In the face of economic uncertainties, decorative trim remains a steady player(1)

While housing starts may be down, manufacturers see the potential for significant wins in other sectors.  “Trim and moulding are important products in those segments, so when they’re strong the need for trim and moulding tends to be as well. All in all, I predict that the segment has room to grow in the next year.”

Other industry experts agree that the repair and remodel segment holds potential. “In 2022, the housing market experienced record-low inventory mixed with higher prices and mortgage rates,”   “The 30-year fixed-rate mortgage broke 7% for the first time since April 2002, causing many consumers to put a pause on their home buying process. Instead, some homeowners began shifting their focus to improving their current homes versus buying a new one. So 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.”

Alternatives gain ground

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, and they offer the LBM dealer additional options for their product portfolio。

“Due to shortages of skilled laborers and supply chain instability, builders and contractors are increasingly willing to substitute materials that are easy to install, more accessible and cost-effective,”  “We’ll likely see the popularity of alternative materials like Plastic Exterior Pvc Sheets to continue into 2023. As beautiful, sustainable alternatives to wood, interior and exterior PVC trim and mouldings products are ideal for building pros and DIYers who appreciate clean installs, little maintenance and high-end design.”

“One of the most appealing benefits about PVC trim is that maintenance costs and efforts are low,”  “Unlike traditional wood millwork, which needs to be painted or repaired every couple of years due to cracking, splitting, warping, PVC millwork needs almost no attention after the initial installation and painting. With products like Celect PVC trim, Spec Series trim, TruExterior poly-ash trim and Kleer PVC that offer the authentic look and similar workability as wood, homeowners can focus on design without worrying about the issues and hassles that come with wood.”