Metal Door Manufacturing
Metal Door Manufacturing industry revenue began the five-year period to 2018 at a relatively low value due to lagged expansion in residential markets, followed by weakening demand from the commercial and industrial construction markets during the latter half of the period. However, the subsequent rapid growth in residential construction has supported revenue growth. As industry operators have experienced increased demand, they have been able to translate lower purchase costs and increased labor efficiency into higher margins. Moreover, despite a period of weakness in nonresidential construction, activity is expected to pick up. Over the five years to 2023, IBISWorld expects the industry to benefit from continued, albeit slower, growth in construction activity. Although operators will continue to contend with external competition from manufacturers of wood or fiberglass doors, demand for metal doors will remain high due to aesthetic, durability and security reasons
This industry manufactures metal doors and door frames. Industry products are primarily made of aluminum and steel and are used in a variety of residential and nonresidential applications, including fire doors and safety exits. This industry does not manufacture doors with a wood core.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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