Sheet Metal, Window & Door Manufacturing in the US - Market Research Report (2014-2029)
New York, United States
Last Updated: June 2024
NAICS 33232Revenue
$67.8bn
Past 5-Year Growth
Profit
$X.Xbn
Employees
226k
Businesses
7,999
Wages
$XX.Xbn
Sheet Metal, Window & Door Manufacturing in the US industry analysis
The sheet metal, window and door manufacturing industry experienced overall growth with significant volatility, particularly influenced by the pandemic and economic changes. Post-2009 housing crisis, the industry's growth aligned with the construction sector, but faced a decline during the pandemic due to supply chain disruptions and lower commercial and industrial demand, despite growth in residential construction. The revenue growth momentum was maintained for a while by surging commodity prices, especially steel and aluminum, which saw significant price hikes, inflating end-product costs. Overall, the industry has grown at a CAGR of 3.5%, reaching $67.8 billion by 2024, with a projected growth of 0.5% in alone. The profit margin is expected to account for 8.4% of revenue, representing an increase during the current period.
Trends and Insights
- Commodity prices played a major role in shaping the industry's landscape. Rising steel and aluminum costs between 2021 and 2022 drove up raw material expenses, escalating metal product prices passed on to consumers.
- Construction and aesthetics drive demand for metal windows, frames and fixtures. New building projects and renovations require these products for their appealing design and compliance with fire safety and energy efficiency standards, increasing their market.
- Population centers draw manufacturers. The high volume of construction projects in major cities makes them ideal places for manufacturing facilities.
- Competition is centered around quality and convenience. Manufacturers that can deliver high-quality products quickly to construction projects in the area enjoy the most success.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 3.5 % over the past five years, to reach an estimated $67.8bn in 2024.
Trends and Insights
The industry has grown overall, despite some volatility
- Following the housing crisis in 2009, the industry experienced stable growth, driven largely by growing construction. However, during the current period, the industry saw both the periods of growth and declines.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Demand will grow as a result of economic expansion, contributing to overall industry growth
- Demand for sheet metal, windows and doors is expected to grow, driven by overall economic growth as the Federal Reserve is expected to begin monetary easing in the first half of the outlook period, thus stimulating the construction sector.
Biggest companies in the Sheet Metal, Window & Door Manufacturing in the US
| Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Greenheck Fan Corporation | 1,958.1 | 121.4 | 6.2 | |
Werner Co | 1,049.9 | 65.1 | 6.2 | |
Griffon Corporation | 998.1 | 61.9 | 6.2 |
To view the market share and analysis for all 49 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Metal windows, frames, and fixtures, Metal doors and doorframes and Architectural and ornamental metal work. Metal windows, frames, and fixtures is the largest segment of the Sheet Metal, Window & Door Manufacturing in the US.
Trends and Insights
The construction industry and energy efficiency standards drive demand for metal windows, frames and fixtures
- New residential and commercial construction projects boost demand for metal windows, frames and fixtures. Renovation and retrofitting projects further stimulate this market segment, driven by urbanization and architectural trends. Additionally, evolving energy efficiency standards make metal an appealing choice due to its durability and insulative properties.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Structural Metal Product Manufacturing in the US
- Glass Product Manufacturing in the US
Complementors
- Construction in the US
- Manufactured Home Wholesaling in the US
International industries
- Sheet Metal, Window & Door Manufacturing in Canada
- Aluminium Door and Window Manufacturing in Australia
- Structural Metal Product Manufacturing in Australia
- Architectural Aluminium Product Manufacturing in New Zealand
- Metal Door & Window Manufacturing in the UK
Table of Contents
About this industry
Industry definition
Operators in this industry manufacture metal products including metal-framed windows (using purchased glass), metal doors, sheet metal work and ornamental and architectural metal products. These products are primarily used in building construction, maintenance and repair.
What's included in this industry?
