At 6.1% CAGR, the Asia Pacific Wooden Interior Doors Market is projected to be worth US$ 10,458.78 million by 2028, says Business Market Insights

According to Business Market Insights research, the Asia Pacific wooden interior doors market was valued at US$ 7,324.47 million in 2022 and is expected to reach US$ 10,458.78 million by 2028, registering a CAGR of 6.1% from 2022 to 2028. Massive increase in construction projects and use of CNC machines for woodworking are the critical factors attributed to the Asia Pacific wooden interior doors market expansion.

In the era of growing urbanization, the construction sector is flourishing at a massive rate. With rising construction projects, the demand for related components, including furnishing products such as interior doors, is also booming. Therefore, to keep up with the pace of growing urbanization without leaving any harmful impact on environment, sustainable forestry is being implemented. Sustainable forestry focuses on saving natural forests by implementing afforestation and reforestation, as well as using reduced-impact logging techniques.

Also, the expanding conceptualization of sustainable forest management and rising forest area are among the factors creating a positive impact on green recovery and carbon-neutral economies. For instance, replacing a non-wood material with wood is capable to avoid carbon emissions of 0.9 kg of carbon for every 1 kg of carbon on an average.

It has been estimated that housing will continue, and therefore, finding suitable solution is a must to fulfil the demand of urbanized population. It is predicted that 3 billion people (nearly 40% of the world population) would require new housing facilities by 2030 that translates into a demand for approximately 300 million new dwellings. Thus, the above-mentioned growing demand for housing, coupled with the need for safe environment, is propelling the concept of sustainable forestry. This aspect will have a positive impact on the Asia Pacific wooden interior doors market growth.

On the contrary, availability of alternative and low-cost material hampers the Asia Pacific wooden interior doors market.

Based on type, the Asia Pacific wooden interior doors market is segmented into panel door, bypass door, bifold door, pocket door, and others. The panel door segment held 58.6% share of Asia Pacific wooden interior doors market in 2022, amassing US$ 4,294.69 million. It is projected to garner US$ 6,306.59 million by 2028 to expand at 6.6% CAGR during 2022–2028. 

Based on mechanism, the Asia Pacific wooden interior doors market is segmented into swinging, sliding, folding, and others. The swinging segment held 54.5% share of Asia Pacific wooden interior doors market in 2022, amassing US$ 3,992.80 million. It is projected to garner US$ 5,830.58 million by 2028 to expand at 6.5% CAGR during 2022–2028.

Based on end-user, the Asia Pacific wooden interior doors market is segmented into residential and non-residential. The residential segment held 57.5% share of Asia Pacific wooden interior doors market in 2022, amassing US$ 4,211.54 million. It is projected to garner US$ 6,098.16 million by 2028 to expand at 6.4% CAGR during 2022–2028.

Based on country, the Asia Pacific wooden interior doors market has been categorized into China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. Our regional analysis states that the China captured 36.1% share of Asia Pacific wooden interior doors market in 2022. It was assessed at US$ 2,642.42 million in 2022 and is likely to hit US$ 3,979.57 million by 2028, exhibiting a CAGR of 7.1% during 2022–2028.      

Key players operating in the Asia Pacific wooden interior doors market are Century Ply, Door Plus, Jeld-Wen Holding Inc., and Marvin Ltd, among others.

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