Deliverable Overview
The deliverable comprises market consumption information on windows in Florida & Texas. The estimates and forecasts shall be provided in terms of revenue for the year range 2018 to 2030, with base year 2022 and forecasts from 2030 to 2030 for Florida and Texas states of the U.S.
Florida & Texas Windows Market Analysis
The Florida & Texas windows market was estimated at USD 2,160.0 million in 2022 and is estimated to grow at a CAGR of 4.0% from 2023 to 2030. This growth can be attributed to rising product demand in the construction and refurbishment of buildings. Rapid urbanization and industrialization are expected to further fuel the growth of the market. Windows include frames made of vinyl, wood, aluminum, and other materials and are used in various applications such as residential buildings, single-family & multi-family buildings, office spaces, retail stores, schools, universities, religious spaces, and hotels & restaurants.
Texas has experienced significant population growth over the years. Factors such as attractive job opportunities, affordable housing options, and a favorable business environment have attracted people from within the U.S. as well as overseas to the state. As the population grows, there is a greater need for new residential and commercial construction, driving the demand for conventional windows in Texas.
As of 2022, more than 41% of total hurricanes in the U.S. had impacted Florida with infrastructural damage owing to the state’s geographical location near the tropical coasts. It has the second-largest coastline in the U.S. Florida also faces the greatest financial damage from storms due to the frequency of hurricanes and rapid coastal developments in the state. As of 2022, approximately 15.0 million Florida residents (nearly 76% of the total population) lived in coastal parts. This drives the demand for impact-resistant windows in the state.
The Florida & Texas windows market is characterized by strong competition due to the presence of large and established players. Prominent players operating in the market include Anderson Corporation; JELD-WEN, Inc.; Pella Corporation; PGT INNOVATIONS; and Cornerstone Building Brands.
These market players engage in the manufacturing and distribution of awnings, casement, double-hung; single-hung; bay & bow; fixed; corner; and sliding windows to cater to the demand from the construction industry. The players also focus on residential and light commercial applications, as the product demand is high for these applications. Technical innovations and improvements in the production process have produced windows with superior durability, custom colors, minimal maintenance, and low costs.
Topics Covered in this Study
Attributes
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Details
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Historic Year Range
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2018 - 2021
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Base Year
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2022
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Forecast Year Range
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2023 - 2030
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Units
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Revenue (USD Million)
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Segments
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Product Type, End-use, Frame Material
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Region
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The U.S.
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