North America Structural Wood Screws Market Size & Outlook

The structural wood screws market in North America is expected to reach a projected revenue of US$ 1,879.7 million by 2030. A compound annual growth rate of 5.3% is expected of North America structural wood screws market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,313.7
Forecast, 2030 (US$M)
$1,879.7
CAGR, 2024 - 2030
5.3%
Report Coverage
North America

North America structural wood screws market highlights

  • The North America structural wood screws market generated a revenue of USD 1,313.7 million in 2023.
  • The market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
  • In terms of segment, stainless steel was the largest revenue generating type in 2023.
  • Carbon Steel is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.


North America data book summary

Market revenue in 2023USD 1,313.7 million
Market revenue in 2030USD 1,879.7 million
Growth rate5.3% (CAGR from 2023 to 2030)
Largest segmentStainless steel
Fastest growing segmentCarbon Steel
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCarbon Steel, Stainless Steel
Key market players worldwideSFS Group AG, Simpson Manufacturing Co Inc, Eurotech Ltd, Illinois Tool Works Inc, Kyocera Corp, SPAX International, Grip-Rite, Simpson Strong-Tie Company, Rothoblaas, GRK Fasteners


Other key industry trends

  • In terms of revenue, North America region accounted for 30.1% of the global structural wood screws market in 2023.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
  • MEA is the fastest growing regional market and is projected to reach USD 308.5 million by 2030.

Stainless steel was the largest segment with a revenue share of 82.71% in 2023. Horizon Databook has segmented the North America structural wood screws market based on carbon steel, stainless steel covering the revenue growth of each sub-segment from 2018 to 2030.


North America accounted for a significant revenue share of structural wood screws market in 2022. The market in this region is expected to grow significantly from 2022 to 2030 owing to the increasing consumer spending on construction, interior decoration, and modification of furniture.

Increasing renovation and refurbishment activities in North America to maintain the structural integrity of buildings and to ensure the safety of the residents have triggered a number of redevelopment projects related to residential as well as non-residential sectors in developed countries of the region such as U.S., Canada and Mexico.

Moreover, major infrastructure development projects being carried out in North America are expected to augment the demand for structural wood screws over the forecast period. According to the U.S. Census Bureau, U.S. construction spending in August 2022 was at a seasonally adjusted annual rate (SAAR) of USD 1,781.3 billion, witnessing an increase of 8.5% compared with SAAR recorded in August 2021.

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Structural Wood Screws Market Scope

Structural wood screws market segmentation & scope
Carbon Steel
Stainless Steel
Construction
Furniture & Crafts
Others
Countries
UK
Norway
Sweden
Denmark
Belgium
Netherlands
Poland
Switzerland
Austria
Portugal
Ireland

Structural Wood Screws Market Companies

Name Profile # Employees HQ Website

North America structural wood screws market size, by country, 2018-2030 (US$M)

North America Structural Wood Screws Market Outlook Share, 2023 & 2030 (US$M)

North America structural wood screws market size, by country, 2018-2030 (US$M)

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