Over the past 18 months, I have been in the unique position to hear first-hand how the booming remodel market, supply chain disruptions and material costs are affecting plumbing distributors and showrooms while simultaneously being the end-user customer who’s remodeling her kitchen.
The heightened awareness and changing nature of the home was the dominant trend throughout the past year and a half, and the large percentage of consumers still working from home as we head into the end of 2021 — combined with health and wellbeing being top of mind — homeowners recognize that the primary bath can be a refuge from Zoom fatigue, a wellness center and a space where they can spend a few minutes for themselves, devoid of emails, texts, video calls, school assignments and family obligations.
Eemax has prioritized the assembly of the portable handwashing units along with its suite of handwashing products due to the critical need for hand sanitation manifested by the COVID pandemic.
The willingness to splurge, along with society's cornerstone focus on wellness, shows that these smart plumbing products are becoming the norm, rather than luxury upgrades.
The National Kitchen & Bath Association (NKBA) and John Burns Real Estate Consulting (JBREC) released its quarterly Kitchen & Bath Market Index (KBMI) for the second quarter of 2021. With estimates showing an 11% growth in sales for Q2 vs. Q1, the report suggests continued growth in the Kitchen and Bath market, despite ongoing material shortages and rising labor costs.
Ahh, the holidays. The time when families and friends gather to celebrate Thanksgiving, Christmas, Hanukkah and the New Year. What a special time...unless you are in the building industry. You are swamped with projects, struggling to get any product you can as your job timelines start to slip into 2022.
Revised 2021 outlook shows sales up more than 20%.
July 12, 2021
In its July update to the Kitchen & Bath Market Outlook, the National Kitchen & Bath Association (NKBA) revised its 2021 industry sales projection upward to $170.9 billion, up by a substantial 21.4% from 2020’s $140.8 billion in kitchen and bath spending and nearly 8% higher than the initial estimate for the year.