Cleveland OH, March 22, 2023 - According to new Freedonia Group study
Cabinets, demand for kitchen cabinets is projected to rise 2.9% annually to $20.9 billion 2026, with unit demand totaling 92 million. Gains will be supported by:
- homeowner interest in installing more and larger cabinets to provide additional storage space for foodstuffs and kitchenware
- design trends, such as kitchen islands and counter-style seating, which incorporate more cabinets into residential kitchens
- manufacturer efforts to include more amenities – such as LED lighting, pull-out shelves, and racks – in kitchen cabinets that boost their average sale price
Base cabinets accounted for the largest share of kitchen cabinet demand in 2021 and will continue to do so, due to:
- the ubiquitous nature of base cabinets being installed in kitchens
- base cabinets being the most prevalent type of cabinet used in kitchens, means that they are also the most replaced type of cabinet during kitchen remodels
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