30
Oct

Cabinets in the US by Product, Market, Application, Construction Method, Material and Region, 10th Edition – Markets Insider

NEW YORK, Oct. 30, 2017 /PRNewswire/ — Kitchen Cabinets and Residential Remodeling Activity Continue to Drive the US Cabinet Market

Read the full report: https://www.reportlinker.com/p05166517

Kitchen cabinets and residential remodeling applications account for the majority of cabinet demand and will continue to do so going forward. As remodeling activity continues to increase, homeowners will likely upgrade kitchen cabinets to improve the aesthetics of their kitchen space as well as boosting home values.

Key Findings in the Cabinets Market in the US Study:

Ongoing Product Mix Shift Toward Semicustom and Custom Kitchen Cabinets in Single-Family Housing
Despite the current dominance of stock kitchen cabinets due to the low cost of these products, value demand in the US cabinet market is being driven in part by a product mix shift, which is favoring increased usage of semicustom and custom kitchen cabinets in single-family housing. Through 2021, both semicustom and custom cabinets are projected to gain share at rates well-above the market average.

Rising Consumer Demand for Charging Ports, LED Lighting, and Other Amenities in All Cabinet Product Lines
Going forward, cabinetmakers will continue to boost the functionality of their cabinets by including such amenities as light-emitting diode (LED) lighting and charging stations for personal electronic devices. Cabinets with charging stations or racks for smart phones, laptops, and tablet computers are often seen as desirable by many homeowners as these stations provide storage space for personal electronic devices that otherwise may suffer damage from exposure to water or food products. These items, which were once only seen in high-end semicustom and custom cabinets, are expected to become standard features in many stock cabinet varieties over the next decade.

Frameless Kitchen Cabinets Surging in Popularity in Single-Family and Multifamily Housing
Due to recent design trends favoring more modern aesthetics, the popularity of frameless kitchen cabinets has risen sharply in the past decade. Not only do frameless cabinets meet the current design requirements of many consumers, but also cost less than their traditional face-frame counterparts, which has resulted in the rapid adoption of frameless cabinets in many multifamily residences.

Study Coverage
This industry study presents historical demand data (2006, 2011, and 2016) and forecasts (2021) by product (kitchen cabinets (e.g., base, wall, and tall), bathroom cabinets (e.g., vanities and medicine chests), market (residential, nonresidential, nonconstruction), application (new construction and remodeling), construction method (stock, semicustom, and custom), material (wood-based and nonwood), and region (Northeast, Midwest, South, and West). The study also evaluates company market share and provides analysis on industry competitors including ACProducts, American Woodmark, Bertch Cabinet, Conestoga Wood, Crystal Cabinet Works, Elkay Manufacturing, MasterBrand Cabinets, Kohler, Leedo, Lozier, Masco, RSI Home Products, Wellborn Cabinet, and Wood-Mode.

Read the full report: https://www.reportlinker.com/p05166517

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