Market Overview:
The global residential garage door market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and aesthetically pleasing garage doors. In addition, the growing trend of home automation is also contributing to the growth of this market. The global residential garage door market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into aluminum door, steel door, wood door, and others (including fiberglass and plastic doors). The aluminum door segment is expected to grow at a higher CAGR than other segments during the forecast period owing to its properties such as durability and low weight. On the basis of application,the global residential garage doormarket can be divided into online salesand offline sales channels. Offline sales include both dealer/distributor networks as well as direct selling by manufacturers or their authorized dealers/distributors networkto end users or consumers through retail stores or showrooms .
Product Definition:
A residential garage door is a large door that leads to a garage. The purpose of a residential garage door is to provide privacy and security for the homeowner, as well as protect the contents of the garage.
Aluminum Door:
Aluminum door is a new term in the industry and has been gaining acceptance over the last few years. It is used for both sliding doors as well as hinged doors. The growth factor for this segment can be attributed to various factors such as rising disposable income, increasing population, and changing lifestyles that are leading to an increase in demand for houses which will eventually drive the market.
Steel Door:
The steel door is a type of garage door which consists of two metal panels, with a central hinge between them. It provides better security as compared to the wooden doors and also has an aesthetic appeal owing to its sturdy appearance. The steel doors are available in various types and sizes, which can suit different spaces; from small residential garages to large industrial facilities.
Application Insights:
The offline sales segment dominated the global residential garage door market, accounting for more than 60.0% share of the total revenue in 2017. The growth can be attributed to a rise in demand for multi-family housing structures and high construction spending by governments across various countries including China, India and Australia to provide affordable housing schemes to their citizens.
Offline sales are further divided into two categories namely direct sale and estate sale which includes both new as well as resale homes. Direct sale is further categorized into single-family home or multi-family home depending upon if it has an attached garage or not respectively. Estate sales include both new as well as resale homes where the former type of structure has an attached garage (either automatic or with remote access).
Regional Analysis:
The North American residential garage door market is anticipated to witness significant growth over the forecast period owing to the increasing number of housing projects and renovation activities in the region. The rising adoption of automation is also expected to drive demand for automatic opening and closing systems, which would further propel product demand.
Asia Pacific dominated the global market in 2017 with a revenue share of more than 45%. The growing construction industry coupled with increasing investments in residential buildings, especially affordable housing schemes by various governments across emerging economies such as China and India are expected to boost regional growth over the forecast period. Furthermore, improving living standards among middle-class income groups have led consumers to upgrade their existing houses or construct new ones. This scenario has resulted in increased spending on home improvement activities including installation of garage doors., thereby driving product sales at both offline as well as online platforms across this region.
Growth Factors:
- Increasing demand for automated garage door systems
- Rising popularity of smart home technologies
- Growing number of single-family homes and residential developments
- Proliferation of do-it-yourself (DIY) garage door installation tutorials online
- Increased awareness about the benefits of using a residential garage door
Scope Of The Report
Report Attributes
Report Details
Report Title
Residential Garage Door Market Research Report
By Type
Aluminum Door, Steel Door, Wood Door, Others
By Application
Online Sales, Offline Sales
By Companies
Sanwa Holdings Group, Hörmann, Bunka Shutter, AOYAMA Electric, DAKO, Overhead Door Corporation, Clopay Building Products, Assa Abloy, CHI Overhead Doors, Raynor Garage Doors, Garaga Inc, Midland Garage Door
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Residential Garage Door Market Report Segments:
The global Residential Garage Door market is segmented on the basis of:
Types
Aluminum Door, Steel Door, Wood Door, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online Sales, Offline Sales
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sanwa Holdings Group
- Hörmann
- Bunka Shutter
- AOYAMA Electric
- DAKO
- Overhead Door Corporation
- Clopay Building Products
- Assa Abloy
- CHI Overhead Doors
- Raynor Garage Doors
- Garaga Inc
- Midland Garage Door
Highlights of The Residential Garage Door Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Aluminum Door
- Steel Door
- Wood Door
- Others
- By Application:
- Online Sales
- Offline Sales
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Residential Garage Door Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A residential garage door is a type of door that opens from the inside of your home. It's typically used to allow people access to your garage or carport.
Some of the key players operating in the residential garage door market are Sanwa Holdings Group, H¶rmann, Bunka Shutter, AOYAMA Electric, DAKO, Overhead Door Corporation, Clopay Building Products, Assa Abloy, CHI Overhead Doors, Raynor Garage Doors, Garaga Inc, Midland Garage Door.
The residential garage door market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Residential Garage Door Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Residential Garage Door Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Residential Garage Door Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Residential Garage Door Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Residential Garage Door Market Size & Forecast, 2020-2028
4.5.1 Residential Garage Door Market Size and Y-o-Y Growth
4.5.2 Residential Garage Door Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Aluminum Door
5.2.2 Steel Door
5.2.3 Wood Door
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Online Sales
6.2.2 Offline Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Residential Garage Door Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Residential Garage Door Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Aluminum Door
9.6.2 Steel Door
9.6.3 Wood Door
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Online Sales
9.10.2 Offline Sales
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Aluminum Door
10.6.2 Steel Door
10.6.3 Wood Door
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Online Sales
10.10.2 Offline Sales
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Aluminum Door
11.6.2 Steel Door
11.6.3 Wood Door
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Online Sales
11.10.2 Offline Sales
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Aluminum Door
12.6.2 Steel Door
12.6.3 Wood Door
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Online Sales
12.10.2 Offline Sales
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Aluminum Door
13.6.2 Steel Door
13.6.3 Wood Door
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Online Sales
13.10.2 Offline Sales
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Residential Garage Door Market: Competitive Dashboard
14.2 Global Residential Garage Door Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sanwa Holdings Group
14.3.2 Hörmann
14.3.3 Bunka Shutter
14.3.4 AOYAMA Electric
14.3.5 DAKO
14.3.6 Overhead Door Corporation
14.3.7 Clopay Building Products
14.3.8 Assa Abloy
14.3.9 CHI Overhead Doors
14.3.10 Raynor Garage Doors
14.3.11 Garaga Inc
14.3.12 Midland Garage Door
