Cabinetry & countertop trends & forecasts: Wood Industry Almanac
Following a year of growth, kitchen cabinet demand in the United States is projected to increase 5.9% per year to $17.1 billion in 2021, according to the recent Cabinets Market in the U.S. study by The Freedonia Group. Tall kitchen cabinets are projected to reach a value of $3.2 billion in 2021 on annual advances of 7.7%, with base cabinets projected at 5.2% annual growth. Meanwhile, U.S. demand for countertops is forecast to rise just over 2% annually through 2022 to 803 mil