$34.6bn
$X.Xbn
114k
9,166
$X.Xbn
The Millwork industry manufactures wood-based architectural products, including doors, windows and flooring. These reshaped wood products are key components of construction projects. As general construction activity increases, so will demand for millwork. Most millwork products are used in residential construction, split evenly between new housing construction and renovations. While competition from steel, aluminum, vinyl and other materials is intense for nonresidential construction, sales to this sector still account for a relatively small portion of industry revenue.
Industry revenue has grown at a CAGR of 1.7 % over the past five years, to reach an estimated $34.6bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Weather Shield Mfg Inc. | 486.0 | 21.3 | 4.4 | |
Kolbe & Kolbe Millwork Co. Inc. | 185.1 | 8.1 | 4.4 | |
Ferche Millwork Inc. | 15.3 | 0.7 | 4.4 |
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Industry revenue is measured across several distinct product and services lines, including Wood windows and doors, Cut stock, resawed lumber and planed lumber and Flooring and other millwork products. Wood windows and doors is the largest segment of the Millwork in the US.
Wood windows and doors remain the industry's largest segment
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.
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NAICS 32191 - Millwork in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
The Federal Reserve lowered interest rates early on in the period. Residential construction activity boomed, as residential work takes a relatively short time to complete and...
Learn about an industry's products and services, markets and trends in international trade.
Wooden window frames and doors remains the industry’s largest product segment. Hardwood floors and raw materials also make up a significant portion of demand.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Millworkers choose to locate themselves near sawmills, making the Southeast the most popular choice to set up establishments. Millworkers are able to quickly and conveniently...
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.
Competitive pricing is key to attracting downstream customers in a relatively low-margin industry. Millworkers must also be able to deliver a range of high-quality products t...
Learn about the performance of the top companies in the industry.
The millwork industry is highly fragmented. Still, Weather Shield Mfg is a strong player with a higher-than-average amount of employees. The company specializes in wooden win...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Millworkers are under heavy environment and noise regulation. These include the Clear Water Act, Resource Conservation and Recovery Act, Clean Air Act, the Cluster Rule and n...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Purchases are the largest cost for millworkers. Purchases primarily includes reworked and engineered hardwood and softwood bought from veneer and plywood producers and sawmil...
Including values and annual change:
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Key data sources in the US include:
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The market size of the Millwork in the US industry in United States is $34.6bn in 2024.
There are 9,166 businesses in the Millwork in the US industry in United States, which has declined at a CAGR of 0.1 % between 2019 and 2024.
The market size of the Millwork in the US industry in United States has been growing at a CAGR of 1.7 % between 2019 and 2024.
Over the next five years, the Millwork in the US industry in United States is expected to grow.
The biggest companies operating in the Millwork market in United States are Weather Shield Mfg Inc., Kolbe & Kolbe Millwork Co. Inc. and Ferche Millwork Inc.
Wood windows and doors and Cut stock, resawed lumber and planed lumber are part of the Millwork in the US industry.
The company holding the most market share in United States is Weather Shield Mfg Inc..
The level of competition is moderate and steady in the Millwork in the US industry in United States.