Cabinets Market Demand and its Growth

US demand for cabinets is forecast to expand 7.4 percent per year to $15.2 billion in 2014. Gains will be spurred by the rebound in housing completions from the depressed levels of 2009, reflecting the sharp declines in housing completions between 2007 and 2009. Although housing completions will remain below the level reached at their cyclical peak in 2006, the recovery will fuel above average gains in the residential cabinets market through 2014. 

Kitchen cabinets, which represented about 80 percent of cabinet shipments in 2009, are expected to post the most rapid advances through 2014. The projected rebound in housing completions through 2014 will drive gains. Growth will also be supported by design trends that call for homes with more and larger-sized cabinets to store food products and kitchen equipment. Many homeowners will also install cabinets with such value added amenities as pull-out shelves, racks and lazy Susans to enhance kitchen convenience.

Shipments of bathroom cabinets are forecast to grow at an above average pace through 2014. Advances will primarily be supported by rebounding housing completions. Design trends that call for homes with larger master bathrooms and larger cabinets to store personal items and medications will also promote gains. Shipments of other cabinets, such as those found in offices, home entertainment centers, laundry and mud rooms, garages and other areas, are expected to rise more than three percent annually through 2014. Advances will be promoted by increasing use of cabinets in these areas instead of shelving.

Residential buildings were the largest market for cabinets in 2009, with about three-quarters of total demand. The residential market will continue to hold this leading position through 2014, given its greater intensity of cabinet use compared to other markets. While new housing will lead advances, the improvement and repair segment will continue to account for the majority of residential demand. Not only is there a large stock of older homes requiring cabinet replacement, but kitchen and bathroom renovation projects -- including the replacement of cabinets -- are often undertaken by homeowners to improve the aesthetics or add value to their homes.

Through 2014, demand for cabinets in the nonresidential market is anticipated to rise 2.8 percent annually. Concerns about price and performance generally play a larger role in cabinet selection than aesthetics in most nonresidential structures. Thus, cabinets are replaced much less frequently. Growth will be derived from continued institutional construction spending and a rebound in office and commercial construction spending. Rising shipments of boats and recreational vehicles from a low 2009 base will boost demand for cabinets in the nonconstruction market.

The US cabinet industry is characterized by relatively low levels of foreign trade, with imports accounting for less than five percent of demand in 2009 and exports approximately one percent of shipments. US foreign trade in cabinets is limited by many factors, such as the cost of shipping fully assembled cabinets and variations in style preferences between the US and other countries. Through 2014, cabinet shipments are expected to rise over seven percent per year, as domestic manufacturers increase production efforts to meet rising demand for cabinetry.

For more information kindly visit : http://www.bharatbook.com/detail.asp?id=146869&rt=Cabinets-to-2014.html                    

Related Reports

Home Improvement: Global Industry Guide
http://www.bharatbook.com/detail.asp?id=130125&rt=Home-Im...

Global Smart Homes Market
http://www.bharatbook.com/detail.asp?id=135402&rt=Global-Smart-Homes-Market.html

Or

Contact us at :

Bharat Book Bureau
Tel: +91 22 27578668  
Fax: +91 22 27579131
Email: info@bharatbook.com
Website: www.bharatbook.com
Follow us on twitter: http://twitter.com/3bbharatbook
Please visit our blog at http://bharatbookseo.blogsome.com 

Bharat Book Bureau is the leading business information aggregator providing market research reports and online databases. Bharatbook is also into the business of marketing conferences worldwide and undertakes custom research.

View the original article here

Attractive Pantries Sell Homes

A. With so many other concerns to address when preparing a home for sale, you might think that the appearance of your refrigerator and pantry shelves is relatively insignificant. But it does matter.

Buying a home is such a major investment, said Julie Stevens, a real estate sales representative with Bond New York in Manhattan, that “any conscientious buyer is going to open every closet, every cabinet and every appliance.”

That’s why “you need to make sure those spaces are organized just like the rest of the home,” she said. “And that they’re clean.”

The refrigerator and the pantry should be stocked, but not overflowing. “It shouldn’t be so crowded that you can’t see anything,” she said, “but also not barren.”

And do whatever is needed to avoid any odor in the fridge or freezer, she said, which would be a big turnoff for buyers. Scrub the inside of the refrigerator, add boxes of baking soda and get rid of any pungent leftovers.

“You don’t want your home to be known as the apartment with the smelly fridge,” she said.

Sarah Hayon and Stacey Platt, who own DwellWell, an organizing company in New York that often helps clients prepare their homes for sale, emphasized the importance of having a clean refrigerator and a pantry stocked with a moderate amount of food.

As Ms. Hayon said, “We like to fill the fridge with healthy snacks: nothing too high-end and nothing too processed.”

Sellers might also want to stock bottles of water and fruit that could be handed out to people viewing the apartment, she said.

Ms. Hayon recommended that sellers “curb their condiment-ia,” as she put it, by disposing of half-used bottles of vinegars, oils and sauces. Ms. Platt added: “You shouldn’t have more than one of each thing: it should be a streamlined example of things to keep in the pantry.” For instance, she said, “If you have a lazy susan for oils and vinegars, you shouldn’t have 20 vinegars on it.”

After you’ve culled extraneous bottles, group similar items together. You might also want to put products in matching labeled bins. That way, Ms. Hayon said, “there’s structure within the pantry, and everything looks neat and clean.”

That is, unless your home is near a notable supermarket, like Whole Foods, Trader Joe’s or Fairway, Ms. Stevens pointed out. Then you may want to emphasize that proximity by leaving the food in its original containers.

