Photo By Photo by Clayton on Unsplash
RESTON, Va. - Cabinet sales rose 23.8% in September 2022 compared to 2021 figures, continuing the trend of year-over-year sales growth for the industry. According to participating members in the Kitchen Cabinet Manufacturers Association's monthly Trend of Business Survey, custom sales were up 8.4%, semi-custom rose 32.5% and stock sales increased 21.9%. The estimated cabinet quantity decreased 1.9% compared to last year.
The month-to-month comparison was not as strong, Overall sales were down 4.8% in September compared to August 2022. Custom sales were down 11.3%, semi-custom sales dropped 5.6%, and stock sales decreased 3.0%. Compared to August, the estimated cabinet quantity was down 5.3%.
However, 2022 year-to-date sales remain strong compared to last year. The Trend of Business Survey shows overall cabinet sales for the first nine months were up 17.6% when compared to the same time period in 2021. Custom sales were up 16.0%, semi-custom sales increased 15.9% and stock sales increased by 19.2%. The estimated cabinet quantity decreased 0.6% according to the survey.
The KCMA Trend of Business Survey participants include stock, semi-custom, and custom companies whose combined sales represent approximately 75% of the U.S. kitchen cabinet and bath vanity market. KCMA is a major trade association for kitchen cabinet and bath vanity manufacturers and key suppliers of goods and services to the industry. The association has been compiling and reporting industry sales data for more than 40 years.
Have something to say? Share your thoughts with us in the comments below.