Gutter Guards to Outperform Overall Residential Gutter & Downspout Market Through 2025
Tuesday, October 5, 2021
CLEVELAND, Sept. 27, 2021 /PRNewswire/ -- A new Freedonia Group analysis projects that demand growth for gutter guards will continue to outpace that of the overall US residential gutters and downspouts market, as homeowners increasingly opt to install these products along with gutters and downspouts (either existing or new) in order to reduce the need for periodic cleaning:
-- Continued gains for gutter guards will be driven by replacement sales as
the base of homes with gutter and downspout systems featuring these
products expands.
-- Homeowners replacing gutter guards will also be more likely to upgrade
to higher value products for their aesthetic and performance advantages.
US Residential Gutter & Downspout Market to Total 1.7 Billion Linear Feet in 2025
Residential demand for gutter and downspout products in the US is forecast to rise 2.0% per year to $4.1 billion in 2025, driven primarily by increases in residential construction activity. While faster growth will be limited by high levels of pandemic-related spending on homes in 2020 and 2021 - particularly single-family units, where most gutter and downspouts are installed - advances will be supported by:
-- the replacement of older or worn roofs, as gutters and downspouts are
often replaced as part of roof repair and replacement projects
-- rising interest in the use of gutters and downspouts to direct water
away from basements and building foundations to minimize water damage
-- expanding use of gutter guards to reduce gutter and downspout system
maintenance requirements
Want to Learn More?
Residential Gutters & Downspouts analyzes US demand for residential gutter and downspout (i.e., rainware) products by product, market segment, material, and region. Historical data for 2010, 2015, and 2020 and forecasts for 2025 and 2030 are presented in dollars and in linear feet (excluding hardware and accessories).
Products:
-- gutters (seamless and preformed)
-- downspouts (seamless and preformed)
-- gutter guards (meshes and screens; hood and covers; foams and bristles)
-- hardware and accessories
Market segments:
-- new residential
-- residential improvement and repair
Materials:
-- aluminum
-- steel
-- plastic
-- copper, zinc, and other materials, such as wood, fiberglass, concrete
(Finlock)
Regions:
-- Northeast (Middle Atlantic and New England)
-- Midwest (East North Central and West North Central)
-- South (South Atlantic, East South Central, and West South Central)
-- West (Mountain and Pacific)
About the Freedonia Group - The Freedonia Group, a division of MarketResearch.com, is the premier international industrial research company, providing our clients with product analyses, market forecasts, industry trends, and market share information. From one-person consulting firms to global conglomerates, our analysts provide companies with unbiased, reliable industry market research and analysis to help them make important business decisions. With over 100 studies published annually, we support over 90% of the industrial Fortune 500 companies. Find off-the-shelf studies at https://www.freedoniagroup.com/ or contact us for custom research: +1 440.842.2400.
Press Contact:
Corinne Gangloff
+1 440.842.2400
cgangloff@freedoniagroup.com
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SOURCE The Freedonia Group
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