RESTON, Va. - Cabinet manufacturers reported an increase in overall cabinet sales of 3 percent for July 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 0.9 percent, semi-custom increased 3.6 percent, and stock sales increased 3 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.
But despite the gain year-over-year, monthly sales painted a different picture. Overall sales were down 5.8 percent in July compared to June. Custom sales decreased 5.4 percent, semi-custom sales increased 2.6 percent, and stock sales were down 10.8 percent.
Year-to-date sales are down 2.9 percent compared to last year. Custom sales decreased 4 percent, semi-custom sales decreased 8.1 percent, and stock sales are up slightly at 1 percent.
June sales showed the polar opposite from July - seeing a year-over-year decrease, but a sharp increase from May. Sales rose a significant 24.3 percent in June compared to May. Custom sales increased 18.1 percent; semi-custom sales increased 21 percent; and stock sales increased 27.7 percent.
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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