GITNUXREPORT 2025

Woodworking Industry Statistics

Woodworking industry thrives with global growth driven by innovation and sustainability.

Jannik Linder

Co-Founder of Gitnux, specialized in content and tech since 2016.

First published: April 29, 2025

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Statistic 1

The global demand for eco-friendly and sustainable wood products is expected to grow at a CAGR of 6.0% until 2030

Statistic 2

The amount of reclaimed wood used in custom furniture projects increased by 30% between 2020 and 2022 in the U.S.

Statistic 3

The use of environmentally certified wood products in North America increased by 45% from 2019 to 2022

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Approximately 65% of wood furniture manufacturing jobs in the U.S. are located in the South

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The average age of a woodworking machinery in North American facilities is 15 years, indicating an aging equipment base

Statistic 6

Asia-Pacific dominates the engineered wood market with over 50% share in 2022

Statistic 7

The United States accounts for roughly 35% of the global woodworking machinery exports

Statistic 8

The U.S. sawmill industry produced roughly 22 billion board feet of lumber in 2022

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China is the largest producer of particleboard globally, accounting for approximately 40% of production capacity in 2022

Statistic 10

In 2022, U.S. sawmills produced about 50 billion board feet of softwood lumber

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Approximately 38% of all woodworking industry employment in the U.S. is in manufacturing processes

Statistic 12

North American sawmill capacity utilization averaged 78% in 2022, reflecting fluctuating market demand

Statistic 13

Roughly 70% of the wood used in construction in the U.S. comes from domestic sources

Statistic 14

The share of imported wood products in the U.S. market increased by 12% from 2019 to 2022, indicating rising dependence on imports

Statistic 15

The average profit margin for small woodworking shops in the U.S. is approximately 8.5%, influenced by labor, materials, and market competition

Statistic 16

The global woodworking machinery market was valued at approximately $8 billion in 2022

Statistic 17

The North American woodworking industry revenue reached about $60 billion in 2021

Statistic 18

The global engineered wood market is projected to grow at a CAGR of 4.2% from 2023 to 2030

Statistic 19

The U.S. wood flooring market was valued at around $5.7 billion in 2022

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About 45% of all woodworking businesses in the U.S. are small or medium-sized enterprises

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The global market for wood cladding is expected to grow at a CAGR of 5.1% by 2027

Statistic 22

In 2022, U.S. exports of wooden furniture reached approximately $12.8 billion

Statistic 23

The U.S. residential remodeling market, which accounts for a significant portion of woodworking and custom cabinetry, was valued at $351 billion in 2022

Statistic 24

The use of CNC (Computer Numerical Control) machines in woodworking increased by 25% globally from 2019 to 2022

Statistic 25

Europe’s woodworking machinery market is projected to reach $4.5 billion USD by 2025

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The global market for wooden pallets is projected to reach $13.8 billion by 2027, growing at a CAGR of 4.8%

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The U.S. countertop manufacturing industry alone is estimated to generate over $4 billion annually

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The North American market for wood-based composite panels is expected to grow at a CAGR of 3.8% through 2028

Statistic 29

The global demand for bamboo as an alternative wood material is forecasted to grow at a CAGR of 7.2% from 2023 to 2030

Statistic 30

The global veneer market was valued at approximately $24 billion in 2022 and is expected to expand significantly

Statistic 31

The U.S. small-scale furniture makers constitute roughly 55% of all woodworking businesses

Statistic 32

Monthly demand for woodworking tools and supplies in North America increased by 12% during the pandemic period, indicating growth in DIY projects

Statistic 33

The global market for interior wood paneling materials is projected to grow at a CAGR of 4.4% until 2026

Statistic 34

In 2022, new woodworking machinery sales in Europe increased by 8% compared to the previous year

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The U.S. craft woodworking market generates approximately $5 billion annually, with a compound annual growth rate of 4.5% from 2018 to 2022

Statistic 36

The production value of hardwood plywood in North America was approximately $2.2 billion in 2022

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The global demand for luxury wood finishes (e.g., ebony, rosewood) is projected to grow at a CAGR of 5.0% through 2027

Statistic 38

The annual value of the custom woodworking segment in the U.S. is estimated to be about $18 billion

