Sales of kitchen cabinets and bathroom vanities, impacted by slowdowns in both the new construction and residential remodeling sectors, declined last year from their 2022 totals, the Kitchen Cabinet Manufacturers Association reported. According to the KCMA’s latest monthly “Trend of Business Survey,” released in February, participating manufacturers reported that overall cabinet and vanity sales for the year were down 2.3% compared to 2022. The decline was fueled entirely by a shortfall in sales of stock cabinets, which were down 19.4% from the prior year, according to the Reston, VA-based KCMA. By comparison, sales gains were posted for both custom (+5.0%) and semi-custom cabinets (0.5%), the KCMA reported.

Source: kcma.org