CLEVELAND, Nov. 30, 2021 /PRNewswire/ -- Global demand for vinyl windows is forecast to increase 4.0% per year to $42.5 billion in 2025. Cost efficiency is the primary factor driving sales, as vinyl windows can offer a number of performance advantages over both metal and wood products at a competitive price. These and other trends are presented in the new Global Windows & Doors study, just published from The Freedonia Group.
Other drivers of sales gains include:
- increasingly stringent building codes and energy efficiency regulations that promote the use of highly insulative windows
- rising urbanization and the associated demand for windows with good sound deadening properties
- more intensive use in applications such as nonresidential buildings and multifamily housing, where low-maintenance, low-cost materials are preferred
- improvements to the aesthetics of vinyl windows, including more color options and textures that closely resemble wood
Emerging markets will account for the bulk of sales growth for vinyl windows, as these windows have already seen widespread penetration in Europe, the US, and Canada
About the Freedonia Group - The Freedonia Group, a division of MarketResearch.com, is the premier international industrial research company, providing our clients with product analyses, market forecasts, industry trends, and market share information. From one-person consulting firms to global conglomerates, our analysts provide companies with unbiased, reliable industry market research and analysis to help them make important business decisions. With over 100 studies published annually, we support over 90% of the industrial Fortune 500 companies. Find off-the-shelf studies at https://www.freedoniagroup.com/ or contact us for custom research: +1 440.842.2400.
Press Contact:
Corinne Gangloff
+1 440.842.2400
[email protected]
SOURCE The Freedonia Group
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