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The Catalina Research Kitchen Cabinet and Countertop Industry Report

Catalina Research’s Kitchen Cabinet and Countertop Industry Report is an excellent market data resource. This report provides current industry information, including industry size, growth prospects, and regional retail sales. It also describes pertinent business trends. You can find potential opportunities and threats to your business using its analysis.

The report covers vital figures in the US and Canadian kitchen cabinet and countertop industries. It also includes a thorough examination of their tactics. The report also discusses market dynamics, such as motivators, inhibitors, opportunities, and difficulties. The market for kitchen cabinets and countertops in the US and Canada is also thoroughly examined regionally in the report.

According to the report, the Asia Pacific region will experience the fastest growth rate during the forecast period. Emerging economies like China and India will be the region’s leading drivers. Because of the rising demand for quartz worktops, the Chinese market is anticipated to expand faster. With 15% of the global natural stone reserve or 46 billion cubic meters, India also ranks fourth in the natural stone trade.

In addition, a country-by-country analysis of market demand for cabinets, countertops, and accessories for kitchens and bathrooms is provided in the Kitchen Cabinet and Countertop Industry Report by Catalina Research. It includes comprehensive market segmentation by style, type, and manufacturer for kitchen and bathroom cabinet shipments. Additionally, it provides comparative pricing by nation.

The manufacturing of wood kitchen cabinets and countertops is one of many businesses and industries in the United States covered in the report. In addition to historical industry data from 2011 through 2024 and forecasts through 2024, it contains more than 100 data sets. Detailed information about product lines, plant utilization, and trend analysis are also included. Additionally, market size and trends by the state are covered.

Sales of new homes and home renovations will be the industry’s main expansion drivers. According to projections from the National Kitchen and Bath Association, the residential kitchen and bathroom market is expected to grow by 4.1% this year. Additionally, Canadian consumers are becoming more interested in modernizing the appearance of their kitchens. The kitchen is also changing as a result of the Internet of Things. Consumers are more likely to spend on kitchen accessories like cabinets and countertops as they become wealthier.

Over the next three years, the demand for kitchen cabinets is anticipated to rise due to rising global demand. The global market will surpass $17.1 billion and sell 101.8 million units by 2023. Tall kitchen cabinets will experience the fastest growth, while base cabinets will experience annual growth of 5.2%. As a result, the market, particularly for high-end models, will be competitive soon.

The countertop market is expected to expand further in the coming years, with demand expected to increase by 2.3% annually. The market is anticipated to grow to 500 million square meters by 2021. As more people opt for larger kitchens and multiple bathrooms, residential remodeling projects drive this growth. Demand for countertops will also rise due to the commercial and retail sectors.