Cabinet Sales Increase +18.4% In October 2012
RESTON, VA . . . According to participating members in the Kitchen Cabinet Manufacturers Association monthly Trend of Business Survey cabinet sales for October 2012 increased +18.4% percent compared to sales for October 2011. Stock cabinet sales increased +26.1 percent; semi-custom sales increased +14.3 percent and custom sales increased +1.8 percent.
The year-to-date sales show an increase of +5.7 percent with stock sales up +9.8 percent, semi-custom sales up +3.3 percent, and custom sales down -2.1 percent.
Survey participants include stock, semi-custom and custom companies whose combined sales represent well over 66 percent of the fragmented U.S. cabinet market. KCMA is the major trade association for manufacturers of kitchen cabinets and bath vanities, and 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 under $10 million annually. KCMA has been collecting industry sales data for over forty years.