More Related Content Similar to Kentley insights 2021 manufacturing report sample (20) Kentley insights 2021 manufacturing report sample1. 2021 Market Research Report
Report:
Report Contents
3 Overview 14 Industry Revenue as a % of State Manufacturing
• Methodology, Industry Definition • Sales as a Percentage and State Rankings
4 Industry Snapshot - Revenue & Growth 15 Sales per Company by State
• Sales per Company and State Rankings
5 Industry Snapshot - Costs & Profitability
16 Producer Pricing Index
Section One • Annual PPI - Indexed to 2006
REVENUE & GROWTH BENCHMARKS • Forecasts for 2021 and the Next 5 Years
• Forecasts for 2020 and the Next 5 Years
7 Industry Growth Details • Monthly PPI Figures for the Past 4 Years
• Industry Revenues, Companies, & Facilities
• 2012-2020 Historical Figures 17 Consolidation Analysis
• Number of Companies by Size of Company
• Number of Facilities by Size of Company
8 Growth Benchmarks • Facilities per Company by Size of Company
• Revenues per Company & Facility • 2012 versus 2019
• Facilities per Company
• 2012-2020 Historical Figures 18 Employment by Company Size
• Forecasts for 2021 and the Next 5 Years • Number of Employees by Company Size
• Employees per Company by Size of Company
9 Breakdown of Product Lines • Employees per Facility by Size of Company
• Percentage of Revenue from Product Lines • 2012 versus 2019
10 Product Line Growth 19 Manufacturing Subsector Consolidation Analysis
• 4-Year CAGR • Number of Companies
• Number of Facilities
11 Manufacturing Subsector Growth • 5-Year CAGR
• Sales and 5-Year CAGR
20 Manufacturing Subsector Consolidation Analysis
12 Income vs. Revenue Growth Matrix • Facilities per Company
• Manufacturing Subsectors vs. Industry • Employees per Company
•5-Year CAGR
13 Industry Revenue as a % of State GDP
• Sales as a Percentage and State Rankings
• Forecasts for 2020, 2021, and the Next 5 Years
Kentley Insights
Wood Kitchen Cabinet and Countertop Manufacturing
December 2020
33711
Wood Kitchen Cabinet Countertop
Manufacturing Market Research
2. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 2
Report Contents (Continued)
Section Two 29 Industry Payroll
COST, CAPITAL & PROFIT BENCHMARKS • Payroll per Employee
• Payroll per Company
22 Profitability & Financial Ratio Analysis • Payroll per Facility
• Percent of Companies that are Profitable • 2012-2020 Historical Figures
• Average Net Income as a Percent of Revenue • Forecasts for 2021 and the Next 5 Years
• Financial Ratios - 10 ratios, such as Total Asset
Turnover, Assets to Liabilities, Return on 30 Payroll by Size of Company
Net Worth, Solvency Ratio • Payroll per Company
• Payroll per Facility
23 Operating Expenses • Payroll per Employee
• Industry Operating Expenses • 2012 versus 2019
• Industry Revenue vs. Operating Expense Growth
• Operating Expense as a Percent of Revenue 31 Payroll per Employee by State
• 2012-2020 Historical Figures • Payroll per Employee
• Forecasts for 2021 and the Next 5 Years • State Rankings
24 Operating Expenses by Company & Facility 32 Job Categorization Benchmarks
• Operating Expenses per Company • Management & Finance
• Operating Expenses per Facility • Operations
• Revenue vs. Expenses Growth per Facility • Sales & Marketing
• 2012-2020 Historical Figures • Technology, Engineering & Science
• Forecasts for 2021 and the Next 5 Years • Service, Support & Training
• Percent of Industry's Employees
25 Operating & Inventory Expense Detail
• Employee Expenses 33 Job Categorization Pay Ranges
• Cost of Materials • Management & Finance
• Sales, Service & Marketing
• Equipment Expenses • Operations
• Miscellaneous Expenses • Pay Bands
• Inventory Expenses - Finished, WIP, Materials
34 Top 20 Jobs in the Industry Breakdown
26 Plant Utilization & Hours • Percent of Total Employees
• Plant Utilization Rate • Rank Ordered
• Plant Operational Hours per Week
• 2017-2020 Historical Figures by Quarter 35 Pay Bands for the Top 20 Jobs in the Industry
• Pay Bands
27 Productivity & Industry Employment • Rank Ordered
• Revenue per Employee
• Total Industry Employees 36 Total Employment by State
• Employees per Company • Number of Employees and State Rankings
• 2012-2020 Historical Figures • State Rankings
• Forecasts for 2021 and the Next 5 Years
37 Population to Every Employee by State
28 Employee Productivity by State • Number of Residents to Industry Employee
• Revenue per Employee and State Rankings • State Rankings
© Kentley Insights 2020
• Buildings & Rent Expenses
3. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 3
Report Methodology
Industry Definition
Wood Kitchen Cabinet and Countertop Manufacturing
0
© Kentley Insights 2020
Kentley Insights is the leader in data-driven industry market research reports. This report includes
extensive data sets and forecasts on Wood Kitchen Cabinet and Countertop Manufacturing, which will
provide you with key insights and benchmarks to create a broad and in-depth diagnostic and
understanding of any company in the industry.
