Window and Door Demand to Grow 6.9 Percent by 2018
May 27, 2014
Demand for windows and doors in the United States is estimated to grow 6.9 percent per year to $31.9 billion by 2018, according to a new study by The Freedonia Group. Plastic windows and doors will see the most growth at 8.2 percent per year, while metal and wood windows and doors will grow 6.7 percent and 6.2 percent each year, respectively, according to Freedonia.
The study shows the growth will be propelled by a rebound in housing completions and building construction spending. Changing customer preference will also drive higher sales margins. “Growing consumer preferences for higher end products such as triple glazed windows and insulated entry doors will also boost demand,” said analyst Mariel Behnke.