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In2021,TheU.S.KitchenAndBathMarketSpendingIsExpectedToReach$170.9Billion,AGrowthRateOf28%|Soo saaraha VIGAFaucet

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

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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, U.s. high-end kitchen, Suuqa qubeyska ayaa ku kori doona 28% kor 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 bilyan gudaha 2021, kor 21.4 percent from $140.8 bilyan gudaha 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 marka la barbar dhigo 2020, while kitchen and bath remodeling spending is expected to increase 12.5 boqolkiiba. Gudaha 2021, total kitchen spending (new construction and remodeling) la filayo inuu gaaro $81 bilyan. Bathroom spending is estimated to reach $89 bilyan, in ka badan 20% ka sareeya tii sanadkii la soo dhaafay oo aad uga sarreeysay saadaasha hore ee 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, U.s. Kitchen and Bath Market Index continued to rise from 61.9 rubuc saddexaad ee 2020 ku 82.3 Saddexdii bilood ee labaad ee 2021, durba ka kor 69.8 rubuc afraad ee 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

Falanqaynta NKBA waxay xustay in digniinta hore ee milkiileyaasha guryaha ay ku yareeyaan kharashka ku baxa cuntada, maaweelo, safarka iyo waqtiga firaaqada sababtuna tahay qufulka faafa, oo ay weheliso dowladda $5 Trilliolus kicinta xirmada macaamiisha, waxay keentay kororka kaydinta. Tani, coupled with record low-interest rates made it easier to get housing-related loans. Mudada lagu jiro cudurka saf-marka ah, 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. Sida laga soo xigtay sahanka NKBA, 30 percent of homeowners plan to increase spending on home remodeling, halka kaliya 20 percent or less plan to increase spending on dining out, maaweelo, Safarka ama Caafimaadka.

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

Loogu talagalay qorshaynta horumarka guriga ee gudaha 2021, jikada iyo musqulaha musqulaha ayaa gashay marka hore iyo kan labaad, si isugu xigaan, Inta ka dhex jira aagagga guryaha ee la soo bandhigay. 55 percent of respondents said they plan to remodel their kitchens, inkastoo 40 percent said they primarily remodel their bathrooms. Remodeling the exterior of the house, deck/deck, and master bedroom were 37%, 29%, iyo 29%, si isugu xigaan. Sida laga soo xigtay NKBA, the average price of home improvement projects is 25 percent higher than last year.

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