February 2018 Trend of Business Press Release
March 26, 2018
Cabinet Sales Increase 1.8% for February 2018
According to the Kitchen Cabinet Manufacturers Association (KCMA)’s monthly Trend of Business Survey, participating cabinet manufacturers reported an increase in cabinet sales of 1.8% for February 2018 compared to the same month in 2017. Stock sales were up 1.6%; semi-custom sales decreased 0.4%; and custom sales increased 11.3% compared to 2017.
Year to date cabinetry sales through February 2018 are down 0.6% according to participating manufacturers. Stock sales decreased 1.6%; semi-custom increased slightly at 0.6%; and custom sales are down 0.6% so far this year.
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.