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Hoob ua mov noj & Bath Industry Mainstream Media Kitchen & Bath News
The National Kitchen and Bath Association NKBA recently released a new study showing that in 2021, U.S. high-end kitchen, da dej lag luam yuav loj hlob los ntawm 28% saum 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 nphom hauv 2021, pem 21.4 Feem pua los ntawm $140.8 nphom hauv 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 feem pua hauv 2021 piv rau 2020, while kitchen and bath remodeling spending is expected to increase 12.5 feem pua. Hauv 2021, total kitchen spending (new construction and remodeling) cia siab tias yuav ncav cuag $81 billion. Bathroom spending is estimated to reach $89 billion, ntau tshaj 20% siab dua xyoo tas los thiab ntau dua li NKBA qhov kev kwv yees thawj zaug.
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, U.S. Kitchen and Bath Market Index continued to rise from 61.9 nyob rau hauv lub quarter thib peb ntawm 2020 rau 82.3 nyob rau hauv lub quarter thib ob ntawm 2021, xa od 69.8 nyob rau hauv lub quarter thib plaub ntawm 2019.
NKBA qhov kev tshuaj xyuas tau sau tseg tias yav dhau los kev ceeb toom ntawm cov tswv tsev kom txo qis kev siv nyiaj noj mov, kev lom zem, mus ncig thiab ua si lom zem vim muaj kev sib kis kab mob sib kis, ua ke nrog tsoom fwv $5 trillion stimulus pob rau cov neeg siv khoom, tau ua kom muaj kev txuag nyiaj ntau ntxiv. No, coupled with record low-interest rates made it easier to get housing-related loans. Ncua sij hawm kis kab mob, 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. Raws li NKBA kev tshawb fawb, 30 percent of homeowners plan to increase spending on home remodeling, thaum nkaus xwb 20 percent or less plan to increase spending on dining out, kev lom zem, mus ncig los yog noj qab haus huv.
Rau cov kev npaj kho tsev nyob rau hauv 2021, chav ua noj thiab chav dej tswv nyob qib thib ib thiab thib ob, raws li tau hais lawm, ntawm lub kaum tsev tsev muaj. 55 percent of respondents said they plan to remodel their kitchens, thaum 40 percent said they primarily remodel their bathrooms. Remodeling the exterior of the house, deck/deck, and master bedroom were 37%, 29%, thiab 29%, raws li tau hais lawm. Raws li NKBA, the average price of home improvement projects is 25 percent higher than last year.