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Wood Paneling Manufacturing in Minnesota

Author.Name IBISWorld United States Last Updated: August 2025 NAICS MN32121

Wood Paneling Manufacturing in Minnesota industry analysis

The Wood Paneling Manufacturing industry in Minnesota is expected to decline 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 xxx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized 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.x%. Industry establishments are forecast to grow x.x% to xxx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Wood Paneling Manufacturing in Minnesota Market Research Report

What’s Included in the Wood Paneling Manufacturing in Minnesota Market Research Report

Definition of the Wood Paneling Manufacturing in Minnesota?

The industry includes companies that manufacture veneer, plywood, engineered wood or reconstituted wood products. The industry does not include companies that primarily engage in sawmilling or wood preservation, nor does it include companies that primarily produce dimensions stock.

What’s included in the Wood Paneling Manufacturing in Minnesota?

The Wood Paneling Manufacturing in Minnesota includes veneer manufacturing, plywood manufacturing, reconstituted wood products manufacturing (including sheets and boards), plastic-faced plywood manufacturing, oriented strand board (osb) manufacturing, medium-density fiberboard (mdf) manufacturing, laminated structural wood members manufacturing, fabricated structural wood members manufacturing, particleboard manufacturing and roof trusses manufacturing. Related terms covered in the Wood Paneling Manufacturing in Minnesota industry report includes produced by layering strands or flakes of wood across various orientations and then compressing it with resin, made by applying high heat and pressure to a mixture of softwood and wood fibers mixed with a resin, also known as chipboard, this material is made from wood chips and shavings, mixed with a resin and pressed, made from thin sheets of wood veneer, which are glued together at right angles to increase strength and thinly sliced pieces of wood that are glued to wood, mdf and particleboard panels.

Industry Performance of the Wood Paneling Manufacturing industry in Minnesota

Benchmark the Wood Paneling Manufacturing in Minnesota industry performance with all MN county and national performance.

Wood Paneling Manufacturing in Minnesota

#18 in Highest Revenue 2.1% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Wood Paneling Manufacturing in the US


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

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

Key Drivers of the Wood Paneling Manufacturing industry in Minnesota

See how key industry drivers, such as population, private investment in non-residential construction, gross state product, value of residential construction, private spending on home improvements and housing starts are impacting Wood Paneling Manufacturing in Minnesota

Minnesota Economic Indicators

Population
Private Investment in Non-Residential Construction
Gross State Product

View more economic information in MN State Economic profile

US Key External Drivers

Value of residential construction
Private spending on home improvements
Housing starts

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

County Data of the Wood Paneling Manufacturing industry in Minnesota

Access proprietary data on county in the Wood Paneling Manufacturing in Minnesota, such as Dakota County, Hennepin County and Anoka County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Wood Paneling Manufacturing industry in Minnesota

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 Wood Paneling Manufacturing industry in Minnesota in 2025?

The market size of the Wood Paneling Manufacturing industry in Minnesota is $596.1m in 2025.

How many businesses are there in the Wood Paneling Manufacturing industry in Minnesota in 2025?

There are 310 businesses in the Wood Paneling Manufacturing industry in Minnesota, which has been declining at an average annual rate of -1.3% from 2020 to 2025.

Has the Wood Paneling Manufacturing industry in Minnesota grown or declined over the past 5 years?

The market size of the Wood Paneling Manufacturing industry in Minnesota has been declining at an average annual rate of -1.1% from 2020 to 2025.

How many employees in the Wood Paneling Manufacturing industry in Minnesota in 2025?

There are 1,758 employees in the Wood Paneling Manufacturing industry in Minnesota, which has been growing at an average annual rate of 0.3% from 2020 to 2025.