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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 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
$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 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, but 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, the industry's performance depends 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 products
 
Industry Activities
Wooden windowWooden door Wooden floor Specialized lumber cutting and shaping


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