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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 | Jun 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
$27bn
Annual Growth 09-14
7.8%
Annual Growth 14-19
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Profit
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Employment
121,865
Businesses
3,778
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 in the two years to 2011, 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 Products Chapter

Wood windows and doors

The production of wood windows and doors accounts for nearly half of industry revenue. It includes wooden windows and door units, sashes, window frames and doorframes, and doors made from wood or 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 these products is determined by trends in residential and non-residential construction. The price of windows, doors and frames is estimated to increase at an average annual rate of 2.1% between 2009 and 2014 according to the latest data from the Bureau of Labor Statistics, which is stronger price growth than most other industry products... 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 products
 
Industry Activities
Wooden windowWooden door Wooden floor Specialized lumber cutting and shaping


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