NKBA/John Burns Kitchen & Bath Market Index (KBMI) – Q1 2019

In oculis quidem se ipsam per se esse albam

Download Report

NKBA/John Burns Kitchen & Bath Market Index (KBMI) – Q1 2019

Download Report

We are proud to release the Q1 2019 NKBA/John Burns Kitchen & Bath Market Index (KBMI), the industry’s definitive gauge of kitchen and bath industry conditions. This quarterly index is the result of a partnership between John Burns Real Estate Consulting and the National Kitchen & Bath Association. The Q1 2019 survey results include 322 responses from manufacturers, retailers, building/construction companies and design firms that are members of the NKBA.

The kitchen and bath industry is firing on all cylinders. A KBMI of 71 indicates an optimistic view of current and future kitchen and bath sales and profits. Sales are currently growing year-over-year for most players across manufacturing, design, retail sales and building/construction. Our survey shows:

  • Strong Q1 expansion. The kitchen and bath industry expanded in Q1 2019, and the KBMI hit 71, up from 69.2 in Q4 2018 on a scale of 0–100, with 50 being flat.
  • 2019 outlook remains positive. The industry is more positive on future conditions (76.1 index reading) than on current conditions (67.5 index reading).
  • 56% of the industry expects sales will grow in Q2 2019, while 38% think sales will be flat YOY. Among the industry, manufacturers and building/construction companies are the most optimistic, with nearly 60% of players in these segments expecting growth and about 3% expecting lower sales in Q2.
  • Online sales growth outlook cools slightly in 2019. By segment, manufacturers and retailers had the highest online sales growth rates in 2018 at 4.6% and 5.6%, respectively. These segments both expect slightly less growth in 2019, 4.4% among manufacturers and 4.3% among retailers.
  • Lack of skilled labor, higher operating costs, trade/tariff concerns and economic uncertainty remain the top challenges and concerns facing the overall industry.
  • NKBA members across manufacturing, building/construction, retail/sales and design have highlighted five current and five emerging product and design trends to watch in 2019.
    • Five Major Product and Design Trends
      • White and gray are still the most popular cabinet colors.
      • Granite sales have shifted nearly entirely to quartz as consumers opt for lower maintenance.
      • Shift from bowl to apron-front sinks with a preference for fireclay and stainless materials.
      • Subway tiles are among the most popular kitchen backsplash and bathroom tile choices.
      • Consumers are moving away from traditional flooring to luxury vinyl tile and plank for a variety of reasons, including design aesthetic, low price and easy maintenance.
    • Five Emerging Product and Design Trends to Watch in 2019
      • Dark blue cabinetry: Consumers are increasingly asking for dark blue or navy cabinetry.
      • Brushed brass finishes: Brass is back as new modern finish options appeal to younger buyers.
      • Modern white oak flooring. Preference for clean, minimalistic design is driving demand for oak.
      • Textured countertops/surfaces: Matte finish countertops with texture could be the next big thing.
      • Smart kitchen fixtures: Demand for induction cooktops, steam ovens and smart fridges is rising.