US demand for cabinets is forecast to rise more than eight percent per year
through 2016. Demand will be driven by the rebound in housing completions from
their depressed 2011 base. Although housing completions will remain below the
level reached at their cyclical peak in 2006, the expected recovery will fuel
gains in the residential market through 2016.
Turnaround in residential building construction to drive gains
The residential market accounts for the largest share of cabinet demand, and
the turnaround in residential building construction spending will drive gains.
The new housing segment will register the most rapid advances going forward.
Strong growth will also be supported by the large improvement and repair
market.
The US has a large stock of older homes that will require cabinet replacement.
Kitchen and bathroom renovations are popular home improvement projects, and
the replacement of cabinetry often is a major part of these projects.
Moreover, many homeowners who were unable to engage in renovation during the
2007- 2009 recession because of tighter credit requirements and declining
house values will undertake these projects going forward as home values
rebound and economic conditions improve. The expected recovery of residential
building construction will support demand for all cabinet types through 2016.
Kitchen cabinets, which accounted for more than four-fifths of 2011 cabinet
demand, will see the most rapid growth. In addition to the rise in residential
building construction spending, demand will be boosted by design trends that
call for homes with more and larger cabinets such as for storing food products
and cookware. Homeowners desire cabinets with value-added amenities, such as
pullout shelves and drawers, wine racks, and other features that improve
kitchen convenience.
Demand for bathroom cabinets is forecast to grow in excess of six percent
annually through 2016. Designs that specify multiple bathrooms will boost
gains, as these rooms frequently include medicine cabinets and vanities.
Demand for other cabinets, such as those found in home theaters, laundry
rooms, home offices, garages, and other areas, is also expected to rise
through 2016 at a healthy pace. Homeowners will opt for cabinetry in these
rooms to offer more secure and more aesthetically pleasing storage options
compared to open shelving and free-standing furnishings.
Office & commercial sector to lead gains in nonresidential market
Through 2016, demand for cabinets in the nonresidential market is expected to
rise, driven by the rebound in nonresidential building construction spending
from a low 2011 base. The office and commercial market will lead gains, as
increasing construction of retail sites will drive demand for store display
cabinets. Increased spending on lodging, health care, and educational
construction will also support demand for cabinets, as these structures
incorporate cabinetry to provide secure storage space. In the nonconstruction
market, cabinet demand will be boosted by rebounding shipments of recreational
boats and recreational vehicles.
Study coverage
This upcoming Freedonia industry study, Cabinets, presents historical demand
data (2001, 2006 and 2011) plus forecasts for 2016 and 2021 by material,
product, market and US geographic region. The study also considers key market
environment factors, assesses the industry structure, evaluates company market
share and profiles 32 US industry competitors.
Table of Contents
INTRODUCTION
I. EXECUTIVE SUMMARY
II. MARKET ENVIRONMENT
General
Macroeconomic Environment
Demographic Trends
Consumer Trends
Personal Income & Expenditures
Consumer Financing
Building Construction
Residential Buildings
Housing Completions
Housing Stock
Improvements & Repairs
Nonresidential Buildings
New
Nonresidential Building Stock
Improvements & Repairs
Transportation Equipment Shipments
Historical Market Trends
Pricing
Regulatory Environment
Environmental Issues
Emissions Regulations
Environmental & Other Certifications
US Foreign Trade
Imports
Exports
World Cabinetry Overview
III. MATERIALS
General
Wood-Based Materials
Lumber
Engineered Wood
Particleboard
Plywood
MDF
Other
Wood Veneer
Nonwood Materials
Decorative Laminates
Material Characteristics
Material Development
Metal
Glass & Other
IV. PRODUCTS
General
Kitchen Cabinets
Kitchen Cabinet Characteristics
Demand by Market
Demand by Construction Method
Stock
Semicustom
Custom
Demand by Material
Bathroom Cabinets
Vanities
Other Bathroom Cabinets
Demand by Material
Other Cabinet Products
Store Display Cabinets
All Other Cabinets
Entertainment Center Cabinets
Home Office Cabinets
Garage Cabinets
Other Home Cabinets
Miscellaneous Cabinets
Demand by Material
V. MARKETS
General
Demand by Market & Application
Demand by Product & Material
Residential
New
Improvements & Repairs
Demand by Material
Demand by Housing Type
Single-Family
Multifamily
Manufactured Housing
Nonresidential
New
Improvements & Repairs
Demand by Material
Demand by Building Type
Office & Commercial
Institutional
Other
Nonconstruction
Demand by Application
Demand by Material
VI. REGIONS
General
Regional Demographic & Economic Trends
Economic Outlook
Population Patterns
Construction Activity
Housing Trends
Regional Demand for Cabinets
Northeast
New England
Middle Atlantic
Midwest
East North Central
West North Central
South
South Atlantic
East South Central
West South Central
West
Mountain
Pacific
VII. INDUSTRY STRUCTURE
General
Industry Composition
Market Share
Competitive Strategies
Product Development
Manufacturing
Plant Closures
