Supply chain issues and material shortages temper industry’s outlook despite continued strong market.
December 13, 2021
While the overall kitchen and bath industry continues to show healthy growth for the year, the overall index is down 4% quarter over quarter as lingering issues caused by the pandemic seem to be catching up to consumer sentiment. Despite this, the industry is coming off of a record-breaking quarter of growth in Q2, which has fueled projections for the year at around 12% growth in sales year-over-year, with many members still encouraged about future growth in 2022.
NKBA Report finds cleanliness, sustainability and universal designs will be hot trends of 2022.
November 22, 2021
The National Kitchen & Bath Association (NKBA) released its annual Design Trends report. The 2022 study, a deep dive into all aspects of both kitchen and primary bathroom design, forecasts the styles, features, materials and innovations expected to be most popular over the next two to three years. The current study finds that the COVID-19 pandemic has accelerated consumer interest in and adoption of key trends in their homes such as integration of smart technology, multi-functional spaces and natural and nature-based designs.
NKBA announced its first-ever Luxury Kitchen Summit to be held virtually from June 23-24, 2021. The summit will feature top NKBA designers (serving the luxury market) and industry experts who will explore the meaning of luxury today, how to work with high net-worth clients, key style elements of elevated living, the path to becoming a luxury designer and much more.
NKBA and NAHB announced the virtual exhibitor booth experience will be postponed after battling with technical difficulties since the show's onset February 9. Scheduled programming and educational sessions will still continue as planned.
Report predicts 16% growth in residential bath and kitchen remodeling.
January 26, 2021
The National Kitchen & Bath Association (NKBA) released its 2021 Market Outlook report, revealing the industry is poised for continued growth with overall spending for both kitchen and bath projects to increase in the coming year. The industry anticipates a pronounced rebound in overall industry growth from -5.9% in 2020 to 16.6% in 2021, compared to 9% in 2018 and 1% in 2019.
The Kitchen & Bath Industry Show (KBIS) announced the product finalists for the 2021 Best of KBIS Awards. Regarded as one of the industry’s most prestigious awards, Best of KBIS recognizes the most innovative new kitchen and bath products of the year.
The Kitchen & Bath Industry Show (KBIS) revealed the lineup for the NKBA presents KBISNeXT Stage during KBIS Virtual in February. A cornerstone of this year’s KBIS Virtual experience and historically one of the most popular KBIS destinations, the KBISNeXT Stage delves into provocative industry topics throughout the show, February 9-12, 2021.
The National Kitchen & Bath Association (NKBA), announced registration for the Kitchen & Bath Industry Show (KBIS) 2021 Virtual experience is open. This year’s event is an entirely virtual format with new opportunities for both attendees and exhibitors, including an extra day of programming.