The U.S. door market has surged in 2021 and 2022 as the pandemic-recovery gave a boost to the domestic housing market. Sales also benefited from strong price increases due to sharp increases in material, labor, and transportation costs. Demand, however, is slowing in reaction to the nearly doubling in mortgage rates. Rising mortgage rates will hurt the builder and residential replacement markets in 2023. However, sales are expected to recover in 2024 due to favorable demographics, which has given a boost to the multi-family housing market, and a recovery in commercial sales.
These and other industry trends are uncovered in this up-to-date Market Size Report on Doors. This Market Size Report also provides data on price trends, exports and imports, and factors driving demand. Data is compiled and analyzed from 1997 to the current year, and provides a five-year forecast for the overall metal and wood door markets.
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