CABINET SALES INCREASE 2% IN 2018; MONTHLY SALES UP 0.7% FOR DECEMBER 2018
According to the Kitchen Cabinet Manufacturers Association (KCMA)’s monthly Trend of Business Survey, participating cabinet manufacturers reported sales totaling $7.3 billion for 2018; a 2% increase compared to 2017. Stock sales increased 4.8%; semi-custom sales decreased 1.8%, and custom sales increased 4.5%.
December 2018 sales were up just 0.7% compared to December 2017. Stock sales increased 5.3%, semi-custom sales were down 5.7%, and custom sales increased 3.5% compared to the same month in 2017.
Survey participants include stock, semi-custom, and custom companies whose combined sales represent approximately 70 percent of the U.S. kitchen cabinet and bath vanity market. KCMA is the major trade association for kitchen cabinet and bath vanity manufacturers and key suppliers of goods and services to the industry. All major U.S. cabinet manufacturing companies belong to KCMA. Sixty-three percent of KCMA cabinet manufacturer members report sales below $10 million annually, reflecting the importance of small manufacturers in the industry. KCMA has been compiling and reporting industry sales data for more than forty years.