According to the latest publication from Meticulous Research®, the windows market is projected to reach $52 billion by 2029, growing at a CAGR of 9% during the forecast period of 2022–2029. In terms of volume, the global windows market is expected to reach 307.8 million units by 2029, with a CAGR of 9.7% during the same period. This market growth is driven by the rapid expansion of the construction industry, an increasing consumer preference for smart homes, and the rising demand for single-hung windows.

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Furthermore, the growing urbanization in emerging economies and the rising demand for windows in the renovation industry are expected to provide significant growth opportunities for the market. However, fluctuating raw material prices pose a challenge to market growth. Additionally, a notable trend in the global windows market is the increasing customer preference for larger windows.

Based on material, the windows market is broadly segmented into wood, wood-clad, metal, plastic, and fiberglass. In 2022, the plastic segment is expected to hold the largest share of the global windows market in terms of value. This growth is driven by the expanding construction industry and the increasing demand for automated ventilation, heat regulation, and burglary protection in homes. However, the fiberglass segment is projected to experience the highest CAGR during the forecast period, owing to the rising adoption of green buildings, which help reduce the carbon footprint of structures.

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Based on frame type, the windows market is segmented into slider windows, casement windows, awning windows, hopper windows, fixed windows, single-hung windows, double-hung windows, and glass block windows. In 2022, the single-hung windows segment is expected to account for the largest share of the global windows market. The large market share of this segment is mainly attributed to the increasing demand for hung windows and the growing construction industry.
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Based on geography, the windows market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2022, Asia-Pacific is expected to account for the largest share of the global windows market, followed by Europe and North America. The region is also expected to witness rapid growth during the forecast period. The large market share of Asia-Pacific is mainly attributed to the rising building construction activities in South Korea and Indonesia, the presence of prominent players, and increasing demand for a safe and secure living environment.

Key Players:
The key players operating in the windows market are JELD-WEN Holdings, Inc. (U.S.), Andersen Corporation (U.S.), Atrium Corporation (U.S.), LIXIL Corporation (Japan), Marvin Lumber and Cedar Co (U.S.), MI Windows & Doors, LLC (U.S.), Masco Corporation (U.S.), Pella Corporation (U.S.), Weru GmbH (Germany), BG Legno Srl (Italy), SGM Window Manufacturing Limited (U.K.), Vinylguard Window & Door Systems Ltd. (Canada), Deceuninck NV (Belgium), Neuffer Window + Door GmbH (Germany), and Duo-Corp. (U.S.).

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Key questions answered in the report-
• Which are the high-growth market segments based on material, frame type, and geography?
• What was the historical market for windows?
• What are the market forecasts and estimates for the period 2022–2029?
• What are the major drivers, restraints, and opportunities in the windows market?
• Who are the major players, and what shares do they hold in the windows market?
• How is the competitive landscape in the windows market?
• What are the recent developments in the windows market?
• What are the different strategies adopted by the major players in the windows market?
• What are the key geographic trends, and which are the high-growth countries?
• Who are the local emerging players in the global windows market, and how do they compete with the other players?

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