The American Architectural Manufacturers Association (AAMA) has released the "AAMA 2017/2018 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 2018.
Residential
Total housing starts continued their growth curve in 2017 with strong gains in the single family segment of 9 percent. Going forward, the overall new housing market is expected to continue to grow through 2020. Single family starts are expected to continue to take the lead in 2018 and experience another 9 percent increase.
Speaking specifically to fenestration, 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. Meanwhile remodeling and replacement window demand increased modestly again, by 2 percent in 2017, with growth in this segment also likely to be somewhat improved in 2018 against the backdrop of strong remodeling expenditures.