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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 | Sep 2014

Open doors: Renewed home building and buying will support millwork recovery

IBISWorld’s Millwork market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$23bn
Annual Growth 09-14
3.7%
Annual Growth 14-19
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Profit
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Employment
101,937
Businesses
3,557
Industry Analysis & Industry Trends

A recovery in the construction sector will drive industry revenue growth in the next five years. After a contraction in construction activity during the recession, operators will benefit from improved residential construction, which will return to more cyclical growth. Furthermore, pent-up demand from first-time home buyers and more favorable economic conditions will breathe life into the industry. Competition from substitute materials like vinyl, however, is a growing concern for millwork manufacturers... purchase to read more

Industry Report - Industry Locations Chapter

The Millwork industry has a similar geographic distribution to other wood manufacturing industries. The majority of industry establishments are located in the Southeast, West, Great Lakes and Mid-Atlantic regions. Industry operators typically choose to locate near upstream industries, such as sawmills and wood paneling manufacturers, to keep transportation costs down. In addition, millwork companies locate near major consumer markets because the majority of products are purchased for the residential construction market.

Southeast

The Southeast is responsible for more than one-quarter of the industry's millwork production. In 2014, the Southeast region accounts for 27.7% of manufacturing facilities... 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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