2021: Sales of plastic windows in Russia decline
In 2021, sales of plastic windows in Russia amounted to 31.2 million square meters. m, which is 2.4% less compared to 2017, when the market volume was measured 32 million square meters. m. This is evidenced by data from BusinesStat analysts, which were published in August 2022.
According to experts, 2021 was marked by a decrease in sales of plastic windows in the Russian Federation as a result of the saturation of the market and a decrease in demand for plastic windows after growth in 2019-2020, in particular, the exhaustion of the effect of the COVID-19 coronavirus pandemic, as well as as as a result of a significant increase in product prices.
The study says that the dynamics of the indicator in the market in 2017-2021. was multidirectional: for example, in 2018 and 2021, a decline of 3.7% and 2.5% was recorded, respectively, and in 2019-2020. - an increase of 1.6-2.2%. The dynamics of sales was negatively affected by the consequences of the economic crisis of 2014-2016, as well as the completion of the construction and repair of facilities for the World Cup, the researchers note.
According to them, pandemic 2020 has become favorable for the construction industry as a whole, and the plastic window market is no exception. Socially significant construction was not suspended even during the period of a tough lockdown, and the population was actively involved in the construction of country houses, preferring to invest funds postponed for a failed summer vacation in real estate, received mortgage loans at preferential interest rates, and also used maternity capital to improve housing conditions. In addition, while staying at home during the period of self-isolation, Russians drew attention to the state of windows in operated real estate, which stimulated a wave of re-glazing in the secondary housing market, which annually occupies more than 50% in the structure of sales of plastic windows.[1]
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