September 2017 Trend of Business Press Release
October 30, 2017
Cabinet Sales Drop 2.2% in September
RESTON, VA . . . Kitchen and bath cabinetry sales slipped 2.2 percent for the month of September, compared to the same month 2016, according the Kitchen Cabinet Manufacturers Association (KCMA)’s monthly Trend of Business member survey. However, cabinetry sales remained strong year to date, climbing 2.8 percent through September, compared to through September 2016.
Semi-custom cabinetry sales increased 5.1 percent in September, compared to the same month 2016, the survey of 66 participating members revealed. Year-to-date semi-custom sales climbed 3.8 percent through September, compared to 2016 sales in the same time period.
However, fully custom cabinetry sales dropped 13.5 percent in September, compared to September 2016. Year-to-date sales of custom cabinets dropped 1.3 percent through September, compared to the same period 2016.
Stock sales also dropped to 5.2 percent in the month of September, compared to the same month 2016, but year-to-date stock sales have climbed 3.1 percent through September.
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.