World Cabinets

Increases will be driven primarily by robust growth in developing regions, as cabinets increase their market share in residential markets over other storage options such as freestanding furniture and shelves.

World demand to rise 5.5% annually through 2018

Global demand for cabinets is projected to exceed $64 billion in 2018 on advances of 5.5 percent per year. Increases will be driven primarily by robust growth in developing regions, as cabinets increase their market penetration in residential markets at the expense of other storage options such as freestanding furniture and shelves. An additional boost to global expenditures on cabinets will come from a recovery in demand in developed countries, where building construction was depressed as many countries faced economic downturns.

Key US market to see strong increases in demand

The United States, the world’s largest market for cabinets, will see strong increases in demand through the forecast period. Following the collapse in US housing construction that began in 2006, cabinet demand declined for several years. A recovery in building construction spending, particularly in the residential market, will boost US cabinet demand at an annual rate of growth exceeding the industry average. In addition to stronger construction activity, interest in more expansive kitchen and bathroom designs will boost unit demand for cabinets in the US, while rising interest in premium features and finishes will support value growth.

Asia/Pacific region to claim nearly one-third of global demand

The Asia/Pacific region will be the largest regional consumer of cabinets in 2018, when sales are expected to reach nearly one-third of the global total. The Asia/Pacific region will also see a very strong annual rate of growth through 2018, fueled by rapid demand increases in developing countries, primarily China and India. China is expected to continue to see the fastest increases in cabinet demand of any country, surpassing Japan to become the second largest global cabinet market. Rapid growth in installations of cabinets in new and existing homes, as well as in nonresidential buildings, will support the robust demand in China.

Western Europe, the largest regional market for cabinets in 2013, is expected to recover through 2018 from the declines suffered during the economic recession. However, by that year it will be surpassed by both the Asia/Pacific region and North America, which can expect more rapid growth. Western Europe’s intensive cabinet use and continued interest in high-end features will support the recovery in demand in spite of expected stagnating housing completions in some countries.

Study coverage

This Freedonia industry study analyzes the World Cabinets industry. It presents historical demand data (2003, 2008 and 2013) and forecasts (2018 and 2023) by market (residential, nonresidential), application (e.g., kitchen, bathroom), world region, and for 18 countries. The study also considers market environment factors, details industry structure, evaluates company market share, and profiles 31 industry players, including LIXIL Group, MasterBrand Cabinets, and IKEA.

