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In2021,TheU.S.KitchenAndBathMarketSpendingIsExpectedToReach$170.9Billion,AGrowthRateOf28%|VIGAWasserhahnHersteller

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In 2021, The U.S. Kitchen And Bath Market Spending Is Expected To Reach $170.9 Milliarde, A Growth Rate Of 28%

Küche & Bath Industry Mainstream Media Kitchen & Bath News

In 2021, The U.S. Kitchen And Bath Market Spending Is Expected To Reach $170.9 Billion, A Growth Rate Of 28% - Blog - 1

The National Kitchen and Bath Association NKBA recently released a new study showing that in 2021, die USA. high-end kitchen, Der Badmarkt wird um wachsen 28% über 2020, exceeding the previous forecast of 19.8%.

In NKBA’s latest market forecast, it revised its forecast for U.S. kitchen and bath industry sales in 2021. Consumer spending on kitchens and baths is projected to be $170.9 Milliarden in 2021, hoch 21.4 Prozent von $140.8 Milliarden in 2020. That’s nearly 8 percent higher than the association’s initial estimate for 2021.

According to NKBA, new kitchen and bath spending in the U.S. is expected to increase 28.5 percent in 2021 im Vergleich zu 2020, while kitchen and bath remodeling spending is expected to increase 12.5 Prozent. In 2021, total kitchen spending (new construction and remodeling) wird voraussichtlich erreicht werden $81 Milliarde. Bathroom spending is estimated to reach $89 Milliarde, mehr als 20% höher als im Vorjahr und deutlich höher als die ursprüngliche Prognose des NKBA.

The Kitchen and Bath Market Index (KBMI) is a quarterly measure of current and future economic conditions in the kitchen and bath industry. According to the Kitchen and Bath Market Index KBMI released by NKBA, die USA. Kitchen and Bath Market Index continued to rise from 61.9 im dritten Quartal 2020 Zu 82.3 im zweiten Quartal 2021, schon auf 69.8 im vierten Quartal 2019.

In 2021, The U.S. Kitchen And Bath Market Spending Is Expected To Reach $170.9 Billion, A Growth Rate Of 28% - Blog - 2

In der Analyse des NKBA wurde darauf hingewiesen, dass Hausbesitzer bisher vorsichtig waren, ihre Ausgaben für das Essen zu reduzieren, Unterhaltung, Reisen und Freizeit aufgrund der epidemischen Sperrung, gepaart mit der Regierung $5 Billionen-Konjunkturpaket für Verbraucher, hat zu einer Erhöhung der Ersparnisse geführt. Das, coupled with record low-interest rates made it easier to get housing-related loans. während der Epidemie, people lived at home and kitchens and bathrooms became the center of the home, making more homeowners aware of the urgent need for bathroom and kitchen remodeling. Laut NKBA-Umfrage, 30 percent of homeowners plan to increase spending on home remodeling, während nur 20 percent or less plan to increase spending on dining out, Unterhaltung, Reisen oder Gesundheit.

In 2021, The U.S. Kitchen And Bath Market Spending Is Expected To Reach $170.9 Billion, A Growth Rate Of 28% - Blog - 3

Für diejenigen, die Renovierungsarbeiten am Haus planen 2021, Küchen und Hauptbäder belegten den ersten und zweiten Platz, jeweils, unter den Dutzend angebotenen Wohngebieten. 55 percent of respondents said they plan to remodel their kitchens, während 40 percent said they primarily remodel their bathrooms. Remodeling the exterior of the house, deck/deck, and master bedroom were 37%, 29%, Und 29%, jeweils. Laut NKBA, the average price of home improvement projects is 25 percent higher than last year.

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