Key Takeaways from Analyst
The market can witness growth at a steady rate over the next five years. North America currently dominates this market, owing to rising home remodeling and construction activities in the region. However, Europe is expected to be the fastest growing market.
Increasing popularity of barn-style interior doors can drive this market growth. These versatile doors are becoming a preferred choice for interior spaces in modern homes as these add a rustic charm. Changing consumer preferences towards aesthetically appealing interior décor solutions also presents an opportunity for market growth.
Availability of alternative sliding door hardware options can hamper the market growth. Barn door tracks and rollers have to compete with other popular hardware such as traditional hinges. Availability of cheap Chinese imports on online platforms also intensifies competition.
Weight restrictions of barn door tracks limit their usage to lightweight doors only. Heavy wooden doors may damage lightweight aluminum tracks. This can reduce repeat purchases and impact revenues.
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