Wood Kitchen Cabinet Market Overview in the USA
In value terms, wood kitchen cabinet production contracted slightly to $ in 2019. The total output value increased at an average annual rate of +% from 2013 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the production volume increased by % y-o-y. Over the period under review, production hit record highs at $ in 2018, and then fell modestly in the following year.
The revenue of the wood kitchen cabinet market in the U.S. shrank to $ in 2019, with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2013 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 when the market value increased by % against the previous year. Over the period under review, the market reached the peak level at $ in 2018, and then shrank in the following year.