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Custom millwork is an excellent way to add functionality and personality to almost any space.
Residential construction accounts for about 90% of overall millwork sales, with residential work about evenly split between new construction and remodels. The largest purchasers of millwork products include residential and commercial building contractors, wholesalers and retail outlets.
Let’s take a closer look at a few of the benefits of custom millwork for residential and commercial customers alike, and trends affecting the industry, including competition and customer preferences.
There are many ways in which custom woodworking products add value to a wide variety of properties, from traditional single–family homes to modern office buildings.
Today’s clients want custom millwork products that look beautiful and accommodate technology needs. Other trends are also affecting residential and commercial preferences.
With revenues of $27 billion and average yearly growth of 1.5% between 2013 and 2018, firms must stay attuned to competition, technology and other factors which continue to influence the market for wood-based architectural products for doors, windows, stair railings and more.
Millwork products have benefitted from favorable economic trends in recent years but also face headwinds from various sources of competition.
Key success factors for firms in the millwork industry include access to highly skilled workers and maintaining contacts with key decision makers in markets served.
Mid-City Lumber offers a wide selection of high-quality custom millwork products for doors, stair rails and more, from a number of reputable suppliers.
Contact us and our team of professional design experts will help you select the right materials for your project and provide the service you need to get the job done.