
U.S. Wood Kitchen Cabinet And Countertop Market. Analysis And Forecast to 2030
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View PricingIn 2023, the United States Sees a Sharp Decline in Wood Kitchen Cabinet Imports, Dropping to $2.1B
U.S. Wood Kitchen Cabinet Imports
In 2023, overseas purchases of wood kitchen cabinets and countertops decreased by -7.9% to 61M units for the first time since 2012, thus ending a ten-year rising trend. In general, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2022 with an increase of 30% against the previous year. As a result, imports attained the peak of 66M units, and then reduced in the following year.
In value terms, wood kitchen cabinet imports contracted notably to $2.1B (IndexBox estimates) in 2023. Overall, imports, however, saw a strong increase. The pace of growth was the most pronounced in 2022 when imports increased by 37% against the previous year. As a result, imports reached the peak of $2.5B, and then dropped rapidly in the following year.
COUNTRY | Import Value of Wood Kitchen Cabinet in U.S. (million USD) | |||
---|---|---|---|---|
2020 | 2021 | 2022 | 2023 | |
Vietnam | 384 | 510 | 881 | 756 |
Canada | 271 | 305 | 382 | 397 |
Mexico | 82.5 | 192 | 291 | 194 |
Malaysia | 330 | 294 | 308 | 185 |
Thailand | 30.0 | 100 | 158 | 135 |
Italy | 76.2 | 74.5 | 98.4 | 91.1 |
Cambodia | 21.2 | 19.8 | 47.8 | 68.5 |
Indonesia | 83.1 | 106 | 80.6 | 56.1 |
Others | 225 | 232 | 267 | 201 |
Total | 1,503 | 1,834 | 2,513 | 2,084 |
Imports by Country
Vietnam (18M units), Canada (12M units) and Italy (6.6M units) were the main suppliers of wood kitchen cabinet imports to the United States, with a combined 60% share of total imports. Malaysia, Mexico, Thailand, Indonesia and Cambodia lagged somewhat behind, together accounting for a further 28%.
From 2020 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +59.3%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest wood kitchen cabinet suppliers to the United States were Vietnam ($756M), Canada ($397M) and Mexico ($194M), with a combined 65% share of total imports. Malaysia, Thailand, Italy, Cambodia and Indonesia lagged somewhat behind, together accounting for a further 26%.
Among the main suppliers, Thailand, with a CAGR of +65.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the wood kitchen cabinet price stood at $34 per unit (CIF, US), reducing by -10% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 5.5% against the previous year. The import price peaked at $38 per unit in 2022, and then shrank in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Mexico ($55 per unit), while the price for Italy ($14 per unit) was amongst the lowest.
From 2020 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the wood kitchen cabinet market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- NAICS 337110 - Wood kitchen cabinet and countertop manufacturing
Companies mentioned:
- Masco Corporation
- Masterbrand Cabinets
- Formica Corporation
- Masco Cabinetry
- American Woodmark Corporation
- Wellborn Cabinet
- Zenith Products Corporation
- Bertch Cabinet Mfg.
- Omega Cabinets
- Leedo Manufacturing Co.
- Norcraft Companies
- Wood-Mode
- Woodcraft Industries
- Republic National Cabinet Corporation
- Kent Moore Cabinets
- Woodcrafters Home Products
- Merillat
- Medallion Cabinetry
- The Swan Corporation
- Royal Cabinets
- Bjt Properties
- H-C Liquidating Corp.
- Republic National Industries of Texas
- Masco Cabinetry Middlefield
- Baby's Room Usa
- Masco Builder Cabinet Group
- Norcraft Companies
- Primewood
- Norcraft Holdings
- Woodcrafters Home Products Holding
- Acproducts
- Wilsonart
- Wilsonart International Holdings
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024