Japan Garage Door Market; By Type (Aluminum Door, Steel Door, Wood Door and Others); By Commercial Type (Repair & Reconstruction and New Commercial); and Region –Analysis of Market Size, Share & Trends for 2016 – 2019 and Forecasts to 2030
Garage door is a wide garage door that can be operated manually or electrically. It is designed to facilitate cars to enter, therefore garage doors are usually large. Small doors can be built in one section, larger doors typically made in many joined sections, used in commercial or industrial garages. Rather than sliding or swinging, garage doors usually rise or roll up to save up space.
This report anticipates the Japan Garage Door Market to surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX%. According to the report, there is a range of promising trends in the sector, including healthy growth in the production of new single family home activities and expenditures on house construction, strong increases in business building and renovation costs; and continuous expenditure to upgrade garages and open doors with new models that give better efficiency and/or aesthetic value.
Japan Garage Door Market: Segments
Japan market has been segmented on the basis of type, commercial, and by location. It has been further segmented by countries into eastern, western, northern and southern region.
By Type (in %), Japan Garage Door Market, 2019
Aluminum door dominated the market and accounted for largest market share in 2019
Japan Garage Door Market is segmented by type into: Aluminum door, steel door, wood door and others. Aluminum accounted for the maximum share as people prefer to use this segment due to its durability and properties such as corrosion free, free from rusting and higher strength when compared to other materials. Moreover, key players offer multiple and vibrant design in aluminum door which are not available in other design. Aluminum doors are manufactured using the high speed springless design which makes opening and closing faster in this design. This considerably reduces the maintenance cost and boosts the product’s life.
Japan Garage Door Market: Market Dynamics
• Rising in on road cars
Increased numbers of on-road vehicles in the automotive sector have led to a greater demand for garage doors. Nearly all Japanese homes today have a car that at the same time generates a tremendous need for garages and garage doors. With the increase in automation, manufacturers concentrate on garage doors that open vertically along the ceiling to provide room for the car.
• High production cost
In the coming years, market growth will slow down due to the problems associated with the high price of raw materials. The raw material suppliers’ poor productivity and the high cost of production contribute to higher commodity prices. These factors can hinder market demand for garage doors.
Japan Garage Door Market: Regions
Based on region the Japan Garage Door Market is segmented into Eastern Japan, Northern Japan, Western Japan and Southern Japan. The regional growth is anticipated owing to increasing urbanization and rising disposable consumer’s income in Japan. Rising national construction programs will boost demand for the commodity in the coming years. Japan would see significant industry growth as a result of rapid industrialization and increasing middle-class income. The government’s funding for smart urban projects is projected to improve the nation’s construction industry, which will further increase consumer demand over time.
The region segment can be further divided into five major types including Eastern Japan, Northern Japan, Western Japan and Southern Japan.
Japan Garage Door Market: Competitive landscape
The focus of the markets is on growing their share through mergers and acquisitions. To broaden their market range by creating cost effectively-efficient products with improved properties, industry leaders concentrate on research and development activities. Therefore, manufacturers plan to increase their production capacity to meet the growing demand for goods. The key players are spread across the globe and prefer to carry out their activities through joint ventures.
Japan Garage Door Market: Key Players
• Sanwa Holdings Group
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• Shenzhen Yaoertai Tech
• Guangzhou Apex Building Material Co., Limited
• Zhejiang Tofine Commercial & Trade Co., Ltd.
• Guangzhou Qixiang Industry Co., Ltd.
• Shenzhen Hongfa Automatic Door Co., Ltd.
• TOYO shutters
• Other prominent players
Japan Garage Door Market report also contains analysis on:
Japan Garage Door Market Segments:
o By source:
o By Commercial type:
Repair & reconstruction
• Japan Garage Door Market Dynamics
• Japan Garage Door Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints