Kitchen Cabinet Demand, 2000-2021 (Million Dollars)
Dublin, July 03, 2023 (GLOBE NEWSWIRE) — The “US Kitchen Cabinets Market 2023-2026” report has been added to ResearchAndMarkets.com’s offering.
Demand for kitchen cabinets in the US is forecast to rise 2.9% annually to $20.9 billion in 2026, a deceleration from the 2016-2021 period as new housing construction and home remodeling normalizes following exceedingly high levels in 2021, and prices for materials used in the construction of cabinets (such as wood) recede from inflation- and supply chain-related highs in 2021 and 2022.
The gain will be supported by primarily by homeowners investing more money into kitchen renovation projects and opting for more high-end materials, in conjunction with interest among homeowners in using cabinets as both aesthetic and functional elements of their kitchens.
This study analyzes the US kitchen cabinet industry. It presents historical demand data (2011, 2016, and 2021) and forecasts (2026 and 2031) by product (base, wall, tall), market (residential, commercial, and vehicles and other markets), application (new and remodeling), and by region and subregion. Demand for all products is measured in unit terms and value terms. The study also evaluates factors that will influence kitchen cabinet demand and discuss key suppliers and market share.
Frameless Cabinets Growing in Popularity Due to Trends in Kitchen Cabinet Aesthetics
Frameless cabinets are gaining popularity as an alternative to face framed cabinets and are expected to grow more than twice as fast as face framed cabinet demand. Installations of frameless kitchen cabinets will be boosted by:
Modern design trends, which have gravitated toward more open kitchens with clean lines and minimalist appearances
The stock of homes with existing frameless cabinets increasing over time, meaning that many homeowners will continue to have these cabinets installed in their kitchens