by Corinne Gangloff
February 10, 2020
Demand for kitchen cabinets is projected to rise 4.6% annually to $17.3 billion 2023, with unit demand totaling 101.8 million. Gains will be supported by:
More information regarding the Cabinets study is here: https://www.freedoniagroup.com/industry-study/cabinets-3772.htm
Base cabinets accounted for the largest share of kitchen cabinet demand in 2018 and will continue to do so through 2023. However, tall and wall cabinets will post the more rapid demand gains as consumers increasingly opt for these cabinets (instead of such options as open shelving and racks) to provide increased storage space.
Demand for tall cabinets is expected to rise at the most rapid pace of all cabinet types, growing 5.0% annually to $2.8 billion in 2023. Demand for these cabinets will be boosted by:
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