“If a potential buyer is looking through your home and sees a label from one of those stores,” she said, it might prompt them to ask if the store is nearby. And “that could be a huge selling point.”

Questions about repairs or redecorating before putting a home on the market may be sent to marketready@nytimes.com. Unpublished questions cannot be answered individually.

View the original article here

Attractive Pantries Sell Homes

A. With so many other concerns to address when preparing a home for sale, you might think that the appearance of your refrigerator and pantry shelves is relatively insignificant. But it does matter.

Buying a home is such a major investment, said Julie Stevens, a real estate sales representative with Bond New York in Manhattan, that “any conscientious buyer is going to open every closet, every cabinet and every appliance.”

That’s why “you need to make sure those spaces are organized just like the rest of the home,” she said. “And that they’re clean.”

The refrigerator and the pantry should be stocked, but not overflowing. “It shouldn’t be so crowded that you can’t see anything,” she said, “but also not barren.”

And do whatever is needed to avoid any odor in the fridge or freezer, she said, which would be a big turnoff for buyers. Scrub the inside of the refrigerator, add boxes of baking soda and get rid of any pungent leftovers.

“You don’t want your home to be known as the apartment with the smelly fridge,” she said.

Sarah Hayon and Stacey Platt, who own DwellWell, an organizing company in New York that often helps clients prepare their homes for sale, emphasized the importance of having a clean refrigerator and a pantry stocked with a moderate amount of food.

As Ms. Hayon said, “We like to fill the fridge with healthy snacks: nothing too high-end and nothing too processed.”

Sellers might also want to stock bottles of water and fruit that could be handed out to people viewing the apartment, she said.

Ms. Hayon recommended that sellers “curb their condiment-ia,” as she put it, by disposing of half-used bottles of vinegars, oils and sauces. Ms. Platt added: “You shouldn’t have more than one of each thing: it should be a streamlined example of things to keep in the pantry.” For instance, she said, “If you have a lazy susan for oils and vinegars, you shouldn’t have 20 vinegars on it.”

After you’ve culled extraneous bottles, group similar items together. You might also want to put products in matching labeled bins. That way, Ms. Hayon said, “there’s structure within the pantry, and everything looks neat and clean.”

That is, unless your home is near a notable supermarket, like Whole Foods, Trader Joe’s or Fairway, Ms. Stevens pointed out. Then you may want to emphasize that proximity by leaving the food in its original containers.

“If a potential buyer is looking through your home and sees a label from one of those stores,” she said, it might prompt them to ask if the store is nearby. And “that could be a huge selling point.”

Questions about repairs or redecorating before putting a home on the market may be sent to marketready@nytimes.com. Unpublished questions cannot be answered individually.

View the original article here

Cabinets Market Demand and its Growth Available through Bharatbook

US demand for cabinets is forecast to expand 7.4 percent per year to $15.2 billion in 2014. Gains will be spurred by the rebound in housing completions from the depressed levels of 2009, reflecting the sharp declines in housing completions between 2007 and 2009. Although housing completions will remain below the level reached at their cyclical peak in 2006, the recovery will fuel above average gains in the residential cabinets market through 2014. 

Kitchen cabinets to offer best growth opportunities
Kitchen cabinets, which represented about 80 percent of cabinet shipments in 2009, are expected to post the most rapid advances through 2014. The projected rebound in housing completions through 2014 will drive gains. Growth will also be supported by design trends that call for homes with more and larger-sized cabinets to store food products and kitchen equipment. Many homeowners will also install cabinets with such value added amenities as pull-out shelves, racks and lazy Susans to enhance kitchen convenience.

Shipments of bathroom cabinets are forecast to grow at an above average pace through 2014. Advances will primarily be supported by rebounding housing completions. Design trends that call for homes with larger master bathrooms and larger cabinets to store personal items and medications will also promote gains. Shipments of other cabinets, such as those found in offices, home entertainment centers, laundry and mud rooms, garages and other areas, are expected to rise more than three percent annually through 2014. Advances will be promoted by increasing use of cabinets in these areas instead of shelving.

Residential buildings to remain dominant market
Residential buildings were the largest market for cabinets in 2009, with about three-quarters of total demand. The residential market will continue to hold this leading position through 2014, given its greater intensity of cabinet use compared to other markets. While new housing will lead advances, the improvement and repair segment will continue to account for the majority of residential demand. Not only is there a large stock of older homes requiring cabinet replacement, but kitchen and bathroom renovation projects -- including the replacement of cabinets -- are often undertaken by homeowners to improve the aesthetics or add value to their homes. Through 2014, demand for cabinets in the nonresidential market is anticipated to rise 2.8 percent annually.

Concerns about price and performance generally play a larger role in cabinet selection than aesthetics in most nonresidential structures. Thus, cabinets are replaced much less frequently. Growth will be derived from continued institutional construction spending and a rebound in office and commercial construction spending. Rising shipments of boats and recreational vehicles from a low 2009 base will boost demand for cabinets in the nonconstruction market.

The US cabinet industry is characterized by relatively low levels of foreign trade, with imports accounting for less than five percent of demand in 2009 and exports approximately one percent of shipments. US foreign trade in cabinets is limited by many factors, such as the cost of shipping fully assembled cabinets and variations in style preferences between the US and other countries. Through 2014, cabinet shipments are expected to rise over seven percent per year, as domestic manufacturers increase production efforts to meet rising demand for cabinetry.

Contact us at :

Bharat Book Bureau
Tel: +91 22 27578668  
Fax: +91 22 27579131
Email: info@bharatbook.com
Website: www.bharatbook.com
Follow us on twitter: http://twitter.com/3bbharatbook
Please visit our blog at http://bharatbookseo.blogsome.com 

View the original article here