Statistic 39

The European market for wooden garden furniture is projected to reach $3.1 billion by 2025, growing at a CAGR of 4.6%

Statistic 40

The global second-hand woodworking machinery market is expected to grow at a CAGR of 3.9% through 2028

Statistic 41

In 2022, the U.S. market for automated woodworking machinery increased by 10% compared to 2021, indicating technological adoption

Statistic 42

U.S. exports of hardwood veneer increased by 8% in 2022, reaching over $2 billion

Statistic 43

The demand for custom cabinetry in North America is projected to grow by 6.2% annually through 2025

Statistic 44

The furniture manufacturing sector accounts for approximately 20% of U.S. woodworking industry revenue

Statistic 45

Global demand for custom wood carvings is projected to grow at a CAGR of 6.3% through 2027, driven by the luxury and interior design sectors

Statistic 46

The use of digital marketing strategies by woodworking businesses increased by 33% during 2020-2022 to reach more customers

Statistic 47

The U.S. market for custom wood doors is valued at over $2 billion and expected to grow steadily through 2025

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Key Highlights

The global woodworking machinery market was valued at approximately $8 billion in 2022
The North American woodworking industry revenue reached about $60 billion in 2021
The U.S. sawmill industry produced roughly 22 billion board feet of lumber in 2022
Approximately 65% of wood furniture manufacturing jobs in the U.S. are located in the South
The global engineered wood market is projected to grow at a CAGR of 4.2% from 2023 to 2030
The U.S. wood flooring market was valued at around $5.7 billion in 2022
About 45% of all woodworking businesses in the U.S. are small or medium-sized enterprises
The global market for wood cladding is expected to grow at a CAGR of 5.1% by 2027
China is the largest producer of particleboard globally, accounting for approximately 40% of production capacity in 2022
In 2022, U.S. exports of wooden furniture reached approximately $12.8 billion
The average age of a woodworking machinery in North American facilities is 15 years, indicating an aging equipment base
The U.S. residential remodeling market, which accounts for a significant portion of woodworking and custom cabinetry, was valued at $351 billion in 2022
The use of CNC (Computer Numerical Control) machines in woodworking increased by 25% globally from 2019 to 2022

The woodworking industry is experiencing dynamic growth and transformation, driven by a booming global market valued at over $8 billion in machinery alone, an expanding North American sector worth $60 billion, and a rising demand for sustainable and innovative wood products—making it an exciting arena for craftsmanship, technological advancement, and economic opportunity.

Emerging Trends and Sustainability Factors

The global demand for eco-friendly and sustainable wood products is expected to grow at a CAGR of 6.0% until 2030
The amount of reclaimed wood used in custom furniture projects increased by 30% between 2020 and 2022 in the U.S.
The use of environmentally certified wood products in North America increased by 45% from 2019 to 2022

Emerging Trends and Sustainability Factors Interpretation

As sustainable wood initiatives gain momentum, a growing consumer appetite for eco-friendly furnishings isn't just a trend—it's shaping a greener, more conscientious industry with a projected 6% annual growth through 2030 and significant leaps in reclaimed and certified wood use.

Geographic Markets and Regional Insights

Approximately 65% of wood furniture manufacturing jobs in the U.S. are located in the South
The average age of a woodworking machinery in North American facilities is 15 years, indicating an aging equipment base
Asia-Pacific dominates the engineered wood market with over 50% share in 2022
The United States accounts for roughly 35% of the global woodworking machinery exports

Geographic Markets and Regional Insights Interpretation

With the South wielding the wood, North American factories riding the machinery treadmill at 15 years old, Asia-Pacific reigning supreme in engineered wood, and the U.S. exporting a commanding share of woodworking machinery, the industry’s future is a timber-tangled tale of regional strengths and aging gear.

Manufacturing and Production Data

The U.S. sawmill industry produced roughly 22 billion board feet of lumber in 2022
China is the largest producer of particleboard globally, accounting for approximately 40% of production capacity in 2022
In 2022, U.S. sawmills produced about 50 billion board feet of softwood lumber
Approximately 38% of all woodworking industry employment in the U.S. is in manufacturing processes
North American sawmill capacity utilization averaged 78% in 2022, reflecting fluctuating market demand

Manufacturing and Production Data Interpretation

While U.S. sawmills flexed their softwood muscle with 50 billion board feet and North American capacity hovered comfortably at 78%, China's dominance in particleboard production at 40% reminds us that in the woodworking world, sometimes it's all about being the biggest chip on the block.

