Date: 4 February 2014
Advances will primarily be driven by strong increases in both residential and nonresidential building,” states Freedonia analyst Toni Niu. Product upgrades and increasing concerns about energy efficiency will also contribute to window and door demand. These and other trends are presented in Windows & Doors in China, a new study from the Beijing office of The Freedonia Group, Inc., a Cleveland-based industry research firm.Demand for windows is projected to grow 7.8 percent per year to 375.5 billion yuan in 2017. Plastic will be the fastest growing material used in windows, with plastic window demand advancing 8.8 percent per year through 2017. Demand will benefit from the superior insulation performance and competitive costs of plastic windows, especially in residential applications. Metal will remain the dominant type of material, accounting for over 60 percent of overall window demand in 2017. Demand for metal windows will be driven by strong increases in industrial, office, and commercial building construction.
Demand for doors in China is projected to rise 8.5 percent per year to 194.5 billion yuan in 2017. Wood is the dominant material due to its ubiquitous use in interior doors for both residential and nonresidential buildings. Demand for wood doors is projected to grow 8.5 percent annually to 150 billion yuan in 2017. The increasing use of wood doors made of wood/steel and wood/plastic composites, as well as product upgrades, will support further advances in overall wood door demand. Metal will retain its dominant position in the entrance door segment in both residential and nonresidential applications.
The nonresidential market accounted for 54 percent of window and door demand in 2012. Window and door demand in the nonresidential market is projected to rise 9.5 percent per year to 328 billion yuan in 2017, boosted by strong growth in the industrial, office, and commercial segments. Demand for windows and doors in the residential market will grow 6.2 percent per year to 242 billion yuan in 2017, due to strong construction activity in both new single-family and multifamily housing.
Windows & Doors in China (published 01/2014, 251 pages) is available for $5300 from The Freedonia Group, Inc. For further details or to arrange an interview with the analyst, please contact Corinne Gangloff by phone 440.684.9600 or e-mail firstname.lastname@example.org. Information may also be obtained through www.freedoniagroup.com.
A limited license to use or reprint information from this news release is granted to you provided attribution for the same – including, if possible, the price of the report – is given to The Freedonia Group, Inc. (Cleveland, OH). We would also appreciate the courtesy of receiving a copy of the article or publication in which we appear.