March 2018 Trend of Business Press Release
April 30, 2018
Cabinet Sales Decrease 1.7% for March 2018
According to the Kitchen Cabinet Manufacturers Association (KCMA)’s monthly Trend of Business Survey, participating cabinet manufacturers reported a decrease in cabinet sales of 1.7% for March 2018 compared to the same month in 2017. Stock sales were down 1.7%; semi-custom sales decreased 2.4%; and custom sales increased slightly at 0.7% compared to March 2017.
Year to date cabinetry sales through March 2018 are down 1% according to participating manufacturers. Stock sales are down 1.7%; semi-custom decreased 0.6%; and custom sales are down 0.1% so far this year.
Survey participants include stock, semi-custom, and custom companies – companies that belong to KCMA represent combined sales of 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.