According to the 2022 Kitchen and Bath Market Outlook, conducted by the National Kitchen and Bath Association (NKBA), full-year industry revenues are expected to reach $199 billion by the end of 2022.
Both the residential and commercial new construction and remodel sectors have experienced significant demand throughout the past two years. Pent up demand, coupled with inflation, societal shifts and other economic factors have led to revenue growth for bath and kitchen professionals throughout every level of the supply chain.