From installation to repair and maintenance, the garage door market in the United States and Canada presents many opportunities for entrepreneurs and investors. Its annualized growth rate in the US alone, as reported by IBISWorld, is steady at about 2% per year. In 2020, despite the global coronavirus pandemic, the industry still approached a similar yearly rate of growth: 1.6%. This indicates that even the current economic downturn was not enough to curb the steadiness of the garage door market.
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