News

The UK Timber Window Market sees Significant Growth

12TH FEBRUARY 2016

UK Timber Window Market

The UK timber windows market is experiencing significant growth, which is set to continue until at least 2019.

This is according to the latest research by Palmer Market Research, which shows that the market grew by 17.1% to 739,000 frames and by 25.4% to £439m in installed value, with the premium window materials (wood, aluminum, and aluminum/timber) growing at the expense of PVCu, which will decline in both volume and installed value.

“Overall, the wood window market in housing is forecast to outperform the window market as a whole between 2014 and 2019, growing by 10% in real terms to 811,000 frames”, says Robert Palmer of Palmer Market Research

The structure of the UK window market has changed, as shown by the research, and wooden windows, mostly now factory-finished, are achieving a significant premium over PVCu.

In real terms, the average installed price for a PVCu window has remained flat over the past 14 years at £271, the average installed price for wood windows has doubled to £594.

Much of this increase has come from the new housing sector, where increasingly sophisticated windows are being specified.

The Palmer report also highlights that the aluminum/timber composites (alu-clad) window market in housing grew by 19.2% in 2014 to 174,000 frames and by 30.2% to £77m in installed value.

Although casement windows make up the bulk of wood window sales (58%), vertical sliding sash windows remain dominated by timber, making up 27% of all wood window sales, compared with just 6% for all materials.

 

Source: Timber Trades Journal Online