Comunicati Stampa
Industria

Builders Joinery and Carpentry of Wood Market: Unlocking Growth Secrets, Trends and Developments [2028]

the Global Builders Joinery and Carpentry of Wood Market was valued at USD 4.08 billion in 2022 and is anticipated to grow at a CAGR of 6.19% during the forecast period.
Manhattan , (informazione.it - comunicati stampa - industria)

Industry Overview

According to TechSci Research's report, “Builders Joinery and Carpentry of Wood Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Builders Joinery and Carpentry of Wood Market was valued at USD 4.08 billion in 2022 and is anticipated to grow at a CAGR of 6.19% during the forecast period. This growth trajectory is fueled by several key factors, including the rising demand for sustainable building materials, increased customization and interior design preferences, and technological advancements in woodwork.

Drivers of Market Growth

Sustainability and Environmental Considerations

One of the significant drivers propelling the Builders Joinery and Carpentry of Wood market is the increasing demand for sustainable building materials. In an era marked by heightened environmental awareness and a commitment to reducing the carbon footprint of construction projects, wood has emerged as a preferred choice due to its eco-friendly attributes. Wood is a renewable and biodegradable resource, and responsible forestry practices ensure its sustainability.

 

 

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Builders Joinery and Carpentry of Wood Market.” 

 

Governments and businesses worldwide prioritize sustainability goals and stringent environmental regulations, further enhancing the appeal of wood as a building material. Builders and architects recognize the importance of using materials that minimize environmental impact. The demand for eco-friendly structures, combined with the aesthetic appeal of wood, fuels the growth of the joinery and carpentry market. Wooden doors, windows, flooring, and decorative elements not only contribute to green building certifications but also provide a natural and warm ambiance, meeting the preferences of environmentally conscious consumers.

 

Customization and Interior Design Trends

The increasing emphasis on customization and interior design is another key driver of the Builders Joinery and Carpentry of Wood market. Today's consumers, whether homeowners or commercial property owners, seek personalized and aesthetically pleasing spaces that reflect their unique preferences and needs. Wood, with its versatility and adaptability, plays a pivotal role in meeting these demands.

 

Wooden joinery and carpentry services offer the flexibility to create tailor-made solutions for interiors. From intricate cabinetry designs to bespoke wooden furniture, the ability to customize wood products allows architects, designers, and homeowners to bring their creative visions to life. This trend aligns with the growing interest in individualism and the desire for unique living and working spaces. In the commercial sector, businesses recognize the importance of creating distinctive interiors to stand out in competitive markets. Retail stores, restaurants, hotels, and office spaces utilize wooden joinery to craft unique atmospheres that leave a lasting impression on customers and clients. Customized woodwork serves as a branding tool, enhancing the overall customer experience.

 

Technological Advancements

Advancements in technology, such as computer-aided design (CAD) software and CNC machinery, have made it easier and more cost-effective to execute complex woodwork designs accurately. These technologies enhance precision, reduce waste, and lower production costs, making customized woodwork more accessible and affordable. As the demand for tailored interiors continues to rise, the Builders Joinery and Carpentry of Wood market is poised to thrive, driven by the pursuit of creativity and individuality in construction and interior design projects.

 

Emerging Trends in the Market

Smart Woodworking Solutions

The integration of smart technologies in woodworking processes is an emerging trend. This includes the use of automated machinery, IoT-enabled devices for monitoring and controlling production, and software solutions for optimizing design and manufacturing processes. These innovations are improving efficiency, reducing waste, and enhancing the quality of wood products.

 

Sustainable Forestry Practices

There is a growing emphasis on sustainable forestry practices, driven by increasing awareness of environmental conservation and the need to protect natural resources. Certification programs like the Forest Stewardship Council (FSC) are gaining prominence, encouraging responsible sourcing of wood. Consumers and businesses are increasingly seeking certified wood products, which ensures the sustainability of the supply chain.

 

Rising Popularity of Engineered Wood Products

Engineered wood products, such as plywood, laminated veneer lumber (LVL), and cross-laminated timber (CLT), are gaining popularity due to their superior strength, durability, and environmental benefits. These products are made by bonding together layers of wood, resulting in a material that is stronger and more stable than traditional wood. They are being increasingly used in construction projects, from residential homes to large commercial buildings.

 

Market Segmentation

The Global Builders Joinery and Carpentry of Wood Market is segmented into type, application, and region.

By Type

Doors

The Doors segment had the largest market share in 2022 and is expected to maintain it in the forecast period. Doors are an integral part of any building, serving essential functions such as providing security, privacy, and access control. Every structure, whether residential or commercial, requires doors for entryways, rooms, and interior spaces. This inherent need for doors ensures a consistent and substantial demand in the market.

 

Wooden doors offer a wide range of design possibilities. They can be crafted to match various architectural styles, from classic and traditional to modern and contemporary. This versatility allows builders and homeowners to choose doors that harmonize with the overall aesthetics of the property, making wood an attractive choice. Additionally, wooden doors can be highly customized to meet specific requirements. This includes tailoring the size, shape, color, finish, and even the type of wood used in the door's construction. Customization options cater to the growing demand for personalized and unique interior and exterior designs.

 

Wood, when properly treated and maintained, is a durable material. Wooden doors are known for their longevity and resistance to wear and tear. This durability ensures that wood remains a reliable choice for doors in both residential and commercial settings. Moreover, wood provides effective thermal and acoustic insulation, enhancing the comfort and energy efficiency of buildings.

