RESTON, VA — Sales of kitchen cabinets and bathroom vanities posted solid new gains in February, a month after opening 2023 on a solid note, the Kitchen Cabinet Manufacturers Association reported.
According to the KCMA’s latest monthly “Trend of Business Survey,” participating manufacturers reported that overall cabinet and vanity sales were up 12.8% in February compared to the same month in 2022. Gains were led by a 27.4% increase in sales of custom cabinets, while semi-custom cabinet sales rose 21.1%. In contrast, sales of stock units posted a sharp decline, off 22.4% from February of last year, according to the Reston, VA-based KCMA.
Year-to-date sales in 2023 were up 9.6% compared to the same two-month period in 2022, the trade association added.