The willingness to splurge, along with society's cornerstone focus on wellness, shows that these smart plumbing products are becoming the norm, rather than luxury upgrades.
The National Kitchen & Bath Association (NKBA) and John Burns Real Estate Consulting (JBREC) released its quarterly Kitchen & Bath Market Index (KBMI) for the second quarter of 2021. With estimates showing an 11% growth in sales for Q2 vs. Q1, the report suggests continued growth in the Kitchen and Bath market, despite ongoing material shortages and rising labor costs.
Ahh, the holidays. The time when families and friends gather to celebrate Thanksgiving, Christmas, Hanukkah and the New Year. What a special time...unless you are in the building industry. You are swamped with projects, struggling to get any product you can as your job timelines start to slip into 2022.
Revised 2021 outlook shows sales up more than 20%.
July 12, 2021
In its July update to the Kitchen & Bath Market Outlook, the National Kitchen & Bath Association (NKBA) revised its 2021 industry sales projection upward to $170.9 billion, up by a substantial 21.4% from 2020’s $140.8 billion in kitchen and bath spending and nearly 8% higher than the initial estimate for the year.
The internet is just as accessible to a builder with an office one block from your showroom as it is for a builder hundreds of miles away. Popular e-commerce sites do not think of regional boundaries when they create business plans. These digital companies focus on market segments that can be located anywhere — anywhere the internet reaches.
The American Society of Civil Engineers’ 2021 U.S. infrastructure report card graded the United States wastewater system a D+, and the nation’s drinking water system received a C-. Additionally, according to the CDC, more than 500,000 kids in the U.S. have elevated levels of lead in their blood.
A total of 367 modern residences and penthouse suites feature the newest amenities and creature comforts – and each bathroom is outfitted with Gerber’s WaterSense certified Mid-Town faucets and tub and shower trim.
The EVR Series is a breakthrough touchless restroom faucet from Chicago Faucets. EVR operates hands-free, improving hygiene in any restroom, the company notes.
As an extension of the QuickDrain USA total shower solution, aimed to reimagine how drains should look and perform, the company recently launched its new SquareDrain point drain. Plumbing & Mechanical attended the virtual product launch event in April.