By the Numbers: $118B, 43%, 47.6

By the Numbers is a monthly column providing facts and figures on the woodworking industry. 

By the Numbers is sponsored by IMA Schelling Group

$118.63 billion: Size of the global kitchen cabinet market by 2030, according to Mordor Intelligence. Estimated at $91.07 billion USD in 2025, the market is projected to grow at a CAGR of 5.43% during the forecast period. North America is the largest market, while Asia Pacific is the fastest growing.

43%: U.S. consumers who make more than half of their furniture purchases online, while 15% have never bought furniture online, thus giving hybrid retailers a marked advantage, says HomeByMe’s Digital Furniture Index: How Americans Buy Now. Separately, 34% plan to shop more online, while 30% say they want to visit stores more often.

47.6: National billings score for October, indicating business conditions at architecture firms remain soft to start the fourth quarter of 2025, according to the AIA/Deltek Architecture Billings Index (ABI). The ABI shows Work-on-the-Boards; an index score above 50 indicates growth, while a score below 50 shows a decrease. Regionally, billings remain relatively flat at firms in the Midwest but decline in other regions. Business conditions remain soft at firms of all specializations: commercial/industrial, institutional, and residential.

 

By the Numbers is sponsored by IMA Schelling Group

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About the author
Karen Koenig | Editor

Karen M. Koenig has more than 35 years of experience in the woodworking industry, including visits to wood products manufacturing facilities throughout North America, Europe and Asia. As senior editor, her responsibilities include writing and editing for Woodworking Network publications FDMC Magazine and Closets & Organized Storage Magazine, as well as the website. She also oversees many of Woodworking Network's special projects and programs, including Red Book: Resource Guide for Best Practice, FDMC 300, 40 Under 40, and the Wood Industry Market Leaders. She can be reached at [email protected].