From BUILDER sibling REMODELING:
Demand nationwide for residential windows and doors will rise 6.0% per year to become a $25.6 billion market by 2020, the Freedonia Group predicts.
The Cleveland-based market research group, in a report issued July 29, pegged residential window and door demand in 2015 at $19.06 billion. That reflects annual growth of 5.9% since 2010, Freedonia said.
Demand for doors will rise 6.6% through 2020 to be worth $14.95 billion, it forecast. That follows five years in which demand grew 7.5% per year to be worth $10.84 billion by 2015.
The rise in demand for windows will be more modest, Freedonia believes: It predicts a 5.4% annual rise in demand to $9.0 billion. On the other hand, that's speedier growth than the 3.7% annual increase in demand since 2010, a growth rate that put total demand at $6.91 billion in 2015.