Market Size of ASEAN UPVC Doors And Windows Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 12.49 Billion |
Market Size (2029) | USD 17.08 Billion |
CAGR (2024 - 2029) | 6.45 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
ASEAN UPVC Doors & Windows Market Analysis
The ASEAN UPVC Doors And Windows Market size is estimated at USD 12.49 billion in 2024, and is expected to reach USD 17.08 billion by 2029, growing at a CAGR of 6.45% during the forecast period (2024-2029).
ASEAN countries have witnessed significant growth in the construction industry in recent years. The rising demand for doors and windows, including UPVC products, can be directly attributed to this growth. UPVC doors and windows are popular in ASEAN countries due to their durability, energy efficiency, low maintenance requirements, and cost-effectiveness. They are extensively utilized in commercial, industrial, and residential structures.
The rising middle-income group population in ASEAN countries has increased disposable incomes, which has resulted in higher spending on housing and construction projects, further driving the demand for UPVC doors and windows. Several ASEAN countries are investing in infrastructure development projects, such as airports, roads, railways, and smart cities. These projects require high-quality doors and windows, including UPVC products. Governments across ASEAN countries have been implementing energy efficiency regulations and promoting sustainable construction practices. UPVC doors and windows are known for their excellent thermal insulation properties, making them an attractive choice for energy-efficient buildings.
ASEAN UPVC Doors & Windows Industry Segmentation
UPVC, or unplasticized polyvinyl chloride, is a cost-effective, low-maintenance material widely utilized in the building and construction industry, particularly for pipework and window frames. This report provides a comprehensive analysis of the ASEAN UPVC doors and windows market, detailing emerging trends across segments and regions, significant shifts in market dynamics, and an overarching market overview. The market is segmented by product type into UPVC doors and windows. By end-user type, the market is segmented into residential and commercial. By distribution channel, the market is segmented into offline stores and online stores. By geography, the market is segmented into Indonesia, Malaysia, the Philippines, Singapore, Thailand, Vietnam, and Rest of ASEAN. The report offers market sizes and forecasts in terms of value (USD) for all the above segments.
Product Type | |
UPVC Doors | |
UPVC Windows |
End-user Type | |
Residential | |
Commercial |
Distribution Channel | |
Offline Stores | |
Online Stores |
Geography | |
Indonesia | |
Malaysia | |
Philippines | |
Singapore | |
Thailand | |
Vietnam | |
Rest of ASEAN |
ASEAN UPVC Doors And Windows Market Size Summary
The ASEAN UPVC doors and windows market is experiencing robust growth, driven by the material's advantageous properties and increasing urbanization in the region. UPVC, known for its rigidity and resistance to chemicals, water, and weather, is becoming a preferred choice in construction due to its low maintenance and versatility. The material's ability to provide insulation, UV protection, and sound insulation, along with its recyclability and environmental friendliness, makes it an attractive option for both residential and commercial applications. The market's expansion is further supported by the rapid industrialization and urban development in countries like Vietnam, where awareness of UPVC's benefits is on the rise. Despite challenges posed by the COVID-19 pandemic, which temporarily disrupted supply chains and manufacturing, the market is poised for significant growth, with technological advancements and product innovations playing a crucial role in meeting the increasing demand.
The ASEAN region, particularly the Asia-Pacific, is leading the UPVC doors and windows industry due to its burgeoning industrial and construction sectors. The material's properties, such as fire, wind, and moisture resistance, along with its energy efficiency compared to traditional materials like wood and metal, make it a suitable solution for modern construction needs. The market is characterized by the presence of major international players, but mid-size to smaller companies are gaining traction through technological advancements and strategic market expansions. The report highlights key players such as INTI PERKASA INDONESIA and SOLID | UPVC Doors & Windows System, who are instrumental in shaping the market landscape. As the demand for sustainable and cost-effective construction materials continues to rise, UPVC doors and windows are expected to play a pivotal role in the region's development.
ASEAN UPVC Doors And Windows Market Size - Table of Contents
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1. MARKET INSIGHTS AND DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Durability and Low Maintenance of UPVC Products Driving the Market
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1.3 Market Restraints
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1.3.1 Installation Process for UPVC Doors and Windows
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1.4 Market Opportunities
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1.4.1 Rising Trends of Home Renovations and Remodeling Creating Opportunities
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1.5 Value Chain/Supply Chain Analysis
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1.6 Porter's Five Forces Analysis
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1.6.1 Threat of New Entrants
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1.6.2 Bargaining Power of Buyers/Consumers
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1.6.3 Bargaining Power of Suppliers
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1.6.4 Threat of Substitute Products
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1.6.5 Intensity of Competitive Rivalry
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1.7 Insights into Technological Innovations in the Market
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1.8 Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 Product Type
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2.1.1 UPVC Doors
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2.1.2 UPVC Windows
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2.2 End-user Type
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2.2.1 Residential
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2.2.2 Commercial
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2.3 Distribution Channel
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2.3.1 Offline Stores
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2.3.2 Online Stores
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2.4 Geography
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2.4.1 Indonesia
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2.4.2 Malaysia
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2.4.3 Philippines
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2.4.4 Singapore
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2.4.5 Thailand
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2.4.6 Vietnam
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2.4.7 Rest of ASEAN
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ASEAN UPVC Doors And Windows Market Size FAQs
How big is the ASEAN UPVC Doors And Windows Market?
The ASEAN UPVC Doors And Windows Market size is expected to reach USD 12.49 billion in 2024 and grow at a CAGR of 6.45% to reach USD 17.08 billion by 2029.
What is the current ASEAN UPVC Doors And Windows Market size?
In 2024, the ASEAN UPVC Doors And Windows Market size is expected to reach USD 12.49 billion.