Pocket Door Market Report
Pocket Door Market, By Product (Single, Double, Unilateral), Material (Wood, Glass, Aluminium, Vinyl, Others), Application (Residential, Commercial and Industrial), and Region - COVID-19 Impact Analysis and Forecast to 2026. This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global Pocket Door market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026.
Pocket Door Market, By Product (Single, Double, Unilateral), Material (Wood, Glass, Aluminium, Vinyl, Others), Application (Residential, Commercial and Industrial), and Region - COVID-19 Impact Analysis and Forecast to 2026. This...
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
The Pocket Door Market is projected to grow from USD 8.1 billion in 2020 to USD 10.9 billion by 2026 at a CAGR of around 5.1% during the forecast period.
A pocket door is defined as a sliding door that disappears into a compartment within the adjacent wall when fully open, Pocket doors are used for architectural effect and when there's no room for the swing of a hinged door. supported the merchandise, the pocket door will be categorized as single, double, and unilateral.
Key players operating in the Pocket Door market are-
The growth of the pocket door market is primarily driven by increasing demand for modern furnishing in the residential sector. A growing construction industry with increasing spending on residential and commercial construction activities is likely to drive market growth at a significant rate during the review period. In addition to this, rising demand for the advanced pocket door is likely to create lucrative opportunities for the players operating in the global market in the coming years.
By application, the pocket door market has been bifurcated into residential and commercial & industrial. The residential segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The segment growth can be attributed to increasing residential construction activities across geographies.
By region, the market in Asia-Pacific accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth can be attributed to expanding the building and construction industry in developing countries particularly China and India. The market in North America is expected to be driven by increasing spending on renovation and remodeling of building coupled with the presence of key market players such as Raydoor (US) and Fleetwood (US).
Covid-19 outbreak impacted the growth of the pocket door market negatively. The spread of coronavirus led to the enforcement of lockdown to curb the spread of the virus. This led to travel restrictions and supply chain disruptions, which in turn affected the product supply and demand for a short period.
Here is the list of the group of customers that the pocket door market hopes to have the greatest opportunity to convert-
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The pocket door market size is expected to reach USD 10.9 billion in the foreseeable future.
ECLISSE UK LTD (UK), Royde & Tucker (UK), JB Kind Doors (UK), LPD Doors (UK), Ray-door (US), Selo (UK), Slide Systems Inc. (India), FerreroLegno (Italy), Ghizzi & Benatti (Italy), and Fleetwood (US) are among the key players in the pocket door market.
The pocket door market is expected to witness an impressive growth of 5.1% CAGR in the coming years.
The residential segment is expected to register significant growth in the pocket door market during the next five years.
Asia-pacific accounted for the largest share in the pocket door market in 2020.
Pocket door distributors, Pocket door suppliers, Pocket door manufacturers, Logistics organizations, Government bodies are the target audience in the pocket door market.