Cabinet & Vanity Manufacturing in the US
The Cabinet and Vanity Manufacturing industry, which includes only products manufactured primarily from wood, has grown moderately over the past five years. The industry generates the vast majority of its revenue from new housing and residential renovation projects. Consequently, it boomed early in the period as the US housing market continued its long recovery from the earlier crash. Overall, over the five years to 2018, industry revenue is expected to increase at an annualized rate of 2.6% to $15.8 billion, including 0.8% growth projected over 2018 alone. The industry is expected to grow much more slowly over the next five years. Although continued growth in housing starts will maintain demand for cabinets and countertops, a slowdown in home improvement spending will limit the industry's potential.
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.
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