Raw Materials
Manufacturing Technologies
Marketing
Distribution
Mergers & Acquisitions & Cooperative Agreements
COMPANY PROFILES
Adelphi Kitchens Incorporated
Adorn Door, see Patrick Industries
American Woodmark Corporation
Aristokraft Cabinetry, see Fortune Brands Home & Security
Armstrong World Industries Incorporated
Barbosa Cabinets Incorporated
Bertch Cabinet Manufacturing Incorporated
Broan-NuTone Storage Solutions, see Nortek
Canyon Creek Cabinet, see Sumitomo Forestry
Cardell Kitchen and Bath Cabinetry
Conestoga Wood Specialties Corporation
Crystal Cabinet Works Incorporated
Decora Cabinetry, see Fortune Brands Home & Security
Diamond Cabinetry, see Fortune Brands Home & Security
Dura Supreme Incorporated
Elkay Manufacturing Company
EuroCraft Cabinets, see Republic National Cabinet
Eurodesign Cabinets, see Royal Industries
Fortune Brands Home & Security Incorporated
Grandview Products Company Incorporated
Groupe Cabico Incorporated
Haas Cabinet Company Incorporated
Homecrest Cabinetry, see Fortune Brands Home & Security
Huntwood Industries Incorporated
Impresa Technologies, see Conestoga Wood Specialties
Kemper Distinctive Cabinetry, see Fortune Brands Home & Security
Kitchen Craft Cabinetry, see Fortune Brands Home & Security
Kitchen Kompact Incorporated
Kohler Company
KraftMaid Cabinetry, see Masco
Legacy Cabinets, see Republic National Cabinet
Lozier Corporation
Marsh Furniture Company
Masco Corporation
MasterBrand Cabinets, see Fortune Brands Home & Security
MasterCraft Cabinets, see Elkay Manufacturing
Medallion Cabinetry, see Elkay Manufacturing
Merillat Industries, see Masco
Mid Continent Cabinetry, see Norcraft Companies
Norcraft Companies LP
Nortek Incorporated
Omega Cabinetry, see Fortune Brands Home & Security
Pace Industries Incorporated
Patrick Industries Incorporated
Quality Cabinets, see Masco
Republic National Cabinet Corporation
Robern, see Kohler
Royal Industries Incorporated
RSI Holding Corporation
Schrock Cabinetry, see Fortune Brands Home & Security
Schuler Cabinetry, see Elkay Manufacturing
StarMark Cabinetry, see Norcraft Companies
Sumitomo Forestry Company Limited
UltraCraft, see Norcraft Companies
Viking Range Corporation
Wellborn Cabinet Incorporated
Woodcrafters Home Products LLC
Wood-Mode Incorporated
Yorktowne, see Elkay Manufacturing
Additional Companies Mentioned in Study
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
Summary Table
SECTION II -- MARKET ENVIRONMENT
1 Macroeconomic Indicators
2 Population & Households
3 Personal Consumption Expenditures
4 Consumer Financing Environment, 2001-2011
5 Building Construction Expenditures
6 Residential Building Construction Expenditures
7 New Housing Indicators
8 Housing Stock by Type
9 Residential Improvement & Repair Expenditures
10 Nonresidential Building Construction Expenditures
11 Nonresidential Building Stock
12 Nonresidential Building Improvement & Repair Expenditures
13 Transportation Equipment Shipments
14 US Cabinet Market, 2001-2011
15 US Cabinet Foreign Trade
SECTION III -- MATERIALS
1 Materials Used in Cabinet Production
2 Wood-Based Materials Used in Cabinet Production
3 Lumber Use in Cabinet Production
4 Engineered Wood Use in Cabinet Production
5 Wood Veneer Use in Cabinet Production
6 Nonwood Materials Used in Cabinet Production
7 Decorative Laminates Used in Cabinet Production
8 Metal Used in Cabinet Production
9 Glass & Other Materials Used in Cabinet Production
SECTION IV -- PRODUCTS
1 Cabinet Supply & Demand
2 Kitchen Cabinets Demand by Market
3 Kitchen Cabinet Demand by Construction Method
4 Stock Kitchen Cabinet Demand by Market
5 Semicustom Kitchen Cabinet Demand by Market
6 Custom Kitchen Cabinet Demand by Market
7 Kitchen Cabinet Demand by Material
8 Bathroom Cabinet Demand by Market & Type
9 Bathroom Vanity Demand by Market
10 Other Bathroom Cabinet Demand by Market
11 Vanity & Other Bathroom Cabinet Demand by Material
12 Other Cabinet Demand by Market & Type
13 All Other Cabinet Demand by Type
14 Other Cabinet Demand by Material Type
SECTION V -- MARKETS
1 Cabinet Demand by Market & Application
2 Cabinet Demand by Product & Material
3 Residential Cabinet Demand by Product & Application
4 New Residential Cabinet Demand by Product
5 Residential Improvement & Repair Cabinet Demand by Product
6 Residential Cabinet Demand by Material
7 Residential Cabinet Demand by Housing Type
8 Single-Family Housing Cabinet Demand by Application
9 Multifamily Housing Cabinet Demand by Application
10 Manufactured Housing Cabinet Demand by Application
11 Nonresidential Building Cabinet Demand by Product & Application
12 New Nonresidential Building Cabinet Demand by Product
13 Nonresidential Building Improvement & Repair Cabinet Demand by Product
14 Nonresidential Building Cabinet Demand by Material
15 Nonresidential Building Cabinet Demand by Building Type
16 Office & Commercial Cabinet Demand by Application
17 Institutional Cabinet Demand by Application
18 Other Nonresidential Building Cabinet Demand by Building Type &
Application
19 Nonconstruction Cabinet Demand by Product Type & Application
20 Nonconstruction Cabinet Demand by Material
SECTION VI -- REGIONS
1 Gross Domestic Product by Region
2 Population by Region
3 Construction Expenditures by Region
4 Regional Housing Indicators
5 Cabinet Demand by Region
6 Northeast Cabinet Demand by Subregion & Market
7 Midwest Cabinet Demand by Subregion & Market
8 South Cabinet Demand by Subregion & Market
9 West Cabinet Demand by Subregion & Market
SECTION VII -- INDUSTRY STRUCTURE
1 US Cabinet Revenues for Selected Manufacturers, 2011
