Wood Windows Growth WIll Be Slowest
Wood Windows Growth WIll Be Slowest

DALLAS - The U.S. windows and doors market will  grow robustly, aided by a rebound in construction expenditures from their depressed 2011 base, says a study by RnR Research, Dallas. The residential market is forecast to post double-digit advances in demand through 2016

But Demand for wood windows and doors is forecast to rise 8.1 percent per year to $10.4 billion in 2016. This is the slowest growth rate of all material types.

Another study, by Freedonia Group, says demand for windows and doors in the U.S. will rise 9.3 percent per year to $34.2 billion in 2016.

RnR says wood products demand will be checked by competition from plastic windows and doors, which provide superior energy efficiency and durability for less cost. Demand will be aided by the perception of wood as an aesthetically pleasing material that adds value to a home. Many builders and homeowners, especially in the mid-range and high-end housing markets, will continue to specify wood products.

.

Have something to say? Share your thoughts with us in the comments below.