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AAMA releases 2017/2018 Fenestration Industry Trends Forecast

 

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 non-residential market trends and product relationships for windows, doors and skylights, storefront and curtain wall. Forecasts are based on projections of construction activity as of March 2018.

Key Highlights:

  • For residential applications, 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.
  • 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.
  • An increase in demand for both fenestration and doors is expected in the nonresidential sector. Total contract awards were shown to increase an additional 4% in 2018.
  • The study estimates that the total U.S. market for commercial unit skylights in 2017 represents a 6 percent increase from 2015.

 

Additional and more detailed information on the residential and commercial fenestration markets is contained in the AAMA 2017/2018 Study of the U.S. Market for Windows, Doors and Skylights (published in May 2018), which includes the items listed below.

  • AAMA U.S. Industry Channel Distribution Report profiles the residential and non-residential market for windows and doors as it flows through the identified distribution channels.
  • AAMA U.S. Industry Market Size Report quantifies residential and non-residential market volumes, both historic and projected.
  • AAMA U.S. Industry Regional Statistical Review and Forecasts details information on trends and product relationships.

These reports are all available for purchase online from the AAMA online store.

Contact Wakefield Equipment for your fenestration needs.

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