Market Size of ASEAN UPVC Doors and Windows Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | 6.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
ASEAN UPVC Doors & Windows Market Analysis
The ASEAN UPVC window and door market is growing at a faster pace with substantial growth rates over the last few years, and it is estimated that the market may grow significantly at a CAGR of more than 6% during the forecast period.
The COVID-19 pandemic and lockdown acted as a massive restraint on the ASEAN UPVC doors and windows market in 2020, as supply chains were disrupted due to trade restrictions. The purchase of these products was declined due to lockdowns imposed by governments in the ASEAN region. Due to the COVID-19 pandemic, the market was under pressure in 2020, which restricted the construction of housing and building projects. The lockdown restrictions forced to stop the manufacturing of UPVC products and reduced the purchasing of UPVC products, which resulted in a decline in the overall ASEAN market.
UPVC is called rigid PVC owing to its hard and inflexible characteristics. The high preference for this material can be attributed to its high resistance to chemicals, water, corrosive environments, and weather. UPVC provides unparalleled quality as framing material, has low maintenance, and can be opted in various colors. Apart from being low maintenance and highly resistant to the surrounding environment, UPVC offers a plethora of benefits. The UPVC material offers insulation against rain, is recyclable, offers UV protection, sound insulation, resistant to saltwater, and impact resistance, and has several other commercial applications. The unplasticized PVC does not have any additive material added to it during production as the normal PVC, and hence, it requires less energy input during production. The development and upgradation of this material expanded its use in windows, building material, doors, shutters, and automobile body parts. UPVC products are recyclable and environmentally friendly, making them more suitable for the construction industry. UPVC has low cost, and it exhibits properties such as high stiffness, aesthetic in nature, and flame retardant. UPVC is FDA compliant, as the residue of vinyl chloride gets restricted and suitable for transparent applications. It also offers better chemical resistance as compared to flexible PVC. It is used as good electrical insulation and provides better vapor barrier properties. Wood in construction can be replaced by this material grade. This material is versatile that can be manufactured in different colors, or it can be made to look like other materials. The rapid urbanization and growing industrial and construction sector, along with awareness about the benefits of UPVC doors and windows, are the major factors driving this market in the ASEAN region.
ASEAN UPVC Doors & Windows Industry Segmentation
UPVC, also referred to as unplasticized polyvinyl chloride, is a low maintenance and cost-effective material used in building and construction, especially in pipework and window frames. A complete background analysis of the ASEAN UPVC doors and windows market, which includes an assessment of the UPVC doors and windows market in the ASEAN region, emerging trends by segments and regional markets, and significant changes in market dynamics and market overview, is covered in the report. The report also features qualitative and quantitative assessments by analyzing the data gathered from industry analysts and market participants across key points in the industry's value chain. The ASEAN UPVC doors and windows market is segmented by product type (UPVC doors and UPVC windows), end user (residential, commercial, industrial and construction, and other end users), distribution channel (offline stores and online stores), and geography (Indonesia, Malaysia, the Philippines, Singapore, Thailand, Vietnam, and Other Countries).
Product Type | |
UPVC Doors | |
UPVC Windows |
End User Type | |
Residential | |
Commercial | |
Industrial and Construction | |
Other End User Types |
Distribution Channel | |
Offline Stores | |
Online Stores |
Geography | |
Indonesia | |
Malaysia | |
Philippines | |
Singapore | |
Thailand | |
Vietnam | |
Other Countries |
ASEAN UPVC Doors and Windows Market Size Summary
The ASEAN UPVC doors and windows market is experiencing robust growth, driven by the material's advantageous properties and increasing urbanization in the region. UPVC, known for its rigidity and resistance to chemicals, water, and weather, is becoming a preferred choice in construction due to its low maintenance and versatility. The material's ability to provide insulation, UV protection, and sound insulation, along with its recyclability and environmental friendliness, makes it an attractive option for both residential and commercial applications. The market's expansion is further supported by the rapid industrialization and urban development in countries like Vietnam, where awareness of UPVC's benefits is on the rise. Despite challenges posed by the COVID-19 pandemic, which temporarily disrupted supply chains and manufacturing, the market is poised for significant growth, with technological advancements and product innovations playing a crucial role in meeting the increasing demand.
The ASEAN region, particularly the Asia-Pacific, is leading the UPVC doors and windows industry due to its burgeoning industrial and construction sectors. The material's properties, such as fire, wind, and moisture resistance, along with its energy efficiency compared to traditional materials like wood and metal, make it a suitable solution for modern construction needs. The market is characterized by the presence of major international players, but mid-size to smaller companies are gaining traction through technological advancements and strategic market expansions. The report highlights key players such as INTI PERKASA INDONESIA and SOLID | UPVC Doors & Windows System, who are instrumental in shaping the market landscape. As the demand for sustainable and cost-effective construction materials continues to rise, UPVC doors and windows are expected to play a pivotal role in the region's development.
ASEAN UPVC Doors and Windows Market Size - Table of Contents
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1. MARKET INSIGHTS AND DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Value Chain/Supply Chain Analysis
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1.5 Porter's Five Forces Analysis
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1.5.1 Threat of New Entrants
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1.5.2 Bargaining Power of Buyers/Consumers
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1.5.3 Bargaining Power of Suppliers
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1.5.4 Threat of Substitute Products
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1.5.5 Intensity of Competitive Rivalry
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1.6 Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 Product Type
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2.1.1 UPVC Doors
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2.1.2 UPVC Windows
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2.2 End User Type
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2.2.1 Residential
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2.2.2 Commercial
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2.2.3 Industrial and Construction
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2.2.4 Other End User Types
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2.3 Distribution Channel
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2.3.1 Offline Stores
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2.3.2 Online Stores
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2.4 Geography
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2.4.1 Indonesia
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2.4.2 Malaysia
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2.4.3 Philippines
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2.4.4 Singapore
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2.4.5 Thailand
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2.4.6 Vietnam
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2.4.7 Other Countries
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ASEAN UPVC Doors and Windows Market Size FAQs
What is the current ASEAN UPVC Doors and Windows Market size?
The ASEAN UPVC Doors and Windows Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029)
Who are the key players in ASEAN UPVC Doors and Windows Market?
INTI PERKASA INDONESIA, SOLID | UPVC Doors & Windows System, PHILCONCH, Gattner.vn and Fenestram Corp. are the major companies operating in the ASEAN UPVC Doors and Windows Market.