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Carpenters in Maryland

Author.Name IBISWorld United States Last Updated: August 2025 NAICS MD23835

Carpenters in Maryland industry analysis

The Carpenters industry in Maryland is expected to grow an annualized x.x% to $x.x billion 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 increased 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 billion, while the national industry is expected to grow x%. Industry establishments are forecast to decline -x% to x,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 Carpenters in Maryland Market Research Report

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

Definition of the Carpenters in Maryland?

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 Maryland?

The Carpenters in Maryland 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 Maryland 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 Maryland

Benchmark the Carpenters in Maryland industry performance with all MD county and national performance.

Carpenters in Maryland

#11 in Highest Revenue 2.9% 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 Maryland

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

Maryland Economic Indicators

Population
Private Investment in Residential Construction
Private Investment in Non-Residential Construction

View more economic information in MD 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 Maryland

Access proprietary data on county in the Carpenters in Maryland, such as Montgomery County, Prince George's County and Baltimore County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Carpenters industry in Maryland

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 Maryland in 2025?

The market size of the Carpenters industry in Maryland is $1.3bn in 2025.

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

There are 3,325 businesses in the Carpenters industry in Maryland, which has been declining at an average annual rate of -2.5% from 2020 to 2025.

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

The market size of the Carpenters industry in Maryland has been growing at an average annual rate of 0.5% from 2020 to 2025.

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

There are 8,741 employees in the Carpenters industry in Maryland, which has been growing at an average annual rate of 0.2% from 2020 to 2025.