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Table of Contents

INTRODUCTION

EXECUTIVE SUMMARY

MARKET ENVIRONMENT

General

World Economic Overview

Recent Historical Trends

World Economic Outlook

World Demographic Overview

Per Capita Gross Domestic Product

World Building Construction Outlook

Residential

Housing Stock

New Housing Units

Nonresidential

Environmental & Regulatory Issues

Environmental Issues

Emissions Regulations

Green Building Standards

Pricing Trends

OVERVIEW

Demand by Region

Relationship Between Per Capita Income & Cabinet Demand

Demand by Market

Residential

Nonresidential

Demand by Material

Wood-Based Materials

Non-Wood Materials

Demand by Application

Kitchen Cabinet Demand by Region

Bathroom Cabinet Demand by Region

Other Cabinet Demand by Region

Shipments by Region

International Trade

NORTH AMERICA

North America: Cabinet Supply & Demand

North America: Cabinet Demand by Market

North America: Cabinet Demand by Application

United States

Canada

Mexico

WESTERN EUROPE

Western Europe: Cabinet Supply & Demand

Western Europe: Cabinet Demand by Market

Western Europe: Cabinet Demand by Application

Germany

Italy

United Kingdom

France

Spain

Netherlands

Other Western Europe

ASIA/PACIFIC

Cabinet Supply & Demand

Cabinet Demand by Market

Cabinet Demand by Application

Japan

China

South Korea

Australia

India

Other Asia/Pacific

OTHER REGIONS

Central & South America

Brazil

Other Central & South America

Eastern Europe

Russia

Poland

Other Eastern Europe

Africa/Mideast

Turkey

Other Africa/Mideast

INDUSTRY STRUCTURE

General

Industry Composition

Market Share

Competitive Strategies

Manufacturing & Development

Mergers & Acquisitions

Cooperative Agreements

Company Profiles

Acop Components, see LUBE Industries

AFG Küchen, see ALNO

ALNO AG

American Standard Brands, see LIXIL Group

American Woodmark Corporation

Ballingslöv International AB

bau-for-mat Küchen GmbH & Company KG

Boloni Home Decor Beijing Limited

Borgo Antico, see LUBE Industries

Bruynzeel Keukens BV

Burgbad, see Eczacibasi Holding

Burger Küchenmöbel, see bau-for-mat Küchen

Cleanup Corporation

Eczacibasi Holding Company

Européenne de Meubles en Kit SNC, see Société Alsacienne de Meubles

EWE Küchen, see Nobia

FM Küchen, see Nobia

Fortune Brands Home & Security Incorporated

Fournier SA

Gower Furniture, see Nobia

Grupo Bertolini S/A

Hanssem Company Limited

Howden Joinery Group plc

Hygena Cuisines, see Nobia

INGKA Holding BV

Inter IKEA Holding SA

Itatiaia Móveis S/A

JKE Design A/S, see Ballingslöv International

Kohler Company

Kvik A/S, see Ballingslöv International

LIXIL Group Corporation

LUBE Industries srl

Magnet, see Nobia

Maria Furniture Factory

Masco Corporation

MasterBrand Cabinets, see Fortune Brands Hom & Security

Mid Continent Cabinetry, see Norcraft Companies

Moores Furniture Group, see Masco

Multiform A/S, see Ballingslöv International

Nobia AB

nobilia-Werke J. Stickling GmbH & Company KG

Norcraft Companies Incorporated

Oppein Home Group Incorporated

Poggenpohl Möbelwerke, see Nobia

Rixonway Kitchens, see Nobia

Robern, see Kohler

SABAG AG

SALM, see Société Alsacienne de Meubles

Scavolini SpA

Schüller Möbelwerk KG

Société Alsacienne de Meubles SAS

StarMark Cabinetry, see Norcraft Companies

Symphony Group plc

UltraCraft Cabinetry, see Norcraft Companies

Urban Effects, see Norcraft Companies

Veneta Cucine SpA

Woodcrafters Home Products, see Fortune Brands Home & Security

Additional Companies Mentioned in the Study

List of Tables

EXECUTIVE SUMMARY

Summary Table

MARKET ENVIRONMENT

World Gross Domestic Product by Region

World Population by Region

World Per Capita Gross Domestic Product by Region

World Building Construction Expenditures by Region

World Residential Building Construction Expenditure by Region

World Housing Stock by Region

World New Housing Units by Region

World Nonresidential Building Construction Expenditure by Region

OVERVIEW

World Cabinet Demand by Region

World Cabinet Demand by Market

World Cabinet Demand by Material

World Cabinet Demand by Application

Kitchen Cabinet Demand by Region

Bathroom Cabinet Demand by Region

Other Cabinet Demand by Region

World Cabinet Shipments by Region

World Cabinets Net Exports & Stock Change by Region

NORTH AMERICA

