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Garage Door Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Garage Door Manufacturing Market Research Report | Consumer Goods & Services | Lifestyle Goods Stores | Jan 2016

Open-door policy: Rising construction activity will unlock new opportunities for the industry

IBISWorld’s Garage Door Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Griffon Griffon  market share
Overhead Door Overhead Door market share
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 10-15
4.1%
Annual Growth 15-20
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Profit
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Employment
17,928
Businesses
773
Industry Analysis & Industry Trends

The Garage Door Manufacturing industry is anticipated to benefit from rebounding demand over the five years to 2015. The industry is recovering from considerable lows, with economic recovery since 2010 spurring demand for construction and new homes and buildings that require garage doors. The next five years are likely to be promising for industry operators. The number of housing starts, demand from commercial building construction and demand for remodeling are all forecast to increase. Additionally, raw material prices (e.g. steel and wood) will be more stable, improving industry profit margins.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Garage Door Manufacturing industry is in the mature phase of its life cycle because of its established markets, product saturation and consolidation activity. Industry value added (IVA), which represents the industry's overall contribution to the economy, is expected to increase at an average annual rate of 2.7% from 2010 to 2020. Comparatively, national GDP is projected to grow at an annualized 2.2% over the same period. Though industry IVA is slightly outpacing the economy as a whole, this is primarily due to a strong recoup in losses following the recession.

The industry's clearly defined product groups and user industries are further indicative of its mature phase. Industry operators like the Griffon Corporation, for example, are influential players in the industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Garage Door Manufacturing Industry?

This industry includes establishments that primarily manufacture garage doors. Manufacturers of garage door openers and installers of garage doors are excluded from this industry.

Industry Products
Sectional garage doorsRolling garage doorsCanopy garage door Swing garage door
 
Industry Activities
Manufacturing aluminum garage doorsManufacturing steel garage doorsManufacturing wood garage doors


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