RESTON, Va. – Cabinet sales continued to fall, down 5.75% in April compared to a year ago, despite manufacturers in two of the three segments reporting increases, according to the Kitchen Cabinet Manufacturers Association's April Trend of Business report.
Survey respondents reported overall sales of $246.378 million for April. In the year-over-year monthly comparison, custom sales were up 3.9% to $65.068 million, semi-custom dropped 14.5% to $133.578 million and stock sales rose 13.0% to $47.742 million. Cabinet quantity for the month was at 659,699, a decrease of 12.7% compared to April 2023 figures.
For the year to date, cabinet sales were down for two out of three segments. Custom sales were $238.308 million, down 14.0%, and semi-custom sales were $517.000 million, down 6.7%, while stock sales rose 4.4%, to $175.976 million, compared to 2023 figures provided by respondents. Overall, survey respondents reported a 6.9% decrease in sales through April to $931.284 million, compared to the same period last year. Cabinet quantity for the year to date was 2.5 million, a decrease of 6.3% over the same period.
For the month over month comparison, survey respondents in April reported a slight drop (0.6%) in sales and a 2.5% decrease in cabinet quantity compared to March figures, despite gains in two of the three segments. April's survey shows custom up 3.8% and stock up 7.8%, while semi-custom dropped 5.2% compared to March 2024 figures.
Estimated overall market sales for April were $1.0 billion and estimated sales for the year to date for the overall market were $4.9 billion.
The Kitchen Cabinet Manufacturers Association (KCMA) represents kitchen cabinet and bath vanity manufacturers and key suppliers of goods and services to the industry. KCMA has been compiling and reporting industry sales data for more than 40 years.
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