WDMA Releases 2016 Window and Patio Door U.S. Market Study
Residential window and patio door shipments show small growth in 2015
[Chicago] The Window and Door Manufacturers Association (WDMA) has released the WDMA 2016 Window and Patio Door U.S. Market Study. This report provides data and insights needed to understand the industry’s performance, key trends, and future direction. The report is based on extensive industry input for product shipments in 2015 and was prepared, researched and analyzed by Metrostudy, a Hanley Wood company.
This report delivers timely information on residential patio door, and residential and light commercial window market trends and product relationships; historic data for 2013 and 2014, and forecast data for 2016 through 2018. Forecasts are based on projections of construction activity as of May 2016.
Residential window shipments increased 0.2% in 2015 with 57.36 million units shipped across the nation. Looking forward, national growth is expected to increase through 2017 to 4.8% before trailing off in 2018 to 1.9%.
In 2015, shipments of sliding patio doors grew by 8% over 2014 on the national level. Annual growth on the national level is forecasted to moderate to 0.5% in 2016, 0.4% in 2017, and then experience a decrease of 2.2% in 2018. Hinged patio door shipments saw a rather flat annual growth rate of 0.9% in 2015. The forecast calls for steady declines through 2018, with annual decreases expected across the board in every division. Nationally, annual decreases of 9% are expected in both 2016 and 2017, and an 11% decrease is expected in 2018.
Vision area of commercial windows increased 9% to 106.62 million square feet in 2015. In the near term forecast, growth nationally is expected to strengthen in 2016 by 14%, followed by a 17% increase in 2017. The forecast for 2018 calls for still positive growth, but at a slightly slower rate of 13%.
The WDMA 2016 Window and Patio Door U.S. Market Study is available to purchase online in the WDMA bookstore at MailScanner has detected a possible fraud attempt from “r20.rs6.net” claiming to be www.wdma.com. The WDMA 2016 Entry Door U.S. Market Study will be released by the end of the month and the WDMA 2016 Architectural Door U.S. Market Study will be released later in September.
Founded in 1927, the Window & Door Manufacturers Association is the premier trade association representing the leading manufacturers of residential and commercial window, door and skylight products for the domestic and export markets. WDMA members are focused on Total Product Performance™ products that are designed and built to performance-based standards. The association is focused on key member needs in the areas of advocacy, product performance, education and information and facilitating business interactions and relationships in the fenestration eco-system. For more information, please visit MailScanner has detected a possible fraud attempt from “r20.rs6.net” claiming to be www.wdma.com.