PVC Joinery Products Market to Witness Huge Growth by 2027

PVC Joinery products are made from sections of frames, which are cut to length and joined together to form the shapes of the products. The frames are made by putting molten PVC through a molding machine and it comes out the other end in long sections of frame which is cooled almost immediately before being cut to length. DIY, standing for “do-it-yourself.” It refers to the activity of decorating, building, and making repairs at home by oneself rather than employing a professional. It is common for DIY PVC joinery to be divided into 2 categories.

PVC is the material that the frame of the double glazed windows is made off. This material is based on plastic powder (unplasticized polyvinyl chloride, PVC), which is heated up and injected into a mould in order to form its shape. PVC windows are made from section of frame, which is cut to length and joined together to form the shape of the window.

Unplasticised Polyvinyl Chloride, which is the full name of PVC, is a type of plastic that’s tough and hasn’t had any additives inserted when manufactured. It’s the most popular choice of material for homeowners looking to install new doors, mainly because of its low price tag. DIY PVC joinery is commonly used in residential and commercial areas. A residential area is a land used in which housing predominates, as opposed to industrial and commercial areas. These include single-family housing, multi-family residential, or mobile homes.

Commercial refers to activities of commerce—business operations intended for an exchange on the market with the goal of earning profits. Commercial buildings are buildings that are used for commercial purposes, and include office buildings, warehouses, and retail buildings (e.g. convenience stores, \'big box\' stores, and shopping malls).

 

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Market Analysis of the European DIY PVC Joinery Industry

According to our research, the Europr DIY PVC Joinery market has a total revenue of 660.59 M USD back in 2015, and increased to 817.44 M USD in 2019. We made a series of functional calculation and deduced the past 5 year’s data with scientific model. Finally, we made the prediction that the value of DIY PVC Joinery markets can be 1197.47 M USD by 2027. The CAGR of DIY PVC Joinery is 4.89% from 2019 to 2027. DIY PVC Joinery companies are mainly from Germany; the industry concentrate rate is high. The top three companies are Groupe Adeo, Kingfiser, Obi with the revenue market share of 17.95%, 12.79% and 9.00% in 2019.

The growth of the DIY PVC Joinery market is driven by the downstream demand market. As the global economy develops, the population continues to increase. Growing market demand plays an active role in the expansion of the DIY PVC Joinery market. Higher product quality and more affordable products will be one of the growth opportunities in this market in the future. At the same time, competition in new regions may become more intense. This may become a factor hindering market growth.

 

Impact of the Outbreak on the DIY PVC Joinery Industry in Europe

Global COVID-19 confirmed cases of more than 1 million cases indicate that the epidemic has developed to a severe stage. At present, governments of all countries have taken increasingly strict measures to curb the spread of the virus. Global intermediate products account for more than half of all goods trade, and global supply chains have been closely integrated. China, the United States and Germany have become the industrial chain hubs in East Asia, North America and Western Europe respectively. The epidemic has an impact on the industrial chain, especially for industries with a high degree of integration in the global value chain, such as automobiles, electronics, and mechanical equipment. The COVID-19 epidemic has led to a slowdown in manufacturing activities, mainly reflected in parts shortage, labor disruption, and traffic disruption. As global supply chains may continue to be interrupted, global manufacturing output may also shrink significantly.

The shadow of the second epidemic in continental Europe poses new challenges to the recovery of DIY PVC Joinery Industry. For example, by the end of July 2020, due to repeated epidemics in some British towns, the British government has reinforced epidemic prevention and restriction measures. The second round of epidemic prevention and control measures in the entire European region will affect the flow of people and activities, and then affect logistics. Manufacturing, especially labor-intensive industries, will be affected by the supply of raw materials and labor shortages.

First, economic activity in Europe continues to shrink. Affected by the spread of COVID-19, the economic indicators of the European Union and the Eurozone in the first half of 2020 have been weak. The comprehensive PMI, which reflects the overall economic activity of the Eurozone, hit record lows one after another. A large number of industries have turned to the government for assistance, stating that if there is no government bailout, more than 50% of the companies in the industry will face bankruptcy. Influencing the development of DIY PVC joinery industry on the manufacturing side. Secondly, unemployment rates in more than 18 European countries have increased and employment risks have increased. The large-scale outbreak of the epidemic and the suspension of economic activities have caused the unemployment rate in the European Union and the Eurozone to rebound again, and the youth unemployment rate has risen particularly rapidly. Obviously, if the economic shutdown continues, SMEs are bound to be unsustainable, and the risk of rising unemployment in the region will accelerate. Has a huge impact on the downstream market of DIY PVC joinery industry.

The epidemic will promote the automation and flexible production of DIY PVC Joinery Industry. Enterprises in the industry will tend to hire more high-tech talents and high-skilled, multi-skilled composite workers, reduce dependence on labor, and better cope with labor Volatility can also reduce labor costs in the industry. At the same time, a large number of

companies in the DIY PVC Joinery Industry will pay more attention to the standardization of parts, intelligent logistics, and strengthening the anti-risk ability of the supply chain will also receive more and more attention, so as to establish a more stable production and transportation line.

 

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