For this report, the core data is sourced from comprehensive business surveys filled out by companies
in the Wood Kitchen Cabinet and Countertop Manufacturing industry. Our analysts create the industry
forecasts utilizing historical trends, industry dynamics, econometrics, and macroeconomic trends.
This industry includes companies primarily engaged in manufacturing wood or plastics laminated on
wood kitchen cabinets, bathroom vanities, and countertops (except freestanding). The cabinets and
counters may be made on a stock or custom basis.
4. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 4
Industry Snapshot - Revenue & Growth
Overall Industry Size
Overall Industry Growth
Overall Industry Growth Forecast
Revenue per Company
Product Line Concentration
Producer Pricing Index
Industry Revenue as a Percent of State Manufacturing
Sales per Facility
© Kentley Insights 2020
Below is the revenue and growth snapshot for Wood Kitchen Cabinet and Countertop Manufacturing,
covering industry size, growth, forecasts, revenue per company, product line concentration, pricing,
sales per capita, sales per facility, and benchmarks.
The overall 2020 revenues of the Wood Kitchen Cabinet and Countertop Manufacturing was $15.4 billion. The
industry is about average in industry size, ranking in the top 60% of manufacturing industries.
Over the past 3 years, industry revenues have been growing at an annual rate of 2.4% per year. This growth
rate is outpacing the 0% average for manufacturing industries and ranks it in the top 40% of all manufacturing
industries.
Given the macroeconomic climate and industry dynamics, the forecasted industry revenue growth rate for the
next 5 years is 3.5% per year for the Wood Kitchen Cabinet and Countertop Manufacturing industry.
For Wood Kitchen Cabinet and Countertop Manufacturing , the top product line make up 40% of revenue,
which ranks in the bottom 40% of manufacturing industries for product line concentration.
For Wood Kitchen Cabinet and Countertop Manufacturing, South Dakota has the highest industry revenue as
a % of state manufacturing at 1.6%. This is 501% higher than the average of 0.3% per state.
For the industry, Indiana has the highest sales per facility at $7.6 million, which is 192% higher than the U.S.
average of $2.6 million in sales per facility.
In 2020, the average revenue per company for the industry was approximately $2.6 million, which grew at a
2.9% annual rate over the past 3 years.
From 2019 to 2020, PPI for the industry was 0.9%. While over the past 5 years, PPI has averaged 1.3% per
year.
5. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 5
Industry Snapshot - Costs, Capital & Profit
Operating Expenses
Operating Expense Breakdown
State Population per Industry Employee
Employee Productivity
Payroll per Employee
Payroll by State
Job Categorization
Profitability
© Kentley Insights 2020
In 2020, the operating expenses as a percent of revenue for Wood Kitchen Cabinet and Countertop
Manufacturing was 86.1%, and over the past 3 years total operating expenses for the industry grew at 2.5%
per year.
The breakdown of operating expenses for the industry is as follows: 36.3% for employee expenses, 48.3% for
cost of materials, 5.1% for buildings and expenses, and 10.3% for other expenses.
South Dakota ranks #1 in employment density within the industry, with 1 out of every 400 people in the state
in the industry.
In 2020, the sales per employee declined -2% to $167,057, which ranks the industry in the bottom 20% of
manufacturing industries.
In 2020, payroll per employee equaled $38,864 for the industry, which ranks it in the bottom 20% of
manufacturing industries. Payroll per employee has grew at an annual rate of 0.2% over the past 3 years.
