Press Release Summary:
American Architectural Manufacturers Association (AAMA) and Window and Door Manufacturers Association (WDMA) have jointly released updated "2011/2012 Study of the U.S. Market for Windows, Doors and Skylights." Report delivers information on window, door, skylight, and curtain wall market trends and product relationships for residential and commercial construction. Historic data for 2006-2011 as well as forecast data for 2012-2015 are included.
Original Press Release:
AAMA and WDMA Release Fenestration Market Studies that Predict Industry Trends
Schaumburg, Ill. -- 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." This report delivers accurate and timely information on window, door, skylight and curtain wall market trends and product relationships for both residential and commercial construction. Historic data for 2006 through 2011 and forecast data for 2012 through 2015 also are 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 prime windows continues 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 heavily by the continued strength of remodeling and replacement activity, which now represents more than 80 percent of the residential skylight market. 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 five years. However, significant volume is expected to return to the entry and interior door market as new construction rebounds. Further, nonresidential construction has 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 AAMA/WDMA U.S. Market Studies, which includes the all of the items listed below.
The "2011/2012 AAMA/WDMA Study of the U.S. Market for Windows, Doors and Skylights," as well as the other reports listed above, are available for purchase online from both AAMA and WDMA.
AAMA is the source of performance standards, product certification, and educational programs for the fenestration industry.sm