OCTOBER 2024CONSTRUCTIONBUSINESSREVIEW.COM6A fresh wave of innovation is sweeping into the kitchen and bath cabinets arena. Homeowners are now rethinking their home interior preferences by choosing cabinets that perfectly blend aesthetic appeal with practicality per their contemporary tastes and lifestyles.According to the latest reports, the kitchen cabinet market has significantly grown in recent years, from $144.51 billion in 2023 to $156.35 billion in 2024 at a CAGR of 8.2 percent.This growth is driven by a gamut of tech trends. Kitchen and bath cabinets are integrated with smart technology. The advanced cabinetry offers customizable lighting features that enhance both the functionality and ambiance of home interiors. Touchless cabinets are gaining immense popularity, providing superior, hygienic alternatives. Kitchens and bathrooms are featuring personalized controls accessible through apps, allowing users to customize lighting settings for different times of day and night. Voice-activated cabinetry is making lives easier and more efficient. Cabinets with integrated outlets and customizable sinks simplify prep, cooking and cleaning processes. This edition of Construction Business Review brings recent developments in the kitchen and bath cabinets arena and insights into how companies are bringing them to the table to deliver transformative customer experiences. It features thought leadership articles from industry experts, including Grant Ervin, vice president of external affairs and sustainability, at S&B USA, who discusses the urgent need for real estate investors and property owners to integrate electric vehicle charging infrastructure into their properties. As EV ownership continues to rise, at-home charging is no more a competitive advantage but a critical aspect of operational management. Gerard Staudt, senior managing director, head of dispositions, North America at Savills North America, explains why corporate commercial real estate professionals require a unique set of skills. The edition also spotlights leading companies such as Cosmo Cabinets, which specializes in full-service customizable kitchen and bath solutions tailored to the needs of multi-family, senior housing projects and build-to-rent single-family homes. We hope this edition featuring the Top Companies in Kitchen and Bath Cabinets of 2024 helps you build the partnership your organization needs to sharpen its competitive edge in the kitchen and bath cabinets arena. Let us know your thoughts!Tech-Driven Cabinetry for Smart LivingEDITORIALCopyright © 2024 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Editorial StaffDavid VincentFred SmithKevin DavisFredrick GallowayJames FerrerRose D. WilsonManaging EditorRobert MathewsVisualizerEmail:sales@constructionbusinessreview.comeditor@constructionbusinessreview.commarketing@constructionbusinessreview.com OCTOBER - 15 - 2024, Vol 04 Issue 09 (ISSN 2835-9429)Published by ValleyMedia, Inc.To subscribe to Construction Business ReviewVisit www.constructionbusinessreview.com Robert MathewsManaging Editoreditor@constructionbusinessreview.comDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOsCelestial Jordan
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