NKBA report predicts 16 percent growth in residential kitchen and bath remodeling
Comments HACKETTSTOWN, N.J. — The National Kitchen & Bath Association released its 2021 Market Outlook report. The report shows the industry is poised for continued growth with overall spending for both kitchen and bath projects to increase in the coming year. The industry anticipates a pronounced rebound in overall industry growth-from a decline of 5.9 percent in 2020 to growth of 16.6 percent in 2021, compared to 9 percent in 2018 and 1 percent in 2019. Homeowners cite the kitchen and bath areas as two times more important than other spaces within the home, and the kitchen particularly ga...