SCHAUMBURG, IL — According to a new market study, the demand for residential windows is expected to rebound in 2010 as new construction activity finally begins to recover from record low levels. The 2009/2010 Study of the U.S. Market for Windows, Doors and Skylight was released jointly by the American Architectural Manufacturers Assn. (AAMA) and the Window and Door Manufacturers Assn. (WDMA).
The report offers separate analyses for windows, patio doors, interior doors, exterior doors and commercial products in both new and replacement applications and includes historic data for 2004-2009 in addition to forecast data for 2010 through 2013.
According to the report, a somewhat tepid recovery for residential windows is forecasted in 2010, followed by multiple years of increased growth. Residential skylights, which also experienced a decline in recent years, also are expected to improve slightly in 2010. Sustained growth is likely to occur through 2013 at close to double-digit rates as the market looks to slowly return towards long-term averages.
The downturn in new construction starts also had an impact on the residential door market as unit volume decreased in 2009 and will remain stagnant in 2010. Nonresidential door volumes also decreased in 2009, reflecting the slowdown in nonresidential construction activity. A weak outlook for 2010 is expected to force steep declines in 2010 before flattening out in 2011.
As for window usage in commercial construction, non-residential glazing fell by 19% in 2009, with declines across all categories. Looking forward, the market is forecast to decline by an even greater amount in 2010 due to the sharp drop in nonresidential contract awards. Growth is expected to resume in 2012.
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The report offers separate analyses for windows, patio doors, interior doors, exterior doors and commercial products in both new and replacement applications and includes historic data for 2004-2009 in addition to forecast data for 2010 through 2013.
According to the report, a somewhat tepid recovery for residential windows is forecasted in 2010, followed by multiple years of increased growth. Residential skylights, which also experienced a decline in recent years, also are expected to improve slightly in 2010. Sustained growth is likely to occur through 2013 at close to double-digit rates as the market looks to slowly return towards long-term averages.
The downturn in new construction starts also had an impact on the residential door market as unit volume decreased in 2009 and will remain stagnant in 2010. Nonresidential door volumes also decreased in 2009, reflecting the slowdown in nonresidential construction activity. A weak outlook for 2010 is expected to force steep declines in 2010 before flattening out in 2011.
As for window usage in commercial construction, non-residential glazing fell by 19% in 2009, with declines across all categories. Looking forward, the market is forecast to decline by an even greater amount in 2010 due to the sharp drop in nonresidential contract awards. Growth is expected to resume in 2012.
Read more
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