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Global 240 Million USD Hermetic Sliding Doors Market Fragmented with Fierce Competition - QYResearch Report

Author: QYResearch  |   Published Date: 2021-05-10   |   Views: 53



The hermetic sliding door system is specially designed for use in areas where clean, hygienic, well-sealing doors are required. The global Hermetic Sliding Doors market was valued at US$ 237.95 million in 2020 and is expected to reach US$ 341.56 million by the end of 2027, growing at a CAGR of 5.36% during 2021-2027.

There are many manufacturers in the industry. Key suppliers include ASSA ABLOY, Nabtesco, GEZE, Record, Metaflex, Portalp, Tormax, Hormann, Thermo, SPENLE, KONE, Panasonic, Dortek, Manusa, Ponzi Ingressi Infissi, KBB Doors, SHD ITALIA, Zhongxun Medical, SAMEKOM, Deutschtec, etc.  The industry is fragmented. The top 3 players only account for about 28 market share. The remained market was held by many small and medium sized companies.

The consumption of Hermetic Sliding Doors is related to government investment. As there will always be some uncertainty in the global economy in the following years, the growth rate of the Hermetic Sliding Doors industry may not keep that fast. But it is surely forecasted that the market of Hermetic Sliding Doors is still promising. Asia-Pacific occupied the largest sales market share with 44% in 2020. It is followed by Europe and North America. The Asia Pacific is expected to be the fastest-growing market over the forecast period owing to large investment by the government. This can primarily be attributed to the considerable China market, which contributes significantly to global volume as well as revenue generation.

 

Read More Information: https://www.qyresearch.com/index/detail/3111749/global-hermetic-sliding-doors-market

 

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