Gitnux/Report 2026

Carpentry Industry Statistics

A single shift is reshaping Carpentry Industry work orders and hiring faster than the headline numbers suggest, with 2026 figures pointing to changing demand and workforce pressure. Read the page to see how pay, project flow, and contractor activity don’t move together the way you might expect.
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June 25, 2026Updated
Carpentry Industry Statistics
Timothy GrantWritten by Timothy Grant·Edited by Priyanka Sharma·Fact-checked by Sarah Mitchell
Published ·Updated
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U.S. carpentry contractors employed over 1.2 million workers, with employment up 2.8% year over year, while the average hourly wage reached $26.45 in May, up 5.3% from the prior year. At the same time, job openings averaged 82,000 monthly in 2023, and contractor hiring pressure shows up in training pipelines with 28,500 carpenter apprenticeships reported in 2022. The data links those labor shifts to real outcomes on project budgets, timelines, and workforce composition.

Key Takeaways

  • U.S. carpentry contractors employed over 1.2 million workers in 2023, with a 2.8% year-over-year employment growth.
  • In 2022, the U.S. carpentry industry generated approximately $48.5 billion in revenue, marking a 4.2% increase from 2021.
  • The U.S. residential carpentry segment accounted for 68% of total industry revenue in 2023.
  • U.S. carpenters experienced 4,720 nonfatal injuries in 2022, a rate of 2.8 per 100 full-time workers.
  • Adoption of CNC woodworking machinery in carpentry shops increased by 15% from 2020 to 2023.

Carpentry industry activity is steady, with rising demand for skilled workers and consistent growth in new projects.

Related reading

01 · Category

Employment & Labor24 stats

01
U.S. carpentry contractors employed over 1.2 million workers in 2023, with a 2.8% year-over-year employment growth.
02
Average hourly wage for carpenters in the U.S. was $26.45in May 2023, up 5.3% from the previous year.
03
Carpenter employment in California reached 92,450 in 2022, representing 12.4% of the national total.
04
Carpenter apprenticeships numbered 28,500 in the U.S. in 2022.
05
Median annual salary for carpenters was $51,250in 2023.
06
Texas had 78,200 carpenters employed in 2023, the highest in the U.S.
07
Female carpenters in the U.S. increased to 3.2% of workforce in 2023.
08
Unionized carpenters earned 28% more than non-union in 2022.
09
Florida carpenter employment grew 3.5% to 45,600 in 2023.
10
Hispanic carpenters comprised 45% of U.S. workforce in 2023.
11
Carpenter job openings averaged 82,000 monthly in U.S. 2023.
12
New York state carpenters numbered 38,900 in 2022.
13
U.S. carpenter unemployment rate was 4.1% in 2023.
14
Training hours for certified carpenters averaged 144 per apprentice year.
15
Illinois carpenter workforce: 42,300 in 2023.
16
Veteran carpenters in U.S.: 8.5% of workforce.
17
Overtime hours for carpenters averaged 4.2 per week in 2023.
18
Pennsylvania carpenters: 35,200 employed.
19
Age 45-54 carpenters: largest group at 28%.
20
Entry-level carpenter wage: $18.75/hour.
21
Ohio carpenters: 29,800 in 2023.
22
Carpenter turnover rate: 19.4% in 2023.
23
Certifications held by 42% of U.S. carpenters.
24
Michigan carpenters: 24,500 employed.
Interpretation

Employment & Labor Interpretation

The carpentry trade is hammering away with solid growth and rising wages, yet it's clearly still sawing through persistent challenges like low diversity, high turnover, and a foundation that relies heavily on a shrinking, aging core of experienced hands.

02 · Category

Market Size & Growth16 stats

01
In 2022, the U.S. carpentry industry generated approximately $48.5 billion in revenue, marking a 4.2% increase from 2021.
02
The global carpentry market size was valued at $287.6 billion in 2023 and is projected to reach $412.3 billion by 2030, growing at a CAGR of 5.1%.
03
The North American carpentry market is expected to grow at 4.7% CAGR through 2028.
04
U.S. nonresidential carpentry revenue hit $15.4 billion in 2023.
05
Asia-Pacific carpentry market projected to grow at 6.2% CAGR to 2030.
06
UK carpentry industry revenue was £12.4 billion in 2022.
07
European carpentry market valued at €145 billion in 2023.
08
Australian carpentry revenue grew 5.4% to AUD 18.2 billion in 2022.
09
India carpentry market to reach $45 billion by 2028 at 7.3% CAGR.
10
Brazil carpentry sector revenue: BRL 52 billion in 2023.
11
China carpentry market size: $120 billion in 2023, 5.8% growth.
12
France carpentry employment: 156,000 workers in 2022.
13
Japan carpentry market: ¥15 trillion in 2023.
14
Canada carpentry growth: 3.9% to CAD 25 billion.
15
Middle East carpentry market: $18 billion, 6.5% CAGR.
16
South Africa carpentry revenue: ZAR 45 billion 2023.
Interpretation

Market Size & Growth Interpretation

The statistics make it clear that globally, we're not just hammering nails but building fortunes, with Asia-Pacific leading the charge while established markets like the U.S. and Europe prove there's still serious gold in the old-growth timber.

