Press Release Summary:
According to 2010/2011 U.S. Industry Statistical Review and Forecast, demand for residential windows rebounded in 2010 after 4 years of decline, particularly in new construction market. Remodeling and replacement of residential skylights experienced similar growth, while new construction segment of residential skylight market declined from 2009 to 2010. Residential door market showed increases in demand from 2009 to 2010, while demand for non-residential doors continued to decline in 2010.
Original Press Release:
AAMA/WDMA Window, Door, Skylight and Curtain Wall Market Study Available
Schaumburg, Ill. -- 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 accurate and timely information on window, door, skylight and curtain wall 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. A lower tax credit is in place for 2011.
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.
Additional and more detailed information on the residential and commercial fenestration markets is contained in the 2009/2010 Study of the U.S. Market for Windows, Doors and Skylights (released in May 2010). The full volume of market studies includes the Statistical Review and Forecast, as well as the following additional reports that can be ordered separately. AAMA/WDMA U.S. Market Studies includes all of the items listed below.
The 2010/2011 AAMA/WDMA U.S. Industry Statistical Review and Forecast, as well as the other reports listed above, are available for purchase from both AAMA and WDMA at www.aamanet.org and www.wdma.com.
AAMA is the source of performance standards, product certification,
and educational programs for the fenestration industry.sm