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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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 Analysis Chapter

Over the past five years, the Millwork industry has experienced difficult times as the real estate market experienced its worst downfall since the Great Depression at the peak of the recent recession. The industry's main manufactured products are wooden windows, doors, flooring and other cut or shaped dimension stock. These products are used throughout the construction sector, primarily in residential construction; about two-thirds of millwork products are used for residential construction, while commercial and industrial construction account for the remaining one-third of industry sales. Therefore, industry performance relies heavily on the number of housing starts, remodeling activity and commercial and industrial construction activity... 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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