U.S. demand for windows and doors is expected to top $31 billion in 2014, with demand for plastic products growing faster than the overall average and demand for metal goods trailing the field, according to a report by The Freedonia Group. The report also forecasts a 6.6% rise in window and door demand annually through 2014.
"Although housing completions will remain below the level reached at their cyclical peak in 2006, the recovery in new home construction will fuel above-average gains in the residential market for windows and doors through 2014," the industry research group says.
The report predicted that, due to advancements in design and efficiency, plastic (i.e., non-wood, non-metal) windows and doors will experience the most rapid sales growth, climbing about 10% per year. Metal windows and doors also experienced a growth in demand and overtook their wooden counterparts in demand during 2009. Demand for wood doors and windows will rise by more than 7% percent per year also, but due to competition from plastic and metal manufacturers, wood is not predicted to retake the market.
