Driving Builders Joinery And Carpentry Of Wood Market Growth in 2025: The Role of Rising Construction Activity Fuels Growth in Builder's Joinery And Carpentry Of The Wood Market

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Builders Joinery And Carpentry Of Wood Market Size Growth Forecast: What to Expect by 2025?
In recent times, the market size for builders joinery and carpentry of wood has experienced consistent growth. Expected to increase from $72.56 billion in 2024 to $76.07 billion in 2025, it boasts a compound annual growth rate (CAGR) of 4.8%. Factors that contributed to this growth during the historic period include enhanced export promotion and trade agreements, government endorsement of vocational training and apprenticeship initiatives, tax benefits for sustainable measures, consciousness towards preservation of cultural and architectural heritage, and an increase in disposable income and home ownership.

How Will the Builders Joinery And Carpentry Of Wood Market Size Evolve and Grow by 2029?
The market for builders joinery and carpentry of wood is anticipated to experience significant growth over the next few years, expanding to $93.54 billion in 2029 with a compound annual growth rate (CAGR) of 5.3%. The anticipated growth in this period is due to factors such as increased funds for research and development, escalated green building initiatives, growing interest in luxury, developing economies, and increased renovation and remodeling activities in both residential and commercial sectors. Key trends to watch over the forecast period include the automation of production processes, progression in custom woodwork, incorporation of smart technology, advancements in wood finishing techniques, and the introduction of 3D printing into joinery.

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What Drivers Are Propelling the Growth of Builders Joinery And Carpentry Of Wood Market Forward?
The boost in construction activity is anticipated to stimulate the expansion of the builders joinery and carpentry of wood market. Factors such as climatic changes, the need for decreased material use, issues related to water availability, and a growing population impact the progression of construction activities. In construction, builders' joinery and carpentry of wood play a crucial role in creating and fixing structural and ornamental wooden elements, assuring both practicality and visual charm in the architecture. For example, in August 2024, data from the US Census Bureau, a government institution in the US, noted that the value of construction activities in June 2024 amounted to around $2,148.4 billion, indicating a 6.2% rise compared to the June 2023 value of $2,023.0 billion. Hence, the surge in construction activities is fueling the expansion of the builders joinery and carpentry of wood market.

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What Trends Will Shape the Builders Joinery And Carpentry Of Wood Market Through 2029 and Beyond?
Key players in the builders joinery and wood carpentry market are gearing up their innovation efforts, developing advanced products like battery-operated, cordless planers for carpenters and remodelers. These tools, lightweight and compact, enhance the accuracy and productivity of woodwork, making them perfect for on-site construction and carpentry. The advantage of these battery-operated, cordless planers lies in their high portability and their independence of a power source, allowing for convenient leveling and smoothing of wood surfaces. For example, Milwaukee Tool, an American company renowned for its high-quality power tools and accessories, introduced the M12 Brushless 2 Planer to their M12 System in January 2023. It is engineered for finish carpenters and remodelers and is efficient in planning and scribing both soft and hard wood. Notably, the tool sports a 2 wide shoe for common tasks like door scribing and can eliminate up to 5/64' within a single pass, ensuring a seamless finish. The planer also offers 21 depth settings for precise cuts, thereby making it a handy tool for a range of woodworking tasks.

What Are the Key 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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Who Are the Key Players Shaping the Builders Joinery And Carpentry Of Wood Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth in the Builders Joinery And Carpentry Of Wood Market?
North America was the largest region in the builders joinery and carpentry of wood market in 2024. 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.

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