CABINET SALES UP 9.2% FOR FEBRUARY 2020
RESTON, VA . . . According to the Kitchen Cabinet Manufacturers Association (KCMA)’s monthly Trend of Business Survey, participating cabinet manufacturers reported an increase in cabinet sales of 9.2% for February 2020 compared to the same month in 2019. Custom sales increased slightly at 5.6%, semi-custom increased 3%, and stock sales were up 14.5%.
The monthly numbers were also positive with an overall increase of 10.5% compared to January. Custom sales were up 10.5%; semi-custom increased 14%, and stock sales increased 8.3%.
Year-to-date cabinet sales are up 7% overall with custom sales up 7%, semi-custom sales up 1%, and stock sales up 11.4%.
Survey participants include stock, semi-custom, and custom companies whose combined sales represent approximately 70 percent of the U.S. kitchen cabinet and bath vanity market. KCMA is the major trade association for kitchen cabinet and bath vanity manufacturers and key suppliers of goods and services to the industry. All major U.S. cabinet manufacturing companies belong to KCMA. Sixty-three percent of KCMA cabinet manufacturer members report sales below $10 million annually, reflecting the importance of small manufacturers in the industry. KCMA has been compiling and reporting industry sales data for more than forty years.