US Window & Door Demand To Reach $31 Billion In 2007

US window and door demand is projected to advance 4.9 percent per year through 2007 to $31 billion. Strong growth in nonresidential construction expenditures will support gains, offsetting a weak outlook for the large residential market.

The prospects for windows and doors in office, commercial and industrial buildings will be particularly favorable as a result of a recovery in the construction of these buildings.

Several factors will work to offset the effects of the soft housing environment on residential window and door demand, including increases in average home sizes and the growing use of value-added products. These and other trends are presented in Windows & Doors, a new study from The Freedonia Group, Inc., a Cleveland-based industrial market research firm.

Plastic windows and doors will continue to lead demand gains through 2007, advancing 7.3 percent annually to $6.2 billion. Although growth will decelerate from the historical pace as a result of growing market maturity, plastic windows and doors will continue to gain market share at the expense of metal and wood products. Growth will also be bolstered by greater acceptance of these window and door materials in new residential applications. Gains for products such as fiberglass entry doors will be particularly strong over the forecast period as these products are quickly increasing market penetration.

Despite the strong growth projected for plastic windows and doors, products made from metal and wood materials will continue to dominate dollar value demand through 2007. Of these two material segments, metal windows and doors will offer the stronger growth prospects, rising 5.8 percent per year through 2007 to $13 billion. These above-average gains will allow metal to regain its position as the dominant window and door material, following a weak performance in 2002. This weakness, as well as the strength forecast through 2007, is primarily a result of patterns in the construction of industrial buildings, a key end use for metal products. Advances
in metal window and door demand will also be supported by a favorable outlook for office and commercial building construction.

600450 US Window & Door Demand To Reach $31 Billion In 2007
Date: 18 April 2003
Source: Freedoniagroup

See more news about:

Others also read

Local quality glass producer Emirates Glass Limited has won contracts to supply 68,000 square metres of its high quality EmiCool glass to five major projects in Dubai.
Southwall Technologies Inc. (Nasdaq:SWTX), a global developer, manufacturer and marketer of thin-film coatings for the electronic display, automotive glass and architectural markets, today announced that on Dec. 18, 2003, it secured an agreement for a new bank loan guarantee and equity financing package of up to $7.5 million from Needham & Company, Inc., its affiliates and Dolphin Asset Management.
China's largest automobile glass maker Fuyao Glass Industry Group Co, Ltd, won its case against the dumping ruling of the US Department of Commerce (DOC).
When did the wine industry start using glass bottles, and how did they settle on their current size of 750ml? For the answer to these questions, you have to go back in time - back thousands of years to when wine was first cultivated and enjoyed.
Praxair, Inc. (NYSE: PX) today announced that its subsidiary Praxair Canada Inc.'s specialty gases plant in Paris, Ontario, Canada, is one of Praxair's first specialty gases plants in North America to complete the upgrade to ISO 9001:2000, the latest ISO 9000 standard for quality.
KUB Malaysia Bhd has accepted an offer from Nippon Sheet Glass Co Ltd (NSG) to acquire its 15% stake in Malaysian Sheet Glass Bhd (MSG) for RM32.6 million in cash, or RM2.68 per share.

Add new comment