Global demand for cabinetry will reach $64 billion in 2018 on annual advances of 5.5 percent. Gains will be fueled by increasing market penetration in residential markets in developing areas as fitted kitchen and bathroom cabinets take market share from other storage choices, including shelving and freestanding furniture.
This report segments the world cabinet industry by market, material, and application. Data are provided in dollars.
World cabinet industry markets include:
Improvement & Repair
Improvement & Repair
The new residential market will see the fastest growth going forward, driven by advances in new housing construction. However, the residential improvement and repair market will remain the largest through 2018.
The vast majority of cabinets are made of wood, although some are made of metal, plastic or other materials. Wood is expected to see stronger gains through 2018.
Kitchen and bathroom applications account for most of the world market for cabinets. However, cabinets are used in various other applications, including garages, offices, and education and medical buildings.
This study provides data for 18 countries in six world regions:
Central & South America
The US will continue to see the largest demand for cabinets of any country through 2018, due to the large size of an average housing unit in the country. China will see robust ongoing advances in cabinet demand, surpassing Japan to become the second largest market for cabinets by 2018.
Most major cabinet manufacturers operate on a local or regional basis due to differing style preferences in different areas. However, some offer a range of product lines, and many are marketing their products in an increasing number of countries as style trends in certain areas become more varied. Major global cabinet producers include Alno, American Woodmark, Cleanup, MasterBrand Cabinets (Fortune Brands Home & Security), Howden Joinery, IKEA, LIXIL Group, Masco, Nobia, and nobilia.
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