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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.<br>
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MARKET RESEARCH REPORT Southeast Asia UPVC Windows and Doors Market Research Report: Forecast (2023-2028) UPDATED SAMPLE 2024-30 MARKNTEL ADVISORS
Company Overviews 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. We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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Market Insights 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. Southeast Asia has experienced significant economic growth in recent years, leading to a boom in the construction industry including residential and commercial buildings. The expansion of the sector is propelled by rapid urbanization, heightened investments from both public and private sources, and the surging adoption of sustainable and eco-friendly construction practices across the region.
Market Drivers Increasing Investment in Tourism & Hospitality Sector to Escalate Increasing Investment in Tourism & Hospitality Sector to Escalate Market Growth: Southeast Asia region Market Growth: Southeast Asia region’s economy majorly depends upon agriculture, trade, and tourism industry for revenue upon agriculture, trade, and tourism industry for revenue generation. According to the generation. According to the Organisation Organisation for Economic Co operation and Development (OECD), travel and tourism industry operation and Development (OECD), travel and tourism industry contributed nearly 11.7% of GDP to the Southeast Asian economy contributed nearly 11.7% of GDP to the Southeast Asian economy and provided about 13.2% of total employment. Over the years, and provided about 13.2% of total employment. Over the years, the region the region’s tourism industry emerged due to its landscapes, and s tourism industry emerged due to its landscapes, and affordable tourism options. In addition, countries such as, affordable tourism options. In addition, countries such as, Thailand, Indonesia, Vietnam, etc., in this region majorly depend on Thailand, Indonesia, Vietnam, etc., in this region majorly depend on tourism for revenue generation as their other sectors are not much tourism for revenue generation as their other sectors are not much developed. Consequently, the governments of these countries are developed. Consequently, the governments of these countries are actively working to expand their tourism sectors, aiming to amplify actively working to expand their tourism sectors, aiming to amplify the sector's contribution to their respective GDPs. the sector's contribution to their respective GDPs. s economy majorly depends for Economic Co- -
Market Segments 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), By Demand Type, (New Installation, Repair & Replacement), By Country (Indonesia, Vietnam, Malaysia, Singapore, Thailand, The Philippines, Rest of Southeast Asia)
Top Companies 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.
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