LOS ANGELES, CA — The cabinet and vanity manufacturing industry is expected to rise 8.6% in 2012, according to a new market research report from IBISWorld, driven by an anticipated increase in consumer spending and a stable housing market.

IBISWorld analyst Andrea Alegria also predicts steady industry growth for the next five years based on housing demand from a large portion of the population reaching first-time homebuyer status as well as pent-up demand from homeowners who postponed cabinet remodeling projects during the economic downturn.

For more information about the report, visit IBISWorld.com.