Cabinet Sales Increase +4.3% in 2016. Monthly Sales Down -1% in December 2016
RESTON, VA . . . According to the Kitchen Cabinet Manufacturers Association (KCMA)’s monthly Trend of Business Survey, participating cabinet manufacturers reported sales totaling $6.8 billion for 2016; a +4.3% increase compared to 2015. Stock sales increased +4%; semi-custom sales increased +5.9%, and custom sales increased +1.3%.
December 2016 sales decreased -1% compared to December 2015. Stock sales increased +2.5%, semi-custom sales decreased -0.2%, and custom sales decreased -12.3% compared to December 2015.
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.