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Managerial accounting Over recent years, the market has grown steadily, but different forecasts by professionals are more pessimistic (see Figure: Potential market developments for windows

Managerial accounting Over recent years, the market has grown steadily, but different forecasts by professionals are more pessimistic (see Figure: Potential market developments for windows in France established by TBC). Indeed, production had increased to meet the increase in demand (see graph: market developments in France between 2004 and 2008). According to a survey by TBC (2009), the new construction market appears to be the most adversely affected (57% of those surveyed predicted a decline in the installation of windows) while fewer installations of replacement windows was predicted by 29% of professionals. It appears that market participants will have to respond to these new market conditions, either by offering lower prices or better services, or by improving production levels. A second cause for concern in the joinery market is rising energy prices. The price of energy has been increasing for several years.

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