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Windows and Doors Demand to Grow 4.5% Annually Through 2021
Date: 2018-06-22

Global windows and doors demand is projected to advance 4.5% per year to US$ 214 billion in 2021. The US and China will drive demand as they account for 65% of the global sales growth over this period. Increased spending on new office and commercial buildings in China, and the ongoing strength of new home construction in the US will support this demand. These trends are presented in a new study from The Freedonia Group.

 

China: A Promising Market for Real Estate Development

According to a latest report by National Bureau of Statistics of China, the markets of office, commercial and residential buildings have grown steadily in recent years.

In 2017, the real estate investment in China stood at 10979.9 billion yuan, went up by 7% compared to 2016.  


In 2017, the floor space of houses newly started was 1,786,540,000 square meters, an increase of 7% compared to 2016.  


To meet the fast-growing demand of windows and doors market in China, Windoor Expo 2019, the ultimate window door facade event in China, will expand its exhibition space from 85,000 square meters to 100,000 square meters. In 2019, the biggest-ever 25th edition will cover two venues: the existing exhibition center, Poly World Trade Center and the recently-added one, Nan Fung International Convention & Exhibition Center.

 

A new sector, High-End Window & Door will be launched at Nan Fung International Convention & Exhibition Center, showcasing the  window door system, new type of window and door, high-end window and door, shutter, new building technology and many more, creating a trading platform for both commercial and residential industry players.

 

Windoor Expo 2019 will bring together 700 international and local exhibitors who would welcome an expected 65,000 visitors in Guangzhou during March 4 to March 6, 2019. Visit www.windoorexpo.com for details.




Tag: windows doors demand, high-end window door, commercial and residential buildings