RESTON, VA — Sales of kitchen cabinets and bathroom vanities continued to defy market headwinds and a marked slowdown in new construction, residential remodeling, and home sales, continuing their yearlong upward trajectory through October, the Kitchen Cabinet Manufacturers Association reported.
According to the KCMA’s latest monthly Trend of Business Survey, participating manufacturers reported an increase of 14.6% in overall cabinet and vanity sales in October compared to October of 2021. Custom cabinet/vanity sales were up 20.2% over the same month the previous year, while sales of semi-custom units gained 24.5% and stock cabinet sales rose 6.9%, the Reston, VA-based KCMA said.
Year-to-date sales also remained robust through the first ten months of 2022, up 17.3% over January through October of 2021, according to the KCMA, which reported year-to-date gains in custom (+16.4%), semi-custom (+16.8%) and stock units (+17.0%).