US Window & Doors Market to hit $34.2 billion in 2016: Report Buyer

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Windows and doors market forecast to rise 9.3% annually to 2016

Report Buyer

The report ‘Windows & Doors: US industry forecasts for 2016 & 2021’ states that US demand for windows and doors are forecast to rise a stable 9.3% annually to hit $34.2 billion in 2016. This will mark a turnaround from the declines of the 2006-2011 period, when housing completions and building construction expenditures dropped drastically, causing window and door demand to fall as well.

According to the 468 page report, plastic windows and doors will see the strongest gains through 2016, advancing nearly 12 percent per year to $9.8 billion. Growth will be driven by continuing demand for plastic products because consumers perceive them as energy-efficient. Plastic windows and doors have taken market share from wood and metal products in recent decades and will continue to do so over the forecast period. Vinyl windows and fibreglass doors are relatively inexpensive, but offer such performance properties as durability and minimal maintenance requirements. Efforts by manufacturers to improve the aesthetics of plastic products by offering fibreglass doors with woodgrain textures and vinyl windows in a wider range of colours will promote demand in both unit and value terms.

About Report Buyer.
ReportBuyer.com is the independent online store for global business information. The website now lists more than 300,000 company overviews, market research reports, industry studies and business books from over 300 specialist publishers.

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