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Wood Paneling Manufacturing in New Mexico

Author.Name IBISWorld United States Last Updated: April 2025 NAICS NM32121

Wood Paneling Manufacturing in New Mexico industry analysis

The Wood Paneling Manufacturing industry in New Mexico is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x.x% to xx locations. Industry employment has decreased an annualized -x.x% to xx workers, while industry wages have decreased an annualized -x.x% to $x.x thousand.

Over the five years to 2030, the industry is expected to grow an annualized x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xx locations. Industry employment is expected to stagnate an annualized x% to xx workers, while industry wages are forecast to decrease -x% to $x.x thousand.

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About the Wood Paneling Manufacturing in New Mexico Market Research Report

What’s Included in the Wood Paneling Manufacturing in New Mexico Market Research Report

Definition of the Wood Paneling Manufacturing in New Mexico?

The industry includes companies that manufacture veneer, plywood, engineered wood or reconstituted wood products. The industry does not include companies that primarily engage in sawmilling or wood preservation, nor does it include companies that primarily produce dimensions stock.

What’s included in the Wood Paneling Manufacturing in New Mexico?

The Wood Paneling Manufacturing in New Mexico includes veneer manufacturing, plywood manufacturing, reconstituted wood products manufacturing (including sheets and boards), plastic-faced plywood manufacturing, oriented strand board (osb) manufacturing, medium-density fiberboard (mdf) manufacturing, laminated structural wood members manufacturing, fabricated structural wood members manufacturing, particleboard manufacturing and roof trusses manufacturing. Related terms covered in the Wood Paneling Manufacturing in New Mexico industry report includes produced by layering strands or flakes of wood across various orientations and then compressing it with resin, made by applying high heat and pressure to a mixture of softwood and wood fibers mixed with a resin, also known as chipboard, this material is made from wood chips and shavings, mixed with a resin and pressed, made from thin sheets of wood veneer, which are glued together at right angles to increase strength and thinly sliced pieces of wood that are glued to wood, mdf and particleboard panels.

Industry Performance of the Wood Paneling Manufacturing industry in New Mexico

Benchmark the Wood Paneling Manufacturing in New Mexico industry performance with all NM county and national performance.

Wood Paneling Manufacturing in New Mexico

#49 in Highest Revenue 0% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Wood Paneling Manufacturing in the US


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Wood Paneling Manufacturing industry in New Mexico

See how key industry drivers, such as population, per capita disposable income, median houshold income, value of residential construction, private spending on home improvements and housing starts are impacting Wood Paneling Manufacturing in New Mexico

New Mexico Economic Indicators

Population
Per Capita Disposable Income
Median Houshold Income

View more economic information in NM State Economic profile

US Key External Drivers

Value of residential construction
Private spending on home improvements
Housing starts

For the full list of industry drivers, see report purchase options.

County Data of the Wood Paneling Manufacturing industry in New Mexico

Access proprietary data on county in the Wood Paneling Manufacturing in New Mexico, such as Socorro County, Bernalillo County and Rio Arriba County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Wood Paneling Manufacturing industry in New Mexico

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Wood Paneling Manufacturing industry in New Mexico in 2025?

The market size of the Wood Paneling Manufacturing industry in New Mexico is $9.1m in 2025.

How many businesses are there in the Wood Paneling Manufacturing industry in New Mexico in 2025?

There are 32 businesses in the Wood Paneling Manufacturing industry in New Mexico, which has been declining at an average annual rate of -0.6% from 2020 to 2025.

Has the Wood Paneling Manufacturing industry in New Mexico grown or declined over the past 5 years?

The market size of the Wood Paneling Manufacturing industry in New Mexico has been declining at an average annual rate of -1.6% from 2020 to 2025.

How many employees in the Wood Paneling Manufacturing industry in New Mexico in 2025?

There are 34 employees in the Wood Paneling Manufacturing industry in New Mexico, which has been declining at an average annual rate of -4.6% from 2020 to 2025.