If your home's windows are outdated or energy inefficient, you may be looking into a window replacement service. You're not alone! The window replacement industry has seen steady growth in recent years for a few key reasons. In this article, we'll go over a few of those reasons.

1. Increased Home Sales

In our experience, when people purchase existing homes, renovations often follow. Upgrading worn-out windows is a popular project for new homeowners. According to Market Watch, the global window replacement and installation market size is projected to reach $84 billion by 2028 at a CAGR of 4.56% from 2022 to 2028.

Industry growth is partly fueled by busy real estate markets and the desire for updated, more efficient windows after home purchases. Newer windows can help homes sell faster and for a higher price, in our experience. We recommend replacing outdated or damaged windows to improve curb appeal and buyer perceptions.

2. Energy Efficiency Demand

With sustainability on the rise, our experts agree that many homeowners are eager to reduce energy consumption. Old, single-pane windows lose heat in winter and cool in summer. New energy-efficient windows provide better insulation, saving households money on utility bills.

When you invest in energy-efficient windows, you'll be able to turn that cost around! You'll see long-term utility bill savings. In addition, these newer windows will be a feature you can highlight for potential buyers, should you opt to sell your home. Both can help offset some of the upfront investment. 

3. Improved Safety Features

Safety is another factor driving window replacements. If you're in an area that faces harsh storms, our experts often recommend impact-resistant glass to protect against damage from storms and intruders. Features like tempered glass reduce injury risk if broken. Locks, alarmed sensors, and laminate layers boost security as well. For homeowners concerned about protection from severe weather and crime, new windows offer greater safety and reassurance.

4. Curb Appeal Importance

While functionality matters most, aesthetics shouldn't be overlooked. Replacement windows provide the opportunity to upgrade style and complement your home's exterior. Custom shapes, frosted glass, and colorful frames can update traditional looks. Unique window replacements can enhance your home's curb appeal.

By understanding drivers like real estate trends, energy savings, safety, and aesthetics, window industry professionals can meet growing consumer demand. If you want to replace outdated or damaged windows in your home, numerous options are available thanks to the experts in this thriving market. Call Remodel Door and More to get a quote when you're ready to replace your windows.