by The aluminum window profile market comprises aluminum extrusions that are used in the manufacturing of aluminum window frames and casement windows. Aluminum window profiles are highly durable and corrosion resistant. They provide excellent thermal insulation and are lightweight in nature. They find widespread applications in both commercial and residential construction for windows, doors, curtain walls, and storefronts.
The global aluminum window profile market is estimated to be valued at US$ 952.74 Mn in 2023 and is expected to exhibit a CAGR of 4.6% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
Driver 1: Growing construction industry worldwide: The growing construction industry, especially in emerging economies such as India, China, and countries in Southeast Asia is expected to drive the demand for aluminum window profiles over the forecast period. Rapid urbanization and increasing investments in infrastructure development are fueling the growth of the construction industry. Aluminum window profiles are widely used in residential as well as commercial construction for windows and doors.
Driver 2: Increasing demand from remodeling and renovation activities: The demand for aluminum window profiles is also expected to increase significantly from remodeling and renovation activities of old buildings and infrastructure. Renovation of old buildings provides an opportunity for replacement of old window frames with more energy efficient aluminum window profiles. This is anticipated to contribute to the market growth during the forecast period.
Segment Analysis
The Global Aluminum Window Profile Market Size can be segmented based on product type, system type, mechanism type, application, and region. Based on product type, the market is segmented into sliding, casement, and fixed window profiles. The sliding window profiles segment dominates the market and is expected to continue its dominance over the forecast period. Sliding window profiles provide easier window operations, save space, and allow maximum ventilation.
PEST Analysis
Political: Government regulations regarding energy efficiency in buildings are driving the adoption of aluminum window profiles as they provide better insulation compared to wooden or PVC profiles.
Economic: Rising disposable incomes and growth in construction industry especially in developing countries is fueling the demand for aluminum window profiles.
Social: Increasing popularity of modular kitchens and preference for large windows in homes is benefiting the market.
Technological: Advancements in extrusion technology have enhanced design flexibility and enabled mass production of aluminum window profiles with various shapes and sizes.
Key Takeaways
The global aluminum window profile market is expected to witness high growth over the forecast period. The global aluminum window profile market is estimated to be valued at US$ 952.74 Mn in 2023 and is expected to exhibit a CAGR of 4.6% over the forecast period 2024 to 2031.
The Asia Pacific region is expected to continue dominating the market owing to rising population, rapid urbanization, and increasing disposable incomes in countries like China and India.
Some of the key players operating in the aluminum window profile market are Amcor Limited, Bemis Company, Sealed Air Corporation, Berry Plastics Group, Inc., Mondi Group, Sonoco Products Co., Huhtamäki Oyj, Constantia Flexibles Gmbh, Ampac Holdings, Llc, Bischof + KleinInternational, Wipak Group, AR Packaging, Goglio Group, Schur Flexibles, Clondalkin Group, Flair Flexible Packaging Solution Cellpack Packaging, and Südpack Verpackungen.
Key players are focusing on new product launches catering to emerging applications. For instance, Amcor Limited offers aluminum foil laminate profiles for various industrial applications such as automotive, pharmaceutical packaging, etc.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
