ResearchAndMarkets.com has included the “U.S. Residential Cabinet Market – Focused Insights 2024-2029” report in its offerings. The U.S. Residential Cabinet Market, valued at USD 37.5 billion in 2023, is projected to reach USD 51.48 billion by 2029, with a CAGR of 5.42%.
Insights into the U.S. Residential Cabinet Market
The home office cabinet segment shows significant growth, with a CAGR of 6.4%, driven by the demand for cabinets supporting remote work and integrating technological advancements like cable management and smart storage solutions.
Among distribution channels, supermarkets & hypermarkets held the largest market share in 2023, offering convenient access to kitchen, bathroom, and home organization cabinets, enhancing consumer shopping experiences.
The repair & remodeling application segment leads in market share, driven by customization demands in renovation projects, emphasizing design flexibility and durable materials.
The ready-to-assemble (RTA) cabinets segment is growing rapidly with a CAGR of 6.10%, catering to DIY installation preferences and cost-effectiveness.
Market Drivers
Growth in residential construction and a surge in renovation projects are major drivers, prompting market players to align offerings with evolving consumer preferences and construction trends.
Vendor Landscape
The report profiles 35 vendors, highlighting competitive dynamics dominated by major players like MasterBrand, American Woodmark, Arclinea, Cabinetworks Group, and PORCELANOSA. IKEA’s introduction of anti-tip features underscores safety enhancements crucial in residential cabinets.
For detailed insights, visit ResearchAndMarkets.com.
