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Millwork in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Millwork Market Research Report | NAICS 32191 | May 2016

Open doors: Rising disposable income will support remodeling activity, boosting the industry

The Millwork market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$27bn
Annual Growth 11-16
7.2%
Annual Growth 16-21
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Profit
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Employment
108,346
Businesses
3,180
Industry Analysis & Industry Trends

The Millwork industry has experienced challenging conditions in the past, due to a volatile housing market; however, recent market trends in construction have boosted revenue and brought new businesses to the industry over the five years to 2016. In the coming years, the residential construction market is expected to accelerate and push demand for the industry's products as rising disposable income will support investment in high-quality remodeling activity from consumers. However, the industry's wooden products will continue to compete with lower-cost substitute materials, such as aluminum and vinyl... purchase to read more

Industry Report - Industry Products Chapter

Wood windows and doors

The production of wood windows and doors accounts for nearly half of industry revenue. Products in this segment include wooden windows and door units, sashes, window frames and doorframes and doors made from wood or from wood clad with metal or plastics. Residential and commercial building contractors, wholesalers and retail outlets are the largest purchasers of these millwork products, demand for which is determined by trends in residential and nonresidential construction. The segment's share of revenue is estimated at 42.9%. Over the past five years, sales of wooden doors, particularly garage doors, have faced strong competition from products made from substitute materials, such as metal... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Millwork Industry?

This industry manufactures hardwood and softwood cut stock and dimension stock (lumber and worked wood products cut or shaped into specific sizes); wood windows and doors; and other millwork including wood flooring. The reshaped wood products are sold mainly to housing and other building construction industries and their contractors, in addition to other wood product distributors.

Industry Products
Wood windows and doorsCut stock, resawed lumber and planed lumberFlooring and other millwork products
 
Industry Activities
Wooden windowWooden door Wooden floor Specialized lumber cutting and shaping


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