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AAMA Releases 2015/2016 Market Studies, Predicts Fenestration Industry Trends

Post Time:May 31,2016Classify:Industry NewsView:447

2015/2016 Study of the U.S. Market for Windows, Doors and Skylights. This bi-annual report delivers timely information on residential and non-residential market trends and product relationships for windows, doors, skylights, curtain walls and storefronts. Forecasts are based on projections of construction activity as of March 2016.

 

Due to the lag of approximately 12 months between contract awards and actual non-residential construction, the relevant metric for 2015 product demand market is the increase in non-residential contract awards of 15 percent. In 2015, the market declined 5 percent overall, and all segments experienced a slight decline. Manufacturing/warehouses declined 7 percent, stores/mercantile building declined 4 percent, while office buildings/hotels/institutional declined 5 percent. Going forward non-residential contract awards are expected to increase in 2015 throughout 2018.

 

The 2015 market for non-residential entry doors in the U.S. has continued to experience growth, up 5 percent over 2014 and up 16 percent since 2013.

 

Storefront applications and site-fabricated commercial windows combine to account for 54 percent of the non-residential market. Shop-fabricated commercial windows, which include residential type and light commercial windows, as well as architectural windows, represent 24 percent of the market, with curtain wall accounting for the remaining 22 percent of non-residential vision area. All of these categories were up from 2013.

 

Source: pubstore.aamanet.orgAuthor: shangyi

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