Continued Growth Expected For Fenestration Products, AAMA Study Reports

Continued Growth Expected For Fenestration Products, AAMA Study Reports

Date:Dec 12, 2018

The American Architectural Manufacturers Association released the "AAMA 2017/2018 Study of the U.S. Market for Windows, Doors and Skylights." The bi-annual report offers information on residential market trends and product relationships for windows, doors and skylights. Forecasts are based on projections of construction activity as of March 2018.

According to the study, total housing starts continued their growth curve in 2017 with strong gains in the single-family segment of 9 percent. Going forward, the overall new housing market is expected to continue to grow through 2020. Single-family starts are expected to continue to take the lead in 2018 and experience another 9 percent increase.

Speaking specifically to fenestration, the study shows the demand for prime windows improved by 3.6 percent in 2017, driven by continued strong new housing demand. The market for windows in new housing increased by just under 6 percent in 2017, with increases of 10 and 4 percent forecasted for the next two years as the housing recovery continues. Meanwhile, remodeling and replacement window demand increased modestly again, by 2 percent in 2017, with growth in this segment also likely to be somewhat improved in 2018 against the backdrop of strong remodeling expenditures.

Volumes for U.S. residential entry doors increased in 2015, growing approximately 4 percent over 2016, and up 9 percent since 2015. An overall increase of approximately 5 percent is expected for 2018. Residential skylights closed the year with a growth rate of 4 percent over 2016 volume. New construction skylight activity was up 7 percent, while remodeling and replacement skylight activity was up 3 percent compared to 2016.

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