Below is an industry snapshot on operating expenses, employee productivity, payroll, job categorization,
profitability, and relevant Wood Kitchen Cabinet and Countertop Manufacturing benchmarks.
Massachusetts is the highest paying state, with a payroll per employee of $50,443, which is 29.9% higher than
the U.S. average.
The jobs breakdown for Wood Kitchen Cabinet and Countertop Manufacturing is as follows: 15% of the jobs
are in management and finance, 79.5% of the jobs are in operations, while 5.5% of the jobs are in sales,
marketing and technology.
68.3% of companies in the industry are profitable, with an average net income of 7.7% of revenues, which
ranks the industry in the bottom 40% of manufacturing industries.
6. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 6
© Kentley Insights 2020
Revenue & Growth Benchmarks
Section One
7. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 7
Industry Growth Details
Industry Revenue ($ Thousands)
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 fcst 2025 fcst
($ Millions) 10,670 12,229 12,740 14,221 14,658 14,303 15,324 15,995 15,355 16,055 18,254
Annual Growth 14.6% 4.2% 11.6% 3.1% -2.4% 7.1% 4.4% -4.0% 4.6% 3.3%
9 10 11 12 13 14 15 16 17 18 19
Compound Annual Growth Rate 2.4% 3-Year 1.5% 5-Year 20
Number of Companies
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 fcst 2025 fcst
Companies 6,795 6,648 6,468 6,257 6,239 5,991 6,109 6,103 5,907 5,928 5,999
Annual Growth -2.2% -2.7% -3.3% -0.3% -4.0% 2.0% -0.1% -3.2% 0.4% 0.3%
56 57 58 59 60 61 62 63 64 65 66
Compound Annual Growth Rate -0.5% 3-Year -1.1% 5-Year
Number of Facilities (i.e., separate facilities and facilities)
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 fcst 2025 fcst
Facilities 6,862 6,711 6,533 6,323 6,307 6,164 6,107 6,192 5,919 5,969 6,041
Annual Growth -2.2% -2.7% -3.2% -0.3% -2.3% -0.9% 1.4% -4.4% 0.9% 0.3%
103 104 105 106 107 108 109 110 111 112 113
Compound Annual Growth Rate -1.3% 3-Year -1.3% 5-Year
© Kentley Insights 2020
To get a macro level view of Wood Kitchen Cabinet and Countertop Manufacturing, below are the historical details and
industry growth forecasts for total industry revenues, number of compaines, and number of facilities.
-
5,000
10,000
15,000
20,000
5,000
5,500
6,000
6,500
7,000
5,000
5,500
6,000
6,500
7,000
8. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 8
Growth Benchmarks
Revenue per Company ($ Thousands)
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 fcst 5-yr fcst
($ Thousands) 1,570 1,840 1,970 2,273 2,349 2,387 2,508 2,621 2,600 2,709 3,043
Annual Growth 17.1% 7.1% 15.4% 3.4% 1.6% 5.1% 4.5% -0.8% 4.2% 3.0%
Compound Annual Growth Rate 2.9% 3-Year 2.7% 5-Year
Revenue Per Facility ($ Thousands)
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 fcst 5-yr fcst
($ Thousands) 1,555 1,822 1,950 2,249 2,324 2,320 2,509 2,583 2,594 2,690 3,022
Annual Growth 17.2% 7.0% 15.3% 3.3% -0.2% 8.1% 2.9% 0.4% 3.7% 3.0%
Compound Annual Growth Rate 3.8% 3-Year 2.9% 5-Year
Facilities per Company
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 fcst 5-yr fcst
Est. per Company 1.01 1.01 1.01 1.01 1.01 1.03 1.00 1.01 1.00 1.01 1.01
Annual Growth 0.0% 0.1% 0.0% 0.0% 1.8% -2.8% 1.5% -1.2% 0.5% 0.0%
Compound Annual Growth Rate -0.9% 3-Year -0.2% 5-Year
© Kentley Insights 2020
Below are the normalized growth benchmarks for Wood Kitchen Cabinet and Countertop Manufacturing, including
revenue per company, revenue per facility, and facilities per company. These metrics are typically better to use to
benchmark a company's performance, since they normalize for company and facility growth.
