Windows & Doors in China to 2014
Bharatbook.com has this special report, which sources information of Demand for windows and
doors in China is forecast to rise 7.7 percent annually to ¥364.5 billion in 2014, a deceleration
from the 2004-2009 pace but still healthy by global standards.
Gains will primarily be driven by strong building construction activity, spurred by further
industrialization and urbanization in China. Although building construction expenditures in China
will moderate through 2014 after a boom from 1999 to 2009, growth will continue to be among the
fastest in the world. Rising personal and business income levels, further privatization of home
ownership, sustained strength in foreign investment and greater concerns about energy efficiency
will contribute to window and door market gains in China.
Wood windows & doors to outpace metal products
Demand for wood windows and doors is projected to outpace the larger metal product segment.
Gains will mainly be led by the rapid growth in wood door demand in both value and unit terms.
Meanwhile, the emergence of wood doors made of new materials, such as plastic/ wood
composites and metal/wood composites is attracting more consumers, as these products offer
the aesthetics of wood, with the performance properties of metal and plastic, such as durability,
resistance to rotting and corrosion, and low maintenance costs. In addition, price hikes for wood
fenestration products will contribute to demand growth in value terms, as a result of both product
upgrades and raw material appreciation.
Metal window and door products will continue to account for the largest share of overall
fenestration demand in China, although plastic and wood products will make further inroads.
Metal materials will hold on to their dominant position in entrance door and window segments,
although plastic products will gain more share at the expense of metal, particularly in the
residential window market. Plastic materials are predominantly used to make windows in
residential and nonindustrial construction applications. Demand for plastic windows and doors will
be driven by market gains in the window segment.
Nonresidential market to outpace residential segment
The residential market accounted for 54 percent of total window and door demand in 2009. Gains
in this market will be led by growth in spending on residential construction, especially in the urban
multifamily market. However, demand for window and door products in the nonresidential
segment will grow faster than that in the residential segment, due to strong construction activity in
institutional and industrial markets.
Central-North to be fastest growing regional market
Growth in the window and door market in the six regions of China varies greatly due to such
factors as economic, social and cultural conditions; geographical features and climate; and
demographic patterns. Benefiting from rapid progress in urbanization and industrialization, the
Central-North will demonstrate the most rapid growth of any regional market. However, the
Central-East will remain the largest window and door market, accounting for nearly one-half of
total sales in 2014 due to its large population and economy.
Details on these and other key findings are contained in Windows & Doors in China, a new
Freedonia industry study priced at $5300. It presents historical demand data (1999, 2004 and
2009) plus forecasts for 2014 and 2019 by material, market and region. In addition, the study
considers market environment factors, evaluates company market shares and profiles 33 industry
competitors such as Beijing Jangho Curtain Wall, Shenyang Yuanda Aluminum Industry
Engineering, China Buyang Group and ASSA ABLOY.
TABLE OF CONTENTS
I. EXECUTIVE SUMMARY 1
II. MARKET ENVIRONMENT 4
Economic Overview 5
Recent Economic Performance 5
Economic Outlook 7
Demographic Overview 11
Industrialization & Manufacturing Trends 16
Building Construction Outlook 19
New Housing 25
Improvements & Repairs 27
Housing Stock & Living Space 28
New Nonresidential Construction 32
Improvements & Repairs 33
Building Stock 34
Labor Force & Employment Trends 35
Personal Income & Expenditure Trends 37
Banking System & Consumer Financing 39
Currency Exchange Rates 43
Legal & Regulatory Environment 46
For more information kindly visit :
Windows & Doors to 2014
Windows & Doors 2010 - Market Report
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Market Share, Market Size, Research, China, Market Report, Report, Windows & Doors