Wood Door & Window Manufacturing in the US - Market Research Report (2014-2029)
New York, United States
Last Updated: September 2024
NAICS OD5902Revenue
$16.3bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
54,041
Businesses
883
Wages
$X.Xbn
Wood Door & Window Manufacturing in the US industry analysis
Wood door and window manufacturing is a component of the broader millwork industry (IBISWorld report 32191). This industry includes manufacturing establishments primarily engaged in the production of wood doors and windows, though they may integrate materials such as plastic laminates and metal cladding in their products. Wood door and window manufacturing revenue is estimated to decline at a CAGR of 0.1% to $16.3 billion through the end of 2024, with a forecast decline of 0.3% during the current year. Profit will decline as wage costs have outpaced revenue.
Trends and Insights
- The Federal Reserve cut interest rates to counteract the economic downturn from the pandemic. This move aimed to stimulate the economy and led to lower mortgage rates, which in turn boosted residential construction activity.
- Wood panel, flush, and molded doors dominate the market's biggest segment. Window units and panels also see strong demand. These products are crucial for home construction and renovation projects.
- Wood door and window manufacturers are strategically located near downstream markets in the Southeast. This region hosts about a quarter of the US population, driving high residential construction activity and making it an attractive hub for such businesses.
- Competitive pricing is crucial for attracting customers in the low-margin wood door and window industry. Manufacturers must also offer a variety of high-quality, aesthetically appealing products. Ensuring both factors can significantly boost market success.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 0.1 % over the past five years, to reach an estimated $16.3bn in 2024.
Trends and Insights
Residential construction activity soars due to low mortgage rates
- The residential construction market covers demand from single and multi-family homes, along with apartment buildings.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Residential construction activity will remain depressed compared with the prior period
- Over the outlook period, the Federal Reserve will raise interest rates to maintain a sustainable level of economic growth.
Biggest companies in the Wood Door & Window Manufacturing in the US
| Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Jeld-Wen | 1,502.9 | 137.7 | 9.2 | |
Masonite International Corporation | 1,459.6 | 217.2 | 14.9 | |
Andersen Corp | 913.1 | 42.4 | 4.6 |
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 Window units and panels, Wood panel, flush and molded doors and Other. Window units and panels is the largest segment of the Wood Door & Window Manufacturing in the US.
Trends and Insights
Wood panel, flush and molded doors are highly versatile, offering both indoor and outdoor usage
- These doors can be used either in interior or exterior applications, though most of the segment's products are interior doors.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Sheet Metal, Window & Door Manufacturing in the US
Complementors
- Sawmills & Wood Production in the US
- Wood Paneling Manufacturing in the US
- Millwork in the US
International industries
- Global Architectural Services
- Millwork in Canada
- Wooden Structural Component Manufacturing in Australia
- Wooden Structural Fitting and Component Manufacturing in New Zealand
- Carpentry & Joinery Product Manufacturing in the UK
Table of Contents
About this industry
Industry definition
This industry manufactures window and door units from wood or wood clad with metal or plastics. The industry also includes garage, patio and cabinet doors.
What's included in this industry?
Manufacturing window unitsManufacturing door unitsManufacturing window and door componentsCompanies
Jeld-WenMasonite International CorporationAndersen CorpPurchase this report to view all 3 major companies in this industry.
Related Terms
HARDWOODMILLWORKSOFTWOODIndustry Code
NAICS 32191 - Wood Door & Window Manufacturing in the US
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
The Federal Reserve cut interest rates to counteract the economic downturn from the pandemic. This move aimed to stimulate the economy and led to lower mortgage rates, which ...
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
Wood panel, flush, and molded doors dominate the market's biggest segment. Window units and panels also see strong demand. These products are crucial for home construction an...
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
Wood door and window manufacturers are strategically located near downstream markets in the Southeast. This region hosts about a quarter of the US population, driving high re...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each state in 2024
- Number and share of revenue each state accounts for in 2024
- Number and share of wages each state accounts for in 2024
- Number and share of employees in each state in 2024
Detailed analysis
- Geographic spread of the industry across North America, 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
Competitive pricing is crucial for attracting customers in the low-margin wood door and window industry. Manufacturers must also offer a variety of high-quality, aestheticall...
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
Wood door and window manufacturing is highly fragmented. Still, Jeld-Wen is a strong player with a higher-than-average amount of employees. The company specializes in wooden ...
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 Jeld-Wen's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Masonite International Corporation's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Andersen Corp's performance by revenue, market share and profit margin from 2018 through 2024
Detailed analysis
- Description and key data for Jeld-Wen, and factors influencing its performance in the industry
- Description and key data for Masonite International Corporation, and factors influencing its performance in the industry
- Description and key data for Andersen Corp, 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
Wood door and window manufacturers face strict environmental and noise regulations. These include the Clean Water Act, Resource Conservation and Recovery Act, Clean Air Act, ...
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
Purchases are the largest cost for wood door and window manufacturers. Purchases primarily include hardwood and softwood lumber, resins used as wood preservatives and coating...
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
- Industry Multiples (2017-2022)
- Industry Tax Structure (2017-2022)
- Income Statement (2017-2022)
- Balance Sheet (2017-2022)
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- 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)
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 US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
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.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Wood Door & Window Manufacturing in the US industry in United States in 2024?
The market size of the Wood Door & Window Manufacturing in the US industry in United States is $16.3bn in 2024.
How many businesses are there in the Wood Door & Window Manufacturing in the US industry in 2024?
There are 883 businesses in the Wood Door & Window Manufacturing in the US industry in United States, which has declined at a CAGR of 1.6 % between 2019 and 2024.
Has the Wood Door & Window Manufacturing in the US industry in United States grown or declined over the past 5 years?
The market size of the Wood Door & Window Manufacturing in the US industry in United States has been declining at a CAGR of 0.1 % between 2019 and 2024.
What is the forecast growth of the Wood Door & Window Manufacturing in the US industry in United States over the next 5 years?
Over the next five years, the Wood Door & Window Manufacturing in the US industry in United States is expected to grow.
What are the biggest companies in the Wood Door & Window Manufacturing in the US market in United States?
The biggest companies operating in the Wood Door & Window Manufacturing market in United States are Jeld-Wen, Masonite International Corporation and Andersen Corp
What does the Wood Door & Window Manufacturing in the US in United States include?
Manufacturing window units and Manufacturing door units are part of the Wood Door & Window Manufacturing in the US industry.
Which companies have the highest market share in the Wood Door & Window Manufacturing in the US in United States?
The company holding the most market share in United States is Jeld-Wen.
How competitive is the Wood Door & Window Manufacturing in the US industry in United States?
The level of competition is moderate and steady in the Wood Door & Window Manufacturing in the US industry in United States.
