Cabinet Sales Increase 2.9% in 2017. Monthly Sales Up 3.9% for December 2017
According to the Kitchen Cabinet Manufacturers Association (KCMA)’s monthly Trend of Business Survey, participating cabinet manufacturers reported sales totaling $7.1 billion for 2017; a 2.9% increase compared to 2016. Stock sales increased 3%; semi-custom sales increased 3.7%, and custom sales decreased 0.3%.
December 2017 sales were up 3.9% compared to December 2016. Stock sales increased 3%, semi-custom sales increased 6.1%, and custom sales increased 0.4% compared to December 2016.
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.