Like many construction-related fields, the Carpenters industry was significantly affected by the economic recession. The collapse of the housing market brought construction activity to a halt across most markets. However, a rapidly expanding US housing market will benefit the industry. Growth will be supported by an increase in commercial and industrial activity as the national economy expands, which will boost the need for carpentry contracting services for commercial and other nonresidential properties.
This industry comprises establishments primarily engaged in framing, carpentry and finishing work. The carpentry work performed includes new work, additions, alterations, maintenance and repairs. Activities performed by establishments in this industry range from the installation of doors and windows to paneling, steel framing work and ship joinery.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.