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Key Challenges and Issues facing the US Cabinets Market LONDON, UNITED KINGDOM--(MARKET WIRE)--Aug 12, 2008 -- Reportlinker.com announces that a new market research report
related to the Furniture industry is available in its catalogue. http://www.reportlinker.com/p091895/US-Cabinets-Market.html US demand to grow 3.9% annually through 2012 US demand for cabinets is forecast to expand 3.9 percent per year through 2012 (including price increases) to $18.5 billion. Building design trends that lead to greater cabinet use per residence and a rebound in new housing construction from a low base will support new residential cabinet demand. In improvement and repair applications, which are the single largest end use for cabinets, demand will be aided by ongoing growth in spending through 2012. Changing consumer preferences in cabinet design and various demographic factors -- such as an aging US population that has the financial wherewithal to finance renovation projects -- will also bolster demand. Furthermore, a rebound in new nonresidential construction expenditures, as well as a healthy outlook for renovation activity, will further contribute to gains through 2012. Residential buildings to remain dominant market Residential buildings accounted for the largest share of cabinet demand in 2007, with 81 percent. The residential market will continue to hold this leading position through 2012, given the greater intensity of cabinet use than in nonresidential and nonconstruction markets. In addition, improvement and repair activity is often aided by consumers' changing aesthetics. Through 2012, the nonresidential market is anticipated to see solid gains, supported by both new and improvement and repair spending growth. The role played by aesthetics in cabinet demand varies among the different nonresidential applications, with decorative concerns affecting decisions in retail and other consumer-oriented settings such as spas and lodging establishments, and price and performance playing a larger role in lower visibility applications such as office kitchens and industrial facilities. Nonconstruction markets will see gains, aided by modest increases in production of recreational boats and vehicles over the forecast period. Please Note: Freedonia requires that, for PDF orders, clients sign a confidentiality agreement prior to fulfillment of PDF email delivery. INTRODUCTION I. EXECUTIVE SUMMARY II. MARKET ENVIRONMENT General Macroeconomic Environment Consumer Income & Spending Personal Income & Expenditures Consumer Financing Demographic Trends Population Households Building Construction Trends Residential Construction New Housing Outlook Housing Stock Improvements & Repairs Nonresidential Construction Construction Expenditures Improvements & Repairs Nonresidential Building Stock Historical Trends Pricing Patterns Regulatory Environment Environmental Issues Certification Other Issues World Cabinetry Overview US Foreign Trade Imports Exports III. MATERIALS General Wood-Based Materials Lumber Engineered Wood Particleboard Material Characteristics Material Development Plywood Material Characteristics Material Development MDF Material Characteristics Material Development Other Wood Veneer Nonwood Materials Decorative Laminates Material Characteristics Material Development Metal, Glass & Other Metal Glass & Other Materials IV. PRODUCTS General Kitchen Cabinets Kitchen Cabinet Characteristics Shipments by Market Shipments by Construction Method Stock Semicustom Custom Shipments by Material Bathroom Cabinets Vanities Vanity Characteristics Product Development Other Bathroom Cabinets Shipments by Material Other Cabinet Products Store Display Fixtures 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 Type & Material Residential Demand by Material New Improvement & Repair Demand by Housing Type Single-Family Multifamily Manufactured Housing Nonresidential Demand by Material New Improvement & Repair Demand by Building Type Office & Commercial Institutional Industrial & Other Nonconstruction Demand by Product Type & Application Demand by Material VI. REGIONS General Regional Demographic & Economic Trends Population Patterns Economic Outlook 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 Masco MasterBrand American Woodmark RSI Holding Elkay Norcraft Other Leading Firms Competitive Strategies Product Development Manufacturing Capacity Expansion Raw Materials Manufacturing Technologies Environmental Considerations Marketing Distribution Mergers & Acquisitions Cooperative Agreements Company Profiles Adelphi Kitchens Incorporated Adorn LLC, see Patrick Industries American Woodmark Corporation Aristokraft Cabinetry, see Fortune Brands Armstrong World Industries Incorporated Aubrey Manufacturing Incorporated, see Nortek Barbosa Cabinets Incorporated Bertch Cabinet Manufacturing Incorporated Brookwood Cabinets Incorporated, see Norcraft Companies Cabinetry by Karman, see Wellborn Cabinet Canac Kitchens, see Kohler Canyon Creek Cabinet Company Capital Cabinet Corporation, see Fortune Brands Cardell Kitchen and Bath Cabinetry Conestoga Wood Specialties Corporation Crystal Cabinet Works Incorporated Cuisine Cabico Incorporated, see Republic National Cabinet Decora Cabinetry, see Fortune Brands Diamond Cabinetry, see Fortune Brands Diversified Cabinet Distributors, see Masco Dura Supreme Incorporated Elkay Manufacturing Company Eurodesign Cabinets Incorporated Fortune Brands Incorporated Grandview Products Company Incorporated Haas Cabinet Company Incorporated HomeCrest Cabinetry, see Fortune Brands Huntwood Industries Jensen Industries Incorporated, see Nortek Kemper Distinctive Cabinetry, see Fortune Brands Kitchen Craft Cabinetry, see Fortune Brands Kitchen Kompact Incorporated Kohler Company KraftMaid Cabinetry