Weekly Email News for the Glass, Glazing & Fenestration Industries

Comp doors reach 50% with more growth to come – Palmer
14th February 2017

Composite doors now account for half the entrance door market with a further 22% growth in sales expected through to 2020, according to the latest report from Palmer Market Research,The Market for Domestic Entrance Doors.

PVC-U panel doors took 25% in both installed value and volume, while wood (including engineered timber) took 20% by volume and 15% by installed value. Steel fell to just 46,000 doors. The 50% held by composite doors translates to 54% installed value.

Overall, the market for entrance doors grew by 2.2% to 1.40million doors in 2015. Installed value was also up 7.6% at £692 million.

Although the report suggests only a minimal impact of Brexit on the home improvement and social sectors, the report’s authors warn the impact may be felt acutely in new build.

The report explains: “The main change is that we believe house prices in general, and new build properties in particular, will slow and even go modestly negative during the Brexit negotiations (2017 and 2018) as uncertainty in the wider economy prevails. And it is on a rising housing market that housebuilders are spurred to increase supply.”

However, it predicts that, the door market in its entirety, will remain almost static for the next five years.

Within it, there are however, significant gains and losses. Most notably a forecast 22% increase in composite door sales through to 2020.

Robert Palmer, Palmer Market Research, said: “Overall our forecast is for an almost static market for entrance doors over the next five years. Growth in home improvements will be offset by declines in both new build housing and social housing refurbishment.

“We are, however, forecasting significant differences in trends between door leaf materials.

“Composites have grown their share of the market over the past 15 years both in volume and value terms – and will continue to do so through to at least 2020 when they will be close to two thirds of the market.”

The findings follow Palmer’s publication of The Window, Door and Conservatory Markets in Housing in Great Britain, last autumn.

This argues that a flattening of the market in 2015 saw total volume fall by 0.7%. This was, however, offset by a shift towards higher-end products and higher value installations, which delivered a 2% increase in installed value to £4.20 billion.

Palmer continued: “Consistent with other areas of the window and door industry, some products are seeing growth, others are going into decline.

“This is variable by market but also notably, material type within those markets. For some we’re reporting a 41% drop in volume by 2020, others as much as a 56% increase in volume over the same period.

“This and continuing product innovation makes the entrance door market complex but an area of the window and door industry which in common with others, represents sizeable areas of opportunity.”

www.palmermarketresearch.co.uk

<< Click here to return to the main Glazine page


Should you wish to advertise on THE GL@ZINE
please contact Tony Higgin at tony@the-glazine.com
or telephone 01923 461527, mobile 07977-981753.

www.the-glazine.com


RATECARD AND EDITORIAL

View the Ratecard: Click here
Email us: theglazine@sky.com
Editorial should be sent to: theglazine@sky.com