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U.S. Wood Kitchen Cabinet And Countertop Market. Analysis And Forecast to 2030
Report Update: Nov 1, 2024

U.S. Wood Kitchen Cabinet And Countertop Market. Analysis And Forecast to 2030

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Feb 7, 2023

U.S. Wood Kitchen Cabinet Import Declines 6%, Averaging 5.2M Units in November 2022

U.S. Wood Kitchen Cabinet Imports

Wood kitchen cabinet imports into the United States declined to 5.2M units in November 2022, waning by -6.2% against October 2022 figures. Overall, imports recorded a mild shrinkage. The most prominent rate of growth was recorded in March 2022 with an increase of 25% m-o-m. Over the period under review, imports hit record highs at 6.1M units in May 2022; however, from June 2022 to November 2022, imports remained at a lower figure.

In value terms, wood kitchen cabinet imports shrank to $197M (IndexBox estimates) in November 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2022 when imports increased by 35% month-to-month. Over the period under review, imports attained the peak figure at 232M units in May 2022; however, from June 2022 to November 2022, imports remained at a lower figure.

Imports by Country

In November 2022, Vietnam (1.6M units) constituted the largest wood kitchen cabinet supplier to the United States, with a 31% share of total imports. Moreover, wood kitchen cabinet imports from Vietnam exceeded the figures recorded by the second-largest supplier, Canada (685K units), twofold. The third position in this ranking was held by Malaysia (682K units), with a 13% share.

From January 2022 to November 2022, the average monthly growth rate of volume from Vietnam stood at -3.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Canada (+4.6% per month) and Malaysia (-3.2% per month).

In value terms, Vietnam ($66M) constituted the largest supplier of wood kitchen cabinet to the United States, comprising 33% of total imports. The second position in the ranking was taken by Canada ($32M), with a 16% share of total imports. It was followed by Mexico, with a 13% share.

From January 2022 to November 2022, the average monthly rate of growth in terms of value from Vietnam stood at +2.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: Canada (+1.3% per month) and Mexico (+0.9% per month).

Import Prices by Country

In November 2022, the wood kitchen cabinet price amounted to $37.8 per unit (CIF, US), with a decrease of -5.5% against the previous month. Over the last ten-month period, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in February 2022 an increase of 12% month-to-month. The import price peaked at $41.7 per unit in July 2022; however, from August 2022 to November 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2022, the country with the highest price was Mexico ($60.8 per unit), while the price for Poland ($14.1 per unit) was amongst the lowest.

From January 2022 to November 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Wood Kitchen Cabinet Market Overview

Population growth is a key driver of demand for wood kitchen cabinets and countertops. The U.S. population has been growing steadily for many years, and this trend is expected to continue. This growth creates additional demand for housing, which in turn drives demand for wood kitchen cabinets and countertops.

Consumer spending patterns also play a role in the wood kitchen cabinet and countertop market. When consumers spend more money on home improvement projects, it drives up demand for products like wood kitchen cabinets and countertops.

The wood kitchen cabinet and countertop market are also being driven by advances in technology that have made these products more durable and easier to care for. New finishes and coatings are making wood cabinets and countertops more resistant to stains and scratches, while new manufacturing techniques have made them easier to clean and maintain.

Source: IndexBox Market Intelligence Platform

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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