Demand for molding alone, after shrinking 8.7% annually from $4.34 billion in 2004 to $2.75 billion in 2009, will rebound to a 9.9% growth rate and reach $4.4 billion in 2014, Freedonia predicts. Interior molding will benefit from more construction of new homes, it said, while exterior trim will benefit from demand from the shift toward plastic exterior products, which tend to be more high-priced as well as more durable.
Meanwhile, stairwork demand will recover from its 5.6% annual decline lately–from $2.49 billion in 2004 to $1.87 billion in 2009–and grow 9.3% annually to hit $2.91 billion in 2014. Demand for all other products, which had shrunk 7.7% per year to go from $2.51 billion 2004 to $1.68 billion in 2009, will jump 11.1% over the succeeding five years to hit $2.84 billion, Freedonia believes.
