Procurement Market Intelligence Report
Carpentry Services
Sourcing Guide & Market Intelligence
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Carpentry Services Global Overview
Definition
Summary
Carpentry services encompass rough carpentry, finish carpentry, cabinet building, joinery, and installation services. Contractors also cut and join timber to create frames, doors, windows, cabinets, and staircases. Buyers serviced by this market’s suppliers include property managers and homeowners, residential housing builders, and nonresidential contractors.
This Report Includes:
- Finish Carpentry
- Cabinet Building
- Rough Carpentry
Not in this Report:
- Contracting Services
- Window & Door Installation Services
- Scaffolding Services
- Plastering & Drywall Services
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Global Carpentry Services Procurement Trends
Discover the top international trends affecting procurement in the global Carpentry Services market.
Warning Trends
Tariffs to negatively impact the building and construction machinery sector
- The Trump Administration’s reciprocal tariffs, which apply general tariff rate increases to most countries the United States trades with, are set to take effect on August 7, after the administration finalized the national rates on August 1. As a result, leading sources of imported construction machinery face significantly higher tariff rates, including Japan (15.0%), Mexico (25.0%), South Korea (15.0%), the European Union (15.0%), the United Kingdom (10.0%), China (54.0%), and Canada (35.0%).
- The increase in tariffs on building and construction machinery imported from tariff-impacted countries will add to the price of imports, which are typically passed on to buyers in the form of higher prices. According to The Budget Lab at Yale, the additional tariffs on imports will increase overall prices for machinery and equipment by 13.3%.
- Additionally, the administration has already implemented 50.0% tariffs on all aluminum and steel imported into the United States, with the sole exception of imports from the United Kingdom. These tariffs will increase input costs even for construction machinery suppliers with domestic manufacturing operations.
- According to an April 2025 survey from Construction Equipment Magazine, around half of the respondents reported that the higher tariffs will increase operating costs by up to 15.0%, and more than half said they plan to pass those increases along to buyers.
- As many building and construction machinery brands source parts and components such as steel, engines, and electronics from foreign countries, higher tariff rates will put upward pressure on prices and lead to greater rental rates as manufacturers and dealers pass on costs. In addition, suppliers that source parts from tariff-affected regions may see supply chain disruptions as they seek alternative suppliers to mitigate tariff impacts.
Global Carpentry Services Market - Suppliers by Region
| Country/Region | Number of Suppliers |
|---|---|
| #1 India | 251,605 |
| #2 Oceania & Southeast Asia | 172,010 |
| #3 Europe | 142,345 |
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Geography Drilldown - US
Average Cost of Carpentry Services
United States
2026 Market Pricing$20.00 to $XXX.XX
per hourAverage Price
Prices in the Carpentry Services market range from $20.00 to $XXX.XX, depending on Experience and Reputation, Service Type, Type of Materials Used and Geographic Location. For example, lower prices are associated with Poor reviews and testimonials and Low level of experience, whereas higher prices are associated with High level of experience and Good reviews and testimonials.
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Between our Europe and Canada collections, we provide price data for 350 markets so you can instantly compare prices across borders. Or, use our custom research services for intel on prices in any region across the globe.
Carpentry Services Category Price Trends
Pricing trends are indicated by the compound annual growth rate (CAGR) during a set period of time. For the Carpentry Services market, prices in the US have declined -1.7% from 2022 to 2025. Subscribers can access price trend forecasts, price driver projections and forward-looking cost structure data. Learn more
United States (2022-2025)
United States (2025-2028)
Compound Annual Growth Rate
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Price trend forecasts are available to subscribers, along with price driver projections and forward-looking cost structure data.
Cost Analysis - Total Cost of Ownership for Carpentry Services
Total cost of ownership is High in the Carpentry Services market. The average cost of ownership differs depending on the contract but generally includes costs negotiated before the contract begins, costs billed during the contract period and unforeseen costs.
