During the current five-year period, the Cabinet and Vanity Manufacturing industry experienced both a contraction and recovery in revenue. The collapse of the US housing market devastated demand for industry products, which are typically installed during new home construction projects and remodeling activities. However, despite these setbacks, the industry is expected to grow over the next five years. This is because improving economic conditions will encourage consumers to resume spending on home improvement projects delayed during the recession. In addition, increased demand from homebuyers will translate into more cabinet and vanity purchases, as consumers seek to finish their new homes.
Operators in this industry manufacture kitchen cabinets, bathroom vanities and countertops, primarily made of wood or wood coverings. Manufacturers then distribute these products to wholesalers, contract outfitters and home improvement stores throughout the United States.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.