AAMA and WDMA Release Window, Door and Skylight Market StudiesMay 8th, 2012 | Category: Industry News
The American Architectural Manufacturers Association (AAMA) and the Window and Door Manufacturers Association (WDMA) have jointly released the updated 2011/2012 Study of the U.S. Market for Windows, Doors and Skylights. According to the groups, this report delivers accurate and timely information on window, door, skylight, and curtainwall market trends and product relationships for both residential and commercial construction. Historic data for 2006 through 2011 and forecast data for 2012 through 2015 are also included in the report. Forecasts are based on projections of construction activity as of March 2012.
According to the study’s data, the demand for prime windows continued to remain slow in 2011, following housing activity in general, after falling from peak volumes in 2006. The demand for windows in new housing decreased by 2 percent in 2011 though remains slightly ahead of 2009 levels. Demand in 2012 is expected to increase further as the housing recovery begins to gain momentum. Meanwhile, remodeling and replacement windows fell by nearly 12 percent versus 2010. In total, the residential window market decreased by 9 percent.
Residential skylights experienced an increase of 2 percent from 2010 to 2011. The increase was driven by the continued strength of remodeling and replacement activity, which now represents more than 80 percent of the residential skylight market, according to the report. For 2012, the market is expected to grow 6 percent overall. Forecasts indicate continued growth through 2015.
Little change in the segmentation for interior door material types is expected over the next few years. However, significant volume is expected to return to the entry and interior door market as new construction rebounds. Further, nonresidential construction declined slightly in 2011, tempering growth in the nonresidential entry and interior door categories.
Additional and more detailed information on the residential and commercial fenestration markets is contained in the 2011/2012 WDMA/AAMA U.S. Market Studies, including.
• WDMA/AAMA U.S. Industry Statistical Review and Forecast summarizes residential, non-residential and remodeling trends from government and industry sources;
• WDMA/AAMA U.S. Industry Channel Distribution Report profiles the residential and non-residential market for doors and windows as it flows through the identified distribution channels;
• WDMA/AAMA U.S. Industry Market Size Report quantifies residential and non-residential market volumes, both historic and projected; and
• WDMA/AAMA U.S. Industry Regional Statistical Review and Forecasts detail information for 11 individual regions.
The report is available through both AAMA and WDMA.