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Freedonia Market Research Press Releases Sales of Cabinets in Residential Remodeling Applications to Reach 85.3 million in 2028

Sales of Cabinets in Residential Remodeling Applications to Reach 85.3 million in 2028

by Corinne Gangloff

July 26, 2024

Kitchen cabinets accounted for approximately 65% of residential cabinet value demand in 2023 and will continue to do so through 2028.

Cleveland OH, July 26, 2024 – A new report from Freedonia Group, US Cabinets, demand for residential remodeling cabinet applications is expected to reach 85.3 million cabinets in 2028, with unit growth of 1.5% per year as remodeling moderates following high levels of activity in 2021 and 2022. In value terms, cabinets are forecast to advance 2.7% annually to $22.5 billion in 2028.

Remodeling demand for cabinets will be supported by:

  • rising homeowner interest in redesigning their laundry rooms to accommodate more areas for organization and storage

  • homeowner interest in expanding the size of their kitchens – many of which will have more cabinets than were previously installed

  • homeowners looking to improve the functionality of kitchens by adding islands or bar-style seating, many of which have attached base cabinets

  • rising interest among homeowners in adding bathrooms to homes – such as part of aging-in-place or to create multigenerational living spaces – that will often have one or more cabinets for storage purposes

  • the more intensive use of amenity-filled semicustom and custom cabinets in kitchens and bathrooms to create “showpiece” rooms that impress guests and add value to the residence

  • homeowner interest in adding cabinets to other rooms of a home to reduce clutter and enhance storage options

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About The Freedonia Group

The Freedonia Group is a premier international business research company, providing clients with product analyses, market forecasts, industry trends, and market share information. From one-person consulting firms to global conglomerates, our analysts provide companies with unbiased, reliable industry market research and analysis to help them make important business decisions. The Freedonia Group’s brands also include Packaged Facts, a trusted provider of consumer market research on food & beverage, pet products and services, demographics, and financial services, and Simba Information, the leading authority for market intelligence and forecasts on the education and professional publishing industries. Find off-the-shelf studies at https://www.freedoniagroup.com/ or contact us for custom research: +1 440.842.2400.

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