Door and Window Demand in China to Grow More Than 8 Percent AnnuallyFebruary 3rd, 2014 | Category: Industry News
Sales of doors and windows in China are expected to rise 8.1 percent per annum to 570 billion yuan in 2017 according to a new study. “Advances primarily will be driven by strong increases in both residential and nonresidential building,” says Freedonia analyst Toni Niu. Product upgrades and increasing concerns about energy efficiency will also contribute to window and door demand.
According to the study from the Beijing office of The Freedonia Group Inc., a Cleveland, Ohio-based industry research firm, demand for windows is projected to grow 7.8 percent per year to 375.5 billion yuan ($62 billion USD) in 2017. Plastic will be the fastest growing material used in windows, with plastic window demand advancing 8.8 percent per year through 2017. Demand will benefit from the superior insulation performance and competitive costs of plastic windows, especially in residential applications. Metal will remain the dominant type of material, accounting for more than 60 percent of overall window demand in 2017. Demand for metal windows will be driven by strong increases in industrial, office and commercial building construction.
Demand for doors in China is projected to rise 8.5 percent per year to 194.5 billion yuan in 2017 ($32 billion USD). Wood is the dominant material due to its ubiquitous use in interior doors for both residential and nonresidential buildings. Demand for wood doors is projected to grow 8.5 percent annually to 150 billion yuan ($25 billion USD) in 2017. The increasing use of wood doors made of wood/steel and wood/plastic composites, as well as product upgrades, will support further advances in overall wood door demand. Metal will retain its dominant position in the entrance door segment in both residential and nonresidential applications.
The nonresidential market accounted for 54 percent of door and window demand in 2012. Door and window demand in the nonresidential market is projected to rise 9.5 percent per year to 328 billion yuan ($54 billion USD) in 2017, boosted by strong growth in the industrial, office and commercial segments. Demand for doors and windows in the residential market will grow 6.2 percent per year to 242 billion yuan ($40 billion USD) in 2017, due to strong construction activity in both new single-family and multifamily housing.