Cabinet Sales Down 3.2% in January 2018
Cabinetry sales for the first month of 2018 are down 3.2 percent compared to the same month in 2017, reported participating members of the Kitchen Cabinet Manufacturers Association (KCMA) in its monthly Trend of Business Survey.
January 2018 saw a significant drop in custom sales at -12.2%; semi-custom sales were up slightly at 1.8%; and stock sales decreased 5% compared to January 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.