+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Cabinet & Vanity Manufacturing in the US - Industry Market Research Report

  • PDF Icon

    Report

  • 80 Pages
  • November 2023
  • Region: United States
  • IBISWorld
  • ID: 239501

Vanity fair: Economic conditions will encourage consumers to spend on home improvements, boosting demand

Cabinet and vanity manufacturers are highly susceptible to changes in residential construction and private spending on home improvements. Volatility in the housing market induced a turbulent five-year period for cabinet and vanity manufacturers. The outbreak of COVID-19 initially negatively impacted cabinet and vanity manufacturers, but low-interest rates and substantial fiscal stimulus bolstered demand for them as the housing market boomed in 2020 and 2021. As these interest rates rose and disposable income fell amid heightened inflation, cabinet and vanity manufacturers suffered through the end of 2023. Industry-wide revenue has been falling at a CAGR of 1.6% over the past five years and is expected to total $17.1 billion in 2023, when revenue will drop by an estimated 4.7%.

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.

Table of Contents

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • American Woodmark Corp
  • Fortune Brands Home & Security, Inc.
  • Masco Corporation
  • Conestoga Wood Specialties Corporation
  • QuakerMaid Cabinetry
  • Sherman & Gosweiler

Methodology

Loading
LOADING...