CLEVELAND, Sept. 12, 2019 /PRNewswire/ -- According to the new Freedonia Group market study Windows & Doors, demand for fiberglass doors is forecast to rise 4.4% per year to $1.8 billion in 2023, outpacing all other material types and supported by such factors as:
- continuing penetration of fiberglass products into the entry door product segment
- manufacturer efforts to offer products that have more realistic woodgrains and textures, improving their appearance
- modest growth in other product segments as fiberglass doors make inroads into markets where vinyl plays a major role, such as patio and storm doors
Manual entry doors will continue to account for the largest share of fiberglass door demand through 2023. Consumer knowledge and acceptance of the material's performance advantages are expected to drive growth.
Fiberglass is also forecasted to see increasing use in other door product segments as consumers seek out alternatives to products such as metal residential garage doors or vinyl patio doors in high-end residential homes.
Please contact Corinne Gangloff for an interview with the analyst Matt Zielenski. The study page for citations is here: https://www.freedoniagroup.com/industry-study/windows-doors-3726.htm
About The Freedonia Group – The Freedonia Group, a division of MarketResearch.com, 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. Each study includes product and market analyses and forecasts, in-depth discussions of important industry trends, and market share information. Studies can be purchased at www.freedoniagroup.com and are also available on www.marketresearch.com and www.profound.com.
Press Contact:
Corinne Gangloff
+1 440.684.9600
[email protected]
SOURCE The Freedonia Group
Related Links
https://www.freedoniagroup.com/
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