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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 | Jan 2015

Open doors: Rising disposable income will support remodeling activity, boosting the industry

IBISWorld’s Millwork market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$25bn
Annual Growth 10-15
4.6%
Annual Growth 15-20
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Profit
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Employment
106,950
Businesses
3,608
Industry Analysis & Industry Trends

The Millwork industry has experienced challenging conditions in the past, due to a volatile housing market; however, recent market trends in construction have boosted revenue and brought new businesses to the industry over the five years to 2015. In the coming years, the residential construction market is expected to accelerate and push demand for the industry's products as rising disposable income will support investment in high-quality remodeling activity from consumers... purchase to read more

Industry Report - Starting a New Business Chapter

Depending on the market an operator competes within, there can be high or low barriers to entry for a prospective Millwork industry player. Manufacturers looking to compete within national markets will have high start-up costs for machinery and employees in order to keep up with production, while small companies may operate only within local markets or provide custom products that do not need large facilities or staff for their level of production. Transportation and shipping costs are also high for millwork products which are usually large and heavy.

Many industry players operate their business through contracts with retailers and wholesale distributors, or have a loyal customer base that will provide multi-year relationships... 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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