DUBLIN--(BUSINESS WIRE)--The "Windows & Doors Market Forecast in the US by Product, Material, Market and Region" report has been added to ResearchAndMarkets.com's offering.
This study presents historical demand data (2006, 2011, and 2016) and forecasts (2021) by product (window, door, components & other products), material (metal, wood, plastic), market (new residential construction, residential improvement & repair, new commercial construction, commercial improvement & repair), and US region (Northeast, Midwest, South, West).
The study also evaluates company market share and provides competitive analysis on industry players, including:
- Andersen
- ASSA ABLOY
- JELD-WEN
- Marvin Companies
- Masonite International
- Pella
- Ply Gem
New Housing & Sales of Value-Added, Energy Efficient Windows & Doors Drive Market Growth
Gains will be fueled by ongoing strength in new housing activity, as well as by expanding commercial building construction. Growing demand for premium, high-performance windows and doors will also boost growth, as builders and property owners increasingly specify high-performance products with improved durability, energy efficiency, and aesthetics.
Vinyl & Fiberglass Windows & Doors to Post Fast Annual Gains
Of the three material types used to manufacture windows and doors, plastic is expected to see the fastest yearly advances. Ongoing adoption of vinyl windows and patio doors -relatively low cost, energy efficient products- will buoy sales. Rising demand for fiberglass entry doors and windows is also expected to bolster plastic’s overall market share, as builders and home and business owners become increasingly familiar with the material’s superior durability, aesthetics, and other performance advantages.
New Housing Construction Boosts Sales of Windows, & Interior & Entry Doors
The new residential market is forecast to outpace all other segments, driven by ongoing strength in housing completions and builders’ expanding use of premium windows and doors that attract buyers. New housing activity will particularly benefit sales of interior doors, including high quality stile-and-rail and solid-core flush types that are sold at higher price points than hollow-core or molded products. Vinyl windows will account for the leading share of growth in the residential I&R segment, with sales driven by the products’ cost efficiency, low maintenance requirements, and good insulation properties.
In the commercial market, healthy growth in spending for office, retail, lodging, and institutional buildings will boost sales of windows and doors, including automated products that adhere to universal design principles. Building owners will also increasingly invest in high performance fenestration products that reduce utility bills and meet green building codes (e.g., LEED).
Acquisitions & Product Development Remain Key Strategies for Window & Door Manufacturers
Window and door suppliers - including JELD-WEN, Pella, and PGT Innovations - are using acquisition activity to expand their market reach and boost positions in target geographic or product segments. Top manufacturers are also investing in product development to respond to popular design trends, such as demand for windows and doors that feature larger glazing areas and help connect indoor and outdoor living spaces.
For more information about this report visit https://www.researchandmarkets.com/research/t6kvzs/windows_and_doors?w=4
