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As editor in chief of Professional Remodeler, a lot of information crosses my desk. This blog will be a chance to share some of that with you, with an immediacy not possible with a monthly magazine. It's also your chance to tell me what you think about what I have to say. Whether you agree or disagree, I hope you won't be shy. Post here, write me at jonathan.sweet@reedbusiness.com or you can also follow me on Twitter at www.twitter.com/sweetedit.
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Monday, November 24, 2008
Windows & doors to be $40 billion market by 2012
Nov 24 2008 9:01AM | Permalink | Email this | Comments (0) |
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By Jonathan Sweet
The group says the windows and doors business will grow by an average annual rate of 2.8 percent, citing a modest housing recovery by 2012 and slower growth in the remodeling market. (The forecast includes both residential and commercial projects.) Window demand will grow 3.7 percent annually; doors 2.4 percent, the group says.
They forecast a 4.9 percent annual growth for fiberglass and vinyl products, compared to only 2.3 percent for wood and metal doors and windows. Wood will still represent the largest share of the market, at 41 percent, in 2012, the study says.
(Full study is not available online, but you can purchase it for the low, low price of $4,800 from the Freedonia Group.)
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