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Therma-Tru Named #1 Brand Used Most and #1 in Quality for 2021
April 20, 2021 GMT
MAUMEE, Ohio (BUSINESS WIRE) Apr 20, 2021
Therma-Tru has been named the “Brand Used Most” in the entry doors category, marking more than 20 consecutive years receiving this distinction. In the 2021
Builder Brand Use Study conducted by Zonda (formerly known as Hanley Wood), Therma-Tru ranked first in “Brand Used Most” and “Brand Used Most in the Past Two Years,” tied for first in “Highest Quality,” and ranked second for “Brand Familiarity.”
“We’re proud of our ongoing relationship with builders throughout the United States,” said Fenton Challgren, president of Therma-Tru Corp. “Knowing they continue to choose Therma-Tru more often than any other entry door brand shows our commitment to our builder partners.”
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The global doors market size is projected to grow from USD 90.6 billion in 2020 to USD 118.2 billion by 2025, at a CAGR of 4.8% between 2020 and 2025.
The growing construction industry and changing interior decor preferences of customers are driving the market for doors. However, high investment & installation costs of eco-friendly doors are expected to restrain this market. Rapid urbanization in emerging economies is expected to offer significant growth opportunities to manufacturers of doors. The major challenge faced by players is fluctuating raw material prices and growing environmental concerns and implementation of standards indoor products.
A door is a movable structure that is used for entry and exit into a specific place. It helps in controlling access to enclosed spaces and allows light, ventilation, and noise to enter. It acts as barrier for entrance into a building. It is made up of wood, glass, metal, composite, and plastic. Doors are constructed in several designs, styles, and patterns such as swinging doors, sliding doors, folding doors, and overhead doors. These doors are widely used in the residential and non-residential sectors and vary in requirement and applications.
In terms of value, the wood segment is projected to account for the largest share of the doors market, by material, during the forecast period.