Negotiated Before
Transportation
Billed During
Labor
Insurance
License fees
Buyer Power in Procurement Negotiations
In 2026, buyer power amounts to 0.1 in the United States. Buyer power is most positively impacted by Recent Developments. It is most negatively impacted by Market Share Concentration. Subscribers can access details on eight other factors that impact buyer power. Learn more
United States
Buyer power forecasts: your glimpse into the future
Develop strategies for the upcoming year and identify unforeseen opportunities for buying now
- Actionable "Buy Now" and "Buy Later" insights
- Near-real-time updates to current and forecast Buyer Power Scores
- Methodology and weightings for Buyer Power Score Components
Supply Chain Risk
The average level of supply chain risk is assessed as Medium, which has a negative impact on buyer power. The level of supply chain risk is affected by industry volatility, barriers to entry, competition, import penetration, regulation and industry financial risk. Buyers in this market can mitigate procurement and supply chain management risks by monitoring risk levels for individual first and second tier suppliers:
1st
Tier Suppliers
- Lumber & Wood Product Wholesalers
- Tool & Hardware Wholesalers
- Power Tools & Other General-Purpose Machinery Manufacturers
2nd
Tier Suppliers
- Sawmill & Wood Producers
- Home Improvement Stores
- Electrical Equipment Manufacturers
Biggest Carpentry Services Suppliers in the US by Revenue
The largest Carpentry Services vendors by revenue in the US are Carpenter Contractors of America Inc., Menard, Inc. and Jacobs Engineering Group Inc. Subscribers can sort and filter by market share concentration, profit level and other factors. Learn more
| Supplier | Operational Size | Headquarters | Number of Employees | Market Share (%) | Market Share Performance (3yr trend) | Total Revenue ($ million) | Profit Level (%) | Risk Level |
|---|---|---|---|---|---|---|---|---|
| Home Depot, inc. | International | ATLANTA | >10,000 | < 5 | ||||
| Lowes Companies Inc. | International | MOORESVILLE | >10,000 | < 5 | ||||
| Fluor Corporation | Global | IRVING, TX | >10,000 | < 5 | ||||
| Aecom | Global | DALLAS, TX | >10,000 | < 5 | ||||
| Jacobs Engineering Group Inc. | Global | DALLAS | 1,001-10,000 | < 5 | ||||
| Dpr Construction, Inc. | Global | Redwood City, CA | 1,001-10,000 | < 5 | ||||
| Carpenter Contractors of America Inc. | Regional | Pompano Beach, FL | 501-1,000 | < 5 | ||||
| Menard, Inc. | Regional | Eau Claire, WI | >10,000 | < 5 | ||||
| Ace Hardware Corporation | National | Oak Brook, IL | 1,001-10,000 | < 5 | ||||
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Profit Analysis
The average profit margin across vendors in the Carpentry Services market is 5.7% and steady. Profit levels shift depending on suppliers' spend on wages, purchases and overhead. The highest cost component for vendors is Purchases. The cost trend for this component is rising, when considering movement between 2025 and 2026. To understand cost forecasts for 2027 and uncover the implications on profit, start your subscription. Learn more
Vendor & Supply Chain Analysis
Larger vendors face low risk due to an extensive array of services available, but smaller services that only offer carpentry services face more risk since any conditions that affect the entire market can endanger their business. Low risk puts downward pressure on prices.
Market share concentration is very low within this market, as most vendors are small organizations serving their immediate geographic region. Consequently, prices remain low since the high quantity of vendors must compete with one another, resulting in a highly fragmented industry.
This market faces high supply chain risk due to the volatility of wood products and associated machinery affected by the recent 2025 tariffs. When commodities face high demand, carpentry services rise in price due to vendors passing on risk to buyers in the form of higher prices.
The United States is a net importer of wood for carpentry, offering buyers a diverse range of international products. Buyers should consider that dependence on foreign supply could introduce potential risks related to product availability and price fluctuations due to global market conditions.
Supplier Information
Ace Hardware Corporation
Ace Hardware Corporation is a private company operating nationally in the construction and manufacturing sectors. The company's offerings include ladders, nails, work lights, outdoor heaters and carpentry services. Founded in 1960, the company is currently headquartered in Oak Brook, Illinois, United States... Subscribe to learn more
Aecom
Aecom is a public company operating globally in the construction, professional, scientific and technical services, administration, business support and waste management services and healthcare and social assistance sectors. The company's offerings include general contractor services, industrial building &... Subscribe to learn more
Carpenter Contractors of America Inc.
Carpenter Contractors of America Inc. is a private company operating regionally in the construction sector. The company's offerings include carpentry services. Founded in 1955, the company is currently headquartered in Pompano Beach, Florida, United States of America with an estimated 1000 employees. Subscribe to learn more
Dpr Construction, Inc.
