With the growing urban population, the need for high-rise buildings has increased in urban areas. According to the Council on Tall Buildings and Urban Habitat (CTBUH), 1,480 skyscrapers with heights greater than 200 m have been built in the last 20 years in the US. The number also includes 40 new residential skyscrapers constructed during 2019–2022. The surge in construction work across residential, commercial, and several industries owing to growing urbanization is driving growth of interior doors. Government bodies are putting additional emphasis on strengthening the construction and infrastructural development, which is further enduring the demand for interior doors.
Moreover, investment to renovate old buildings and structures, and increasing inclination toward greener future are boosting the scope of green buildings, which is further nurturing the construction sector.
North America is segmented into the US, Canada, and Mexico. Growing construction industry and improving standards of living of consumers in the region are the crucial factors assisting the North America wooden interior doors market growth. The number of single-family homes and privately‐owned housing under construction increased to the highest level in North America since 2010.
• According to the US Census Bureau and the U.S. Department of Housing and Urban Development's new residential construction statistics, privately‐owned housing completions were at an annual rate of 1,309,000 in February 2022, an increase of 5.9% from the January estimate of 1,236,000. Furthermore, single‐family housing completions in February 2022 were at a rate of 1,034,000, 12.1% higher than that of January at 922,000.
• According to Jonas Construction Software Inc, Canada’s construction sector is expected to be worth more than US $ 430 billion. and is expected to grow at 8.5% by 2024.
Furthermore, a surge in home improvement and remodeling across North American states is propelling the North America wooden interior doors market growth in the region. For instance, according to the Joint Center for Housing Studies of Harvard University, home improvement activities increased by 16% yearly, from US$ 350 billion during the Q2 of 2021 to US$ 406 billion in the Q2 of 2022. In July 2022, a third of Americans were engaged in home improvement, of which 22% had recently completed a remodeling project, while 10% were planning to engage.
Thus, growth prospects in the construction industry and surge in home improvement and remodeling across North America are the key factors contributing to the growth of the North America wooden interior doors market.
North America Wooden Interior Doors Market Segmentation
The North America wooden interior doors market is segmented into type, mechanism, end-user, and country.
Based on type, the North America wooden interior doors market is segmented into panel door, bypass door, bifold door, pocket door, and others. The panel door segment held the largest share of the North America wooden interior doors market in 2022.
Based on mechanism, the North America wooden interior doors market is segmented into swinging, sliding, folding, and others. The swinging segment held the largest share of the North America wooden interior doors market in 2022.
Based on end-user, the North America wooden interior doors market is segmented into residential and non-residential. The residential segment held the larger share of the North America wooden interior doors market in 2022.
Based on country, the North America wooden interior doors market is segmented into the US, Canada, and Mexico. The US dominated the share of the North America wooden interior doors market in 2022.
Artisan Hardware; Concept SGA Inc; JELD-WEN Holding Inc; Marvin Ltd; Masonite International Corp; Rustica; Simpson Door Co; and Woodgrain Inc are some of the leading companies operating in the North America wooden interior doors market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 3,471.17 Million |
| Market Size by 2028 | US$ 4,554.23 Million |
| CAGR (2022 - 2028) | 4.6% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Type
|
|
Regions and Countries Covered
|
|
| North America | US, Canada, Mexico |
| Market leaders and key company profiles |
|
The North America Wooden Interior Doors Market is valued at US$ 3,471.17 Million in 2022, it is projected to reach US$ 4,554.23 Million by 2028.
As per our report North America Wooden Interior Doors Market, the market size is valued at US$ 3,471.17 Million in 2022, projecting it to reach US$ 4,554.23 Million by 2028. This translates to a CAGR of approximately 4.6% during the forecast period.
The North America Wooden Interior Doors Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Wooden Interior Doors Market report:
The North America Wooden Interior Doors Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Wooden Interior Doors Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Wooden Interior Doors Market value chain can benefit from the information contained in a comprehensive market report.
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