Precision Business Insights has published a report on the global garage doors market, estimating its value at USD 22.2 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 6.1% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/garage-doors-market

Market Definition:

A garage door is a sizable door that opens manually or with the help of an electric motor (a garage door opener) to provide access to the garage. Many times, garage doors are big enough to fit cars and other vehicles. To counterbalance the weight of the door and lessen the amount of motor or human effort needed to operate it, the operating mechanism is typically spring-loaded or counterbalanced. Some garage doors swing or move horizontally, though this is less common. Doors can be fiberglass, metal, or wood, and they can be insulated to keep heat from escaping.

Drivers:

1)      Rising demand for residential and commercial construction

2)      Surge in Restaurants hotels and supermarkets

The global Garage doors market segmentation:
1) By Material Type: Aluminum, Steel, Wood, Fiberglass, Others.
2) By Door Type: Automatic, Manual.
3) By Application: Residential, Commercial.

Based on its Material type One popular kind of fiber-reinforced plastic that uses glass fiber is called fiberglass (American English) or fiberglass (Commonwealth English). The fibers can be woven into glass fabric, flattened into a sheet known as a chopped strand mat, or arranged at random. The plastic matrix can be either a thermoplastic or a thermoset polymer matrix, which is typically based on thermosetting polymers like vinyl ester resin, epoxy, or polyester resin.

Regional Overview:
The report also examines the current concerns and their Future Effects on the garage doors market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the garage doors market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

·         North America (U.S., Canada)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

·         Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)

·         Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The key players profiled in the global garage doors market report are 1st United Door Technologies, ALULUX, Garex, GARAGA, Martin Door, General Doors Corp, Overhead Door Corporation, Novoferm, Panpan Group, Timberlane, Inc.

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