Why will U.S. Shower Glass Door Market Boom in Southern U.S. in Future?
The U.S. is witnessing a sharp surge in the sales of shower glass doors, on account of the rising urbanization rate in the country. As per the 2018 Revision of World Urbanization Prospects by the United Nations Department of Economic and Social Affairs (UNDESA), by 2050, nearly 68% of the global population is predicted to live in various urban areas. Due to the surging urbanization rate in the country, people are heavily investing in various commercial, industrial, and residential setups.
This is propelling the sales of shower glass doors in the country, which is, in turn, driving the growth of the U.S. shower glass door market. As a result, the value of the market is predicted to rise from $3,188.3 million in 2019 to $6,781.9 million by 2030. Furthermore, the market is predicted to progress at a CAGR of 7.5% from 2020 to 2030. Framed and frameless are the main two types of shower glass doors sold in the U.S.
Out of these, the single door category will register the fastest growth in the market in the future years, as per the estimates of the market research company, P&S Intelligence. The main factor powering the growth of this category in the U.S. shower glass door market is the higher preference of customers for custom-built shower glass doors over the other variants, on account of the fact that these doors make the commercial and residential units aesthetically pleasing and valuable.
Hence, it is quite clear that the demand for shower glass doors will skyrocket in the U.S. in the future years, mainly because of their rising requirement in various residential and commercial establishments and the increasing urbanization rates all over the country.
Source: P&S Intelligence