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Carpenters in Indiana

Author.Name IBISWorld United States Last Updated: August 2025 NAICS IN23835

Carpenters in Indiana industry analysis

The Carpenters industry in Indiana is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x.x% to x,xxx locations. Industry employment has decreased an annualized -x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x%. Industry establishments are forecast to grow x.x% to x,xxx locations. Industry employment is expected to decrease an annualized -x.x% to x,xxx workers, while industry wages are forecast to decrease -x% to $x.x million.

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About the Carpenters in Indiana Market Research Report

What’s Included in the Carpenters in Indiana Market Research Report

Definition of the Carpenters in Indiana?

This industry comprises companies 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.

What’s included in the Carpenters in Indiana?

The Carpenters in Indiana includes cabinet and joinery work on construction projects (on-site fabrication only), fixing wooden roof trusses, installing wooden, aluminum and steel doors, installing wooden, aluminum and steel windows, installing wooden paneling, construction of lumber or steel framework, ship joinery, rough carpentry (scaffolds, frameworks, and forms for concrete, bridges and other large structures) and finish carpentry (stairs, lay floorings, put on moldings and paneling and other trim and finish work). Related terms covered in the Carpenters in Indiana industry report includes the finishing work or renovation work on the interior of buildings, the construction of structural components of buildings and structures, including formwork, joists, trusses, beams, shingles and exterior walls and the construction of interior cabinets, shelving and benches using multiple materials.

Industry Performance of the Carpenters industry in Indiana

Benchmark the Carpenters in Indiana industry performance with all IN county and national performance.

Carpenters in Indiana

#22 in Highest Revenue 1.7% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Carpenters in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Carpenters industry in Indiana

See how key industry drivers, such as population, median houshold income, private investment in residential construction, housing starts, value of private nonresidential construction and producer price index: sawmill lumber are impacting Carpenters in Indiana

Indiana Economic Indicators

Population
Median Houshold Income
Private Investment in Residential Construction

View more economic information in IN State Economic profile

US Key External Drivers

Housing starts
Value of private nonresidential construction
Producer Price Index: Sawmill lumber

For the full list of industry drivers, see report purchase options.

County Data of the Carpenters industry in Indiana

Access proprietary data on county in the Carpenters in Indiana, such as Marion County, Lake County and Allen County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Carpenters industry in Indiana

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Carpenters industry in Indiana in 2025?

The market size of the Carpenters industry in Indiana is $801.1m in 2025.

How many businesses are there in the Carpenters industry in Indiana in 2025?

There are 3,373 businesses in the Carpenters industry in Indiana, which has been declining at an average annual rate of -0.8% from 2020 to 2025.

Has the Carpenters industry in Indiana grown or declined over the past 5 years?

The market size of the Carpenters industry in Indiana has been growing at an average annual rate of 0.7% from 2020 to 2025.

How many employees in the Carpenters industry in Indiana in 2025?

There are 5,668 employees in the Carpenters industry in Indiana, which has been declining at an average annual rate of -1.9% from 2020 to 2025.