Metal windows and window framesMetal doorsSheet metal HVAC ducts, culverts and stove pipesSheet metal productsOrnamental metal workArchitectural metal workCompanies
Greenheck Fan CorporationWerner CoGriffon CorporationPurchase this report to view all 49 major companies in this industry.
Related Terms
COMPUTER-AIDED DESIGN (CAD)METAL EXTRUSIONMETAL STAMPINGHEATING, VENTILATION AND AIR CONDITIONING (HVAC)Industry Code
NAICS 33232 - Sheet Metal, Window & Door Manufacturing in the US
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Commodity prices played a major role in shaping the industry's landscape. Rising steel and aluminum costs between 2021 and 2022 drove up raw material expenses, escalating met...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Construction and aesthetics drive demand for metal windows, frames and fixtures. New building projects and renovations require these products for their appealing design and c...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Population centers draw manufacturers. The high volume of construction projects in major cities makes them ideal places for manufacturing facilities.
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each state in 2024
- Number and share of revenue each state accounts for in 2024
- Number and share of wages each state accounts for in 2024
- Number and share of employees in each state in 2024
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Competition is centered around quality and convenience. Manufacturers that can deliver high-quality products quickly to construction projects in the area enjoy the most succe...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
On November 27, 2023, the Department of Agriculture Farm Service Agency awarded a $1.4 million contract to Solar Security Films, Inc. Solar Security Films specializes in prov...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Greenheck Fan Corporation's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Werner Co's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Griffon Corporation's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for 46 additional companies
Detailed analysis
- Description and key data for Greenheck Fan Corporation, and factors influencing its performance in the industry
- Description and key data for Werner Co, and factors influencing its performance in the industry
- Description and key data for Griffon Corporation, and factors influencing its performance in the industry
- Description, key data and performance trends for 46 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The success of this industry is closely tied to the construction sector. As construction expenditures escalate, demand and prices for necessary construction materials and pro...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
The industry is relatively less capital-intensive, leading to lower depreciation costs. As compared to the broader fabricated metal product manufacturing industry, sheet meta...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Industry Multiples (2017-2022)
- Industry Tax Structure (2017-2022)
- Income Statement (2017-2022)
- Balance Sheet (2017-2022)
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Sheet Metal, Window & Door Manufacturing in the US industry in United States in 2024?
The market size of the Sheet Metal, Window & Door Manufacturing in the US industry in United States is $67.8bn in 2024.
How many businesses are there in the Sheet Metal, Window & Door Manufacturing in the US industry in 2024?
There are 7,999 businesses in the Sheet Metal, Window & Door Manufacturing in the US industry in United States, which has grown at a CAGR of 1.8 % between 2019 and 2024.
Has the Sheet Metal, Window & Door Manufacturing in the US industry in United States grown or declined over the past 5 years?
The market size of the Sheet Metal, Window & Door Manufacturing in the US industry in United States has been growing at a CAGR of 3.5 % between 2019 and 2024.
What is the forecast growth of the Sheet Metal, Window & Door Manufacturing in the US industry in United States over the next 5 years?
Over the next five years, the Sheet Metal, Window & Door Manufacturing in the US industry in United States is expected to grow.
What are the biggest companies in the Sheet Metal, Window & Door Manufacturing in the US market in United States?
The biggest companies operating in the Sheet Metal, Window & Door Manufacturing market in United States are Greenheck Fan Corporation, Werner Co and Griffon Corporation
What does the Sheet Metal, Window & Door Manufacturing in the US in United States include?
Metal windows and window frames and Metal doors are part of the Sheet Metal, Window & Door Manufacturing in the US industry.
Which companies have the highest market share in the Sheet Metal, Window & Door Manufacturing in the US in United States?
The company holding the most market share in United States is Greenheck Fan Corporation.
How competitive is the Sheet Metal, Window & Door Manufacturing in the US industry in United States?
The level of competition is moderate and steady in the Sheet Metal, Window & Door Manufacturing in the US industry in United States.
