What Does the Emergence of China as #1 Window and Door Market Mean to Us?
The U.S. has long been the single largest window and door market in the world, but apparently that's changing. According to a new Freedonia Group report highlighted in this week's news, China will surpass us in the next few years.
I guess that isn't a shocker. Given the population alone, it makes sense, and with the stories we've heard for years about China's growth and its increasing stature as a global economic power, it should have been evident long ago that it was only a matter of time. The question I'll ask here is does this loss of the number one position in window and door market size mean anything to us here in the U.S.?
In this week's poll, we ask if this means anything overall, but I'm more interested in hearing your thoughts on how China's number one position might specifically impact our industry here. What does it mean that we may no longer be able to claim to be the biggest?