The Window and Door Manufacturers Association (WDMA) has released the WDMA Window and Entry Door Industry 2014 U.S. Market Study. This report provides the 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 2013 and was prepared, researched and analyzed by Metrostudy, a Hanley Wood company, and the Virginia Center for Housing Research (CHR) at Virginia Tech.
This report delivers timely, detailed information on residential entry door, and residential and light commercial window market trends and product relationships; historic data for 2011 and 2012, and forecast data for 2014 through 2016. Forecasts are based on projections of construction activity as of May 2014. Also included in the report is data on ENERGY STAR 2013 production and market growth.
The report shows overall residential window market growth of 10% for 2013, with a total estimate of 44.5 million units shipped. Growth is expected to continue at a slightly slower pace for 2014 and 2015, forecasting 9.1% and 8.3% respectively. Residential entry door showed modest growth of 5.3% for 2013, with 14.1 million units shipped. Growth in residential entry door shipments is similarly expected to continue at a slightly slower pace for 2014 and 2015, forecasting 5.1% and 4.8% respectively.
Shop-fabricated light commercial windows show significant growth over the past two years, with a 41% increase in 2012 and most recently a 29% increase for 2013. The report forecast for 2014 shows 23% growth over 2013 and with a steady but more moderate pace in the following years.
The WDMA Window and Entry Door Industry 2014 U.S. Market Study is available for purchase online in the WDMA Bookstore.