Market Segments and Industry Applications

Roughly 70% of the wood used in construction in the U.S. comes from domestic sources
The share of imported wood products in the U.S. market increased by 12% from 2019 to 2022, indicating rising dependence on imports
The average profit margin for small woodworking shops in the U.S. is approximately 8.5%, influenced by labor, materials, and market competition

Market Segments and Industry Applications Interpretation

While a sturdy 70% of U.S. construction timber is domestically sourced, the 12% uptick in imported wood underscores our growing reliance on foreign supplies—challenging small woodworking shops operating with slim margins around 8.5% to carve out a sustainable future amid global supply shifts.

Market Size and Revenue Trends

The global woodworking machinery market was valued at approximately $8 billion in 2022
The North American woodworking industry revenue reached about $60 billion in 2021
The global engineered wood market is projected to grow at a CAGR of 4.2% from 2023 to 2030
The U.S. wood flooring market was valued at around $5.7 billion in 2022
About 45% of all woodworking businesses in the U.S. are small or medium-sized enterprises
The global market for wood cladding is expected to grow at a CAGR of 5.1% by 2027
In 2022, U.S. exports of wooden furniture reached approximately $12.8 billion
The U.S. residential remodeling market, which accounts for a significant portion of woodworking and custom cabinetry, was valued at $351 billion in 2022
The use of CNC (Computer Numerical Control) machines in woodworking increased by 25% globally from 2019 to 2022
Europe’s woodworking machinery market is projected to reach $4.5 billion USD by 2025
The global market for wooden pallets is projected to reach $13.8 billion by 2027, growing at a CAGR of 4.8%
The U.S. countertop manufacturing industry alone is estimated to generate over $4 billion annually
The North American market for wood-based composite panels is expected to grow at a CAGR of 3.8% through 2028
The global demand for bamboo as an alternative wood material is forecasted to grow at a CAGR of 7.2% from 2023 to 2030
The global veneer market was valued at approximately $24 billion in 2022 and is expected to expand significantly
The U.S. small-scale furniture makers constitute roughly 55% of all woodworking businesses
Monthly demand for woodworking tools and supplies in North America increased by 12% during the pandemic period, indicating growth in DIY projects
The global market for interior wood paneling materials is projected to grow at a CAGR of 4.4% until 2026
In 2022, new woodworking machinery sales in Europe increased by 8% compared to the previous year
The U.S. craft woodworking market generates approximately $5 billion annually, with a compound annual growth rate of 4.5% from 2018 to 2022
The production value of hardwood plywood in North America was approximately $2.2 billion in 2022
The global demand for luxury wood finishes (e.g., ebony, rosewood) is projected to grow at a CAGR of 5.0% through 2027
The annual value of the custom woodworking segment in the U.S. is estimated to be about $18 billion
The European market for wooden garden furniture is projected to reach $3.1 billion by 2025, growing at a CAGR of 4.6%
The global second-hand woodworking machinery market is expected to grow at a CAGR of 3.9% through 2028
In 2022, the U.S. market for automated woodworking machinery increased by 10% compared to 2021, indicating technological adoption
U.S. exports of hardwood veneer increased by 8% in 2022, reaching over $2 billion
The demand for custom cabinetry in North America is projected to grow by 6.2% annually through 2025
The furniture manufacturing sector accounts for approximately 20% of U.S. woodworking industry revenue
Global demand for custom wood carvings is projected to grow at a CAGR of 6.3% through 2027, driven by the luxury and interior design sectors
The use of digital marketing strategies by woodworking businesses increased by 33% during 2020-2022 to reach more customers
The U.S. market for custom wood doors is valued at over $2 billion and expected to grow steadily through 2025

Market Size and Revenue Trends Interpretation

Despite a thriving $60 billion North American market and steady global growth in engineered wood, veneer, and bamboo at rates up to 7.2%, woodworking businesses—particularly small to medium enterprises—are increasingly harnessing CNC technology and digital marketing, signaling that in a sector rooted in tradition, innovation is the true timber of growth.