 

By Application

Building

The Building segment had the largest market share in 2022 and is projected to experience rapid growth during the forecast period. The "Building" or "Construction" application dominates the global Builders Joinery and Carpentry of Wood market for several compelling reasons.

Construction is a foundational industry, and wood plays a pivotal role in the construction of residential, commercial, and industrial buildings. Every structure, regardless of its purpose, requires various wooden components and joinery for functionality and aesthetics. Wood offers exceptional versatility and customization options for construction applications. Builders and architects can utilize wood for a wide range of purposes, including framing, flooring, roofing, doors, windows, stairs, paneling, and decorative details. The ability to tailor wooden materials to meet specific design and functional requirements makes wood a preferred choice for construction professionals.

Wood is renowned for its natural beauty, warmth, and timeless appeal. It can be used to create inviting interiors, visually striking facades, and architectural details that enhance the aesthetics of buildings. Wooden joinery and carpentry contribute to the character and charm of structures, making them more appealing to homeowners, businesses, and investors. In an era marked by sustainability concerns and environmental consciousness, wood stands out as an eco-friendly building material. It is renewable, biodegradable, and can be sourced responsibly through sustainable forestry practices. Many construction projects prioritize the use of certified sustainable wood products to meet green building certifications and comply with environmental regulations.

 

Industry Key Highlights

  • The Global Builders Joinery and Carpentry of Wood Market was valued at USD 4.08 billion in 2022.
  • The market is expected to grow at a CAGR of 6.19% from 2023 to 2028.
  • Sustainability and customization are key drivers of market growth.
  • Technological advancements in woodworking are enhancing production efficiency and product quality.
  • The Doors segment is the largest market segment by type.
  • The Building segment is the largest market segment by application.
  • Emerging trends include smart woodworking solutions, sustainable forestry practices, and the rising popularity of engineered wood products.

 

Competitive AnalysisTop 10 Companies in Builders Joinery and Carpentry of Wood

Here is the information about the companies you asked for:

  1. Weyerhaeuser
    • Founded: 1900
    • Headquarters: Seattle, Washington, U.S.
    • Weyerhaeuser is a global company that designs, manufactures, and services elevators, escalators, and moving walkways.
  2. Stora Enso Oyj
    • Founded: 1998
    • Headquarters: Helsinki, Finland
    • About: Stora Enso Oyj is a Finnish and Swedish forest industry company. It develops and produces various materials, mostly based on wood, for a range of industries and applications worldwide.
  3. Metsa Group
    • Founded: 1934
    • Headquarters: Espoo, Finland
    • About: Metsa Group is an international operator in sustainable bioeconomy. They are a significant forest industry company with strong roots in the Finnish forests.
  4. UPM Switchboard
    • Founded: 1883
    • Headquarters: Helsinki, Finland
    • About: UPM Switchboard is a global company that designs, manufactures, and services elevators, escalators, and moving walkways.
  5. Simpson Strong Tie Co., Inc.
    • Founded: 1956
    • Headquarters: Pleasanton, California, U.S.
    • Simpson Strong Tie Co., Inc. is a global company that designs, manufactures, and services elevators, escalators, and moving walkways.
  6. Georgia-Pacific LLC
    • Founded: 1927
    • Headquarters: Atlanta, Georgia, U.S.
    • Georgia-Pacific LLC is an American pulp and paper company based in Atlanta, Georgia, and is one of the world’s largest manufacturers and distributors of tissue, pulp, paper, toilet and paper towel dispensers, packaging, building products, and related chemicals.
  7. Carpenter Co.
    • Founded: 1948
    • Headquarters: Richmond, Virginia, U.S.
    • Carpenter Co., formerly ER Carpenter, manufactures polyurethane foam used in comfort cushioning.
  8. Huber Engineered Woods, LLC
    • Founded: 1883
    • Headquarters: Charlotte, North Carolina, U.S.
    • Huber Engineered Woods LLC is a subsidiary of J. M. Huber Corporation, which offers distribution services for a variety of engineered materials and provides technology-based solutions.
  9. Pfleiderer Leutkirch GmbH
    • Founded: 1955
    • Headquarters: Leutkirch im Allgäu, Germany 
    • About: Pfleiderer Leutkirch GmbH was, until 1983, an independent, wood-based materials manufacturing company in Leutkirch im Allgäu in the district of Ravensburg. Since 2013, the company has been part of the Pfleiderer Group.

 

Recent Developments

  • December 2023: Masonite International Corporation (Masonite), a global leader in the design, manufacturing, marketing, and distribution of interior and exterior doors, premium door systems, and patio door solutions, announced an agreement to purchase PGT Innovations (PGT). The transaction was valued at approximately USD 3 billion and involved the sale of PGT Innovations to Masonite in exchange for cash and Masonite shares. PGT Innovations is a leading manufacturer of patio doors and premium window solutions, recognized for its leadership in technologically advanced products for impact-rated glass applications.
  • January 2023: Masonite International Corp. announced the acquisition of Endura Products, Inc. The financing for the Endura acquisition was secured using proceeds from Masonite International Corp.'s recently announced senior secured term loan of USD 250 million.

Download Free Sample Report

Customers can also request for 10% free customization on this report. 

 

Related Reports-

 

India Industrial Valves Market

India Facility Management Market 

India Roads and Highways Sector 

 

Per maggiori informazioni
Ufficio Stampa
Kumar Satyam
 Techsci Research (Leggi tutti i comunicati)

satyamtechsci@gmail.com
Allegati
Non disponibili