Market Insights
PVC (polyvinyl chloride) windows are made by a combination of different compounds like plasticizers and pigments. These windows are highly versatile and provide multiple benefits, like fire-resistant capability due to the presence of synthetic plastics and being exceptionally durable & sturdy, which contributes to their long-life cycle. These windows also require minimal maintenance and are easily installable. These windows are used in products like turn & tilt, sliding, casement, and other windows. These windows are found in two major end-user applications, i.e., residential, and commercial. Based on the requirements, these windows can be categorized into two segments: new and replacement windows.
Due to the COVID-19 pandemic, the PVC window market suffered heavily as major demand for these windows was reduced in countries like The U.S., Germany, Italy, The UK, and India. Also, the construction business across the globe suffered heavily due to the shutdown of the market, which further weakened any further growth in the market. But after COVID-19, recovery is expected as there is a resumption in infrastructure development in emerging economies across the globe. Due to all these factors, the market is forecast to grow at a moderate CAGR of around 4.8% during the forecasting period.
There are many factors that are currently the key drivers for the PVC window market like increasing construction work across the globe, rising awareness regarding weather and fire resistance, and lastly, the cost effectiveness & minimal maintenance cost of these windows are becoming popular among suppliers and construction companies. There is one key factor which is still a restraining factor for this industry, i.e., these windows are lightweight and hence can be broken easily when compared to wooden windows. Overall, the PVC window market is estimated to reach a value of US$ 56.6 Billion in 2028.
Segments' Analysis
|
Segmentations
|
List of Sub-Segments
|
Dominant and Fastest-Growing Segments
|
|
Product-Type Analysis
|
Turn & Tilt, Sliding, Casement, and Other Windows
|
Turn & Tilt product is expected to be the most dominant product in the market.
|
|
End-User-Type Analysis
|
Residential and Commercial
|
Residential end-user is expected to dominate the market.
|
|
Requirement-Type Analysis
|
New and Replacement
|
New requirement is expected to drive the market.
|
|
Regional Analysis
|
North America, Europe, Asia-Pacific, and The Rest of the World
|
Asia-Pacific will be the most dominant and fastest-growing region in the market.
|
Product Type
The market is segmented into turn & tilt, sliding, casement, and other windows. The turn & tilt product type will remain the dominant type in the PVC window market. The key reason for this is that these windows have easy-to-use operating functions and are widely used across the globe, mainly in residential areas.
End-User Type
The market is segmented into residential and commercial. The residential segment will be the largest end-user during the forecasted period, with over 60% of the overall PVC window market. The dominant trend for the same is continuous growth in residential buildings, mainly in developing/ emerging countries across the globe, as well as increasing usage of weather-resistant and energy-efficient windows in residential buildings.
Requirement Type
The market is segmented into new and replacement. The new requirement type will be the largest requirement type in the market during the forecasted period. The new requirement dominant for the same is due to the long life of these windows. The replacement demand is very low, hence the dominance of the new products in continuously constructed buildings will dominate this market in the long run.
Regional Analysis
Asia-Pacific is expected to remain the largest market for the PVC window market over the forecasting period. This is due to the reason that the Asia-Pacific in the past 5 years has seen a rise in construction and infrastructure across the region also the manufacturers in the region for PVC windows have risen over the years in the region.
Also, Asia-pacific is expected to be the fastest-growing market for PVC window market over the forecast period as there is growing construction and new building for residential and commercial purposes, especially in countries like India and China, which continue to expand their manufacturing bases across all industries, resulting in the rise of new buildings in the region. Also, there is increasing awareness regarding energy efficiency for new buildings in the region, which further bolsters the growth of the region.
The PVC window market is segmented into the following categories:
By Product Type
- Turn & Tilt (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Sliding (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Casement (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Other Windows (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
By End-User Type
- Residential (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Commercial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
By Requirement Type
- New (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Replacement (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
By Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and the Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Argentina, and Others)
Key Players
The market is highly populated, with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors, including price, product offerings, regional presence, etc. The following are the key players in the PVC window market:
- Deceuninck
- Epwin Window Systems
- Eurocell Plc
- Griffon (Bolton Adhesives)
- Lixil Corporation
- Masco Corporation
- NCL VEKA Private Limited
- PGT Innovations
- Profine Group
- REHAU Group
- Salamander Industrie-Produkte GmbH
- Schüco International KG
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s PVC window market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for existing and new players.
- Key success factors.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com