Dpr Construction, Inc. is a private company operating globally in the construction sector. The company's offerings include industrial building & warehouse construction and carpentry services. Founded in 1990, the company is currently headquartered in Redwood City, California, United States of America with... Subscribe to learn more
Fluor Corporation
Fluor Corporation is a diversified holding company that provides professional and technical solutions. It primarily offers engineering, procurement, construction, fabrication and modularization, and project management services. It serves various industries worldwide, including advanced technologies and manufacturing,... Subscribe to learn more
Home Depot, inc.
Home Depot, Inc. is a home improvement retailer offering building materials, home improvement products, lawn and garden products, décor products, and related services under national and proprietary brands. Its proprietary brands include, among others, HDX®, Husky®, Hampton Bay®, Home Decorators Collection®,... Subscribe to learn more
Jacobs Engineering Group Inc.
Jacobs Solutions Inc. is a technical, professional, and construction services company. It offers two lines of business: the Critical Mission Solutions segment, which focuses on digital transformation and modernization, national security and defense, space exploration, digital asset management, the clean energy... Subscribe to learn more
Lowes Companies Inc.
Lowe's Companies, Inc. is a home improvement retailer for maintenance, repair, remodeling, and decorating markets. Its product portfolio includes appliances, seasonal & outdoor living, lumber, lawn & garden, kitchen & bath, hardware, building materials, millwork, paint, rough plumbing, tools, electrical, Subscribe to learn more
Menard, Inc.
Menard, Inc. is a private company operating regionally in the construction, manufacturing and real estate & rental & leasing sectors. The company's offerings include snow plows, fire doors, scaffolding rental, security wire fencing, nails. Founded in 1958, the company is currently headquartered in Eau Claire,... Subscribe to learn more
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Procurement Management KPIs for the Carpentry Services Market
Managing vendor performance throughout the contract period is easier when tracking specific key performance indicators (KPIs). For example, buyers should monitor Number of Errors and On-Time Completion %. Buyers may experience better performance throughout their contracts if they establish service level agreements (SLAs) based on Compliance and other factors.
| KPI | Level of Importance (1-5) | Measurements | Key Considerations |
|---|---|---|---|
| Number of Errors |
|
Number of finishing errors Number of framing errors |
Errors in carpentry can cause delays or costs above the estimated budget. A high number of errors indicate a low quality of carpentry service. |
| On-Time Completion % |
|
Estimated time to complete project Actual time to complete project |
Carpentry services are billed on a timed basis, so accurate time estimates are important for buyer budgeting. Accurate time estimations indicate a more reputable business, which could entail a sufficient quality of service. |
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Questions to Ask During Procurement Negotiations
How can I gain leverage during negotiations?
Experience and Expertise
Tell me about similar projects you have worked on in the past. What challenges did you face and how did you overcome them?
Do you have case studies or client testimonials detailing services you have performed? Can we speak to or visit a current client to ask about their experiences?
Workforce
How do you recruit and retain carpenters?
What specialized skills do you require your employees to possess?
Quality Control
How do you ensure the accuracy and quality of your service? What systems do you have in place to review the work done by your staff?
How do you balance quick turnaround times with maintaining maximum possible accuracy?
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Carpentry Services RFP Guidelines
What should my RFP include?
Organizational Overview
Buyers should provide a description of their company and their primary operations.
Buyers should provide the location or locations in which the requested services will be carried out.
Statement Of Need
Buyers should provide a detailed description of the services being requested.
Buyers should list any special conditions the supplier must adhere to, such as the hours in which the hired carpenter must be reachable in case of emergency.
Project Budget
Buyers should provide a maximum budget for the services to be rendered.
Buyers should provide a breakdown of the budget, specifying how much of the budget is to be allocated toward various aspects of the service (labor hours, materials, travel, etc.).
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We display average pricing information, trends and market data.
Our Reports include:
- Opportunity assessment
- Market dynamics
- Recent developments
- Positive and warning trends
- Buyer power levers
- Price environment and market pricing
- Geographic wage rates
- Global market updates
- Total cost of ownership
- Cost structure benchmarks and analysis
- Supply chain and vendors
- Global supplier breakdown
- Market share concentration
- Regulation and business requirements
- Vendor management and KPIs
- Sourcing strategy guidance
