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Stock impact report

Europe Doors Market Unveiling a USD 44.61 Billion Opportunity by 2032: Astute Analytica [Yahoo! Finance]

JELD-WEN Holding, Inc. (JELD) 
Last jeld-wen holding, inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.jeld-wen.com
Company Research Source: Yahoo! Finance
Wooden doors lead the way, with hinged styles reigning supreme for their aesthetics, security, and functionality. New Delhi, April 25, 2024 (GLOBE NEWSWIRE) -- The Europe doors market is poised for a promising future, with a projected CAGR of 3.20% reaching a value of US$ 44.61 billion by 2032 from US$ 33.85 billion in 2023. The renovation sector presents a strong growth engine, valued at €109 billion in 202 and boasting a steady CAGR of 3% until 2030. This sector is less susceptible to economic fluctuations and is fueled by the increasing need for sustainable building upgrades. The EU's ambitious Renovation Wave strategy further bolsters this growth, aiming to double renovation rates to 2-3% by 2030. This translates to a potential 80% reduction in building energy demand by 2050, necessitating widespread door replacements with energy-efficient models. Furthermore, the European shift towards metropolitan areas creates a demand for modern and efficient residential constructions. Thi Show less Read more
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