RESTON, Va. – Cabinet manufacturers reported overall cabinet sales were down 9.7% for March compared to the same period a year ago, with all three segments reporting declines, according to the Kitchen Cabinet Manufacturers Association's March Trend of Business report.

Survey respondents reported overall sales of $247.821 million for March. In the year-over-year monthly comparison, custom sales were down 21.5% to $62.660 million, semi-custom dropped 5.3% to $140.965 million and stock sales declined 3.1% to $44.296 million. Cabinet quantity for the month was at 676,933, a decrease of 8.7% compared to March 2023 figures.

For the year to date, cabinet sales were down for two out of three segments. Custom sales were $173.250 million, down 19.2%, and semi-custom sales were $383.422 million, down 3.7%, while stock sales rose slightly, 1.6%, to $128.233 million, compared to 2023 year-to-date figures provided by respondents. Overall, sales through March dropped 7.3% to $684.906 million, compared to the same time period last year. Cabinet quantity for the year to date was 1.9 million, a decrease of 3.9% over the time period.

The month-over-month comparison looks markedly different, with survey respondents reporting a 9.8% rise in cabinet quantity in March compared to February figures. All three segments also showed month-over-month gains by respondents, with custom up 9.5%, semi-custom up 14.0% and stock up 3.5% in March compared to February.

Estimated overall market sales for March were $1.4 billion and estimated sales for the year to date for the overall market were $3.925 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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