CLEVELAND - U.S. sales of residential and commercial cabinetry are forecast to increase 8.2% annually to $15.3 billion in 2016, according to a new study by The Freedonia Group Inc.

U.S. Cabinet Sales to Hit $15.3B in 2016: Freedonia GroupExpected gains in new housing construction, though still well below the peak of 2006, will be the chief driver of residential cabinetry gains. Kitchen remodeling will also help fuel the growth of residential cabinetry demand. Residential cabinetry accounted for more than 80% of 2011 demand, according to Freedonia.

Key design trends helping push kitchen cabinet demand by an average of 8.6% per year include the need for larger cabinets to store food products and cookware and growing demand for value-added options like pull-out drawers and shelves; wine racks; and other kitchen conveniences.

Demand for bathroom cabinets is forecast to grow 6.5% per year to $1.8 billion in 2016.  Demand for other cabinets, including those found in home theaters, laundry rooms and home offices, is expected to reach $950 million. 

Freedonia said cabinets for non-residential markets, including for offices and retail spaces, should increase 6.5% annually to $2.8 billion by 2016.

 

U.S. CABINET DEMAND

(million dollars)

 

% Annual Growth

Item     

2006

2011

2016

2006-

2011

2011-

2016

 

 

 

 

 

 

Cabinet Demand

14980

10300

15300

-7.2

8.2

Kitchen

12480

8340

12600

-7.7

8.6

Bathroom

1630

1275

1750

-4.8

6.5

Other

870

685

950

-4.7

6.8

 

 

 

 

 

 

Source: The Freedonia Group Inc.

The 374-page Cabinets study, published in June 2012, is available for $5,100 from The Freedonia Group,

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