Report Price: $1995
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The NKBA/John Burns Kitchen & Bath Market Index (KBMI) delivers a quarterly overview of both current and projected conditions within the kitchen and bath industry. The Q4 2024 study surveyed 651 professionals across four key sectors: Design (27%), Building and Remodeling (29%), Manufacturing (25%), and Retail (19%). The report highlights crucial industry metrics, providing insights into trends, strengths, and weaknesses while also analyzing recent market shifts. It also examines new growth opportunities and the challenges professionals are facing, along with strategies they are employing to overcome them.
On average, the kitchen and bath industry expects a 3.7% growth in 2025 on a revenue-weighted basis.
Key Takeaways
- The KBMI and all its components showed positive movement in Q4 2024 compared to Q4 2023.
- The Q4 2024 KBMI Index rose to nearly 60 on a 100-point scale, up significantly from the previous quarter, indicating a positive shift as the year draws to a close, professionals from all segments—design, building and remodeling, retail, and manufacturing—express confidence in the industry’s upward trajectory.
- On average, the kitchen and bath industry expects a 3.7% growth in 2025 on a revenue-weighted basis.
Additional Topics Covered
- The ongoing impact of labor shortages on project timelines and how professionals are addressing these issues.
- Regional insights on the kitchen and bath market, highlighting the unique challenges faced by different areas.
- In-depth analysis of the performance metrics and other factors impacting each of the four K&B segments as they enter 2025.
This report provides essential insights for industry professionals seeking to stay ahead of market shifts and capitalize on emerging opportunities in the kitchen and bath industry.
