Global Builders Joinery And Carpentry Of Wood Market Size (2024 - 2029)

The builders joinery and carpentry of wood market is experiencing growth driven by increasing demand in both developed and emerging economies. In developed regions, the market benefits from the advantageous properties of wood, while emerging economies are witnessing a surge in demand due to rising disposable incomes and a preference for luxury wood furnishings. Despite challenges such as raw material shortages and the pandemic, the market remains robust, supported by government initiatives and programs aimed at stimulating economic and construction sector growth. This has led to increased investment in production facilities and technologies, contributing to the market's expansion.

Market Size of Global Builders Joinery And Carpentry Of Wood Industry

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Global Builders Joinery And Carpentry Of Wood Market Summary
Study Period 2024-2029
Market Size (2024) USD 76.94 Billion
Market Size (2029) USD 95.65 Billion
CAGR (2024 - 2029) 4.45 %
Fastest Growing Market Asia-Pacific
Largest Market North America

Major Players

Global Builders Joinery And Carpentry Of Wood Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Builders Joinery and Carpentry of Wood Market Analysis

The Global Builders Joinery And Carpentry Of Wood Market size is estimated at USD 76.94 billion in 2024, and is expected to reach USD 95.65 billion by 2029, growing at a CAGR of 4.45% during the forecast period (2024-2029).

  • Due to its advantageous qualities, builders' joinery and carpentry are widely used in developed economies all over the world. Due to the increased disposable income of the populace, particularly in China, Malaysia, and India, emerging economies are also turning their attention to luxury. People in emerging nations are particularly drawn to expensive wood furnishings, windows, doors, and their frames. As a result, there will be a large demand for wood joinery and carpentry from growing economies all over the world.
  • The joinery industry uses wood for various purposes, including flooring, windows, doors, stairs, furniture, and interior fittings. Pine is the usual choice because it can be given a good surface finish, and the heartwood provides natural resistance to rot and insects. Despite the pandemic and problems with the availability of raw materials in the global markets, the joinery industry is performing well.
  • Governments of many countries and the European Union (EU) have launched several programs to support and stimulate the development of the global economy, including the construction industry and environmental protection (e.g., the EU Green Deal).
  • Such actions have stimulated demand for construction materials, resulting in increased sales of joinery and the visible activity of companies in the sector to invest in new production facilities and technologies. The global joinery industry has had a period of paradoxical turbulence and turnarounds.
  • Rising demand for building materials and a temporary lack of raw materials for their production has caused prices to rise but has not reduced the level of joinery sales. European and local projects, which will soon enter the implementation period, may further accelerate growth trends in the construction industry.

Builders Joinery and Carpentry of Wood Industry Segmentation

Carpentry and joinery are both construction trades. In its simplest and most traditional sense, joiners ‘join’ wood in a workshop, whereas carpenters construct the building elements on-site.

The global builders joinery and carpentry of wood market is segmented by type (cellular wood panels, windows, assembled parquet panels, doors, and other types), by application (furniture, building, and other applications), and by geography (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa). 

The report offers the market size for the global builders' joinery. The report offers market size for global builders' joinery and carpentry of wood market in value (USD) for all the above segments.

By Type
Cellular Wood Panels
Windows
Assembled Parquet Panels
Doors
Other Types
By Application
Furniture
Building
Other Applications
By Geography
North America
United States
Canada
Rest of North America
Latin America
Brazil
Colombia
Argentina
Rest of Latin America
Europe
Germany
United Kingdom
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Middle East & Africa
Iran
Saudi Arabia
Israel
Rest of Middle East & Africa
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Global Builders Joinery And Carpentry Of Wood Market Size Summary

The global builders joinery and carpentry of wood market is poised for significant growth, driven by increasing demand in both developed and emerging economies. The sector benefits from the rising disposable incomes in countries like China, Malaysia, and India, where there is a growing preference for luxury wood furnishings. The industry utilizes wood for various applications, including flooring, windows, doors, and furniture, with pine being a popular choice due to its durability and aesthetic appeal. Despite challenges such as the pandemic and raw material shortages, the market has shown resilience, supported by government initiatives and environmental programs like the EU Green Deal, which have spurred demand for construction materials. This has led to increased investments in production facilities and technologies, further propelling the market's expansion.

The joinery sector's growth is closely linked to the construction industry, with rising urbanization in developing countries driving demand for residential properties. The Asia Pacific region, in particular, is experiencing a construction boom due to economic expansion and population growth. In the Middle East and Africa, rapid growth is anticipated from industrial, commercial, and residential projects. Meanwhile, Europe's market is seeing steady growth from renovation projects. The home improvement services market, particularly in North America, is also contributing to the demand for joinery and carpentry, as homeowners invest in interior renovations despite rising costs. The market is moderately competitive, with companies like Masonite International Corporation and JELD-WEN Holding, Inc. leading the way in technological advancements and strategic acquisitions to maintain their competitive edge.

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Global Builders Joinery And Carpentry Of Wood Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Current Market Scenario

    2. 1.2 Government regulations and initiatives

    3. 1.3 Insights on upcoming projects in joinery and carpentry market

    4. 1.4 Technological Trends

    5. 1.5 Impact of COVID-19 on Global Builders Joinery and Carpentry Of Wood Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Type

      1. 2.1.1 Cellular Wood Panels

      2. 2.1.2 Windows

      3. 2.1.3 Assembled Parquet Panels

      4. 2.1.4 Doors

      5. 2.1.5 Other Types

    2. 2.2 By Application

      1. 2.2.1 Furniture

      2. 2.2.2 Building

      3. 2.2.3 Other Applications

    3. 2.3 By Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

        3. 2.3.1.3 Rest of North America

      2. 2.3.2 Latin America

        1. 2.3.2.1 Brazil

        2. 2.3.2.2 Colombia

        3. 2.3.2.3 Argentina

        4. 2.3.2.4 Rest of Latin America

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 United Kingdom

        3. 2.3.3.3 France

        4. 2.3.3.4 Rest of Europe

      4. 2.3.4 Asia Pacific

        1. 2.3.4.1 China

        2. 2.3.4.2 Japan

        3. 2.3.4.3 India

        4. 2.3.4.4 Rest of Asia Pacific

      5. 2.3.5 Middle East & Africa

        1. 2.3.5.1 Iran

        2. 2.3.5.2 Saudi Arabia

        3. 2.3.5.3 Israel

        4. 2.3.5.4 Rest of Middle East & Africa

Global Builders Joinery And Carpentry Of Wood Market Size FAQs

The Global Builders Joinery And Carpentry Of Wood Market size is expected to reach USD 76.94 billion in 2024 and grow at a CAGR of 4.45% to reach USD 95.65 billion by 2029.

In 2024, the Global Builders Joinery And Carpentry Of Wood Market size is expected to reach USD 76.94 billion.

Builders Joinery and Carpentry of Wood Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)