Global demand for vinyl flooring is forecast to rise 4.4% per year to 3.0 billion square meters in 2021, exceeding the global flooring average pace. The increasing popularity of luxury vinyl tile will continue to bolster demand, spurring growth even in mature markets such as the US and Western Europe.

Global demand for caps and closures in beverage applications is projected to increase 3.5% annually to 1.5 trillion units in 2021. Among the most significant factors affecting the beverage industry overall is the shift in consumer preferences toward beverages that are healthy and convenient, with bottled water the primary beneficiary in volume terms.

Roofing tile demand in the US is projected to advance 5.4% per year to just under 5.0 million squares in 2021. Roofing tile demand plummeted during the Great Recession as housing starts fell precipitously in those parts of the US where roofing tiles are often specified, such as southern California; Las Vegas, Nevada; Phoenix, Arizona; and many parts of Florida.

Through 2021, aftermarket sales of electronic components in the US are forecast to rise 4.8% per annum to US$11.8 billion. While this growth is slower than in Canada and Mexico, the US will nonetheless account for 81% of all new demand in the North American region due to the large size of its light vehicle park.

Demand for garden hoses in the US is forecast to rise 3% per year to $435 million in 2021. Growth will be driven by an improved economy and the development of the higher quality products that are most desired by consumers.

Stretch film demand in the US is projected to advance 3.8% per year to $2.7 billion in 2021. Growth can be attributed to improvements in stretch wrapping machinery and equipment, enhanced resin properties, and the increasing market share of more cost-effective products.

Global chocolate and confectionery machinery demand is projected to advance 7.1% per year to nearly $4 billion in 2021. Once considered luxury products in some developing nations, chocolate and other sweets have become more easily attainable as living standards increase in these countries, thus driving growth for this machinery.

Kitchen cabinet demand is forecast to grow 5.9% per year to $17.1 billion in 2021. Tall kitchen cabinets will be the fastest growing as design trends and consumer preferences increasingly favor these products.

Sales of security alarm systems are projected to increase 5.1% per year through 2021, reaching $4.9 billion, about the same as electronic security product demand overall. Faster gains will be limited by inconsistent replacement rates in many markets, as well as building owners using fewer life safety alarms than is recommended, either as a way to cut costs or due to general lack of awareness.

Demand for metal windows and doors is forecast to increase 4.2% per year to $13.5 billion in 2021. Unlike the wood and plastic segments, the commercial market is the dominant sales outlet for metal windows and doors, accounting for over 56% of demand in 2016.