-
1,000
2,000
3,000
4,000
-
1,000
2,000
3,000
4,000
0.98
0.99
1.00
1.01
1.02
1.03
1.04
9. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 9
Breakdown of Top Product Lines
Breakdown of Sales by Top Product Lines (%)
Wood Kitchen Cabinet and Countertop Manufacturing
42% 31%
9 31 19
13% 23%
10 32 20
18% 17%
11 33 21
12% 13%
12 34 22
8% 8%
13 35 23
7% 6%
14 36 24
1% 1%
15 37 25
16 38 26
17 39 27
18 40 28
Note: nsk - Not Specified by Kind
© Kentley Insights 2020
Bathroom vanities and related cabinetwork
for permanent installation, excluding those
sold directly to the customer at retail
Wood bathroom vanity tops, wood and
plastics laminated
Wood kitchen cabinet and counter tops,
wood and plastics laminated
Wood kitchen cabinet and countertop
manufacturing, nsk, total
Wood kitchen cabinets, bathroom vanities,
and related cabinetwork, custom, for
permanent installation, sold directly to the
customer at retail
Wood kitchen cabinets and related
cabinetwork, stock line, for permanent
installation
Below represents industry sales as a percentage of the top product lines, which is used to highlight potential growth
opportunities, strengths, and weaknesses.
Wood custom kitchen cabinets and related
cabinetwork for permanent installation,
excluding those sold directly to the
customer at retail
0% 10% 20% 30% 40% 50%
10. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 10
Product Line Growth
4- Year
CAGR 1.194 1.1183
9.2%
###### ###### 8 5 9.2%
-10.8%
###### ###### 15 12 -10.8%
2.5%
###### ###### 22 19 2.5%
-1.7%
###### ###### 29 26 -1.7%
2.5%
###### ###### 36 33 2.5%
2.6%
917.74$ ###### 43 40 2.6%
-0.9%
153.25$ 148.05$ 50 47 -0.9%
#VALUE! #VALUE! 57 54 ######
#VALUE! #VALUE! 64 61 ######
#VALUE! #VALUE! 71 68 ######
-$ -$
-$ -$
-$ -$
© Kentley Insights 2020
It is important to understand within the top product lines, if a company has been outperforming or underperforming the
growth of the industry. How have the product lines in your company been performing versus the industry?
Answering this question can often highlight opportunities where a little extra strategic focus could help grow the overall
sales of the company.
Wood kitchen cabinets and related
cabinetwork, stock line, for permanent
installation
Wood kitchen cabinets, bathroom vanities,
and related cabinetwork, custom, for
permanent installation, sold directly to the
customer at retail
Wood kitchen cabinet and counter tops,
wood and plastics laminated
Bathroom vanities and related cabinetwork
for permanent installation, excluding those
sold directly to the customer at retail
Wood bathroom vanity tops, wood and
plastics laminated
Wood custom kitchen cabinets and related
cabinetwork for permanent installation,
excluding those sold directly to the
customer at retail
Wood kitchen cabinet and countertop
manufacturing, nsk, total
4-Year CAGR by Product Line within the Wood Kitchen Cabinet and Countertop Manufacturing
Industry
-15.0% -10.0% -5.0% 0.0% 5.0% 10.0% 15.0%
11. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 11
Manufacturing Sector Growth
Sales Size & Growth 5-Yr CAGR Sales of Sector ($ Billions)
Manufacturing Subsector 2009 2014
Food 1.7% ##### 844$ 311
Beverage and tobacco product 0.2% ##### 157$ 312
Paper 0.6% 66.70$ 191$ 322
Petroleum and coal products -1.6% 58.95$ 468$ 324
Chemical 0.4% 29.06$ 768$ 325
Plastics and rubber products 0.2% 28.03$ 239$ 326
Primary metal 0.1% 24.84$ 229$ 331
Fabricated metal product -1.4% 327$ 332
Machinery 0.2% ##### 389$ 333
Computer and electronic product 3.0% ##### 349$ 334
Electrical equip. and appliances 1.4% ##### 135$ 335
Transportation equipment -1.2% 30.89$ 893$ 336
8.29$ 11$
Number of Employees & Growth 5-Yr CAGR Number of Employees
Manufacturing Subsector 77.00$ 3,779$
Food 0.3% ##### ##### 311
Beverage and tobacco product 2.1% ##### ##### 312
Paper -1.6% 66.70$ ##### 322
Petroleum and coal products -2.0% 58.95$ 92,474 324
Chemical 0.3% 29.06$ ##### 325
Plastics and rubber products -0.4% 28.03$ ##### 326
Primary metal -3.1% 24.84$ ##### 331
Fabricated metal product -2.4% ##### 332
Machinery -1.1% ##### ##### 333
Computer and electronic product 0.9% ##### ##### 334
Electrical equip. and appliances 0.3% ##### ##### 335
Transportation equipment -0.1% 30.89$ ##### 33635.43$ #N/A
© Kentley Insights 2020
Below is the size and growth of all of the major manufacturing subsectors, which is typically utilized to understand how
an industry is performing against the macro economy.
