CHICAGO – A recent study by the Window and Door Manufacturers Association (WDMA)’s shows heatlhy growth for 2013 and anticipated continued market gains through 2015.
The Window and Entry Door Industry 2014 U.S. Market Study indicates that window and door manufacturers enjoyed 10 percent growth last year, with a total estimate of 44.5 million units shipped.
Further increases are forecast to continue though at a somewhat slower rate of 9.1 percent for 2014 and 8.3 percent for 2015, projecting 9.1 percent and 8.3 percent.
Residential entry door exhibited an increase 5.3 percent for 2013, with 14.1 million units shipped. Development in residential entry door shipments is likewise anticipated to last for 2014 and 2015, forecasting 5.1 percent and 4.8 percent, respectively.
In addition, shop-fabricated light commercial windows swelled during the past two years, with a 41 percent increase in 2012 and 29 percent increase for 2013. The report’s estimate for 2014 projects 23 percent growth over last year with a steady but more modest pace in the years ahead.
The Window and Entry Door Industry 2014 U.S. Market Study tracks the industry's performance, key trends, and future direction. The report is grounded on industry input for product shipments in 2013 and was prepared, by Metrostudy, a Hanley Wood company, and the Virginia Center for Housing Research (CHR) at Virginia Tech.
The new study can be purchased online in the WDMA Bookstore.
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