COVID-19 Economic Impact Report: Siding
The US siding industry is facing a number of challenges as it deals with the impact of the COVID-19 pandemic. How has the macroeconomic environment changed and what does it mean for the US siding industry going forward?
COVID-19 Economic Impact Report: Siding looks at how the expected impact of the pandemic on the current macroeconomic environment in the US compares to other major events since 2000, including the bursting of technology bubble and 9/11 terrorist attack, and the 2007-2009 Great Recession. It also provides a historical view of industry sales since 2000, a look at how the industry is being currently impacted, and estimates for sales through 2024.
Siding is defined as exterior cladding for buildings. Excluded are such ancillary products as soffit and trim.
The siding materials considered are vinyl, fiber cement, stucco, wood, brick, concrete and stone, metal panels, and other smaller volume siding materials.
The major market segments included are new residential, residential renovation, new commercial, and commercial renovation.
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