U.S. – According to new research from the National Kitchen & Bath Association (NKBA), more than 10 million households remodeled their kitchen in the United States in 2015, amounting to a USD 49 billion annual industry. 

The NKBA U.S. Market Size Study also finds that consumer spending in this market ranges from an average of USD 1,024 for a simple replacement job, to over USD 19,000 for a complete remodel.

Among other findings of the report include that just under one in five kitchen remodel/replacement jobs (19 percent) were complete remodels, but they accounted for nearly half (47 percent) of the total kitchen spending, and that nearly half of the dollars spent (48 percent) on kitchen remodeling products are allocated for cabinets and appliances among other.