North America: Cabinet Supply & Demand

North America: Cabinet Demand by Market

North America: Cabinet Demand by Application

United States: Cabinet Supply & Demand

United States: Cabinet Demand by Market

United States: Cabinet Demand by Application

Canada: Cabinet Supply & Demand

Canada: Cabinet Demand by Market

Canada: Cabinet Demand by Application

Mexico: Cabinet Supply & Demand

Mexico: Cabinet Demand by Market

Mexico: Cabinet Demand by Application

WESTERN EUROPE

Western Europe: Cabinet Supply & Demand

Western Europe: Cabinet Demand by Market

Western Europe: Cabinet Demand by Application

Germany: Cabinet Supply & Demand

Germany: Cabinet Demand by Market

Germany: Cabinet Demand by Application

Italy: Cabinet Supply & Demand

Italy: Cabinet Demand by Market

Italy: Cabinet Demand by Application

United Kingdom: Cabinet Supply & Demand

United Kingdom: Cabinet Demand by Market

United Kingdom: Cabinet Demand by Application

France: Cabinet Supply & Demand

France: Cabinet Demand by Market

France: Cabinet Demand by Application

Spain: Cabinet Supply & Demand

Spain: Cabinet Demand by Market

Spain: Cabinet Demand by Application

Netherlands: Cabinet Supply & Demand

Netherlands: Cabinet Demand by Market

Netherlands: Cabinet Demand by Application

Other Western Europe: Cabinet Supply & Demand

Other Western Europe: Cabinet Demand by Market

Other Western Europe: Cabinet Demand by Application

ASIA/PACIFIC

Asia/Pacific: Cabinet Supply & Demand

Asia/Pacific: Cabinet Demand by Market

Asia/Pacific: Cabinet Demand by Application

Japan: Cabinet Supply & Demand

Japan: Cabinet Demand by Market

Japan: Cabined Demand by Application

China: Cabinet Supply & Demand

China: Cabinet Demand by Market

China: Cabinet Demand by Application

South Korea: Cabinet Supply & Demand

South Korea: Cabinet Demand by Market

South Korea: Cabinet Demand by Application

Australia: Cabinet Supply & Demand

Australia: Cabinet Demand by Market

Australia: Cabinet Demand by Application

India: Cabinet Supply & Demand

India: Cabinet Demand by Market

India: Cabinet Demand by Application

Other Asia/Pacific: Cabinet Supply & Demand

Other Asia/Pacific: Cabinet Demand by Market

Other Asia/Pacific: Cabinet Demand by Application

OTHER REGIONS

Central & South America: Cabinet Supply & Demand

Central & South America: Cabinet Demand by Market

Central & South America: Cabinet Demand by Application

Brazil: Cabinet Supply & Demand

Brazil: Cabinet Demand by Market

Brazil: Cabinet Demand by Application

Other Central & South America: Cabinet Supply & Demand

Other Central & South America: Cabinet Demand by Market

Other Central & South America: Cabinet Deman by Application

Eastern Europe: Cabinet Supply & Demand

Eastern Europe: Cabinet Demand by Market

Eastern Europe: Cabinet Demand by Application

Russia: Cabinet Supply & Demand

Russia: Cabinet Demand by Market

Russia: Cabinet Demand by Application

Poland: Cabinet Supply & Demand

Poland: Cabinet Demand by Market

Poland: Cabinet Demand by Application

Other Eastern Europe: Cabinet Supply & Demand

Other Eastern Europe: Cabinet Demand by Market

Other Eastern Europe: Cabinet Demand by Application

Africa/Mideast: Cabinet Supply & Demand

Africa/Mideast: Cabinet Demand by Market

Africa/Mideast: Cabinet Demand by Application

Turkey: Cabinet Supply & Demand

Turkey: Cabinet Demand by Market

Turkey: Cabinet Demand by Application

Other Africa/Mideast: Cabinet Supply & Demand

Other Africa/Mideast: Cabinet Demand by Market

Other Africa/Mideast: Cabinet Demand by Application

INDUSTRY STRUCTURE

Cabinet Sales for Selected Manufacturers, 2013

Selected Acquisitions & Divestitures

Selected Cooperative Agreements

List of Charts

OVERVIEW

World Cabinet Demand by Region, 2013

Gross Domestic Product Per Capita & Cabinet Deman Per Capita, 2013

Interregional Trade in Cabinets, 2013

NORTH AMERICA

North America: Cabinet Demand by Country, 2013

WESTERN EUROPE

Western Europe: Cabinet Demand by Country, 2013

ASIA/PACIFIC

Asia/Pacific: Cabinet Demand by Country, 2013

INDUSTRY STRUCTURE

World Cabinet Market Share, 2013

World Cabinets

Increases will be driven primarily by robust growth in developing regions, as cabinets increase their market share in residential markets over other storage options such as freestanding furniture and shelves.

