bathroom cabinets

World demand for bathroom cabinets are forecasted to expand three percent per year through 2010 (including price increases) to $16 billion. Building design trends that lead to greater cabinet use per residence will boost new residential cabinet demand and help offset a decline in single-family housing completions. Additionally, stronger expenditures for residential improvement and repair projects, which are the single largest end use for bathroom cabinets, will bolster demand through 2010. Changing consumer preferences in cabinet design and various demographic factors -- such as an aging world population that has the financial wherewithal to finance renovation projects -- will also aid demand. Despite the additional cost of transporting cabinets over a long distance, cabinet imports are expected to slightly increase their penetration into the world market through 2010. However, imports will account for only seven percent of total bathroom cabinets’ demand in 2010. The influx of imports will be offset by a growing popularity of higher-priced, semi custom and accessory-laden cabinets. Growth in bathroom cabinets’ shipments is expected to be in line with demand over the forecast period, with shipments exceeding $15 billion.