Woodworking Industry Trends

Find industry analysis statistics trends data and forecasts on wood product manufacturing in the us from ibisworld.

Woodworking industry trends. The primary area of growth expected for wood carvers in the next 5 year period is in the furniture segment of the industry. Furniture market grew by 4 5 giving it a total value of 114 billion. Based on the end user industry the market is divided into furniture industry and construction industry. The market for the wood working is growing significantly owing to the growing demand for the engineered wood and the wooden furniture.

Koenig has more than 30 years of experience in the woodworking industry including visits to wood products manufacturing facilities throughout north america europe and asia. In 2016 the u s. Consumer spending grew by 2 9 within this segment despite the fact that overall. Banks consultants sales marketing teams accountants and students all find value in ibisworld.

Wood industry comprises companies that operate by creating manufacturing and producing wood products such as plywood wood plastic composites and plastic lumber. Sign up for woodworking network newsletters. Get up to speed on any industry with comprehensive intelligence that is easy to read. The top three emerging trends driving the global woodworking machines market according to technavio heavy industry research analysts are.

Koenig has more than 30 years of experience in the woodworking industry including visits to wood products. Woodworking network brings you the latest custom wood products cabinetry and manufacturing news and trends for commercial and residential woodworkers. The usda report u s. Wood carving industry trends and analysis.

Wood demand is determined by the level of activity in end use industries such as building construction and the crash of the housing market that takes a toll on the wood industry. Automation in woodworking machinery increase in demand for. Forest resource facts and historical trends 2014.