$844
$157
$191
$468
$768
$239
$229
$327
$389
$349
$135
$893
$- $200 $400 $600 $800 $1,000
1,506,638
204,536
323,687
92,474
769,067
725,292
340,526
1,281,697
1,019,636
832,598
350,366
1,467,848
- 500,000 1,000,000 1,500,000 2,000,000
12. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 12
Income vs. Revenue Growth Matrix
category #N/A #N/A
311 Food 2% 6%
312Beverage and tobacco product 0% 14%
322 Paper 1% 8%
324Petroleum and coal products 6%
325Chemical 1% 11%
326Plastics and rubber products 0% 5%
331Primary metal 1% 3%
332Fabricated metal product -2% 9%
333Machinery 3%
334Computer and electronic product 4%
335Elec. equip., appliance, and component 3% 10%
336Transportation equipment -2% 6%
33711 Wood Kitchen Cabinet and Countertop Manufacturing2% 7%
© Kentley Insights 2020
Similar to the famous BCG Matrix, though substituting net income margin for relative market share and taking it to the
industry level, the Income vs. Revenue Growth Matrix is an insightful tool to create context for an industry and
companies. Where is your industry on the matrix? And, more importantly, where does your company fall on the matrix?
Industries which can generate high net income margin and high revenue growth are known as the Star industries, which
often attract higher levels of competition chasing the growth. Those that generate low net income margin and low
revenue growth are known as the Dogs. Often, Dog industries are very mature, and growth comes from consolidation
and driving costs out of the business. Industries with high net income margin and low revenue growth are Cash Cows,
which typically are more mature and have less overall investment, but have nice industry dynamics to protect the margins
of the industry. Question Mark industries are those that have high revenue growth, but low net income margin.
Companies in Question Mark industries, which can drive competitive differentiation and a higher net income margin, can
often realize significant profit growth.
Beverage and tobacco
product
Paper
Chemical
Primary metal
Plastics and rubber
products
Fabricated metal
product
Elec. equip., appliance, and
component
Transportation
equipment
Wood Kitchen
Cabinet and
Countertop
Manufacturing
0%
2%
4%
6%
8%
10%
12%
14%
16%
-3% -2% -1% 0% 1% 2% 3% 4% 5%
NetIncomeMargin
3-Year Revenue Growth
Cash Cows Stars
Question MarksDogs
13. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 13
Industry Revenue as a % of State GDP
0.755549388 Rank 1.499 16 population
3 Alabama 3 0.30% 678,648$ 228,142,600 ##### ##### 228143
# Alaska 49 0.00% 2,261$ 54,385,600 54386
# Arizona 20 0.07% 243,495$ 370,119,100 370119
# Arkansas 25 0.05% 60,319$ 130,954,100 130954
# California 34 0.03% 960,348$ 3,132,800,600 3E+06
# Colorado 30 0.04% 142,092$ 392,986,000 392986
# Connecticut 31 0.03% 95,685$ 287,822,200 287822
# Delaware 48 0.01% 4,847$ 77,082,400 77082
# Florida 36 0.03% 314,881$ 1,106,500,100 1E+06
# Georgia 12 0.09% 548,064$ 625,713,600 625714
# Hawaii 35 0.03% 28,868$ 95,744,300 95744
# Idaho 28 0.04% 32,406$ 83,665,500 83666
# Illinois 22 0.06% 540,948$ 885,583,000 885583
2 Indiana 2 0.32% 1,225,881$ 379,684,100 379684
6 Iowa 6 0.13% 249,113$ 194,658,100 194658
