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Market Research Report
CABINETS (US industry forecasts for 2014 & 2019)
| Published by |
The Freedonia Group |
| Published |
August, 2010 |
Product code |
124250 |
| Content info |
332 PAGES |
| Price |
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CABINETS (US industry forecasts for 2014 & 2019) published by The Freedonia Group in August, 2010. This report consists of 332 PAGES and the price starts from US $ 4900.
Abstract
US demand to expand 7.4% annually through 2014
US demand for cabinets is forecast to expand 7.4 percent per year to $15.2
billion in 2014. Gains will be spurred by the rebound in housing completions
from the depressed levels of 2009, reflecting the sharp declines in housing
completions between 2007 and 2009. Although housing completions will remain
below the level reached at their cyclical peak in 2006, the recovery will fuel
aboveaverage gains in the residential cabinets market through 2014.
Kitchen cabinets to offer best growth opportunities
Kitchen cabinets, which represented about 80 percent of cabinet shipments in
2009, are expected to post the most rapid advances through 2014. The projected
rebound in housing completions through 2014 will drive gains. Growth will also
be supported by design trends that call for homes with more and larger-sized
cabinets to store food products and kitchen equipment. Many homeowners will
also install cabinets with such valueadded amenities as pull-out shelves,
racks and lazy Susans to enhance kitchen convenience. Shipments of bathroom
cabinets are forecast to grow at an aboveaverage pace through 2014. Advances
will primarily be supported by rebounding housing completions. Design trends
that call for homes with larger master bathrooms and larger cabinets to store
personal items and medications will also promote gains. Shipments of other
cabinets, such as those found in offices, home entertainment centers, laundry
and mud rooms, garages and other areas, are expected to rise more than three
percent annually through 2014. Advances will be promoted by increasing use of
cabinets in these areas instead of shelving.
Residential buildings to remain dominant market
Residential buildings were the largest market for cabinets in 2009, with about
three-quarters of total demand. The residential market will continue to hold
this leading position through 2014, given its greater intensity of cabinet use
compared to other markets. While new housing will lead advances, the
improvement and repair segment will continue to account for the majority of
residential demand. Not only is there a large stock of older homes requiring
cabinet replacement, but kitchen and bathroom renovation projects -- including
the replacement of cabinets -- are often undertaken by homeowners to improve
the aesthetics or add value to their homes. Through 2014, demand for cabinets
in the nonresidential market is anticipated to rise 2.8 percent annually.
Concerns about price and performance generally play a larger role in cabinet
selection than aesthetics in most nonresidential structures. Thus, cabinets
are replaced much less frequently. Growth will be derived from continued
institutional construction spending and a rebound in office and commercial
construction spending. Rising shipments of boats and recreational vehicles
from a low 2009 base will boost demand for cabinets in the nonconstruction
market.
The US cabinet industry is characterized by relatively low levels of foreign
trade, with imports accounting for less than five percent of demand in 2009
and exports approximately one percent of shipments. US foreign trade in
cabinets is limited by many factors, such as the cost of shipping fully
assembled cabinets and variations in style preferences between the US and
other countries. Through 2014, cabinet shipments are expected to rise over
seven percent per year, as domestic manufacturers increase production efforts
to meet rising demand for cabinetry.
Study coverage
This new Freedonia industry study, Cabinets, presents historical demand data
(1999, 2004 and 2009) and forecasts for 2014 and 2019 by material, product,
market and US region. The study also considers market environment factors,
evaluates company market share and profiles 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
- Improvements & Repairs
- Housing Stock
- Nonresidential Buildings
- New
- Improvements & Repairs
- Nonresidential Building Stock
- Transportation Equipment
- Historical Market Trends
- Pricing
- Regulatory Environment
- Environmental Issues
- Certification
- Other Issues
- World Cabinetry Industry
- US Foreign Trade
III. MATERIALS
- General
- Wood-Based Materials
- Lumber
- Engineered Wood
- Particleboard
- Plywood
- Medium Density Fiberboard
- Other
- Wood Veneer
- Nonwood Materials
- Decorative Laminates
- Material Characteristics
- Material Development
- Metal
- Glass & Other Materials
IV. PRODUCTS
- General
- Kitchen Cabinets
- Kitchen Cabinet Characteristics
- Shipments by Market
- Shipments by Construction Method
- Shipments by Material
- Bathroom Cabinets
- Vanities
- Vanity Characteristics
- Product Development
- Other Bathroom Cabinets
- Shipments by Material
- Other Cabinet Products
- Store Display Cabinets
- All Other Cabinets
- Entertainment Center Cabinets
- Home Office Cabinets
- Other Home Cabinets
- Garage Cabinets
- Miscellaneous Cabinets
- Shipments by Material
V. MARKETS
- General
- Demand by Market & Application
- Demand by Product & Material
- Residential
- New
- Improvement & Repair
- Demand by Material
- Demand by Housing Type
- Single-Family
- Multifamily
- Manufactured Housing
- Nonresidential
- New
