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 Millwork Industry Statistics 2026 (USA)

 

The US millwork industry is estimated at $36.1 billion in 2026, and it is shrinking: revenue is expected to fall about 0.4% this year, and employment has dropped about 6% since 2022. This page collects the key numbers on market size, state results, jobs, production and tariffs, with the publisher and date beside each stat.

Key Takeaways: Millwork in the US at a Glance

# Stat Source
1 US millwork industry revenue is estimated at $36.1 billion in 2026. IBISWorld, Jun 2026
2 Revenue is expected to fall by 0.4% in 2026. IBISWorld, Jun 2026
3 Revenue has declined at a 2.6% CAGR over 2021–2026. IBISWorld, Jun 2026
4 Minnesota is the largest state at $3.3 billion in 2026. IBISWorld, Mar 2026
5 Minnesota alone is about 9.1% of national revenue (calculated). Calculated
6 The five states profiled here make up about 22% of national revenue (calculated). Calculated
7 Imports are a moderate share of industry revenue; exports are low. IBISWorld, Jun 2026
8 US millwork manufacturing employed 107.3 thousand people in 2025, down from 114.5 thousand in 2022. US Bureau of Labor Statistics, Jun 2026
9 The Federal Reserve’s millwork production index was about 5.3% lower in Q3 2026 than in Q3 2025 (calculated). Federal Reserve, Oct 2026

How big is the US millwork market in 2026?

The US millwork industry is estimated at $36.1 billion in 2026, down about 0.4% from the year before.

Metric Value Publisher Date Source URL Status
Market size, 2026 $36.1 billion IBISWorld Jun 2026 ibisworld.com/united-states/market-research-reports/millwork-industry/ Verify vs Census
Annual growth, 2026 −0.4% IBISWorld Jun 2026 same as above Verify vs Census
5-year CAGR, 2021–2026 −2.6% IBISWorld Jun 2026 same as above Verify vs Census
Implied 2025 revenue ~$36.3 billion Calculated Oct 2026 from $36.1bn and −0.4% Calculated
Implied 2021 revenue ~$41.2 billion Calculated Oct 2026 from $36.1bn and −2.6% CAGR Calculated

Estimates differ by source. Most IBISWorld pages show $36.1 billion for 2026, while one market-size page shows $38.5 billion (−0.3% growth, −1.4% five-year CAGR). This page uses $36.1 billion from IBISWorld’s June 2026 industry report.

What counts as the millwork industry?

The industry (NAICS 32191) makes hardwood and softwood cut stock and dimension stock, wood windows and doors, and other millwork such as wood flooring. Buyers are mainly housing and building construction companies, their contractors, and wood product distributors.

Which states earn the most from millwork?

Minnesota leads the states profiled here at $3.3 billion, roughly 10 times Kansas.

State 2026 revenue Share of US total (calculated) Businesses Employees
Minnesota $3.3 billion ~9.1% 252 7,624
Pennsylvania $1.7 billion ~4.7% 538 5,160
Indiana $1.5 billion ~4.2% 350 4,972
Ohio $1.1 billion ~3.0% 390 3,094
Kansas $331.6 million ~0.9% 48 609

Source: IBISWorld state industry reports, updated Mar 2026. Shares are our calculation using the $36.1bn national figure. Not a full ranking of all states.

How big is the average millwork business by state?

This is our own comparison, built by dividing each state’s revenue by its business and employee counts. The numbers are approximate because the revenue figures are rounded.

State Revenue per business Revenue per employee Employees per business
Minnesota ~$13.1 million ~$433,000 ~30
Kansas ~$6.9 million ~$544,000 ~13
Indiana ~$4.3 million ~$302,000 ~14
Pennsylvania ~$3.2 million ~$329,000 ~10
Ohio ~$2.8 million ~$356,000 ~8

Minnesota’s businesses are by far the biggest, at more than four times the revenue per business of Pennsylvania, Indiana, or Ohio. Kansas earns the most per worker, but with only 48 businesses, it is a small sample.

Is the millwork industry growing or shrinking by state?

All five states are shrinking in revenue, but business counts and headcount are roughly flat or slightly up.

State Revenue growth, 2021–2026 (annual avg.) Business count trend Employee trend
Minnesota −0.8% +1.1% a year +0.1% a year
Kansas −0.8% +0.9% a year +1.7% a year
Ohio −0.8% +0.2% a year +0.1% a year
Indiana −0.6% −0.1% a year +0.1% a year
Pennsylvania −1.1% 0.0% a year +0.1% a year

Source: IBISWorld state industry reports, Mar 2026.

How many people work in US millwork manufacturing?

US millwork manufacturing employed 107.3 thousand people in 2025, about 6% fewer than the 2022 peak of 114.5 thousand (calculated).

Year Employment (thousand jobs) Change from prior year
2025 107.3 −2.5%
2024 110.0 −2.0%
2023 112.2 −2.0%
2022 114.5 +5.3%
2021 108.7 +5.9%

Source: US Bureau of Labor Statistics, Industry Productivity (millwork, NAICS 32191), via FRED, updated 3 Jun 2026: fred.stlouisfed.org/series/IPUEN32191W200000000

Is US millwork production falling in 2026?

Yes. The Federal Reserve’s millwork production index was 95.5 in Q3 2026, about 5.3% below Q3 2025 (calculated).

Quarter Production index (2017 = 100)
Q3 2026 95.47
Q2 2026 95.39
Q1 2026 93.05
Q4 2025 94.63
Q3 2025 100.81

Source: Federal Reserve, Industrial Production (millwork, NAICS 32191), via FRED, updated 16 Oct 2026: fred.stlouisfed.org/series/IPG32191SQ

Do tariffs affect US millwork?

Yes, mainly through imports. IBISWorld says imports are a moderate share of industry revenue, so import tariffs are likely to affect the industry. Exports make up a small share, so export tariffs are unlikely to matter much.

Sources and methodology

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