The Latin America, Middle East and Africa Patio Doors Market would witness market growth of 6.4% CAGR during the forecast period (2023-2030).
Residential and commercial sectors are primarily concerned with safety and security, which has led to an increase in the installation of voice-activated devices, video intercom systems, and smart receptacles. This element contributes significantly to the expansion of the market. Moreover, due to the profitability of automatic patio door systems, there has been intense competition among startups and large corporations. An increase in the installation of home automation systems for safety and security enhances the home's visual allure, thereby creating value for residential end-users, as indicated by the market trend. This factor is expected to continue to provide lucrative company possibilities to the market participants during the forecast period.
Further, development in new construction activities is expected to offer remunerative opportunities for the market to expand. In addition, innovations by industry participants, an increase in residential and commercial construction, and an increase in home renovation and remodelling expenditures all contribute to the expansion of the market.
Latin Americans appreciate the abundance of natural light, and patio doors with large glass panels help maximize daylight penetration into homes. This enhances the aesthetics of living spaces and reduces the need for artificial lighting during the day. Latin America features diverse climates, from tropical and subtropical regions to more temperate areas. In many parts of the region, there is a strong emphasis on outdoor living due to the favourable climate. Patio doors connect indoor and outdoor spaces, allowing residents to enjoy their gardens, patios, balconies, and terraces comfortably. These trends will expand the market growth in this region.
The Brazil market dominated the LAMEA Patio Doors Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $837.3 million by 2030. The Argentina market is showcasing a CAGR of 6.9% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 6.1% during (2023 - 2030).
Based on Mechanism, the market is segmented into Hinged, and Sliding. Based on Material, the market is segmented into PVC, Aluminium, and Wood. Based on Door Type, the market is segmented into Swing Doors, Sliding Doors, Revolving Doors, Folding Doors, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Patio Doors Market is Projected to reach USD 51.3 Billion by 2030, at a CAGR of 4.3%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include ASSA ABLOY AB, TruStile Doors, LLC (Marvin), Masonite International Corporation (Kohlberg Kravis Roberts & Co. L.P.), Sun Mountain, Inc. (Kodiak Building Partners), Steves & Sons, Inc., Lynden Door, Inc., Andersen Corporation, Pella Corporation, Simpson Door Company, and JELD-WEN Inc. (JELD-WEN Holding, Inc.)
By Mechanism
By Material
By Door Type
By Country
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