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Builders' Joinery And Carpentry Of Wood Market By Product Type (Cellular Wood Panels, Windows, French Windows And Their Frames, Assembled Parquet Panels, Doors And Their Frames And Thresholds, Shingles And Shakes) - Growth, Share, Opportunities, Competitive Analysis And Forecast To 2016 - 2023

For centuries, the unique comparative and characteristic abundance of wood has made it a natural material for homes and other architectural structures, tools, furniture, decorative objects, and vehicles. Today, the same wood is prized for a wide range of uses in various end-user markets.

Wood is composed of lignin, cellulose, hemicelluloses, and a low amount of extraneous materials, which are contained in the cellular structure. Variations in the volume and characteristics of these components and disparity in the cellular structure tend to make wood light or heavy, flexible or stiff, and soft or hard. However, the use of wood to its best advantage, mostly in engineering applications, is a major concern because of its physical properties or special characteristics.

Growing populations worldwide have become the major factor responsible for increasing industrialization. The basic needs of human life have been rising with increased population growth worldwide. The growth in the worldwide population is driving growth in many industries, one of which is the building and construction industry.

Builders' joinery and carpentry, due to their beneficial properties, have been used on a large scale in developed economies worldwide. Emerging economies, too, are shifting their attention toward luxury due to the rising disposable incomes of the population, mostly in China, Malaysia, and India. Luxurious wood furniture, windows, doors, and frames are the major segments that attract people in emerging economies. Hence, high demand is expected for builders' joinery and carpentry of wood from emerging economies worldwide.

Cellular wood panels are the largest product segment in the global builders' joinery and carpentry of wood market. In 2015, the segment accounted for a 14.2% share of the market by value in the global builders' joinery and carpentry of wood market. Whereas the shingles and shakes product segment is projected to be the fastest-growing segment over the forecast period. It is projected to grow at a CAGR of 2.0% from 2016 to 2023.

In 2015, Europe accounted for more than 30% of the total demand. North America is the second-largest market, followed by Asia-Pacific. Asia Pacific is projected to be the fastest-growing market over the forecast period. Changing lifestyles, a rise in disposable income, and rapid urbanization are the factors contributing to market growth. The Rest of the World (RoW) builders' joinery and carpentry market remained flat almost through 2012–2014 but is now showing promising signs. 

The report titled "Global Builders' Joinery and Carpentry of Wood Market: Growth, Future Prospects, and Competitive Analysis, 2016–2023" offers strategic insights into the global Builders' Joinery and Carpentry of Wood market, along with the market size and estimates for the duration 2013–2023. The said research study covers an in-depth analysis of multiple market segments based on applications and a cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2015 and 2023. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities.

In order to help the strategic decision makers, the report also includes profiles of the leading builders' joinery and carpentry wood manufacturers, along with their product portfolios and key developments. The major players profiled in the report are Meer End Staircases & Joinery, Medina Joinery, Stairways Midlands Ltd., Super Bebris, and SIA BYKO-LAT, among others. Further, the report also covers the market positioning of the key players operating in the builders' joinery and carpentry of wood market.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the builders' joinery and carpentry wood industry
  • Market fuelers, market impediments, and their impact on market growth
  • in-depth competitive environment analysis
  • Trailing 2-year market size data (2013–2014)
  • SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global builders' joinery and carpentry of wood market, offering market size and estimates for the period from 2016 to 2023, keeping in mind the above-mentioned factors.

The global builders' joinery and carpentry of wood market can be categorized on the basis of applications as follows:

  • Cellular wood panels
  • Windows, French windows, and their frames
  • Assembled parquet panels
  • Doors and their frames and thresholds
  • Shingles and shakes
  • Others (blocks, strips, friezes, and among others)

In 2015, cellular wood panels, doors, and their frames and thresholds together accounted for more than 50% of the global market. Both of these segments are projected to maintain their dominance over the forecast period of 2016 to 2023. However, in the future, the shingles and shakes segment is projected to be the fastest-growing product segment. The shingles and shakes product is projected to grow at a CAGR of 3.0% from 2016 to 2023.

Assembled parquet panels are another attractive product segment in the global builders' joinery and carpentry of wood market. In 2015, the segment accounted for 19.3% of the value share of the global builders' joinery and carpentry of wood market.

On the basis of geography, the global builders' joinery and carpentry of wood market are segmented as per the following regions and countries:

  • North America
  • U.S.
  • rest of North America
  • Europe
  • EU7
  • CIS
  • Rest of Europe
  • Asia Pacific
  • Japan
  • China
  • Rest of Asia Pacific
  • Rest of the World (RoW)
  • Middle East and Africa
  • Latin America

In 2015, Europe and North America together accounted for more than 60% of the global market. Europe is the largest market and is projected to maintain its dominance during the forecast period of 2016–2023. North America is the second-largest market, followed by Asia-Pacific. Asia Pacific is projected to be the fastest-growing market over the forecast period. Changing lifestyles, a rise in disposable income, and rapid urbanization are the factors contributing to market growth. The Rest of the World (RoW) builders' joinery and carpentry market remained flat almost through 2012–2014 but is now showing promising signs.

Builders' joinery and carpentry wood markets recovered rapidly compared to the previous year in the U.S., but European markets declined in 2013. Asian exporters seem to be the sole beneficiaries of the growing demand in the U.S. as the demand concentrates on the more economical products. The European markets are mainly supplied by European producers.

Frequently Asked Questions:

The market for Builders' Joinery And Carpentry Of Wood Market is expected to reach US$ 26.3 Bn By 2023.

The Builders' Joinery And Carpentry Of Wood Market is expected to see significant CAGR growth over the coming years, at 2.4%.

The report is forecasted from 2016 – 2023.

The base year of this report is 2015.

Meer End Staircases & Joinery, Medina Joinery, Stairways Midlands Ltd., Super Bebris, BaltveideLtd, are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Oct 2016
Category:  Consumer Goods
Report ID:   58125
Report Format:   PDF
Pages:   120
Rating:    4.3 (60)
Delivery Time: 24 Hours to 48 Hours   
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