Residential windows demand was approximately $15.3 billion in 2019. According to Principia’s recently updated demand and forecast, windows demand in 2020 is forecast to be approximately $14.6 billion in 2020—a 5% decline from 2019 demand due to the impact of COVID-19. Prior to the pandemic, windows demand was forecast to be $15.7 billion in 2020.
COVID-19-related impacts on residential windows demand include:
- Windows demand in the single family market is expected to retain more of its pre-COVID-19 forecast value because the multifamily sector was more affected by COVID-19 related disruptions
- Windows has a higher discretionary purchase ranking relative to other categories covered by Principia, and did not benefit as much from the retail DIY surge evident during the COVID-19 shutdown
More information about residential windows demand is available for purchase in three product offerings designed to meet your specific needs Product Demand Snapshot, DemandBuilder®, and BuilderSeries®.
Check out other residential windows demand coverage here.