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, in turn, propelling the sales of shower glass doors in the country. Besides the rapid urbanization, the growth of the real estate industry is also positively impacting the demand for shower glass doors in the country. As shower glass doors are required in commercial and residential units such as resorts, hotels, apartments, and individual houses, the modernization and expansion of the real estate industry are causing a massive rise in their demand all over the country.
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The other important factor powering the sales of shower glass doors in the U.S. is the rapid expansion of the tourism and hospitality sector. As per a report published by the U.S. Travel Association, in the country, domestic travel grew by 1.7% in 2019. Moreover, 2.3 billion person-trips were recorded in the country during that year. Due to the increasing number of tourists, the construction of resorts and hotels is rising sharply in the country.
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.
Between these, the demand for the frameless shower glass doors will be higher in the country in the coming years. This will be because of the growing utilization of heavyweight frameless shower glass door units in various establishments. Additionally, these doors are available in a greater number of designs than the framed ones. Depending on door type, the U.S. shower glass door market is divided into bifold, sliding, and single categories.
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.