Incorporated, see Masco Legacy Cabinets LLC, see Republic National Cabinet Lozier Corporation Luxury Custom Cabinetry Group, see Wellborn Cabinet Marsh Furniture Company Masco Corporation MasterBrand Cabinets Incorporated, see Fortune Brands MasterCraft Cabinets Incorporated, see Elkay McConnell Cabinets Incorporated Medallion Cabinetry Incorporated, see Elkay Merillat Industries LLC, see Masco Mid Continent, see Norcraft Companies Mill's Pride LLP, see Masco Norcraft Companies LP Nortek Incorporated NuTone Incorporated, see Nortek Omega Cabinetry, see Fortune Brands Pace Industries Incorporated Patrick Industries Incorporated Prestige Cabinets Incorporated, see RSI Holding Republic National Cabinet Corporation Robern Incorporated, see Kohler RSI Holding Corporation Schrock Cabinetry, see Fortune Brands Schuler Cabinetry Incorporated, see Elkay StarMark Cabinetry Incorporated, see Norcraft Companies Sunshine Kitchens Incorporated, see Republic National Cabinet Texwood Industries LP, see Masco UltraCraft Company, see Norcraft Companies Viking Range Corporation Wellborn Cabinet Incorporated Woodcrafters TX LP Wood-Mode Incorporated Yorktowne Incorporated, see Elkay Other Companies Mentioned in Study LIST OF TABLES SECTION I -- EXECUTIVE SUMMARY Summary Table SECTION II -- MARKET ENVIRONMENT 1 Macroeconomic Environment 2 Personal Consumption Expenditures 3 Consumer Financing Environment, 1997-2007 4 Population & Households 5 Building Construction Expenditures 6 Residential Construction Expenditures 7 Private Housing Completions 8 Housing Stock by Type 9 Residential Improvement & Repair Expenditures 10 Nonresidential Construction Expenditures 11 Nonresidential Improvement & Repair Expenditures 12 Nonresidential Building Stock 13 Cabinet Market, 1997-2007 14 Cabinet Pricing 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, 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 Bathroom Vanity Shipments by Market 10 Other Bathroom Cabinet Shipments by Market 11 Vanity & Other 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 Type SECTION V -- MARKETS 1 Cabinet Demand by Market & Application 2 Cabinet Demand by Product Type & Material 3 Residential Cabinet Demand by Product Type & Application 4 Residential Cabinet Demand by Material 5 New Residential Cabinet Demand by Product Type 6 Residential Improvement & Repair Cabinet Demand by Product Type 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 Cabinet Demand by Product Type & Application 12 Nonresidential Cabinet Demand by Material 13 New Nonresidential Cabinet Demand by Product Type 14 Nonresidential Improvement & Repair Cabinet Demand by Product Type 15 Nonresidential 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 Type & 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 Sales for Select Cabinet Firms, 2007 2 Selected Cooperative Agreements LIST OF CHARTS SECTION II -- MARKET ENVIRONMENT 1 Year of Construction of Housing Stock, 2007 2 Cabinet Market, 1998-2007 3 Cabinet Pricing, 1997-2017 4 US Cabinet Imports by Source, 2007 5 US Cabinet Exports by Destination, 2007 SECTION III -- MATERIALS 1 Wood-Based Materials Used in Cabinet Production, 2007 2 Engineered Wood Use in Cabinet Production, 2007 SECTION IV -- PRODUCTS 1 Cabinet Shipments by Product Type, 2007 2 Kitchen Cabinet Shipments by Material, 2007 3 Bathroom Cabinet Shipments by Material, 2007 4 Other Cabinet Shipments by Material Type, 2007 SECTION V -- MARKETS 1 Cabinet Demand by Market, 2007 2 Cabinet Demand by Product Type & Material, 2007 3 Residential Cabinet Demand by Product Type, 2007 4 Residential Cabinet Demand by Material, 2007 5 Residential Cabinet Demand by Housing Type, 2007 6 Nonresidential Cabinet Demand by Product Type, 2007 7 Nonresidential Cabinet Demand by Material, 2007 8 Nonresidential Cabinet Demand by Building Type, 2007 9 Nonconstruction Cabinet Demand by Product Type, 2007 10 Nonconstruction Cabinet Demand by Material, 2007 SECTION VI -- REGIONS 1 Cabinet Demand by Region, 2007 SECTION VII -- INDUSTRY STRUCTURE 1 US Cabinet Market Share, 2007 2 US Cabinet Distribution Channels, 2007
Kitchen cabinets to continue expansion into other rooms Kitchen cabinets, which represented about 85 percent of cabinet demand in 2007, will benefit from a continuing trend toward using more cabinets per kitchen, as well as from an expanding range of kitchen cabinet styles and options. In addition, the rising use of kitchen-type cabinets in other rooms of the home (e.g., laundry rooms and media rooms) will also aid increases. Shipments of bathroom cabinets will offer slightly stronger growth prospects through 2012, supported by design trends such as larger bathrooms and a greater number of bathrooms per house, as well as by the recovery in new housing construction and ongoing gains in improvement and repair expenditures. Demand for other types of cabinets will be led by the strong performance of garage and nonoffice (e.g., laundry, hobby and mudroom) cabinets, which will benefit from the ongoing popularity of built-in cabinetry in these rooms where it has not been traditionally used. In addition, store display fixtures and other cabinets will see growth, bolstered by a healthy construction environment in the nonresidential market. Study coverage These and other findings are available in Cabinets, a new Freedonia industry study priced at $4700. It presents historical demand data for the years 1997, 2002 and 2007 plus forecasts for 2012 and 2017 by product, market and geographic region. The study also considers market environment factors, evaluates company market shares and profiles 32 industry players. To order this report: Contact: Contacts:
Reportlinker.com
Nicolas
US: (805) 652-2626 or Int: +1-805-652-2626
Email: nbo@reportlinker.com
Source: Reportlinker.com
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