World demand to rise 5.5% annually through 2018

Key US market to see strong increases in demand

Asia/Pacific region to claim nearly one-third of global demand

Study coverage

Purchase World Cabinets by the Section

World Cabinets

1 INTRODUCTION

2 EXECUTIVE SUMMARY

Table | WORLD CABINET DEMAND

3 MARKET ENVIRONMENT

3.1 General

3.2 World Economic Overview

3.2.1 Recent Historical Trends

3.2.2 World Economic Outlook

Table | WORLD GROSS DOMESTIC PRODUCT BY REGION

3.3 World Demographic Overview

Table | WORLD POPULATION BY REGION

3.4 Per Capita Gross Domestic Product

Table | WORLD PER CAPITA GROSS DOMESTIC PRODUCT BY REGION

3.5 World Building Construction Outlook

Table | WORLD BUILDING CONSTRUCTION EXPENDITURES BY REGION

3.5.1 Residential

Table | WORLD RESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES BY REGION

3.5.2 Housing Stock

Table | WORLD HOUSING STOCK BY REGION

3.5.3 New Housing Units

Table | WORLD NEW HOUSING UNITS BY REGION

3.5.4 Nonresidential

Table | WORLD NONRESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES BY REGION

3.6 Environmental & Regulatory Issues

3.6.1 Environmental Issues

3.6.2 Emissions Regulations

3.6.3 Green Building Standards

3.7 Pricing Trends

4 OVERVIEW

4.1 Demand by Region

Table | WORLD CABINET DEMAND BY REGION

CHART III-1 WORLD CABINET DEMAND BY REGION, 2013

4.2 Relationship Between Per Capita Income & Cabinet Demand

CHART III-2 GROSS DOMESTIC PRODUCT PER CAPITA & CABINET DEMAND PER CAPITA, 2013

4.3 Demand by Market

Table | WORLD CABINET DEMAND BY MARKET

4.3.1 Residential

4.3.2 Nonresidential

4.4 Demand by Material

Table | WORLD CABINET DEMAND BY MATERIAL

4.4.1 Wood-Based Materials

4.4.2 Non-Wood Materials

4.5 Demand by Application

Table | WORLD CABINET DEMAND BY APPLICATION

4.5.1 Kitchen Cabinet Demand by Region

Table | KITCHEN CABINET DEMAND BY REGION

4.5.2 Bathroom Cabinet Demand by Region

Table | BATHROOM CABINET DEMAND BY REGION

4.5.3 Other Cabinet Demand by Region

Table | OTHER CABINET DEMAND BY REGION

4.6 Shipments by Region

Table | WORLD CABINET SHIPMENTS BY REGION

4.7 International Trade

Table | WORLD CABINETS NET EXPORTS & STOCK CHANGE BY REGION

CHART III-3 INTERREGIONAL TRADE IN CABINETS, 2013

5 NORTH AMERICA

5.1 North America: General

5.2 North America: Cabinet Supply & Demand

Table | NORTH AMERICA: CABINET SUPPLY & DEMAND

CHART IV-1 NORTH AMERICA: CABINET DEMAND BY COUNTRY, 2013

5.3 North America: Cabinet Demand by Market

Table | NORTH AMERICA: CABINET DEMAND BY MARKET

5.4 North America: Cabinet Demand by Application

Table | NORTH AMERICA: CABINET DEMAND BY APPLICATION

5.5 United States

5.5.1 United States: General

5.5.2 United States: Cabinet Supply & Demand

Table | UNITED STATES: CABINET SUPPLY & DEMAND

5.5.3 United States: Cabinet Demand by Market

Table | UNITED STATES: CABINET DEMAND BY MARKET

5.5.4 United States: Cabinet Demand by Application

Table | UNITED STATES: CABINET DEMAND BY APPLICATION