United States Millwork Market to Hit USD 18.4 Billion by 2032

NEW YORK - EntSun -- According to the latest market research study published by P&S Intelligence, the U.S. millwork market reached a value of USD 12.5 billion in 2024 and is projected to grow to USD 18.4 billion by 2032, advancing at a CAGR of 5.1% from 2025 to 2032. This robust growth is fueled by surging construction and remodeling activities, alongside substantial government funding through initiatives such as the Infrastructure Investment and Jobs Act (IIJA) and the CHIPS and Science Act.

Key market players, including Builders FirstSource, JELD-WEN, and Woodgrain, are expanding their manufacturing capacities and enhancing distribution networks to meet the rising demand. The preference for premium-quality wood in both new and renovated homes, coupled with the adoption of advanced manufacturing technologies such as CNC machining and 3D modeling, is driving production innovation.

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Key Insights

• Residential customers dominate the market with a 65% share, owing to the popularity of wooden doorways, windows, and flooring that enhance both property design and functionality. Advanced manufacturing techniques, including automated finishing systems, are enabling greater customization and product precision.
• Commercial customers are the fastest-growing category, driven by demand for durable, stylish millwork in offices, retail spaces, and hospitality venues.

Browse detailed report analysis on "U.S. Millwork Market Growth, Development and Forecast Report, 2032 (https://www.psmarketresearch.com/market-analysis/us-millwork-market-report)"

• Doors & windows lead the product segment with a 60% share, as homeowners and builders increasingly opt for insulated designs that meet national energy efficiency standards while offering visual appeal and improved safety.
• Residential applications account for 75% of the market, with growing demand for handcrafted, visually striking interiors and custom millwork.
• The Southern U.S. leads regionally with a 40% market share, benefiting from rapid urban development, population growth, and abundant forest resources in states like Texas, Florida, and Georgia.
• The Western region is the fastest-growing, supported by expanding residential developments and the adoption of innovative construction techniques.
• Prefabricated and modular millwork solutions are emerging as a major trend, enabling faster, more cost-efficient construction with standardized quality. These products are especially popular in hotels, offices, and DIY home improvement projects.
• Construction spending in the U.S. reached USD 2,196.1 billion in March 2025, with private residential projects accounting for USD 937.7 billion. Over 90% of single-family homes are built using wood, highlighting the material's dominance in the housing sector.
• Recent developments include Woodgrain Inc.'s acquisition of Kelleher Corporation in January 2025 and its purchase of JELD-WEN's Towanda, Pennsylvania, plant in December 2024, signaling ongoing consolidation and capacity expansion in the industry.

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