New WDMA Report Predicts Market Growth Through 2015
June 10, 2014
The Window and Door Manufacturers Association has released the WDMA Window and Entry Door Industry 2014 U.S. Market Study, showing overall residential window market growth of 10 percent 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, according to the report, at 9.1 percent and 8.3 percent, respectively. Residential entry door shipments showed modest growth of 5.3 percent 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, with the WDMA forecasting growth rates of 5.1 percent and 4.8 percent, respectively.
Shop-fabricated light commercial windows have shown significant growth over the past two years, with a 41 percent increase in 2012 and a 29 percent increase for 2013. The report forecast for 2014 shows 23 percent growth over 2013, 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.