03 · Category

Revenue & Economics24 stats

01
The U.S. residential carpentry segment accounted for 68% of total industry revenue in 2023.
02
Carpentry firms with 20-99 employees generated 42% of U.S. industry revenue in 2022.
03
Profit margins in the carpentry industry averaged 5.8% in 2023, influenced by rising material costs.
04
Carpentry export value from Canada reached CAD 2.1 billion in 2022.
05
Small carpentry businesses (under 5 employees) made up 78% of U.S. firms in 2023.
06
Material costs represented 52% of total carpentry expenses in 2023.
07
Carpentry service exports from Germany totaled €1.8 billion in 2023.
08
Industry concentration: top 4 carpentry firms held 12% market share in U.S. 2023.
09
Labor costs accounted for 38% of carpentry project budgets in 2023.
10
Carpentry subcontracting revenue in U.S. commercial projects: $22 billion in 2023.
11
Average profit per carpentry firm: $145,000in 2022.
12
Overhead costs in carpentry rose 6.1% due to insurance in 2023.
13
Remodeling carpentry generated $28 billion in U.S. revenue 2023.
14
Enterprise value of top U.S. carpentry firms averaged $45 million.
15
Fuel costs impacted carpentry transport by 11% increase in 2023.
16
Commercial carpentry EBITDA margin: 7.2% in 2023.
17
Number of U.S. carpentry businesses: 312,450 in 2022.
18
Depreciation costs for carpentry equipment: 9% of expenses.
19
Luxury custom carpentry revenue: $4.2 billion U.S.
20
Bankruptcy rate in carpentry: 1.2% annually.
21
Marketing expenses: 2.5% of carpentry revenue.
22
Infrastructure carpentry billings: $9.8 billion Q1 2023.
23
Asset turnover ratio for carpentry: 1.85.
24
R&D spend: 1.1% of revenue in innovative carpentry.
Interpretation

Revenue & Economics Interpretation

While small carpentry shops hammer out a living on razor-thin margins, the real framework of the industry is built on residential remodeling, with a surprising amount of high-value woodwork being shipped across borders by a handful of larger, more valuable firms.

More related reading

04 · Category

Safety & Regulations24 stats

01
U.S. carpenters experienced 4,720 nonfatal injuries in 2022, a rate of 2.8 per 100 full-time workers.
02
Fall from ladders accounted for 27% of carpentry fatalities in the U.S. from 2018-2022.
03
OSHA compliance training reduced carpentry injury rates by 18% in trained firms in 2023.
04
Hearing loss incidents among carpenters dropped 12% due to better PPE in 2022.
05
1,120 carpentry-related fatalities occurred in the U.S. over 2011-2020.
06
Ergonomic training programs cut musculoskeletal disorders by 25% in carpentry.
07
Silica dust exposure regulations cut respiratory issues by 14% in U.S. carpentry.
08
Struck-by-object incidents: 22% of carpentry injuries in 2022.
09
PPE usage compliance reached 89% in inspected carpentry sites in 2023.
10
Electrocution caused 8% of carpentry deaths 2018-2022.
11
Scaffold collapse injuries down 9% post-OSHA updates.
12
Mandatory harness use reduced fall injuries by 31%.
13
Eye injuries from flying particles: 15% of carpentry cases.
14
Heat stress incidents rose 7% in outdoor carpentry 2023.
15
Lockout/tagout violations: top OSHA citation in carpentry.
16
Back injuries: 36% of nonfatal carpentry injuries.
17
Respiratory protection compliance: 92% in silica-regulated shops.
18
Crane-related carpentry incidents: 5% of fatalities.
19
Hand-arm vibration syndrome: affects 14% long-term carpenters.
20
Confined space training reduced incidents by 22%.
21
Electrical hazards training: mandatory for 95% firms.
22
Noise-induced hearing loss claims: down 16% post-regs.
23
Machine guarding violations: 2nd highest in carpentry.
24
Bloodborne pathogens training coverage: 87%.
Interpretation

Safety & Regulations Interpretation

Despite the carpenter's hammer being a symbol of creation, the data starkly reminds us that the trade's true enemy is complacency, where a single misstep can turn a ladder of success into a tragic statistic, yet each percentage point of improvement in training and compliance is a hard-won victory for safety.
Reference

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APA
Timothy Grant. (2026, February 13). Carpentry Industry Statistics. Gitnux. https://gitnux.org/carpentry-industry-statistics
MLA
Timothy Grant. "Carpentry Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/carpentry-industry-statistics.
Chicago
Timothy Grant. 2026. "Carpentry Industry Statistics." Gitnux. https://gitnux.org/carpentry-industry-statistics.

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