Wood Material Type to Lead Pocket Door Market During the Forecast Period
The
increasing construction of new homes and commercial areas and rising demand for
luxury and compact furniture is expected to drive the global pocket door market
during the forecast period.
According to
TechSci Research report, “Pocket Door Market – Global Industry Size, Share,
Trends, Competition, Opportunity, and Forecast, 2018-2028”, The pocket doors market will
grow as demand for luxurious-style doors without compromising furniture space
rises. Pocket doors are perfect for minimalist interior design because they
provide a contemporary appearance and a spacious interior layout. Additionally,
manufacturers provide custom-made glass pocket doors based on client needs.
Companies are also improving the colors of door surfaces made of metals,
leather, wood, glass, and stone to match construction projects or homes, giving
project planners the freedom to mix materials.
The rising number of
construction activities in different countries drives the demand for pocket
doors. According to National Housing Federation, around 340,000 new homes must
be constructed in England annually, and 216,000 new homes were constructed between
2020-2021.
The rising demand for luxury
and compact furniture, which provide aesthetic views and are packed in nature,
is driving the need for pocket doors in various countries. According to the
data provided by Harvard Business Review, about USD 350 billion, or 19% of the
combined USD 1.8 trillion in yearly sales of consumer goods categories, is
already constituted of new luxury items.
Browse over xx market data Figures spread through xx Pages and an in-depth TOC on the "Global Pocket Door Market"
The residential market
dominated the pocket door industry owing to the growing use of pocket doors,
primarily due to improved infrastructure facilities, rapid expansion in the
housing society, and commercial spaces. Increased consumer inclination for
incorporating more opulent comfort elements into their homes will result in
further market growth. In addition, it is expected that increasing urbanization
in countries such as China, India, Brazil, and Africa will increase demand in
the residential sector.
During the forecast period,
the commercial application category is expected to expand more quickly. This
development can be related to the growing demand for pocket doors used for
privacy and space-saving purposes in offices, hotels, and other commercial
settings. Since they don't need as much space as conventional swinging doors,
pocket doors are perfect for small spaces.
Owing to various factors,
including the fact that wood was among the most popular materials used to make
pocket doors over the previous ten years, the wooden pocket door market is
expected to expand throughout the forecast period. The expansion of the housing
society, the rapid development of office space, the growing real estate
industry, and favorable government regulations all contribute to this. Key
market drivers are the availability of several designs & materials, low
installation space requirements, and elegant aesthetics.
The global pocket door
is segmented into direct and indirect sales based on distribution channels.
Direct sales dominated the market as the pocket door is counted under luxury
products and has a high production cost. The consumer prefers to purchase
pocket doors directly through distributors/dealers, etc.
Moreover, indirect sales
also witness high demand as, during the construction of new residential and
commercial buildings, the furniture work is usually done on a contract basis.
Moreover, home décor companies have included innovative furniture to attract
new customers. Thus, increasing indirect sales in different countries.
Key market players in the pocket
door market include:
- Eclisse UK S.R.L.
- Anderson Corporation
- J B Kind Ltd.
- LPD Ltd.
- Raydoor, Inc.
- Royde & Tucker Ltd.
- Ferrero Legno SPA
- Leeds Plywood & Doors
Limited
- Portman Doors Ltd
- Slide Systems Limited
Many businesses have launched innovative products
to attract clients and capture a sizable market share in the pocket door
market. For instance, pocket doors that not only take up less space but also
offer noise resistance were introduced by Linear Building Innovations Limited
under the brand name Enigma.
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"The rising construction
of residential and commercial buildings, the growing popularity of luxury
goods, and high demand from the retail sector, such as hotels, spas, and gyms,
will influence the global pocket door market demand,” said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“Pocket Door Market By
Product Type (Single Pocket Door, Double Pocket Door, Unilateral Pocket Door),
By Material (Wood, Glass, Aluminium, Vinyl, Others (Steel, Fiberglass), By End
User (Residential, Commercial, Industrial), By Distribution Channel (Direct
Sales, Indirect Sales), By Region, Competition, Forecast & Opportunities,
2018-2028F” has evaluated the future growth potential of pocket
door and provides statistics and information on
market structure, size, share, and future growth. The report is intended to
provide cutting-edge market intelligence and help decision-makers take sound
investment decisions. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges and opportunities
present in pocket door globally.
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