AAMA/WDMA Window, Door, Skylight and Curtainwall Market Study Now AvailableMay 4th, 2011 | Category: Industry News
The American Architectural Manufacturers Association (AAMA) and the Window and Door Manufacturers Association (WDMA) have jointly released the updated 2010/2011 U.S. Industry Statistical Review and Forecast. This report delivers information on window, door, skylight and curtainwall market trends, dynamics and product relationships for both residential and commercial construction. Historic data for 2005 through 2010 and forecast data for 2011 through 2014 are also included in the report. Forecasts are based on projections of construction activity as of March 2011.
According to the study’s data, the demand for residential windows rebounded in 2010 after four years of decline, particularly in the new construction market. The Statistical Review and Forecast reports that the demand for windows in the new housing market increased modestly in 2010, while the remodeling and replacement market segment showed a more substantial gain in demand for windows. This was, in part, driven by the federal tax credit for energy-efficient replacement windows worth 30 percent of the cost of the windows up to $1,500.
Residential skylights experienced similar growth, likewise driven by the activity in the remodeling and replacement market. The new construction segment of the residential skylight market, however, declined from 2009 to 2010.
The positive movement in both new construction starts and the replacement and remodeling sector in 2010 impacted the residential door market, which showed increases in demands from 2009 to 2010. However, demand for non-residential doors continued to decline in 2010, reflecting the slow-down in non-residential construction activity. Further declines in the non-residential door market are predicted for 2011.