Owing to benefits such as convenience, custom space-saving & style features, suitable for room transitions, ability to widen entryway, adjacent wall options, operability, pocket doors are experiencing rapid adoption as opposed to conventional panel doors, thus fostering progress in global pocket door market.
Covid-19 Impact & Market Status
Businesses are revising their business models and redesigning strategies due to the economic disruption caused by covid-19 pandemic and to align with current business models. Most importantly business models are thoroughly being revised to appropriately address the challenges. The market players in global pocket door market are aggressively targeting new opportunities to fortification amidst covid-19 pandemic and reverse financial vulnerabilities.
Thus new working models according to current market situations have been emerged and adopted by market veterans to unravel new growth possibilities. New players are steadily coining ways to sustain tremendous competition. The world economy is showing signs of deterioration due to the new omicron variant as well as impact the global pocket door market. However, the demand for pocket door is increasing due to new home living trends. The market players are man are maneuvering ways to recoup growth.
This report on the global pocket door market gives a detailed outlook of the market updated with Covid-19 pandemic inflicted changes and the current market panic and price fluctuations caused by the omicron variant. The current trends, investment opportunities, target markets, potential regions and countries have been documented in the global pocket door market report. This will help market players from policy-makers, investors, shareholders, raw material suppliers, and all the interested players and aspirants make well-informed business decisions.
Single Pocket Door Type to Emerge as the Most Lucrative Segment
The global pocket door market is classified into single, double, and unilateral pocket door types. Among these, single pocket door type is poised to incur the highest revenue streams owing to several advantages such as convenience, custom space-saving & style features, suitable for room transitions, ability to widen entryway, adjacent wall options, operability. Adoption of pocket door across diverse sectors is likely to support segment expansion in forecast years.
Fiber glass Field to Remain Atop
The global pocket door market is classified into wood, glass, steel, fiber glass, and aluminium based on material. Among these, the fiber glass segment in the forecast span is likely to be the most lucrative. Fiber glass pocket door are more affordable, non-breakable, corrosion resistant, structural strength, have superior strength-to-weight ratio, and have precise tolerance than glass of other material. These are some key factors increasing the demand of pocket door in global pocket door market.
Residential Segment to Ensure Revenue Maximization
The global pocket door market is classified residential and commercial based on end user. Among these, the residential segment accounted for largest market revenue in 2020 and is expected to be hold largest share in forthcoming years. The key factors such as growing focus of homeowners on improving the home aesthetics, accelerating living in place and outdoor living trends observed more through pandemic are propelling the growth of residential segment in global pocket door market.
North American Region to Render Ample Investment Avenues
North American region held the largest share of global pocket door market in 2020 and is expected to record substantial growth through forecast span. The growth factors are high disposable income, rising population, growing trend of in place and outdoor living accelerated through pandemic, growing focus on enhancing home architecture, presence of manufacturing companies providing a wide array of pocket door systems designed and tailored for residential or commercial projects, and other. Additionally, surge in residential and non-residential construction projects owing to rising population demanding space saving products is also another reason increasing North America’s share in global pocket door market.
The need for getting more from less space and accessible products with high style due to skyrocketing prices of home architecture and homebuilders, has improved the reliance on pocket doors.
Advantages such as superlative space maximising capabilities, affordability, easy installation, helpful in making environment quiet and peaceful, physical privacy, and ability to make adjacent and convenient connections encourage further adoption. These factors collectively influence thumping growth in global pocket doors market, ensuring overall market size of USD 11.23 billion by 2028 with an annual growth rate of 6% through the forecast span.
Pocket door is a uniquely designed sliding door which consists of conventional door mounted on rollers that glide along the overhead track. Owing to multiple advantages such as affordability, space saving, adjacent room, and recent trends observed in living in place and outdoor living has transformed the global pocket door market. Pocket door are therefore extensively used across residential, commercial and industrial sectors.
Factors such as growing production of eco-friendly & space saving doors, surging residential and commercial construction, increasing expenditure on home architecture, and increased demand of recyclable materials has spurred the progress of global pocket door market.
However, misconceptions about cheap and unreliable performance of pocket doors, high price packages of eco-friendly products may plague the global pocket door market growth. Nevertheless, today’s adaptations are taking over new construction in urban & industrial areas. Furthermore, growing living in place and outdoor/indoor living trends that have been accelerated through the pandemic, and rising disposable incomes are anticipated to be growth opportunity to the global pocket doors market.
The major players in global pocket doors market are Ferrero Legno, FOA Porte, LPD Doors, Bertolotto Porte, Seko, Ghizzi & Benatti, Portman, Fleetwood and Eclisse UK S.R.L among others. The global pocket door market is growing at a rapid pace especially with increasing focus on homeowners on enhancing home architecture and commercial business trying to adopt space saving options. The market is identified to have well-established international and domestic players with aggressive new start-ups prevalent in regional and local markets. Further, prominent industry behemoths are unravelling advanced products and technological upgradation for fortification in global pocket door market amidst the covid-19 pandemic. The companies provide a wide array of door designs with custom options to their customers across the world making them top players in global pocket door market.
Latest Innovations in the Global Pocket Door Market: a Snapshot
- In July 2021, AD Systems, specializing in sophisticated pocket doors amd interior sliding doors has unveiled its latest offerings of pocket doors under the brand, SuitSlide which is highly economical and is likely to be included in commercial, residential, and hospitality sectors.
- In April 2021, Apex has launched its latest designs of pocket or sliding doors under the brand, Novista Pocket Sliding Doors to encourage compact and cost-efficient designs. The offerings are available in dual options of IN Wall and Infinite. The development is crucial to propelling high return growth and investment returns in the global pocket doors market.
Pocket Door Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||USD 11.23 billion|
|Growth Rate||CAGR of 6% during 2021-2028|
|Segment Covered||Type, Application, End User, Regions|
|Regions Covered||North America, Europe, Asia Pacific, Middle East and Africa, South America|
|Key Players Profiled||Ferrero Legno, FOA Porte, LPD Doors, Bertolotto Porte, Seko, Ghizzi & Benatti, Portman, Fleetwood and Eclisse UK S.R.L|
Key Segments of the Global Pocket Door Market
Type Overview, 2018-2028 (USD Billion)
Application Overview, 2018-2028 (USD Billion)
- Fiber glass
End User Overview, 2018-2028 (USD Billion)
Regional Overview, 2018-2028 (USD Billion)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and South Africa