PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1803227
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1803227
The U.S. millwork market is poised for substantial growth, with its value projected to surge from USD 12.5 billion in 2024 to USD 18.4 billion by 2032, advancing at a CAGR of 5.1% during 2025-2032. This upward trend is powered by a robust increase in construction and remodeling activities across the nation. Substantial government investments under the Infrastructure Investment and Jobs Act (IIJA) and the CHIPS and Science Act are further propelling market momentum.
Major industry players, such as Builders FirstSource, JELD-WEN, and Woodgrain, are making significant strides to enhance production capabilities and distribution efficiency. As demand for high-quality wooden elements rises in both new constructions and renovation projects, manufacturers are increasingly adopting CNC machining, 3D modeling, and other advanced technologies to meet the evolving preferences of residential and commercial consumers. In parallel, sustainability initiatives are gaining ground, with many businesses integrating reclaimed and engineered wood into their offerings to meet eco-conscious consumer expectations.
Key Insights
Residential customers dominate the U.S. millwork market, accounting for 65% of the total share. Americans consistently prefer wood-based features like custom doors, windows, and flooring, which add both aesthetic and functional value to their homes.
Commercial customers represent the fastest-growing segment, driven by increasing investments in energy-efficient and secure commercial spaces.
Doors and windows hold the largest share (60%) in the product segment due to their critical role in enhancing insulation, safety, and visual appeal in residential and commercial buildings.
Cabinetry and casework is the fastest-growing product category, benefiting from the rising popularity of customized storage solutions and modern kitchen aesthetics.
Solid wood leads the material segment with a 70% share, favored for its durability, classic visual appeal, and multiple refinishing potential, which enhances long-term value.
Engineered wood is the fastest-growing material type, fueled by its eco-friendliness, affordability, and superior structural stability.
The residential application category captures a commanding 75% market share. The increasing trend of personalized, handcrafted interiors-alongside growing renovation spending-continues to boost demand in this space.
Restoration and historical projects are witnessing the fastest growth, as heritage building revivals demand high-quality, era-specific millwork solutions.
Direct sales constitute 80% of the distribution channel, driven by the dominance of major home improvement retailers like Home Depot and Lowe's offering a broad selection of standardized and customizable products.
Online sales and e-commerce are rapidly growing, catering to the convenience-driven consumer base and DIY home improvement enthusiasts.
Geographically, the Southern U.S. leads the market with a 40% share, fueled by rapid urban development and abundant forest resources in states such as Texas, Florida, and Georgia.
The Western region is expanding the fastest, driven by increasing construction activity and population growth.
The market is highly fragmented, with a mix of large manufacturers and independent artisans delivering diverse millwork products. This structure supports both standardized production and bespoke customization.
Technological innovations such as smart milling systems are enabling the integration of features like electronic locks and sensors into traditional wooden doors, pushing the market further into the smart home segment.
In January 2025, Woodgrain Inc. announced an asset acquisition of Kelleher Corporation, marking a significant step in its strategic expansion efforts.
Similarly, in December 2024, Woodgrain Inc. finalized the purchase of JELD-WEN's Towanda, Pennsylvania, plant, enhancing its production footprint and operational capabilities.