Analysis of the market of vinyl siding in Russia

Agency DISCOVERY Research Group advertising research has completed a market study of vinyl siding in Russia.

It is expected, that to 2024 siding, global market reach $107 871,4 million, with an average annual sales growth of 4,3% in the period from 2019 on 2024 year. The main factors of this market growth is the growth of the construction industry, growing market of repair and maintenance exteriors of buildings, as well as the growth of the hospitality industry.

According to the estimates of analysts DISCOVERY Research Group, Market volume of vinyl siding in Russia in 3 square. 2019 g. составил 25 000 Thd. м2, which is equivalent to $65 474 Thd. In 2018 g. Market volume totaled 34 005 Thd. м2. Manufacturer of vinyl siding on the market with a larger share in the 2018 g. is DOCKE EXTRUSIONS.

According to the estimates of analysts DISCOVERY Research Group, the volume of production of vinyl siding in Russia in 2018 g. составил 33 456 Thd. м2. In 2018 g. the growth rate was -4,4% the value of production. The larger volume of the vinyl siding 2018 g. carried out in the Moscow region. In terms of manufacturers, a greater volume of vinyl siding 2018 g. carried out at the enterprise DOKE Extrusion LLC.

For 3 square. 2019 g. in Russia were imported 813,2 Thd. m2 or 1 730,6 etc.. vinyl siding. Largest importer of vinyl siding to Russia 2018 g. Ltd. is the U-Plast. A larger volume of imported vinyl siding was imported to Russia in 2018 g. from Belarus. On the vinyl siding market in recent years has undergone tremendous changes in the structure of imports. Significantly reduced the volume of imported previously popular Canadian vinyl siding.

The volume of exports of vinyl siding from Russia in 2018 g. составил 542,3 Thd. m2 or 1 154 etc.. The largest manufacturer of vinyl siding in exports from Russia in 2018 g. was DOCKE EXTRUSIONS. A larger volume of vinyl siding exported from Russia in 2018 g. to Ukraine.

Demand for vinyl siding is highly seasonal nature, due to the, that the spring-summer period is characterized by the highest activity for the building and repair (especially exterior) works.

More information in the report: https://drgroup.ru/1009-Analiz-rynka-sajdinga-vinilovogo—v-Rossii.html