Report Price: $1995
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The National Kitchen & Bath Association (NKBA) has released its 2025 Kitchen & Bath Market Outlook, offering a comprehensive analysis of the current state and future projections for the U.S. kitchen and bath industry. This revised report provides a detailed look at market size in U.S. dollars, alongside updated forecasts for 2025.
Key updates to this year’s report include more precise market size estimates, thanks to new econometric models and data sources. There is also a deeper dive into high-end residential spending, along with a segment focusing on the remodeling of rental and investor properties. As a result of these enhancements, 2025 market size estimates are higher than those presented in last year’s report.
Spending on K&B repair and remodeling is forecasted to rise by 2.6% in 2025.
Key Takeaways
- In 2025, the kitchen and bath industry is projected to generate $235 billion in revenue, reflecting a modest 0.8% growth compared to the previous year.
- New construction spending in the kitchen and bath sector is expected to decline by 1.1% in 2025.
- Single-family home K&B spending is projected to decrease by 0.5%, while multifamily spending will see a larger drop of 5.0%.
- Spending on K&B repair and remodeling is forecasted to rise by 2.6% in 2025.
- Pro-led kitchen and bath projects are expected to outpace DIY renovations, with professional remodels forecasted to increase by 2.9%, compared to just 0.6% growth in DIY projects.
Additional Topics Covered
- Overview of the fix-and-flip market and its impact on kitchen and bath spending.
- Projected price changes for kitchen and bath products and services in 2025.
- Forecasted number of homeowner, investor and builder-led K&B projects for 2025.
This comprehensive report serves as a crucial tool for industry professionals, providing essential data and insights to navigate the evolving market landscape.