CABINET SALES DOWN FOR DECEMBER 2019
RESTON, VA . . . According to the Kitchen Cabinet Manufacturers Association (KCMA)’s monthly Trend of Business Survey, participating cabinet manufacturers reported a decrease in cabinet sales of 1.9% for December 2019 compared to the same month in 2018. Custom sales saw a decrease of 9.7% and semi-custom decreased 4%. However stock sales were up 1%.
The monthly numbers tell a similar story. Cabinet sales overall were down 3.1% compared to November 2019 with custom down 11.7%, semi-custom sales down 8%, and stock sales up 2.1% compared to the previous month.
Year-to-date cabinet sales are up just 0.6% when compared to 2018 YTD. Custom sales are down 1.2%, semi-custom sales are down 4.1%, and stock sales are up 4.5%.
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.