Investing in a UPVC doors and windows factory in the UAE is regarded as a promising investment opportunity in 2022. The UAE is currently seeking to promote the domestic economy and reinforce fundamentals of its non-oil economy, striving to elevate the UAE economy to a distinguished standing amidst the world’s economies.
What are UPVC doors and windows?
The UPVC doors and windows project revolves around manufacturing doors made from unplasticized polyvinyl chloride. UPVC products stand out for its durability, lightweight nature, and corrosion resistance. Additionally, it also features vibrant colors, easy installation, and affordable prices that cater to all target audiences.
In 2019, the global market of UPVC products was estimated at USD 46.07 billion. It is expected to reach USD 74.9 billion, indicating an annual growth rate of 6.30%.
According to the past six-year statistics, Mashroo3k reports that the UAE annual average imports of plastics reached USD 4.87 billion. Furthermore, the number of public establishments has increased to 638 in 2020, with an annual growth rate of 6.10%. It is expected that a UPVC doors and windows factory will generate high returns and be one of the most profitable projects in the UAE.
Don’t hesitate to contact the Mashroo3k Investor Services team for obtaining further details on the latest economic sector indicators and investment opportunities in the UAE, as well as prominent financing entities supporting prosperous investment projects in the UAE.
