An average American spent just over 50 U.S. dollars on kitchen furniture in 2023 – only three dollars more than 16 years ago. In the last few years, the U.S. kitchen industry has been through fluctuation and
is projected to slow down for the kitchen furniture and kitchenware markets by 2029. Meanwhile,
has significantly grown in the last few years and a major renovation reached the cost of 60 thousand U.S. dollars in 2024. Kitchen storage is the focus of many consumers, with almost 70 percent of participants in a survey naming waste and recycling drawers as the
Leading companies
Masco Corporation is one of the retail giants in the plumping and home improvement market. Brands like Delta Faucet, Hansgrohe and BrassCraft all belong to the branch, that reached almost eight billion U.S. dollars in
revenue in 2024. In the same year, MasterBrand, a kitchen cabinetry enterprise owning brands like Omega and Diamond, earned 2.7 billion U.S. dollars in
net sales. One of the strongest players on the American appliance market is Whirlpool, which also owns KitchenAid, one of the leading small appliance brands in the United States. In 2023, the company earned almost 60 percent of its net sales from the distribution of
refrigerators and cooking appliances.
Biggest trends in the kitchen market
One of the
most important trends for 2025 will be the mixing of different materials and finishes in kitchens. Hidden, built-in appliances continue to stay popular, along with multi-functional kitchen islands. The most desired
luxury kitchen features of the year are natural stone countertops and backsplashes made from luxury materials, as well as water efficient and touch controlled
smart faucets. Other smart appliances, such as ovens, fridges, and coffee makers are also among the most popular luxury kitchen trends.
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