SAN FRANCISCO, April 18, 2022 /PRNewswire/ — New market research published by Global Industry Analysts Inc., (GIA), the leading market research firm, today released its report titled “Vinyl Windows – Global Market Trajectory and Analysis”. The report presents new insights into the opportunities and challenges in a significantly transformed post COVID-19 market.
FACTS AT A GLANCE
What’s new for 2022?
Global competitiveness and percentage market shares of main competitors
Market presence in multiple geographies – Strong/Active/Niche/Trivial
Peer-to-peer collaborative online interactive updates
Access to our digital archives and the MarketGlass research platform
Free updates for one year
Editing: 18; Published: February 2022
Executive Pool: 5689
Companies: 221 – Players covered include Andersen Corporation; Anglian Group Ltd. ; Atrium Companies Inc.; Chelsea Building Products Inc.; Compozit home systems; Croft LLC; crystal window & Door Systems Ltd.; Deceuninck NV; ENERGI Windowing Solutions; Lapeyre Group; Harvey Building Products; International Window Company; Internorm Fenster International GmbH; Intus Windows; Jeld-Wen Inc.; Kaycan Ltd. ; Kolbe & Kolbe Millwork Co. Inc.; Masco Corp.; MI Windows and Doors LLC; Okna Windows Inc.; OmniMax International Inc.; Pella Corporation; PGT Industries Inc.; Ply Gem Industries Inc.; Soft-Lite LLC; Southern Shade Window & Door Inc.; Weather Shield Manufacturing Inc.; Weru GmbH and others.
Cover: All major geographies and key segments
segments: Vinyl windows
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; Spain; Russia; and rest of Europe); Asia Pacific (Australia; India; South Korea; and rest of Asia Pacific); Latin America (Argentina; Brazil; Mexico; and rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and rest of Middle East); and Africa.
Free Project Preview – This is an ongoing global program. Preview our research program before making a purchasing decision. We provide free access to qualified executives in strategy, business development, sales and marketing, and product management roles at featured companies. Insights provide insider access to business trends; competing brands; profiles of experts in the field; and market data models and much more. You can also create your own bespoke report using our MarketGlass™ platform which offers thousands of bytes of data with no obligation to purchase our report. Registry overview
Global Vinyl Window Market to Reach 211.5 Million Units by 2026
Vinyl windows offer many performance advantages over wood and metal windows. Vinyl windows perform remarkably well in terms of energy and thermal efficiency and can seamlessly reduce the heating and cooling costs of a home or building, while providing environmental benefits. Due to the polymeric properties of vinyl, vinyl windows resist rust, rot, corrosion, blistering, peeling, and infestation by termites or other insects. Interest in vinyl windows has increased dramatically over the past two decades, leading to a large injection of funds into technological developments and product improvements. Various innovations have been reported or are currently underway which primarily focus on the use of sophisticated technologies to extend functionality, efficiency, ease of use and new applications, as well as the increasing emphasis on further reduction prices. For example, unplasticized polyvinyl chloride (uPVC or PVCu) has become a highly viable, low-maintenance substitute for window frames and sills, replacing worn single-glazed windows and installing double glazing in the new buildings. These factors bode well for the market in the future, driving the adoption of vinyl windows in existing and emerging applications. Expanding application areas that include homes, commercial buildings, industrial facilities, educational institutions, and healthcare units, among others, are also driving the overall demand for vinyl windows.
The growth of the vinyl window market would be largely boosted by a stable economic scenario, increasing level of consumer wealth in many parts of the world, and sustainable industrialization efforts in developing countries. Vinyl windows are easier to deploy in new construction, although a significant portion of long-term demand would be for renovations. The market for new installations is driven by the growing number of new high-rise buildings that demand safe, efficient, comfortable and cost-effective construction technologies. New vinyl window and door installations are primarily dependent on the health of the construction industry and therefore any increase in construction activity automatically increases market opportunities. Modernization of existing buildings in developed markets such as the United States, Canada, France, and the UK, among others, is a major contributor to global revenue. Replacement demand is also driven by global “green” standards for infrastructure and other legal requirements that force buildings to become more energy efficient. Amid the COVID-19 crisis, the global vinyl window market estimated at 181.1 million units in 2022 is expected to reach a revised size of 211.5 million units by 2026, with a growing at a CAGR of 4.1% over the analysis period.
The US market is estimated at 47.7 million units in 2022, while China is expected 44.1 Million units reached by 2026
The vinyl window market in the United States is estimated at 47.7 million units in 2022. China, the world’s second largest economy, is expected to reach a projected market size of 44.1 million units by 2026 growing at a CAGR of 7.3% over the analysis period. Other notable geographic markets include Japan and Canada, each predicting growth of 1.3% and 3.1% respectively over the analysis period. In Europe, Germany is expected to grow at a CAGR of approximately 1.5%. The vinyl window market is currently witnessing steady growth in both developed and developing regions. Although developed countries are the largest markets for vinyl windows, developing countries offer growth opportunities supported by the high number of new constructions expected to be completed in these countries, especially in China and India. In large and small towns of India and China, the expanding IT, manufacturing, IT services (ITeS) and banking, financial services and insurance (BFSI) sectors require vertical expansion, thus fueling the demand for green building technologies in the high-rise buildings. The boom in retail trade in these countries is another major source of growth. The increase in energy consumption in the building sector has forced governments in developed countries to develop and implement regulations and codes focused on improving the energy efficiency of buildings, which has led an acceleration in the adoption of various technologies that help to minimize the energy consumption of buildings. The roll-out of new building codes and strict green regulations by governments has therefore laid a solid foundation for the vinyl window market in the United States and other developed regions. Furthermore, the majority of major vinyl window manufacturers are located in these regions, and the adoption of advanced technologies and production methods and the implementation of robust trade promotion campaigns are widespread among these suppliers, all of which contribute to the growth and progress of the vinyl window market in the developed world. After
Our MarketGlass™ platform is a free comprehensive knowledge center that can be custom configured to meet the intelligence needs of today’s busy business executives! This interactive, influencer-focused research platform is at the heart of our core research engagements and draws on the unique perspectives of participating executives from around the world. Features include – enterprise-wide peer-to-peer collaborations; overviews of research programs relevant to your business; 3.4 million profiles of experts in the field; profiles of competitive companies; interactive research modules; custom report generation; follow market trends; competing brands; create and publish blogs and podcasts using our primary and secondary content; follow domain events around the world; and much more. Client companies will have privileged access to the project’s data stacks. Currently used by over 67,000 domain experts worldwide.
Our platform is free for qualified executives and is accessible from our website www.StrategyR.com or via our mobile application which has just been released on iOS or android
About Global Industry Analysts, Inc. and StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher, the only influencer-focused market research company in the world. Proudly serving over 42,000 clients in 36 countries, GIA has been recognized for its accurate forecasting of markets and industries for over 33 years.
Director, Corporate Communications
Global Industry Analysts, Inc.
Email: [email protected]
Join our group of experts
Connect with us on LinkedIn
Follow us on twitter
Journalists and media
View original content to download multimedia: https://www.prnewswire.com/news-releases/new-analysis-from-global-industry-analysts-reveals-steady-growth-for-vinyl-windows-with-the -market-to-reach-211-5-million-units-worldwide-by-2026–301526487.html
SOURCE Global Industry Analysts, Inc.