglass, and vinyl. In 2016, the wood segment accounted for around 25% of the total doors market revenue, owing to high dimensional stability and durability & resistance to fire and chemicals offered by wood, often preferred in the commercial sector. The fiberboard segment is anticipated to witness increased usage in residential applications, growing at the highest CAGR of 6.1%.
Key Findings of the Japan Windows and Doors Market:
- In 2016, the wood segment accounted for around 43% of the total windows market revenue,
- In 2016, the wood segment accounted for around 25% of the total doors market revenue, owing to high dimensional stability and durability & resistance to fire and chemicals offered by wood, often preferred in the commercial sector.
- The fiberboard segment is anticipated to witness increased usage in residential applications, growing at the highest CAGR of 6.1%.
Leading players profiled in the report include Atrium Corporation, Arbo Windows, LIXIL Group Corporation, M SORA, Nabtesco Corporation, NENDO, Open Door Inc., Sankyo Tateyama Inc., WUXI FEILONG DOOR INDUSTRY CO. LTD., and YKK AP Inc.
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