Industry Analysis & Industry Trends
During the five years to 2014, the Cabinet and Vanity Manufacturing industry fared poorly in the five years to 2014 because of shattered consumer confidence in the economy and slow residential housing expenditures due to the recession. Additionally, the steadily strengthening Canadian dollar made it cheaper for consumers to purchase imported cabinets and wood furniture products, thus adding to the marginal revenue growth over the period. In the five years to 2019, the industry is expected to moderatly expand, due to the recovery of the domestic and US housing markets. However, import competition will continue to grow because of the appreciating Canadian dollar... purchase to read more
Industry Report - Industry Products Chapter
The Cabinet and Vanity Manufacturing industry produces a range of wood fixtures such as cabinets, vanities and countertops, typically used in kitchens and bathrooms.
Kitchen cabinets are box-shaped furniture with doors or drawers for the storage of food, cooking equipment, crockery and cutlery, and other miscellaneous items. This product category only includes permanently installed or built-in cabinets. The industry manufactures cabinets made with a range of materials, including solid wood, plywood and plastic, or wood laminates. Cabinet doors can include decorative features and are manufactured to provide both functional and aesthetic purposes. In 2014, permanently installed kitchen cabinets are estimated to account for 48.0% of industry revenue... purchase to read more