Southeast Asia UPVC Windows and Doors Market Set for 5.65% CAGR Surge in 2023-28 Outlook

Market Insights and Analysis: Southeast Asia UPVC Windows and Doors Market Overview and Projections (2023-2028)

The Southeast Asia UPVC Windows and Doors Market is estimated to grow at a CAGR of around 5.65% during the forecast period, i.e., 2023-28.

Top leading companies in the Southeast Asia UPVC Windows and Doors Market includes:

VEKA Group, Aluplast, Kinbon (Uber & Konstrukt), Fascina Pte Ltd., Perfect Window Systems Pte Ltd, Sapphire Windows Pte Ltd, Europvc, Vignet uPVC windows and Doors, DeKu German Window (Thailand), Fenestram Corporation and Others.

Southeast Asia UPVC Windows and Doors Market Driver – Increasing Investment in Tourism & Hospitality Sector to Escalate Market Growth:

Southeast Asia region’s economy majorly depends upon agriculture, trade, and tourism industry for revenue generation. According to the Organisation for Economic Co-operation and Development (OECD), travel and tourism industry contributed nearly 11.7% of GDP to the Southeast Asian economy and provided about 13.2% of total employment. Over the years, the region’s tourism industry emerged due to its landscapes, and affordable tourism options. In addition, countries such as, Thailand, Indonesia, Vietnam, etc., in this region majorly depend on tourism for revenue generation as their other sectors are not much developed. Consequently, the governments of these countries are actively working to expand their tourism sectors, aiming to amplify the sector’s contribution to their respective GDPs. For instance,

In 2022, the sectors contribution to regional GDP was reported around 10% in Vietnam, Singapore, and Malaysia and 20-25% in Thailand, Cambodia, and the Philippines as per the Asian Development Bank.

Thus, growth of the tourism sector resulted in the increasing construction of hotels, resorts, restaurants, and other commercial facilities in the region since the historical years. With the increase in commercial construction due to the soaring tourism industry, the region has been witnessing a higher demand for UPVC windows and doors too, as they offer durability, low maintenance requirements, and provide good thermal insulation properties, unlike traditional materials.

 “In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecasts for years 2024 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.”

Access the detailed PDF Sample report  https://www.marknteladvisors.com/query/request-sample/sea-upvc-windows-and-doors-market.html

Report Segmentation:

The market is categorized into the following segments in the report:

By Product Type

-UPVC Windows

–Casement Window

–Sliding Window

–Bay Window

–Others (Fixed, Tilt and Turn, etc.)

-UPVC Door

–Slide & Floor Door

–Casement Door

–Lift & Sliding Door

–Others (French, Sliding, etc.)

By End User

-Residential

-Commercial

-Industrial

  • Commercial segment witnessed considerable share in the Southeast Asia UPVC Windows and Doors Market during 2018-2022.

By Demand Type

-New Installation

-Repair & Replacement

Explore Our Comprehensive Study Reports – https://www.marknteladvisors.com/research-library/sea-upvc-windows-and-doors-market.html

Southeast Asia UPVC Windows and Doors Market Geographic Reach:

The Geographic Reach of the Southeast Asia UPVC Windows and Doors Market evaluates the spread and significance of Southeast Asia UPVC Windows and Doors Market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.

  • Indonesia
  • Vietnam
  • Malaysia
  • Singapore
  • Thailand
  • The Philippines
  • Rest of Southeast Asia

Note: If you require specific information not covered in the current report, we can provide it through customized option

Related Reports: –

https://www.openpr.com/news/3367332/japan-tire-market-surpasses-usd-119-32-million-in-2022-set      

https://www.openpr.com/news/3366272/cloud-kitchen-market-s-resilient-growth-at-12-42-cagr      

https://www.openpr.com/news/3363980/geographical-insights-competitor-landscape-and-future-scope      

https://www.openpr.com/news/3361209/baby-food-market-exceeds-usd-69-76-billion-in-2022-projected      

https://www.openpr.com/news/3359424/generative-ai-market-exceeds-usd-12-million-in-2022-projected      

Why choose Us?

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

For Media Inquiries, Please Contact:

Call: +1 628 895 8081 | +91 120 4278433

Email: sales@marknteladvisors.com

Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511

Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top