Buildings, Buildings everywhere...
 Take a look around. Residential buildings are going up everywhere.
According to independent market studies the US siding industry is an 8 Billion Dollar business,
and it is projected to grow to almost 10 Billion Dollars by 2007.
Of the siding industry, vinyl siding is the market leader with 37% market share
because of its economy and maintainability.
Wholesalers work at a slower pace
Collectively the Reformed Products stores do approximately
$30 Million of business every year. That's an average of $1.3 Million
of sales per store, with an average of $476.00 per transaction. That works out to an
average of about 230 sales transactions in a month, meaning work is at a much slower pace, with
fewer employees than most retailers (especially restaurants,) not to mention better hours. The
usual store operating hours are Monday - Friday 7:30 am - 4:30 pm.
What about Fiber Cement siding?
Fiber Cement is a relatively new product, so it is still gaining market share. However, the
majority of its market is wrestled from wood, with a much smaller percentage coming from
vinyl siding. This is because fiber cement has many advantages, from a maintenance point of
view, over wood siding. However, many of these advantages are shared by vinyl siding.
In the end, vinyl siding is more economical, and usually requires less maintenance than wood or
fiber cement siding (fiber cement has to be repainted every 5 to 10 years, and caulked joints
should be inspected every year.) In the end, we are vinyl guys and trends suggest that there
will be a market for vinyl siding for years to come. However, fiber cement siding is available
at some of our locations, and it is up each individual owner to decide if he or she wishes to
carry a fiber cement line in their store(s).
US Siding Market Share: Vinyl Siding vs. Fiber Cement Siding
Source: National Association of Home Builders Research Center
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