- Improvement & Repair
- Demand by Material
- Demand by Building Type
- Office & Commercial
- Institutional
- Industrial & Other
- Nonconstruction
- Demand by Application
- Demand by Material
VI. REGIONS
- General
- Regional Demographic & Economic Trends
- Population Patterns
- Economic Outlook
- Regional 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
VII. INDUSTRY STRUCTURE
- General
- Industry Composition
- Market Share
- Competitive Strategies
- Product Development
- Manufacturing
- Plant Closures
- Raw Materials
- Manufacturing Technologies
- Efficiency Maximizations
- Environmental Considerations
- Marketing
- Distribution
- Mergers, Acquisitions & Cooperative Agreements
COMPANY PROFILES
- Adelphi Kitchens Incorporated
- Adorn Door, see Patrick Industries
- American Woodmark Corporation
- Aristokraft Cabinetry, see Fortune Brands
- Armstrong World Industries Incorporated
- Barbosa Cabinets Incorporated
- Bertch Cabinet Manufacturing Incorporated
- Broan-NuTone Storage Solutions, see Nortek
- Cabinetry by Karman, see Wellborn Cabinet
- Canyon Creek Cabinet Company
- Capital Cabinet, see Fortune Brands
- Cardell Kitchen and Bath Cabinetry
- Conestoga Wood Specialties Corporation
- Crystal Cabinet Works Incorporated
- Decora Cabinetry, see Fortune Brands
- Diamond Cabinetry, see Fortune Brands
- Dura Supreme Incorporated
- Elkay Manufacturing Company
- Eurodesign Cabinets, see Royal Industries
- Fortune Brands Incorporated
- Grandview Products Company Incorporated
- Groupe Cabico, see Republic National Cabinet
- Haas Cabinet Company Incorporated
- HomeCrest Cabinetry, see Fortune Brands
- Huntwood Industries
- Kemper Distinctive Cabinetry, see Fortune Brands
- Kitchen Craft Cabinetry, see Fortune Brands
- Kitchen Kompact Incorporated
- Kohler Company
- KraftMaid Cabinetry, see Masco
- Legacy Cabinets, see Republic National Cabinet
- Lozier Corporation
- Luxury Custom Cabinetry, see Wellborn Cabinet
- Marsh Furniture Company
- Masco Corporation
- MasterBrand Cabinets, see Fortune Brands
- MasterCraft Cabinets, see Elkay Manufacturing
- McConnell Cabinets Incorporated
- Medallion Cabinetry, see Elkay Manufacturing
- Merillat Industries, see Masco
- Mid Continent, see Norcraft Companies
- Norcraft Companies LP
- Nortek Incorporated
- Omega Cabinetry, see Fortune Brands
- Pace Industries Incorporated
- Patrick Industries Incorporated
- Prestige Cabinets, see RSI Holding
- Quality Cabinets, see Masco
- Republic National Cabinet Corporation
- Robern, see Kohler Company
- Royal Industries Incorporated
- RSI Holding Corporation
- Schrock Cabinetry, see Fortune Brands
- Schuler Cabinetry, see Elkay Manufacturing
- StarMark Cabinetry, see Norcraft Companies
- Sunshine Kitchens, see Republic National Cabinet
- 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
SECTION II -- MARKET ENVIRONMENT
- 1 Macroeconomic Indicators
- 2 Population & Households
- 3 Personal Consumption Expenditures
- 4 Consumer Financing Environment, 1999-2009
- 5 Residential Building Construction Expenditures
- 6 New Housing Indicators
- 7 Residential Improvement & Repair Expenditures
- 8 Housing Stock by Type
- 9 Nonresidential Building Construction Expenditures
- 10 Nonresidential Building Improvement & Repair Expenditures
- 11 Nonresidential Building Stock
- 12 Transportation Equipment Shipments
- 13 Cabinet Market, 1999-2009
- 14 US Cabinet Foreign Trade
SECTION III -- MATERIALS
- 1 Materials Used in Cabinet Production
- 2 Wood-Based Materials Used in Cabinet Production
- 3 Lumber Used in Cabinet Production
- 4 Engineered Wood Used in Cabinet Production
- 5 Wood Veneer Used 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 Cabinet Shipments by Market
- 3 Kitchen Cabinet Shipments by Construction Method
- 4 Stock Kitchen Cabinet Shipments by Market
- 5 Semicustom Kitchen Cabinet Shipments by Market
- 6 Custom Kitchen Cabinet Shipments by Market
- 7 Kitchen Cabinet Shipments by Material
- 8 Bathroom Cabinet Shipments by Market & Type
- 9 Vanity Shipments by Market
- 10 Other Bathroom Cabinet Shipments by Market
- 11 Bathroom Cabinet Shipments by Material
- 12 Other Cabinet Shipments by Market & Type
- 13 All Other Cabinet Shipments by Type
- 14 Other Cabinet Shipments by Material
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 Improvement & Repair residential Cabinet Demand by Product
- 6 Residential Cabinet Demand by Material
- 7 Residential Cabinet Demand by Housing Type
- 8 Single-Family Housing Demand for Cabinets
- 9 Multifamily Housing Demand for Cabinets
- 10 Manufactured Housing Demand for Cabinets
- 11 Nonresidential Building Cabinet Demand by Product & Application
- 12 New Nonresidential Building Cabinet Demand by Product
- 13 Improvement & Repair Nonresidential Building 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 Industrial & Other Nonresidential Building Cabinet Demand by Building
Type & Application
- 19 Nonconstruction Cabinet Demand by Product & Application
- 20 Nonconstruction Cabinet Demand by Material
SECTION VI -- REGIONS
- 1 Population by Region
- 2 Gross Domestic Product 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, 2009
- 2 Selected Cooperative Agreements
LIST OF CHARTS
SECTION II -- MARKET ENVIRONMENT
- 1 Cabinet Market, 2000-2009
- 2 Cabinet Pricing, 1999-2019
- 3 US Cabinet Imports by Source, 2009
- 4 US Cabinet Exports by Destination, 2009
SECTION III -- MATERIALS
- 1 Engineered Wood Used in Cabinet Production, 2009
SECTION VI -- REGIONS
- 1 Cabinet Demand by Region, 2009
SECTION VII -- INDUSTRY STRUCTURE
- 1 US Cabinet Market Share by Company, 2009
- 2 US Cabinet Distribution Channels, 2009
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