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2025 U.S. Industry Statistics & Market Forecast - Wood Product Manufacturing
Market Size & Industry Statistics
The total U.S. industry market size for Wood Product Manufacturing:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Wood Product Manufacturing industry include:- Increased demand for sustainable and eco-friendly products
- Rise in automation and robotics technology
- Growing importance of mass customization and personalization
- Expansion of global supply chains, increasing import/export activities
- Impact of economic fluctuations on consumer spending habits
- Shift towards using renewable materials to reduce carbon footprint
- Integration of Internet of Things (IoT) and Industry 4.0 in manufacturing processes
- Regulations and policies regarding deforestation and wood sourcing
- Increasing competition from alternative materials like composites and plastics
- Rising consumer preference for local and artisan products
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
|
|---|---|---|
| Total Revenue | Order at top of page |
|
| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Wood Product Manufacturing company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Wood Product Manufacturing industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
|
| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
|
| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Wood Product Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
|
| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
|
| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
|
| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 4% | Order at top of page |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 2% | |||
| Office and Administrative Support Occupations | 7% | |||
| Farming, Fishing, and Forestry Occupations | 6% | |||
| Forest, Conservation, and Logging Workers | 6% | |||
| Logging Workers | 6% | |||
| Construction and Extraction Occupations | 5% | |||
| Construction Trades Workers | 5% | |||
| Installation, Maintenance, and Repair Occupations | 6% | |||
| Other Installation, Maintenance, and Repair Occupations | 7% | |||
| Industrial Machinery Installation, Repair, and Maintenance Workers | 5% | |||
| Production Occupations | 50% | |||
| Assemblers and Fabricators | 16% | |||
| Miscellaneous Assemblers and Fabricators | 16% | |||
| Woodworkers | 21% | |||
| Woodworking Machine Setters, Operators, and Tenders | 18% | |||
| Sawing Machine Setters, Operators, and Tenders, Wood | 8% | |||
| Woodworking Machine Setters, Operators, and Tenders, Except Sawing | 10% | |||
| Other Production Occupations | 7% | |||
| Transportation and Material Moving Occupations | 19% | |||
| Material Moving Workers | 16% | |||
| Industrial Truck and Tractor Operators | 5% | |||
| Industrial Truck and Tractor Operators | 5% | |||
| Laborers and Material Movers | 10% | |||
| Laborers and Freight, Stock, and Material Movers, Hand | 8% | |||
Wood Product Manufacturing Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Wood Product Manufacturing industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Wood Product Manufacturing industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Wood Product Manufacturing industry. |
Source:
Latest Industry News
- 3 Wood Stocks Beating the Odds in a Tough Industry Climate - Wood industry continues to face a difficult environment marked by rising construction costs, potential housing project delays, and mounting affordability concerns for consumers. The threat of tariffs also raises the risk of retaliatory trade actions, (07/08/2025)
- AI-powered wood recycling startup in Grand Rapids secures $3.75M in seed funding - The Grand Rapids-based company employs 14 people in Michigan and uses artificial intelligence to sort construction waste for biomass energy production. (07/06/2025)
- Land use amendment adopted for North Shore manufacturing business - Despite some community protest and several pockets of heated public debate, the regional district has adopted the land use bylaw amendment and zoning bylaw amendment application for Spearhead Timberworks. (07/03/2025)
- Companies and products that epitomize thinking outside the box - While there is no shortage of truly innovative building products, these stand out because of their unique benefits. (07/02/2025)
- Manufacturing PMI at 49%, wood sector contracts, furniture grows - Economic activity in the manufacturing sector contracted in June for the fourth consecutive month, following a two-month expansion preceded by 26 straight months of contraction, say the nation's supply executives in the latest Manufacturing ISM Report On Business. (07/01/2025)
- Ontario government releases 'Advanced Wood Construction Action Plan' - The Ontario government has released the Advanced Wood Construction Action Plan to increase the manufacturing and use of high-quality made-in-Ontario wood building products. (06/27/2025)
- Ontario Launches Advanced Wood Construction Action Plan - The Ontario government has released the Advanced Wood Construction Action Plan to increase the manufacturing and use of high-quality made-in-Ontario wood building products. To s (06/25/2025)
- Cathie Wood Is Doubling Down on This AI Stock. Should You? - Cathie Wood has had mixed results as an institutional investor. Whether or not you agree with her stock picks or would invest in her company's products, investors can learn about up-and-coming tech stocks and see what she thinks about tech giants by following Ark Invest's trades. (06/25/2025)
- Boise Cascade Names Rob Johnson Senior Vice President of Manufacturing for Wood Products - Business Wire - In this role, Rob will oversee the operations for the company’s 18+ manufacturing facilities across the U.S. He will continue to report to Troy Little, Executive Vice President of Wood Products. (06/13/2025)
- Are manufacturing jobs actually special? - More than half of American workers don't have a college degree. Is manufacturing a ticket for them to the middle class? (05/27/2025)
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