Increased spending on new housing and renovation activity will drive sales gains, as will a shift in product mix toward higher value windows and doors. Homeowners are expected to increasingly opt for products that offer superior performance and aesthetics, typically sold at higher price points.
The market will benefit from a number of positive trends, including healthy growth in new single-family housing construction activity and home improvement spending; solid gains in commercial building construction and renovation expenditures; and ongoing spending to update garage and overhead doors with newer models that offer improved performance and/or aesthetic advantages.
Global demand for windows and doors is forecast to rise 3.8% per year to $244 billion in 2025.
Through 2026, the market for windows and doors in the US is forecast to increase slightly to $35.9 billion from an elevated 2021 base, when window and door prices surged to record highs due to product shortages and increases in raw material prices.