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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

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 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 - Starting a New Business Chapter

There are low barriers to entry for the Millwork industry. Industry competition remains high, however, because there are still a significant number of firms operating in the industry. This competition will ensure that profit margins are kept in check for any new producer and will make gaining new business difficult, even for experienced manufacturers. Any new company with a competitive advantage, though, such as a new manufacturing technique that improves product quality for a competitive price, could gain access to this industry.

Start-up costs vary depending on the scale of operations. New businesses will need to secure an operational facility with easy main-road access and turnaround room for large delivery vehicles... 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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