2023: Interior door sales up 75% over 4 years
In 2019-2023, sales of wooden interior doors in Russia increased by about 75% - from 7.8 million to 13.7 million units. One of the key growth factors was the increase in housing construction due to the action of preferential mortgage programs. This is stated in the review of BusinesStat, presented in early February 2024.
The statistics take into account doors of different designs (swing, sliding, folding, pendulum), made according to various technologies (panel, shield, chase, royal). Wood boards or wood arrays can be used as material. Significant players in the Russian market are Profildoors, PC Volkhovets, VFD, KMDK Soyuz-Center and TD Mario Rioli.
Analysts note that the industry is showing stable growth, despite macroeconomic challenges and a worsening geopolitical situation. The share of imported doors in the Russian market is small, and in general the industry does not depend on the supply of products from abroad. In addition, despite interest rate spikes and general price increases, in the context of the crisis, real estate investments were in high demand among Russians.
In 2020, it is estimated that approximately 8.72 million wooden interior doors were sold in Russia, which is 11.4% more than in the previous year. In 2021, a sharp jump followed: demand rose by 35.5% - to 11.82 million units. The main driver was the high rate of commissioning of new housing in the country. In 2022, the growth rate decreased to 13.4%, and the final result was 13.4 million units. Against the background of sanctions, domestic manufacturers faced difficulties in purchasing imported components from Europe. Russian companies had to urgently look for both alternative supply routes and new suppliers, including in the domestic market.[1]