In 2023, the Millwork Sales in the US were valued at 7.4529 billion US dollars. The projected growth from 2024 to 2028 shows a stable upward trend, with sales expected to reach approximately 7.9195 billion US dollars by 2028. This indicates an overall Compound Annual Growth Rate (CAGR) of about 1.83% over the five-year period. Year-on-year increases suggest modest but steady growth with the highest percentage increase from 2027 to 2028.

Future trends to watch for in the millwork industry include:

The impact of sustainability and eco-friendly materials on consumer preferences.
Technological advancements such as automation and 3D printing in production processes.
The influence of housing market conditions and urban development policies on demand.