Market Overview

Plastic Residential Door Demand to Grow 4.4% Annually Through 2022

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Plastic Residential Door Demand to Grow 4.4% Annually Through 2022

Replacement doors accounted for 57% of the residential market in 2017

PR Newswire

CLEVELAND, Aug. 13, 2018 /PRNewswire/ -- Sales of plastic residential doors is forecast to advance 4.4% per year to $2.2 billion in 2022. Faster sales gains are projected for the new construction market, as builders increasingly recognize the performance benefits of vinyl and fiberglass exterior doors and their attractiveness to potential homeowners. These and other trends are presented in Residential Windows & Doors Market in the US, 2nd Edition, a new study from The Freedonia Group, a Cleveland-based industry research firm.

Freedonia Group logo (PRNewsFoto/The Freedonia Group)

More information about this study is here: https://www.freedoniagroup.com/industry-study/residential-windows-and-doors-3641.htm

Unlike wood doors, the larger share of plastic door sales is generated by replacement doors, which accounted for 57% of the residential market in 2017. The replacement market is larger for plastic because the material is primarily used in the manufacture of exterior doors, which typically have shorter lifespans than interior products due to more intensive foot traffic and damage from weather and climate conditions. Many homeowners are also more likely to replace older exterior doors, as these products have more visibility and therefore affect a home's curb appeal.

Sales of all types of residential windows and doors are forecast to grow 3.7% per year to $24.4 billion in 2022. Increased spending on new housing and renovation activity will drive sales gains, as will a shift in product mix toward higher value windows and doors. Homeowners are expected to increasingly opt for products that offer superior performance and aesthetics, typically sold at higher price points.

Related studies include:
#3648 Commercial Windows & Doors Market in the US, 2nd Edition (August 2018)
#3588 Global Windows & Doors, 8th Edition (December 2017)
#3572 Windows & Doors Market Forecasts (September 2017)
#3559 Doors Market in the US (August 2017)
#3530 Windows Market in the US (June 2017)

About The Freedonia Group, a division of MarketResearch.com – The Freedonia Group is a leading international industrial research company publishing more than 100 studies annually. Since 1985, we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Additional Construction & Building Products studies can be purchased at https://www.freedoniagroup.com, www.marketresearch.com and www.profound.com.

Press Contact:

Corinne Gangloff
+1 440.684.9600
cgangloff@freedoniagroup.com

 

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SOURCE The Freedonia Group

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