The UK's wooden doors, frames, and thresholds sector is projected to decline from 2024 to 2028, starting at 9.1766 million items in 2024, dropping to 7.8902 million items by 2028—a decrease of roughly 14% over five years. This steady decline reflects a decrease of about 2-3% annually when calculating a compound annual growth rate (CAGR).
Future trends to watch for:
- Economic factors influencing construction and home renovation rates.
- Evolving consumer preferences towards sustainable and alternative materials.
- Technological advancements in production and design that may impact demand.
