In the face of economic uncertainties, decorative trim remains a steady player

By Mike Berger
The LBM Journal
February 8, 2023
Category: Finance & Economics
Region: United States

While housing starts may be down, manufacturers see the potential for significant wins. “I expect the repair and remodel sector to grow in the coming year, even in the case of a potential dip at the beginning of the year,” says Cameron Bailey for LP. …Other experts agree. …Steve Booz for Westlake Royal Building Products said…  “while there may be less demand for home buying or home building, we expect remodeling activity to continue into the next year, albeit at a slower rate.” …While manufacturers seem to share a cautious optimism when it comes to growth, some suggest that alternative materials may lead in sales. PVC, polymer, aluminum, and other non-wood options are growing in demand. …While it can be easy for LBM dealers to feel concerned… there’s many signs that 2023 has the potential to be a strong one when it comes to trim and moulding sales.

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