CLEVELAND – Global demand for windows and doors is projected to rise 5.0% per year to $150 billion in 2011, according to The Freedonia Group Inc., an industry market research firm.

Product sales will be spurred by generally healthy economic growth, rising per capita income and ongoing industrialization efforts in developing parts of the world. China, India, Mexico and Russia will register some of the largest sales increases; market gains are also expected to be strong in lower-volume markets such as Malaysia, Indonesia, Ukraine, Iran and Turkey.

Although growth will be less robust than in developing nations, fenestration demand in developed areas will climb as well. In most industrialized countries, repaid and improvement-related window and door demand will outperform sales in new construction applications. In the United States and Japan, new housing starts are expected to decline, preventing overall window and door demand in these nations from expanding at a faster rate through 2011.

World demand for vinyl, fiberglass and other plastic door products will outpace increases for other product types. However, come 2011, wood and metal products will continue to account for a larger share of window and door demand in many areas and sales of these items will rise along with construction spending.

The full 387-page report, World Windows & Doors is available for $5,800. For further details, contact Corinne Gangloff at (440) 684-9600 or visit www.freedoniagroup.com.

 

WORLD WINDOW & DOOR DEMAND

(billion dollars)

 

2001

2006

2011

North America

27.8

36.8

44.2

Western Europe

27.1

32.4

37.9

Asia/Pacific

22.6

36.1

51.7

Rest of World

8.2

12.3

16.3

World Total

85.7

117.5

150.0

 

Source: The Freedonia Group Inc.

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