The development trend of fiberglass doors over the next five years is expected to be positive. Here are some key points:
- The Fiberglass Doors Market was valued at USD 13.67 Billion in 2022, and is expected to reach USD 25.64 Billion by 2029, exhibiting a CAGR of 9.4% during the forecast period (2023-2029).
- Fiberglass doors are gaining popularity due to their durability, resistance to harsh environments, and energy conservation properties.
They are suitable for both residential and commercial buildings as they improve the aesthetic appeal and fulfill the architectural view for decoration.
- Fiberglass doors can resist different weather conditions, perform better, and last longer than wooden doors.
- The growth in the residential and commercial construction sector has positively impacted the market growth and is expected to further fuel the demand for doors.
- An average high-quality fiberglass entry door costs around $1,500 to $2,500 and installation charges could cost about $400 to $800.
- They also do not deteriorate with usage and are filled with a polyurethane foam insulation, which provides this feature, adding to the overall energy efficiency.
- They offer better insulation when compared with steel doors and can be also customized in terms of design.
These factors indicate a promising future for the fiberglass doors industry.
