Cabinet sales rise 4 percent from July to August
October 5, 2020 | 7:39 pm UTC
RESTON, Va. - Cabinet manufacturers reported an increase in overall cabinet sales of 5.5 percent for August 2020 compared to the same month in 2019, according to the Kitchen Cabinet Manufacturers Association (KCMA)’s monthly Trend of Business Survey of participating manufacturers.
Custom sales are up 1.7 percent, semi-custom decreased 0.5 percent, and stock sales increased 10.5 percent. Survey participants include stock, semi-custom, and custom companies whose combined sales represent approximately 75 percent of the U.S. kitchen cabinet and bath vanity market.
Sales also rose month-over-month. Overall sales were up 4.2 percent in August 2020 compared to July. Custom sales increased 3.2 percent; semi-custom sales increased 0.1 percent; and stock sales increased 7.2 percent compared to the previous month.
This is a change from July, which saw sales decrease by 5.8 percent compared to June. From July to June, custom sales decreased 5.4 percent, semi-custom sales increased 2.6 percent, and stock sales were down 10.8 percent.
Overall year-to-date cabinet sales are down 1.8 percent. Custom sales decreased 3.3 percent, semi-custom sales decreased 7.1 percent, and stock sales are up slightly at 2.2 percent year-to-date.
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.
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