Industry Analysis & Industry Trends
During the current five-year period, the Cabinet and Vanity Manufacturing industry experienced both a contraction and recovery in revenue. The collapse of the US housing market devastated demand for industry products, which are typically installed during new home construction projects and remodeling activities. However, despite these setbacks, the industry is expected to grow over the next five years. This is because improving economic conditions will encourage consumers to resume spending on home improvement projects delayed during the recession. In addition, increased demand from homebuyers will translate into more cabinet and vanity purchases, as consumers seek to finish their new homes... purchase to read more
Industry Report - Industry Products Chapter
The Cabinet and Vanity Manufacturing industry produces a range of residential wood fixtures including cabinets, countertops and bathroom vanities in various designs and colors. IBISWorld categorizes industry products into five groups: kitchen cabinets, custom installations, bathroom vanities, countertops and other cabinetwork and accessories.
Kitchen cabinets are built-in furniture items installed in kitchens for the storage of food, cooking equipment, silverware and dishes. Appliances like refrigerators, dishwashers and ovens are often integrated with the cabinetry. This industry manufactures a variety of products made primarily from hardwood (oak, cherry or maple) and plywood. In .. purchase to read more