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Wood Paneling Manufacturing in Montana

Author.Name IBISWorld United States Last Updated: August 2025 NAICS MT32121

Wood Paneling Manufacturing in Montana industry analysis

The Wood Paneling Manufacturing industry in Montana 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 decreased an annualized -x.x% to xxx workers, while industry wages have decreased 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.x%. Industry establishments are forecast to decline -x.x% to xxx locations. Industry employment is expected to decrease an annualized -x.x% to xxx workers, while industry wages are forecast to decrease -x% to $x.x million.

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About the Wood Paneling Manufacturing in Montana Market Research Report

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

Definition of the Wood Paneling Manufacturing in Montana?

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 Montana?

The Wood Paneling Manufacturing in Montana 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 Montana 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 Montana

Benchmark the Wood Paneling Manufacturing in Montana industry performance with all MT county and national performance.

Wood Paneling Manufacturing in Montana

#21 in Highest Revenue 1.7% 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 Montana

See how key industry drivers, such as population, newly issued building permits, new business formation, value of residential construction, private spending on home improvements and housing starts are impacting Wood Paneling Manufacturing in Montana

Montana Economic Indicators

Population
Newly issued building permits
New Business Formation

View more economic information in MT 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 Montana

Access proprietary data on county in the Wood Paneling Manufacturing in Montana, such as Flathead County, Yellowstone County and Lewis And Clark County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Wood Paneling Manufacturing industry in Montana

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 Montana in 2025?

The market size of the Wood Paneling Manufacturing industry in Montana is $483.9m in 2025.

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

There are 261 businesses in the Wood Paneling Manufacturing industry in Montana, which has been declining at an average annual rate of -0.1% from 2020 to 2025.

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

The market size of the Wood Paneling Manufacturing industry in Montana 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 Montana in 2025?

There are 860 employees in the Wood Paneling Manufacturing industry in Montana, which has been declining at an average annual rate of -5.2% from 2020 to 2025.