DWM-logo.gif (6532 bytes)
Volume 7   Issue 5               May 2006

IndustryIndicies

Door and Window Demand in 
China to Reach 128 Billion Yuan in 2009

Demand for doors and windows in China is projected to increase 11.3 percent per annum through 2009 to more than 128 billion yuan, driven by healthy gains in building construction activity as industrialization efforts continue and income levels rise, according to a new study from The Freedonia Group Inc., a Cleveland-based industrial market research firm. 
According to the study, plastic doors and windows will continue to make inroads at the expense of metal and wood products. 

Plasticís rapid rise in the Chinese fenestration market is partly due to strong support from the government. Demand for metal products will experience slower, but still healthy growth, and despite market share loss to plastic, metal will remain the dominant door and window material in China, accounting for nearly 60 percent of overall demand in 2009. 

Residential door and window demand will grow at a slow but still respectable 10.9 percent per annum pace to 51 billion yuan in 2009. 
Unlike the U.S., new construction applications account for the majority of door and window sales in China. While it is typical of a developing market that new demand outweighs replacement spending, this difference is also attributable to factors unique to China. 

For example, a large share of the Chinese door and window stock is comprised of metal products, which feature a relatively longer useful life, thus constraining replacement demand. As a result, demand for doors and windows in new construction applications is projected to rise 11.5 percent annually through 2009, expanding its share of the overall market to nearly three-quarters. 

www.dwmmag.com/infocenter 


DWM
© Copyright 2006 Key Communications Inc. All rights reserved. No reproduction of any type without expressed written permission.