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Primary Catalyst Driving Builders Joinery And Carpentry Of Wood Market Evolution in 2025: Rising Construction Activity Fuels Growth in Builder's Joinery And Carpentry Of The Wood Market Driver

02-10-2025 07:07 AM CET | Industry, Real Estate & Construction

Press release from: The Business Research Company

Builders Joinery And Carpentry Of Wood Market

Builders Joinery And Carpentry Of Wood Market

What Is the Future Outlook for the Builders Joinery And Carpentry Of Wood Market's Size and Growth Rate?
The market size for builders joinery and carpentry of wood has seen a robust growth in the past few years. The market is projected to increase from $72.56 billion in 2024 to $76.72 billion in 2025, with a compound annual growth rate (CAGR) of 5.7%. The growth observed in the historic period was due to elements like the enhancement of export promotion and trade agreements, government assistance for vocational education and apprenticeship schemes, tax benefits for eco-friendly practices, consciousness towards the preservation of cultural and architectural heritage, along with an increase in disposable income and homeownership.

In the coming years, the market size of builders joinery and carpentry of wood is slated to experience robust expansion. The projected market size by 2029 is $94.85 billion, growing at a compound annual growth rate (CAGR) of 5.4%. The increase over the forecast period can be credited to more funding for research and development, escalating green building efforts, a shift in focus towards luxury, emerging economies, and a surge in renovation and remodeling activities in residential and commercial sectors. Forecasted period's noteworthy trends encompass production automation, the genesis of custom woodwork, the integration of smart technology, the evolution of enhanced wood finishing techniques, and the incorporation of 3D printing in joinery.

What Key Elements Are Boosting Growth in the Builders Joinery And Carpentry Of Wood Market?
The rise in construction activities is predicted to fuel the expansion of the builders joinery and carpentry of wood market in the future. Factors like climate change, the need for less material consumption, worries about water resources, and a growing population influence the surge in construction events. Builders' joinery and wood carpentry play a crucial role in construction by designing and affixing structural and decorative wooden components, ensuring buildings are both functional and visually pleasing. For example, the US Census Bureau, an agency of the American government, reported in August 2024 that the worth of construction activities in June 2024 was about $2,148.4 billion, a 6.2% rise from the June 2023 estimation of $2,023.0 billion. Hence, the rise in construction activities is boosting the expansion of the builders joinery and carpentry of wood market.

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Which Key Market Leaders Are Driving Builders Joinery And Carpentry Of Wood Industry Growth?
Major companies operating in the builders joinery and carpentry of wood market are Georgia-Pacific LLC, UPM-Kymmene Corporation, Stora Enso Oyj, Assa Abloy AB, Sumitomo Forestry Co. Ltd, Weyerhaeuser Inc, Pfleiderer Leutkirch GmbH, JELD-WEN Holding Inc, VELUX Group, Andersen Corporation, Masonite International Corporation, Metsa Group, Pella Corporation, Simpson Strong Tie Co Inc, Alside Ltd, SIA BYKO-LAT, Huber Engineered Woods LLC, Stairways Midlands Ltd, Ante-holz GmbH, Medina Joinery Ltd, Meer End Staircases & Joinery, S&A Carpentry, Woodfellas Carpentry & Joinery Ltd

What Are the Emerging Trends in the Builders Joinery And Carpentry Of Wood Industry?
Leading businesses in the wood joinery and carpentry industry are striving to create innovative products like cordless, battery-driven planers. These products are designed to offer carpenters and remodelers a resourceful, compact, and robust tool which uplifts efficiency and accuracy in woodworking jobs. Battery-driven, cordless planers are portable woodworking devices intended for smoothing and leveling wood surfaces without necessitating a power outlet, making them perfect for on-site building and carpentry work. For example, in January 2023, Milwaukee Tool, a US firm specializing in portable electric power tools and accessories, launched the M12 Brushless 2 Planer as an element of their M12 System. This planer caters to the needs of finish carpenters and remodelers, delivering the power to plane and scribe both soft and hard wood. The device has a neat design, a 2 wide shoe for common tasks such as door scribing, and can shave off up to 5/64' in a single go, ensuring a smooth surface. With 21 depth settings, it aids precision cuts, making it a versatile tool for a wide range of woodworking assignments.

What Are the Main Segments in the Builders Joinery And Carpentry Of Wood Market?
The builders joinery and carpentry of wood market covered in this report is segmented -

1) By Product Type: Doors, Windows, Staircases And Railings, Cabinets And Cupboards, Flooring, Other Components
2) By Material Type: Solid Wood, Engineered Wood, Softwood, Hardwood, Plywood, Particleboard, Medium-Density Fiberboard (MDF), Other Material Types
3) By End-Use Application: Residential Construction, Commercial Construction, Industrial Construction, Renovation And Remodeling, Others End-Use Applications

Subsegments
1) By Doors: Wooden Doors, Panel Doors, French Doors, Sliding Doors
2) By Windows: Wooden Windows, Casement Windows, Sliding Windows, Bay Windows
3) By Staircases and Railings: Wooden Staircases, Balustrades, Handrails, Spiral Staircases
4) By Cabinets and Cupboards: Kitchen Cabinets, Bedroom Cabinets, Storage Cabinets, Custom Cupboards
5) By Flooring: Wooden Flooring, Engineered Wood Flooring, Parquet Flooring, Laminated Flooring
6) By Other Components: Wooden Beams, Mouldings and Trims, Wooden Paneling

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Which Geographic Area Leads the Builders Joinery And Carpentry Of Wood Market?
North America was the largest region in the builders joinery and carpentry of wood market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the builders joinery and carpentry of wood market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Builders Joinery And Carpentry Of Wood Global Market Report?

- Market Size Analysis: Analyze the Builders Joinery And Carpentry Of Wood Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Builders Joinery And Carpentry Of Wood Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Builders Joinery And Carpentry Of Wood Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Builders Joinery And Carpentry Of Wood Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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