U.S. window & door demand projected at $32.6 billion in 2009.CLEVELAND Cleveland, former county, England Cleveland, former county, NE England, created under the Local Government Act of 1972 (effective 1974). It was composed of the county boroughs of Hartlepool and Teeside and parts of the former counties of Durham and -- U.S. window and door demand is projected to increase 3.7% annually through 2009 to $32.6 billion, a deceleration deceleration /de·cel·er·a·tion/ (de-sel?er-a´shun) decrease in rate or speed. early deceleration from the 1999-2004 period due to a sharp drop in single-family sin·gle-fam·i·ly adj. Relating to or being a dwelling designed for one family only: a single-family home; single-family occupancy. housing completions, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. The Freedonia Group Inc. Freedonia, a market research firm, added that it projects a "strong rebound rebound (rē´bownd), n/v 1. a recovery from illness. n 2. an outbreak of fresh reflex activity after withdrawal of a stimulus rebound adjective " in non-residential construction. Demand for wood doors, used primarily in housing, will grow 1.8% per year from $11.32 billion in 2004 to $11.95 billion in 2009. Metal doors, largely purchased for non-residential construction, will advance 4.2% annually, from $10.11 billion in 2004 to $12.32 billion in 2009. In addition, plastic windows and doors will continue to make inroads inroads Noun, pl make inroads into to start affecting or reducing: my gambling has made great inroads into my savings inroads npl to make inroads into [+ as a replacement for both wood and metal products, growing in demand by nearly 8% annually from $5.67 billion in 2004 to $8.28 billion in 2009, according to Freedonia's recently released "Windows & Doors" study. Freedonia notes, "Plastic materials have primarily rivaled wood products in the residential market, due to their advantages of high energy efficiency, low maintenance requirements and relatively low costs. Plastic does not have the durability du·ra·ble adj. 1. Capable of withstanding wear and tear or decay: a durable fabric. 2. necessary to compete heavily against metal in the non-residential market. Nonetheless, plastic's share of total value demand has risen from 9% in 1994 to 21% in 2004 and is expected to exceed 25% by 2009. This share is even higher when measured in units due to the lower cost of these products." The residential market accounted for about three-quarters of window and door demand in 2004, Freedonia adds. "This is not only due to the size of the residential construction industry, but also because this market tends to place a higher value on aesthetics aesthetics (ĕsthĕt`ĭks), the branch of philosophy that is concerned with the nature of art and the criteria of artistic judgment. and energy efficiency, which leads to the use of higher-cost products. Furthermore, several trends in housing characteristics continue to support growth in window and door demand per residential structure, including increases in the average home size and the growing popularity of patios and decks. The large stock of existing homes also provides a base for improvement and repair purchases of window and door products." Freedonia projects the demand for new residential windows and doors will be "flat" through 2009, while the improvement and repair market will grow nearly 6% annually. The 372-page "Windows & Doors" study is available for $4,200 from The Freedonia Group Inc. Phone Corinne Gangloff at (440) 684-9600 or visit www.freedoniagroup.com. |
|
||||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion