Kitchen Cabinet Demand to Grow 5.9% Annually to 2021

Nov 7, 2017 | Markets | 0 comments

USA – Kitchen cabinet demand in the US is forecast to grow 5.9% per year to USD 17.1 billion in 2021. Tall kitchen cabinets will be the fastest growing as design trends and consumer preferences increasingly favor these products.

757FREDONIA Both base and wall kitchen cabinets will post strong gains going forward, with base cabinets continuing to account for the majority of kitchen cabinet demand. These and other trends are presented in Cabinets Market in the US, 10th Edition, a new study from The Freedonia Group, a Cleveland-based industry research firm.

Tall kitchen cabinets are projected to reach a value of USD 3.2 billion in 2021 on annual advances of 7.7%. Tall cabinets are characterized as floor-to-ceiling, typically exceeding seven feet in height. According to analyst Matt Hurley, “Tall cabinets are rising in popularity due to the need for more storage as Americans continue to prepare more of their own meals rather than dine outside of the home.” However, further growth will be limited by the high cost of these products and the limited space in many kitchens, recreational vehicles, and nonresidential buildings.

Base cabinets, installed just above the floor, are expected to see 5.2% annual growth through 2021. Base cabinet demand will benefit from the continuing trend of larger kitchens.

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