COVID-19 may remain in the news but it did not stop people from attending the 2023 KBIS/IDS show in Las Vegas. In fact, early estimates set the attendance in excess of 100,000 enthusiasts. Now that’s a show!
The NKBA announced its 2023 Board of Directors. Jan Heck, president and CEO of Miele USA, was elected NKBA Board Chair, succeeding Basil E. Larkin, senior vice president of sales at Hestan Commercial Corp.
The National Kitchen and Bath Association (NKBA) had a monumental year in 2022. It kicked off with the first in-person Kitchen and Bath Industry Show (KBIS) event since 2020. Additionally, in October, NKBA moved from Hackettstown, New Jersey to its brand new headquarters in Bethlehem, Pennsylvania.
The programs include the first NKBA International Buyer’s Tour, the NKBA Global Connect Pavilion, and the NKBA Global Connect Delegation Program. All will take place at the Las Vegas Convention Center, January 31 - Feb 2, 2023, in Las Vegas, Nevada.
The survey showed that designers’ client pool continues to be mostly older, mainly Gen X and Boomers. However, there is a growing Millennial client base that is gaining momentum. In fact, 17 percent of respondents said they are designing more for this group than any other, nearly double what it was in 2020.
Known for his enthusiasm, creativity and passion for family, art, the outdoors, horses and golf, Kohler touched a network of many different types of people.
An independent-minded entrepreneur, Kohler’s six decades of leadership were integral to Kohler’s growth and success, helping to shape the “Bold Look of Kohler” into what it is today.
While both inflation and mortgage rate increases have impacted the segment, the overall annual forecast still represents a double-digit increase over 2021.
The National Kitchen & Bath Association (NKBA) released its annual Market Outlook report. Its goal is to provide a thorough assessment of how various economic and housing market trends are impacting the kitchen and bath industry. The report provides a gauge of the current market size and a forecast for the entire year.
Supply chain issues and material shortages temper industry’s outlook despite continued strong market.
December 13, 2021
While the overall kitchen and bath industry continues to show healthy growth for the year, the overall index is down 4% quarter over quarter as lingering issues caused by the pandemic seem to be catching up to consumer sentiment. Despite this, the industry is coming off of a record-breaking quarter of growth in Q2, which has fueled projections for the year at around 12% growth in sales year-over-year, with many members still encouraged about future growth in 2022.