Rise Number of Construction Projects Boosts North America Commercial Wooden Interior Door Applications Market Growth
According to our latest study on “North America Commercial Wooden Interior Door Applications Market Forecast to 2028 – COVID-19 Impact and Country Analysis – by Material, Door Type, Mechanism, and End Use,” the market is projected to grow from US$ 1,430.89 million in 2022 to US$ 1,840.40 million by 2028; it is expected to record a CAGR of 4.7% from 2023 to 2028.
Solid wood, medium-density fiberboard (MDF), hollow-core, and solid-core doors are increasingly being adopted in the residential and non-residential sectors. The growth of the wooden interior doors market is attributed to the flourishing construction sector due to growing urbanization. With the growing urban population, the need for high-rise buildings has increased in urban areas, resulting in a greater demand for interior doors. This is primarily driving the growth of the North America commercial wooden interior door applications market. The type of interior door is selected depending on customers’ expectations in terms of design, space, and budget. The preference for the latest type of doors such as standard stile, barn doors, rail doors on hinges, and custom wood door topping is significantly high across North America.
The North America commercial wooden interior door applications market is segmented on the basis of material, type, mechanism, end use, and country. Based on material, the market is segmented into wood, plywood & blockboard, and MDF & others. In terms of type, the North America commercial wooden interior door applications market is segmented into panel door, bypass door, bifold door, pocket door, and others. The North America commercial wooden interior door applications market, by mechanism, is segmented into swinging, sliding, folding, and others. Based on end use, the North America commercial wooden interior door applications market is segmented into academic institutions, HoReCa (i.e., hotels, restaurants, and cafes), and others. Based on country, the North America commercial wooden interior door applications market is segmented into the US, Canada, and Mexico.
Impact of COVID-19 Pandemic on North America Commercial Wooden Interior Door Applications Market Growth
The onset of the COVID-19 crisis in 2020 led to a halt in infrastructure and construction activities worldwide. All the major regions suffered a significant downturn during the first half of 2020. However, the implementation of the global lockdown resulted in the temporary shuttering of manufacturing facilities, including those providing interior doors and their raw materials. The enactment of lockdowns and travel restrictions, shutdown of production facilities, and shortage of employees adversely affected the performances of players in the North America wooden interior door applications market. Notably, the construction industry in the US witnessed the most severe impact of the COVID-19 pandemic in 2020 due to labor shortages and project cancellations. Additionally, as expansion and renovation plans for several commercial establishments were put on hold, North America commercial wooden interior door applications market players witnessed a significant drop in order intake. Hence, the pandemic had an adverse effect on the North America commercial wooden interior door applications market.
British Columbia Door Co Ltd, Concept SGA Inc, Every Energy Inc, Jeld-Wen Holding Inc, Marvin Lumber and Cedar Co, Masonite International Corp, Nicks Building Supply Inc, Simpson Door Co, Upstate Door Inc, and Woodgrain Inc are among the key North America commercial wooden interior door applications market players operating in the region.
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