Industry Statistics and Trends
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 4.5 % over the past five years, to reach an estimated £7.5bn in 2024.
Trends and Insights
Residential construction activity struggles despite government housing targets
- Carpentry and joinery product manufacturers generate a big chunk of their revenue from housebuilders and renovators. The construction of new homes and a higher number of residential property transactions raise carpentry product sales. People generally undertake remodelling and renovation activities when they buy a home.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Government policy support aids sales to residential construction contractors
- Residential construction will continue to benefit from government initiatives and targets aimed at easing the UK's housing shortage.
Biggest companies in the Carpentry & Joinery Product Manufacturing in the UK
| Company | Market Share (%)
2025 | Revenue (£m)
2025 |
|---|---|---|
Howarth Timber Group Ltd | 320.6 | |
James Walker (Leith) Ltd | 140.6 | |
JELD-WEN UK Ltd | 126.7 |
To view the market share and analysis for all 3 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Builders' joinery and carpentry , Doors, frames and thresholds and Prefabricated wooden buildings. Builders' joinery and carpentry is the largest segment of the Carpentry & Joinery Product Manufacturing in the UK.
Trends and Insights
Builders’ joinery and carpentry sales encounter hurdles as material costs and labour shortages impact housebuilding
- Builders' carpentry and joinery products include stair systems, wood panels for cabinets and shelving and structural components for buildings, like beams, rafters and roof struts. Wooden shingles to clad the exterior of buildings are also included.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Carpentry and joinery product manufacturers produce various types of wooden goods mainly used in construction. These include doors, windows and frames, structural carpentry products (e.g. beams and rafters) and prefabricated buildings like mobile homes.
What's included in this industry?
Builders' carpentry and joinery productsDoors, frames and thresholdsPrefabricated wooden buildingsWindows and framesDoor handles and locksCompanies
Howarth Timber Group LtdJames Walker (Leith) LtdJELD-WEN UK LtdPurchase this report to view all 3 major companies in this industry.
Related Terms
SHUTTERINGUNPLASTICISED POLYVINYL CHLORIDE (UPVC)SHINGLESCARBON FOOTPRINTFOIL DOORIndustry Code
SIC 16.23 - Carpentry & Joinery Product Manufacturing in the UK
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Government policy lifts non-residential construction activity. The construction of schools and hospitals supports non-residential construction activity, driving up sales of c...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Eco-friendly prefab wooden buildings prove popular with homeowners. Prefabricated wooden buildings have climbed in popularity, as they’re deemed more sustainable than their m...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The North West has a rich history of manufacturing. This region is popular with carpentry and joinery product manufacturers, as there’s plenty of space to fit warehouses and ...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Price and quality are key to staying competitive. Price competition has intensified as manufacturers attempt to win business. Manufacturers can create customer loyalty throug...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
There are no major players. The industry is highly fragmented. There are many small-scale and independent manufacturers that primarily operate in a limited geographical regio...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Howarth Timber Group Ltd's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of James Walker (Leith) Ltd's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of JELD-WEN UK Ltd's performance by revenue, market share and profit margin from 2018 through 2024
Detailed analysis
- Description and key data for Howarth Timber Group Ltd, and factors influencing its performance in the industry
- Description and key data for James Walker (Leith) Ltd, and factors influencing its performance in the industry
- Description and key data for JELD-WEN UK Ltd, and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The duty rate for importing products from outside the EU varies. Doors and frames made from topical wood are subject to a 2% duty rate, as are specific types of wooden floori...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Wage costs are high. Many small manufacturers can't afford to automate production. Highly skilled staff are required to carry out activities and operate machinery.
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Liquidity Ratios (2018-2022)
- Coverage Ratios (2018-2022)
- Leverage Ratios (2018-2022)
- Operating Ratios (2018-2022)
- Assets (2018-2022)
- Liabilities (2018-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Carpentry & Joinery Product Manufacturing in the UK industry in United Kingdom in 2024?
The market size of the Carpentry & Joinery Product Manufacturing in the UK industry in United Kingdom is £7.5bn in 2024.
How many businesses are there in the Carpentry & Joinery Product Manufacturing in the UK industry in 2024?
There are 8,525 businesses in the Carpentry & Joinery Product Manufacturing in the UK industry in United Kingdom, which has grown at a CAGR of 3.1 % between 2019 and 2024.
Has the Carpentry & Joinery Product Manufacturing in the UK industry in United Kingdom grown or declined over the past 5 years?
The market size of the Carpentry & Joinery Product Manufacturing in the UK industry in United Kingdom has been growing at a CAGR of 4.5 % between 2019 and 2024.
What is the forecast growth of the Carpentry & Joinery Product Manufacturing in the UK industry in United Kingdom over the next 5 years?
Over the next five years, the Carpentry & Joinery Product Manufacturing in the UK industry in United Kingdom is expected to grow.
What are the biggest companies in the Carpentry & Joinery Product Manufacturing in the UK market in United Kingdom?
The biggest companies operating in the Carpentry & Joinery Product Manufacturing market in United Kingdom are Howarth Timber Group Ltd, James Walker (Leith) Ltd and JELD-WEN UK Ltd
What does the Carpentry & Joinery Product Manufacturing in the UK in United Kingdom include?
Builders' carpentry and joinery products and Doors, frames and thresholds are part of the Carpentry & Joinery Product Manufacturing in the UK industry.
Which companies have the highest market share in the Carpentry & Joinery Product Manufacturing in the UK in United Kingdom?
The company holding the most market share in United Kingdom is Howarth Timber Group Ltd.
How competitive is the Carpentry & Joinery Product Manufacturing in the UK industry in United Kingdom?
The level of competition is high and increasing in the Carpentry & Joinery Product Manufacturing in the UK industry in United Kingdom.
Related Industries
Widen your competitive advantage with related industries
Competitors
- Metal Door & Window Manufacturing in the UK
Complementors
- Sawmilling & Wood Planing in the UK
- Office & Shop Furniture Manufacturing in the UK
- Kitchen Furniture Manufacturing in the UK
International industries
- Wood Product Manufacturing in the US
- Prefabricated Home Manufacturing in the US
- Wooden Structural Component Manufacturing in Australia
- Prefabricated Wooden Building Manufacturing in Australia
- Wooden Structural Fitting and Component Manufacturing in New Zealand
View all industries in United Kingdom
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the UK include:
- Office for National Statistics
- Office for Budget Responsibility
- Bank of England
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
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