A comprehensive industry overview and market perspective are included in the latest study from MarkNtel Advisors titled Southeast Asia UPVC Windows and Doors Market. The research provides a detailed overview of the current market state, including market trends and the most recent advancements made globally. In-depth analysis of market size, share, industry trends, forecast, and competitive environment is covered in the report that presents clear picture of the market with relevant statistical data.

The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.

Southeast Asia UPVC Windows and Doors Market Definition:

UPVC (Unplasticized Polyvinyl Chloride) windows and doors are a type of building fixture used for both residential and commercial construction. They are made from a rigid form of PVC, where no plasticizers or additives are used, making them more durable, strong, and resistant to environmental factors. They become increasingly popular in the construction industry due to their energy efficiency to prevent heat transfer and maintaining a comfortable indoor temperature.

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Southeast Asia UPVC Windows and Doors 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 UPVC Windows and Doors Market Key Driver:

Increasing Investment in Tourism & Hospitality Sector to Escalate Market Growth -  Southeast Asia region’s economy majorly depends upon agriculture, trade, and tourism industry for revenue generation. According to the Organisation for Economic Co-operation and Development (OECD), travel and tourism industry contributed nearly 11.7% of GDP to the Southeast Asian economy and provided about 13.2% of total employment. Over the years, the region’s tourism industry emerged due to its landscapes, and affordable tourism options. In addition, countries such as, Thailand, Indonesia, Vietnam, etc., in this region majorly depend on tourism for revenue generation as their other sectors are not much developed. Consequently, the governments of these countries are actively working to expand their tourism sectors, aiming to amplify the sector's contribution to their respective GDPs. For instance,

• In 2022, the sectors contribution to regional GDP was reported around 10% in Vietnam, Singapore, and Malaysia and 20-25% in Thailand, Cambodia, and the Philippines as per the Asian Development Bank.

Thus, growth of the tourism sector resulted in the increasing construction of hotels, resorts, restaurants, and other commercial facilities in the region since the historical years. With the increase in commercial construction due to the soaring tourism industry, the region has been witnessing a higher demand for UPVC windows and doors too, as they offer durability, low maintenance requirements, and provide good thermal insulation properties, unlike traditional materials.

Southeast Asia UPVC Windows and Doors Market Leading Key Players:

Indonesia, Vietnam, Malaysia, Singapore, Thailand, The Philippines, Rest of Southeast Asia), By Company (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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Southeast Asia UPVC Windows and Doors Market Segmentation:

Based on Product Type

- UPVC Windows- Market Size & Forecast 2018-2028, (USD Million)

-- Casement Window

-- Sliding Window

-- Bay Window

-- Others (Fixed, Tilt and Turn, etc.)

- UPVC Door- Market Size & Forecast 2018-2028, (USD Million)

-- Slide & Floor Door

-- Casement Door

-- Lift & Sliding Door

-- Others (French, Sliding, etc.)

Based on End User

- Residential- Market Size & Forecast 2018-2028, (USD Million)

- Commercial- Market Size & Forecast 2018-2028, (USD Million)

- Industrial- Market Size & Forecast 2018-2028, (USD Million)

Based on Demand Type

- New Installation- Market Size & Forecast 2018-2028, (USD Million)

- Repair & Replacement- Market Size & Forecast 2018-2028, (USD Million)

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Southeast Asia UPVC Windows and Doors Market Geographical Analysis

By Region

- Indonesia

- Vietnam

- Malaysia

- Singapore

- Thailand

- The Philippines

- Rest of Southeast Asia

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