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Wood Paneling Manufacturing in North Carolina

Author.Name IBISWorld United States Last Updated: April 2025 NAICS NC32121

Wood Paneling Manufacturing in North Carolina industry analysis

The Wood Paneling Manufacturing industry in North Carolina is expected to decline an annualized -x.x% to $x.x billion 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 xxx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x billion, while the national industry is expected to grow x.x%. Industry establishments are forecast to decline -x.x% to xxx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Wood Paneling Manufacturing in North Carolina Market Research Report

What’s Included in the Wood Paneling Manufacturing in North Carolina Market Research Report

Definition of the Wood Paneling Manufacturing in North Carolina?

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 North Carolina?

The Wood Paneling Manufacturing in North Carolina 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 North Carolina 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 North Carolina

Benchmark the Wood Paneling Manufacturing in North Carolina industry performance with all NC county and national performance.

Wood Paneling Manufacturing in North Carolina

#3 in Highest Revenue 6.4% 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 North Carolina

See how key industry drivers, such as population, median houshold income, house price index, value of residential construction, private spending on home improvements and housing starts are impacting Wood Paneling Manufacturing in North Carolina

North Carolina Economic Indicators

Population
Median Houshold Income
House Price Index

View more economic information in NC 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 North Carolina

Access proprietary data on county in the Wood Paneling Manufacturing in North Carolina, such as Guilford County, Wake County and Mecklenburg County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Wood Paneling Manufacturing industry in North Carolina

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 North Carolina in 2025?

The market size of the Wood Paneling Manufacturing industry in North Carolina is $1.8bn in 2025.

How many businesses are there in the Wood Paneling Manufacturing industry in North Carolina in 2025?

There are 775 businesses in the Wood Paneling Manufacturing industry in North Carolina, which has been declining at an average annual rate of -0.1% from 2020 to 2025.

Has the Wood Paneling Manufacturing industry in North Carolina grown or declined over the past 5 years?

The market size of the Wood Paneling Manufacturing industry in North Carolina has been declining at an average annual rate of -0.9% from 2020 to 2025.

How many employees in the Wood Paneling Manufacturing industry in North Carolina in 2025?

There are 6,119 employees in the Wood Paneling Manufacturing industry in North Carolina, which has been growing at an average annual rate of 0.3% from 2020 to 2025.