The wooden interior doors market size is projected to reach US$ 24.89 billion by 2031 from US$ 16.24 billion in 2023. The market is expected to register a CAGR of 5.48% in 2023–2031. As per the Global Construction 2030, it is estimated that the volume of construction output will increase by 85% to US$ 15.5 trillion by 2030 worldwide. The US, China, and India are projected to lead the path and account for more than half of the share of all global growth. Moreover, investment to renovate old buildings and structures and an increasing inclination toward a greener future are boosting the scope of green buildings, which is further nurturing the construction sector.
In the era of growing urbanization, the construction sector is flourishing at a massive rate. With rising construction projects, the demand for related components, including furnishing products such as interior doors, is also booming. Therefore, to keep up with the pace of growing urbanization without leaving any harmful impact on the environment, sustainable forestry is being implemented. Sustainable forestry focuses on saving natural forests by implementing afforestation and reforestation, as well as using reduced-impact logging techniques.
It has been estimated that housing will continue, and therefore, finding a suitable solution is a must to fulfill the demand of the urbanized population. It is predicted that 3 billion people (nearly 40% of the world population) will require new housing facilities by 2030, which translates into a demand for approximately 300 million new dwellings. Thus, the above-mentioned growing demand for housing, coupled with the need for a safe environment, is propelling the concept of sustainable forestry. This aspect will have a positive impact on the wooden interior doors market growth.
With the increasing urban population, the need for high-rise buildings has increased considerably in urban areas. As per the Council on Tall Buildings and Urban Habitat (CTBUH), 1,480 skyscrapers with heights more than 200 m have been built in the last two decades in the US. The number also includes 40 residential skyscrapers constructed in recent past years. The surge in construction work across residential, commercial, and several industries owing to growing urbanization is driving growth of interior doors. Government bodies are putting additional focus on strengthening the construction and infrastructural development, which is further enduring the demand for interior doors.
MDF is an engineered wooden product generally made from recycled wood fibers. MDF is becoming the most commonly used interior door material due to durability and affordability. Moreover, the MDF interior doors are denser than plywood and particle board, which is another factor attracting both residential and commercial. Apart from the aforementioned features, extremely smooth edges and no requirement of laminates make MDF different from particle board and other wooden materials. Therefore, the popularity of MDF is witnessing an upward trend, which is expected to provide lucrative business opportunities for wooden interior door manufacturers.
Key segments that contributed to the derivation of the wooden interior doors market analysis are type, mechanism, and end-user.
The scope of the wooden interior doors market report encompasses North America (the US, Canada, and Mexico), Europe (Spain, the UK, Germany, France, Italy, and the Rest of Europe), Asia Pacific (South Korea, China, India, Japan, Australia, and the Rest of Asia Pacific), the Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America). In terms of revenue, APAC dominated the wooden interior doors market share in 2023. Europe is the second-largest contributor to the global wooden interior doors market, followed by North America. In the global market landcape, China was among the largest MDF consumer in 2022, holding more than 50% of the total market volume. Additionally, China surpassed the US in terms of MDF consumption. Belarus, Turkey, and Poland are other prominent markets known for having highest levels of MDF per capita consumption. Such a high consumption trend in these countries is anticipated to propel the scope of MDF for manufacturing home furnishings including interior doors.
The regional trends and factors influencing the Wooden Interior Doors Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Wooden Interior Doors Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 16.24 Billion |
| Market Size by 2031 | US$ 24.89 Billion |
| Global CAGR (2023 - 2031) | 5.48% |
| Historical Data | 2021-2022 |
| Forecast period | 2023-2031 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The Wooden Interior Doors Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Wooden Interior Doors Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The wooden interior doors market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for wooden interior doors market and strategies:
The “Wooden Interior Doors Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas: