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Pace of Market Growth Seen Cooling After Strong 2021 Gains

HACKETTSTOWN, NJ — Ongoing supply-chain disruptions coupled with labor shortages, higher material costs and emerging uncertainties wrought by COVID-19 are cooling the pace of kitchen and bath market growth in the wake of an exceptionally strong year in 2021.

According to the latest Market Forecast Report issued in recent weeks by the National Kitchen & Bath Association, the 2021 kitchen and bath industry posted healthy, double-digit gains over 2020, although growth projections were “pared back a bit” compared to the NKBA’s previous (July 2021) forecast, “as lingering issues caused by the pandemic seem to be catching up to consumer sentiment.”

The NKBA projected total 2021 revenues of $167 billion, a 19% increase over the $141 billion that was posted in 2020, but lower than earlier forecasts, which predicted that full-year revenue totals would reach $171 billion.

“2021 has been like none other for our industry, as strong growth across virtually every sector led to record revenues,” said Bill Darcy, CEO of the Hackettstown, NJ-based NKBA. However, some homeowners, faced with price increases related to supply chain disruptions, “are deferring projects until they’ve enough saved to get exactly what they want, or in the hope that costs will come down,” Darcy added.

The NKBA reported a nearly 10% year-over-year growth in the kitchen and bath remodeling sector in 2021, and a 26% growth in the new construction sector. Premium projects were up by more than 22%, while low-end projects grew about 11%, “suggesting a cooling of the DIY trend,” the NKBA said.

“These findings are very encouraging and indicate that…growth should be sustained into 2022,” Darcy said.

In related news, the latest NKBA/John Burns Real Estate Consulting “Kitchen & Bath Market Index,” issued in December, remained in “solidly expanding territory,” but cooled from the record number posted in the previous quarter. Expected future activity “also tailed off a bit,” having peaked in the first quarter of 2021, reported the NKBA and John Burns.

“In relative terms, the outlook remains quite positive,” with association members projecting about a 9% sales gain in 2022 – “impressive if it holds true, given 2021’s strong growth,” said the NKBA, adding that supply chain disruptions, cost of materials and availability of skilled labor are hampering the industry’s ability to take full advantage of strong demand…as NKBA members scramble to meet client needs, with most resorting to brands they’ve never previously used.”

Other findings of the NKBA/John Burns Report were as follows:

n The challenging business environment has forced the industry to become “supplier/vendor agnostic” – prioritizing product availability above other factors. The industry has also moved toward sourcing more domestic-based products in an attempt to circumvent global supply chain issues. Manufacturers are prioritizing high-value products to protect profit margins while stockpiling excess materials to help ease lead times and overall constraints.

n The kitchen and bath industry continues to feel the pains of ongoing supply chain challenges. Port congestion is further compounding strained supply chains that are still recovering from the effects of Winter Storm Uri and Hurricane Ida, while labor shortages are causing delays in the trucking industry. Meanwhile, lead times for domestic and foreign raw materials are well over 6+ weeks and has many within the sector struggling to keep up with demand in today’s economy. As a result, product backlogs extend well into 2022 as these difficulties prevent those in the industry from staffing full production schedules.

n Even in the face of ongoing challenges, the industry remains cautiously optimistic about the health of the sector. Despite projects being pushed into 2022, the industry is continuing to see demand for building and construction projects as 84% of firms report low postponement rates and 90% report low cancellation rates relative to their overall project volume.

 

The post Pace of Market Growth Seen Cooling After Strong 2021 Gains appeared first on Kitchen & Bath Design News.

Did you miss our previous article…
https://www.culturekitchen.net/?p=834

Spotlight Kitchens of May – Cabinet Refacing

  • Project Location: Gages Lake, IL
  • Remodel type: Cabinet Refacing
  • Type of door style: Shaker Bevel
  • Remodel style: Traditional
  • Color: Antique White with a Walnut Glaze

For more information about this project, please visit Kitchen Solvers of Grayslake’s Gallery page.

The post Spotlight Kitchens of May – Cabinet Refacing appeared first on Kitchen Solvers.

Kitchen of the Month Winner for Cabinet Refacing for May

Kitchen Transformation by Kitchen Solvers of Emerald Coast

Project Location: Shalimar, FL

Remodel type: Cabinet Refacing

Remodel style: Modern

Door Style: Shaker door in Supermatte

Countertop: Quartzite

Countertop Color: Berwyn

For more information about this project, please visit Kitchen Solvers of Emerald Coast’s Blog.

Find a location near you. 

The post Kitchen of the Month Winner for Cabinet Refacing for May appeared first on Kitchen Solvers.

Kitchen of the Month Winner for New Cabinets for May

Kitchen Inspiration by Kitchen Solvers of the Gulf Coast

Project Location: St. Petersburg, FL

Remodel Style: Transitional

Remodel Type: New Cabinets

Type of door style: Portland

Color: Snow Paint for perimeter cabinets and Koala Stain for Island

For more information about this project, please visit Kitchen Solvers of Gulf Coast’s Blog.

Find a location near you. 

The post Kitchen of the Month Winner for New Cabinets for May appeared first on Kitchen Solvers.

The Best Kitchen Appliances to Gift

Are you struggling to come up with gifts to give your partner? Are you looking to show your loved ones that you care? Are you searching for the perfect gift but keeping hitting dead ends? Well fear no more. Kitchen Solvers is here to guide you on your decision-making journey.

The kitchen is the hub of any household; it’s the place where people are brought together. The place where creativity and conversation flow freely. And a place with such a wide variety of purposes deserves to be fully utilized and appreciated. We have complied a list of the best kitchen appliances to gift your loved ones, friends, co-workers, or even yourself. Christmas, holidays, special occasions, birthdays or maybe there’s no special occasion you’re just in the market for some new appliances! Regardless your intentions, we want to ensure your kitchen is used to its utmost potential. Here are some kitchen appliance gifts below.

 Kitchen Aid Mixer

A Kitchen Aid Mixer is the perfect gift for someone who’s looking to become a more frequent baker/chef. A Kitchen Aid Mixer uses specifically designed mixing bowls that snap into place on the mixer’s support arms to provide stability and backing for heavy batches. Not only do they mix, but they also shred, grind, whip, knead, and mash. This mixer is perfect for whatever you can conjure up in the kitchen whether that’s preparing pizza dough or tweaking your famous chocolate chip cookie recipe.

 

Cuisinart Tabletop Grill or the Cuisinart 5-in-1 Gridler

Let’s not limit grilling and all its glory to only in the summertime. If you’re a grilling enthusiast and want further your skills, the Cuisinart tabletop grill is the way to go. And if you’re looking for something similar to the tabletop grill but a little more toned down, consider the Cuisinart 5-in-1 gridler. This multifunctional countertop grill can also be used as a griddle and press. With these appliances, grilling season is year-round.

Air Fryer

An air fryer is similar to an oven in the sense that it bakes and roasts, but the difference is its heating elements are only located on top and are accompanied by a large, powerful fan. Air fryers typically heat up very quickly and they cook food fast and evenly. Think of them as an amped-up countertop convection oven. With an air fryer, it’s easy to whip up frozen foods in a slightly healthier way than deep-frying.

Rice Cooker

A rice cooker is an electric countertop device designed to automatically cook rice to perfection. You simply put some water in a pot, and you get perfectly cooked, fluffy rice every single time, even when you’re distracted. Another bonus, rice cookers are easier to clean as well! Rice cookers are excellent for steaming rice, oatmeal and even quinoa while allowing you to shift your focus on other food prep tasks.

Instant Pot

An instant pot is starting to take the place of a crock pot. An instant pot is an electric pressure cooker which means it cooks foods faster by controlling the pressure within the pot. Pressure cookers work by creating heat under a tight seal, so the temperature is much higher than the boiling point of water and the steam can’t escape. The steam cooks food much more quickly than traditional stovetop or oven cooking. An instant pot is prime for meal prepping and preparing freezer meals; perfect if you have a busy week ahead.

Kitchen Solvers

Whether you’re looking for kitchen gift inspiration or considering a remodel, our Kitchen Solvers blog is here to help and guide you on your quest. Here at Kitchen Solvers, it’s our goal to ensure you have the most Pleasant Remodeling Experience! Feel free to call us today for your kitchen consultation or read some of our latest blog articles like Trending Kitchen Styles for 2021 and How to Have an Eco-Friendly Kitchen Remodel.

The post The Best Kitchen Appliances to Gift appeared first on Kitchen Solvers.

Did you miss our previous article…
https://www.culturekitchen.net/?p=818

Spotlight Kitchens of November – New Cabinetry

  • Project Location: Indianapolis, IN
  • Remodel type: New Cabinetry
  • Type of door style: Simple Shaker
  • Remodel style: Modern
  • Color: White
  • Countertop: Laminate
  • Countertop Color: White/Grey
  • Backsplash: Subway Tile

For more information about this project, please visit Kitchen Solvers of North Indianapolis’ Gallery page.

The post Spotlight Kitchens of November – New Cabinetry appeared first on Kitchen Solvers.

Spotlight Kitchens of November – Cabinet Refacing

  • Project Location: Menomonie, WI
  • Remodel type: Cabinet Refacing and New Cabinetry
  • Type of door style: Mission
  • Remodel style: Transitional
  • Color: Classic White and Black
  • Door Material: Maple
  • Countertop: Cambria
  • Countertop Color: Hollinsbrook
  • Backsplash: White Subway Tile

For more information about this project, please visit Kitchen Solvers of Eau Claire’s Gallery page.

 

  • Project Location: Hawthorn Woods, IL
  • Remodel type: Cabinet Refacing and New Cabinets
  • Type of door style: Shaker
  • Remodel style: Modern
  • Color: Ontario white for uppers and Haze Supermatte for lowers
  • Countertop: Quartz
  • Countertop color: Calacatta Laza

For more information about this project, please visit Kitchen Solvers of Grayslake’s Gallery page.

 

  • Project Location: Pickerington, OH
  • Remodel type: Cabinet Refacing
  • Type of door style: Shaker
  • Remodel style: Modern
  • Color: Stratus Super Matte
  • Countertop: Quartz
  • Countertop color: Bianco Fumo
  • Backsplash: Canvas La Belle Purity polished ceramic

For more information about this project, please visit Kitchen Solvers of Columbus’ Gallery page.

The post Spotlight Kitchens of November – Cabinet Refacing appeared first on Kitchen Solvers.

VA-Based Supplier Dave’s Cabinet is Acquired

CHESAPEAKE, VA — Dave’s Cabinet, a leading cabinet manufacturer in the Mid-Atlantic region, has announced that the ownership interest of company founder David Alderman CMKBD, has been purchased by John K. Morgan, CEO of Green Forest Cabinetry.

Terms of the transaction were not disclosed.

Dave’s Cabinet, founded in 1980, occupies three manufacturing buildings on approximately 40 acres of land in Chesapeake, VA. The business consists of a fully equipped end-to-end cabinet manufacturing/finishing facility, a retail division, plus a modern granite/quartz fabrication unit.

“I am incredibly proud of the 40+ years of Dave’s Cabinet’s success, especially the commitment and work to better our local community,” said Morgan, who, along with Alderman, is a past president of the National Kitchen and Bath Association (NKBA).

“I could not be more pleased to have the opportunity to lead his legacy to the next level of tomorrow’s micro-manufacturing world,” Morgan added.

Under the terms of the agreement, Julie Boone will retain her existing ownership interest in Dave’s Cabinet, said the company, which also announced a continuation of an annual $5,000 grant/scholarship to both the Great Bridge Baptist Church, a local parish, and the student program at the NKBA nationally.

The post VA-Based Supplier Dave’s Cabinet is Acquired appeared first on Kitchen & Bath Design News.

William Ohs Acquires PA Luxury Cabinet Supplier

DENVER — William Ohs, the Denver-based manufacturer of luxury cabinetry and furniture, has acquired Draper DBS, a Bucks County, PA custom cabinet supplier, “merging two companies that are well-established and respected in the luxury cabinet industry,” the companies announced.

Terms of the transaction were not disclosed.

“The combination of Draper DBS and William Ohs brings together the ideas and manufacturing concepts of two legendary visionaries in the luxury kitchen market,” said Rick Casey, v.p./manufacturing for William Ohs, founded in 1972 by industry pioneer Bill Ohs. “The combined synergies create both exciting and unparalleled opportunities moving forward,” Casey added.

William Ohs and Draper DBS “will be able to provide the same detail-oriented approach to a larger market while capitalizing on increased manufacturing efficiencies,” corporate officials said.

“I am excited and humbled to be drawn into the most creative act of wood joinery in the industry, the dovetailing of the crafts, hearts, and creative legacies of Draper DBS and William Ohs,” said William Draper, founder of Draper DBS. “This will be an intertwining of our combined strengths, histories, and visions to cultivate the future inspirations of all those who love great and evolving furnishing design.”

The post William Ohs Acquires PA Luxury Cabinet Supplier appeared first on Kitchen & Bath Design News.

Kitchen of the Month Winner for Cabinet Refacing for November

Kitchen Transformation by Kitchen Solvers of La Crosse

Project Location:  Onalaska, WI 

Remodel type: Cabinet Refacing 

Type of door style: Shaker 

Remodel style: Transitional 

Color: Spruce on Maple for Perimeter and Medium Brown Walnut Stain on Rustic Alder for Island 

Countertop: Quartz 

Countertop color: Viatera Muse 

Backsplash: 3” x 6” arctic white tile  

For more information about this project, please visit Kitchen Solvers of La Crosse’s Blog.  

Find a location near you.  

 

The post Kitchen of the Month Winner for Cabinet Refacing for November appeared first on Kitchen Solvers.