Posts Tagged ‘KCMA’
KCMA survey: March cabinet sales up 1.6 percent
According to the Kitchen Cabinet Manufacturers Association’s monthly Trend of Business Survey, cabinet sales for March 2012 increased 1.6 percent compared to sales for March 2011.
The survey also found that stock cabinet sales increased 4.1 percent, semi-custom sales increased 1.0 percent and custom sales decreased 8.1 percent. Year-to-date sales increased 3 percent, with stock sales up 5.8 percent, semi-custom sales up 2.7 percent and custom sales down 9.1 percent.
For more on this monthly survey, visit www.kcma.org.
KCMA survey finds cabinet sales drop 1.7 percent in 2011
According to the Kitchen Cabinet Manufacturers Association’s monthly Trend of Business Survey, participating cabinet manufacturers reported cabinet sales of $4.4 billion for 2011, down 1.7 percent compared to total cabinet sales for 2010.
Stock cabinet sales decreased 3.2 percent in 2011 from 2010; semi-custom sales remained the same as in 2010; and custom sales fell 3 percent from 2010.
December 2011 monthly cabinet sales were down 1.9 percent compared to December 2010. Stock cabinet sales fell 1.7 percent from November 2011, semi-custom sales fell 0.7 percent, and custom sales dropped 9.3 percent compared to December 2010. For more on the survey, please visit www.kcma.org.
Cabinet sales rose for November 2011, KCMA survey finds
According to participating members in the Kitchen Cabinet Manufacturers Association’s monthly Trend of Business Survey, cabinet sales for November 2011 increased 3.6 percent compared to cabinet sales for November 2010.
Stock cabinet sales decreased by 0.4 percent; semi-custom sales increased 8.1 percent and custom sales increased by 0.2 percent, according to the survey. Year-to-date, cabinet sales decreased 1.4 percent, with stock sales down 3.5 percent, semi-custom sales up 0.8 percent, and custom cabinet sales down 2.3 percent. For more on this survey, visit www.kcma.org.
Cabinet sales up 2.3 percent in September 2011, KCMA survey finds
The Kitchen Cabinet Manufacturers Association, www.kcma.org, conducted its monthly Trend of Business Survey of member companies, which found September 2011 cabinet sales increased 2.3 percent compared to sales for September 2010.
Stock cabinet sales decreased by 1.3 percent, semi-custom sales increased by 5.7 percent, and custom sales increased by 2.7 percent. Year-to-date sales fell 2.2 percent, with stock sales down 4.3 percent, semi-custom sales unchanged from 2010, and custom sales down 3.5 percent.
KCMA releases kitchen, bath wood-based cabinet market size research
The Kitchen Cabinet Manufacturers Association released results of its market research project, which found the total kitchen and bath cabinet market to be worth $6.997 billion in the U.S., wood-based residential cabinet market for the year ending 2010.
The study combined information from existing KCMA member companies and other third-party sources, such as trade magazine reports, government data and industry association data. A KCMA Task Force comprised of industry marketing experts reviewed 2009 data from each of the independent sources to produce a market size estimate for 2009. The 2009 data was selected because it represented a complete data set from each of the sources noted above for that fiscal year.
“Lacking a perfect, single source, we believe that this methodology and definition of the market size provides the most timely and best estimate for the U.S., wood-based, residential cabinet market,” said KCMA president, Greg Stoner.
The Task Force then used the KCMA monthly “Trend of Business” report of 82 companies to calculate a market change percentage from 2009 to 2010. KCMA’s TOB report includes data from 82 reporting companies of varying size and geographic distribution. It serves as a strong proxy for the broader residential wood kitchen and bath market. The TOB measures monthly and year-to-date change of the current year versus prior year. Nearly half of the participating companies reported annual sales of $10 million or less, with 11 percent reporting sales exceeding $100 million.
“While we realize that there is never a definitive or perfect market sizing study, in our estimation, this approach represents a sound and reasonable method for our industry as defined. We chose to narrow the focus to ‘residential, wood-based’ cabinets as a more focused view of the market we represent. At the same time we recognize that there is a non-residential market as well as a cabinet market that is produced via other materials (most notably steel),” Stoner said.
For more on the results, please visit www.kcma.org.
KCMA survey: cabinet sales decrease in March 2011
Cabinet sales decreased 2.9 percent in March 2011, compared to March 2010, according to the Kitchen Cabinet Manufacturers Assocation’s monthly Trend of Business Survey.
The survey also found that for March 2011, stock cabinet sales fell 9.6 percent, semi-custom sales increased 5.3 percent and custom sales fell 10.4 percent.
The 2011 year-to-date sales showed a decrease of 4.5 percent overall, with stock sales down 7.9 percent, semi-custom sales down 0.8 percent, and custom sales down 5.7 percent, according to KCMA’s survey.
KCMA to host May annual convention in Texas
The Kitchen Cabinet Manufacturers Association will host its 56th Annual Convention in Austin, Texas, from May 15-18.
This KCMA-member event includes a keynote speech by Peter Perez, deputy assistant secretary of manufacturing, who will discuss progress in Washington, D.C., to promote and protect U.S. manufacturing in the global economy. Other speakers include Kenneth Gronbach, president of KGC Direct, discussing marketing techniques and demography, and Stewart Holm of Georgia Pacific Corp., presenting the latest technical and policy developments regarding formaldehyde and wood products. KCMA will also elect its new officers and members at the Annual Convention on May 17.
The Annual Convention will take place at Austin’s Barton Creek Resort. More information can be obtained by contacting Janet Titus via email at jitus@kcma.org.
KCMA: cabinet sales decrease in February 2011
The Kitchen Cabinet Manufacturers Association released its monthly Trend of Business Survey, which showed a decline in cabinet sales for February 2011.
Participants in the KCMA survey reported that cabinet sales decreased 7.3 percent compared to sales for February 2010. Stock cabinet sales decreased 10.9 percent, semi-custom sales decreased 3.6 percent and custom sales decreased 9.6 percent. The year-to-date sales decreased 5.7 percent, with stock sales down 6.9 percent, semi-custom sales down 4.9 percent and custom sales down 3.6 percent.
Survey participants included stock, semi-custom and custom companies whose combined sales represent over 50 percent of the U.S. cabinet market.
Cabinet sales down 4.1 percent in 2010 according to KCMA survey
According to the Kitchen Cabinet Manufacturers Association’s monthly Trend of Business Survey, participating cabinet manufacturers reported 2010 sales down 4.1 percent compared to total sales for 2009.
According to the survey, stock sales were down 6.7 percent, semi-custom sales were down 0.5 percent and custom sales were down 13.2 percent. December 2010 monthly sales were down 9.7 percent compared to December 2009. Stock sales for December 2010 were down 5.2 percent, semi-custom sales were down 13.5 percent and custom sales were down 9.5 percent compared to December 2009.
KCMA November Trend of Business Survey reports decline in cabinet sales
According to the Kitchen Cabinet Manufacturers Association monthly Trend of Business Survey, overall cabinet sales for November 2010 decreased 4.1 percent compared to sales for November 2009.
Survey participants reported that stock cabinet sales decreased 8.8 percent, custom sales decreased 6.0 percent and semi-custom sales increased 1.4 percent. Respondents reported year-to-date sales also declined 3.0 percent, with stock sales down 5.5 percent, custom sales down 13.2 percent and semi-custom sales up 1.8 percent.
Survey participants included stock, semi-custom and custom companies with combined sales representing over 50 percent of the U.S. cabinet market.
