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Construction And Furniture Industries Fueling Structural Wood Screws Market Growth: Pivotal Factor Influencing Structural Wood Screws Market Growth in 2025

07-14-2025 08:47 AM CET | Industry, Real Estate & Construction

Press release from: The Business Research Company

Structural Wood Screws

Structural Wood Screws

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Structural Wood Screws Market Size Growth Forecast: What to Expect by 2025?
The market size of the structural wood screws industry has seen consistent growth in the past few years. It's projected to expand from a value of $4.76 billion in 2024 to $5 billion in 2025, representing a compound annual growth rate (CAGR) of 5.0%. Factors that led to this steady growth in the historical period include the expansion of the furniture sector, an increase in construction activities around various parts of the world, a surge in investments in the worldwide construction industry, manufacturers focusing on efficient pricing strategies, and fierce competition resulting in minimal product differentiation.

How Will the Structural Wood Screws Market Size Evolve and Grow by 2029?
The market for structural wood screws is projected to witness substantial expansion in the coming years, expected to reach a valuation of $6.45 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.6%. This growth during the forecast period can be credited to increased government spending, elevation in investments for commercial constructions such as hospitals, hotels, and educational institutions, heightened usage of structural wood screws in new residential projects, and evolving consumer lifestyles. Key trends expected in the forecast period include advancements in screw technology, customization of products, the introduction of heavy-duty wood screws, inventive designs, as well as partnerships and collaborations.

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What Drivers Are Propelling the Growth of Structural Wood Screws Market Forward?
The expansion of the structural wood screws market is anticipated to be driven by the burgeoning construction and furniture industries. These sectors encompass a plethora of activities, ranging from the conceptualisation and creation to the production and installation of various structures, edifices, furniture pieces, and fixtures. Structural wood screws form an integral part of these sectors due to their capacity to offer enhanced structural reliability, fostering sturdy and enduring connections for all wood-based furniture and constructions. An illustration of this is the expectation shared by the U.S. Census Bureau, an American government institution, in July 2023. The projected annual rate of construction spending for May 2023 stood at $1,925.6 billion, which marked a 0.9% surge from the April 2023 estimate of $1,909.0 billion. Moreover, the May figure was noted to be 2.4% higher than the forecasted $1,880.9 billion from May 2022. Consequently, the flourishing construction and furniture sectors are propelling the growth of the structural wood screws market.

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Which Emerging Trends Are Transforming the Structural Wood Screws Market in 2025?
The rise in technological improvements has been identified as a significant trend influencing the structural wood screws market. Major market players are investing in technological development to retain their market standing. For instance, FastenMaster Inc., an American firm that manufactures structural wood screws, introduced the VersaLOK structural wood screw in January 2023. This heavy-duty screw is suitable for a range of indoor and outdoor wood-to-wood applications. The ultra-versatile VersaLOK merges the installation speed and simplicity of a LOK with the robustness of a 1⁄2 inch lag bolt. The newly launched fastener features a TORX tap drive system for steady, wobble-free installation and a flat head for a flush mount. Moreover, VersaLOK fasteners, designed to ensure maximum strength, include a three-inch aggressive thread that enhances holding force. Besides being IBC/IRC code compliant (ICC-ES ESR-1078), VersaLOK fasteners are ACQ approved and come with FastenMaster's unique Pro-projectLife coating that guarantees durability for the lifespan of the project.

What Are the Key Segments in the Structural Wood Screws Market?
The structural wood screws market covered in this report is segmented -

1) By Type: Carbon Steel, Stainless Steel
2) By Distribution Channels: Online marketplaces, Hardware Stores, Other Distribution Channels
3) By Application: Construction, Furniture And Crafts, Other Applications

Subsegments:
1) By Carbon Steel: Zinc-Plated Carbon Steel, Black Oxide Carbon Steel, Hot-Dipped Galvanized Carbon Steel
2) By Stainless Steel: Type 304 Stainless Steel, Type 316 Stainless Steel

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Who Are the Key Players Shaping the Structural Wood Screws Market's Competitive Landscape?
Major companies operating in the structural wood screws market include Lowes Companies Inc., SFS Group AG, Simpson Strong Tie Co. Inc., Hillman Group Inc., Fischer International, EJOT, FORCH GmbH & Co.KG., primesource building products Inc., KYOCERA SENCO Industrial Tools Inc., Mitek Systems Inc., Dresselhaus, Rothoblaas SRL, Fastenmaster Inc., Kreg Tool Company, SPAX International GmbH & Co. KG, FastCap LLC, Fast-Rite International Inc., Euro Tech Holdings, GRK Fasteners, Schmid Schrauben Hainfeld GmbH, Ford Fasteners Inc., CAMO Fasteners, K.L. Jack & Co., Friulsider S.p.A., TR Fastenings Limited.

What Geographic Markets Are Powering Growth in the Structural Wood Screws Market?
Asia-Pacific was the largest region in the structural wood screws market in 2024. It is expected to be the fastest-growing region in the forecast period. The regions covered in the structural wood screws market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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