5 Kansas 5 0.15% 262,502$ 176,493,100 176493
# Kentucky 14 0.08% 178,915$ 215,398,900 215399
# Louisiana 40 0.02% 62,305$ 256,918,500 256919
# Maine 39 0.02% 16,685$ 67,717,100 67717
# Maryland 13 0.09% 367,172$ 426,747,400 426747
# Massachusetts 46 0.02% 103,043$ 596,593,100 596593
# Michigan 43 0.02% 119,988$ 536,888,300 536888
4 Minnesota 4 0.16% 628,640$ 383,777,000 383777
# Mississippi 27 0.04% 47,330$ 115,971,300 115971
# Missouri 17 0.08% 249,044$ 328,400,600 328401
# Montana 29 0.04% 19,986$ 52,934,600 52935
# Nebraska 38 0.03% 32,992$ 130,011,800 130012
# Nevada 47 0.01% 23,331$ 178,199,400 178199
# New Hampshire 26 0.04% 37,879$ 87,634,100 87634
# New Jersey 44 0.02% 140,951$ 634,783,600 634784
# New Mexico 45 0.02% 23,308$ 105,143,400 105143
# New York 42 0.02% 413,192$ 1,772,260,700 2E+06
7 North Carolina 7 0.12% 715,343$ 591,600,900 591601
9 North Dakota 9 0.10% 57,377$ 57,180,900 57181
# Ohio 11 0.09% 615,656$ 695,361,600 695362
# Oklahoma 41 0.02% 48,205$ 202,036,100 202036
8 Oregon 8 0.11% 269,196$ 253,623,200 253623
# Pennsylvania 16 0.08% 657,598$ 808,737,500 808738
no dataRhode Island no data no data -$ 61,883,800 61884
# South Carolina 37 0.03% 68,085$ 247,543,800 247544
1 South Dakota 1 0.47% 256,074$ 54,940,900 54941
# Tennessee 24 0.05% 181,665$ 376,582,400 376582
# Texas 19 0.07% 1,305,565$ 1,843,802,700 2E+06
# Utah 10 0.09% 178,726$ 192,519,200 192519
# Vermont 32 0.03% 10,984$ 34,013,400 34013
# Virginia 15 0.08% 455,740$ 556,905,200 556905
# Washington 23 0.06% 359,257$ 612,996,500 612997
# West Virginia 21 0.06% 50,851$ 78,863,900 78864
# Wisconsin 18 0.08% 263,037$ 349,416,500 349417
# Wyoming 33 0.03% 13,006$ 40,420,100 40420
Industry revenue as a percentage of state GDP is a go-to metric to understand how important your industry is to a state
and sometimes the market potential in the states you compete in. "No data" indicates no industry manufacturing facilities
or an insufficient sample size.
0.00% 0.10% 0.20% 0.30% 0.40% 0.50%
14. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 14
Industry Revenue as a % of State Manufacturing GDP
0.26% Rank 1.499 07 population
3 Alabama 3 0.54% 678,648$ 126,110,947.00 35,625
# Alaska 47 0.03% 2,261$ 7,588,298 46,778
6 Arizona 6 0.47% 243,495$ 51,932,319 35,979
# Arkansas 40 0.10% 60,319$ 62,804,616 34,723
# California 26 0.19% 960,348$ 513,477,848 44,980
# Colorado 18 0.28% 142,092$ 49,930,955 45,135
# Connecticut 29 0.17% 95,685$ 55,765,579 58,908
# Delaware 49 0.02% 4,847$ 21,557,625 41,940
# Florida 14 0.33% 314,881$ 96,645,082 40,344
# Georgia 12 0.35% 548,064$ 155,347,908 36,869
# Hawaii 10 0.38% 28,868$ 7,573,420 44,024
# Idaho 30 0.16% 32,406$ 20,594,379 33,749
# Illinois 25 0.19% 540,948$ 285,336,528 44,815
5 Indiana 5 0.51% 1,225,881$ 242,718,850 36,902
# Iowa 21 0.21% 249,113$ 117,546,275 42,126
# Kansas 15 0.31% 262,502$ 85,070,843 41,835
# Kentucky 33 0.14% 178,915$ 128,065,758 35,041
# Louisiana 48 0.02% 62,305$ 260,129,771 39,413
# Maine 39 0.11% 16,685$ 15,810,003 39,481
2 Maryland 2 0.92% 367,172$ 39,942,010 51,971
# Massachusetts 36 0.12% 103,043$ 83,283,325 54,687
# Michigan 46 0.05% 119,988$ 238,994,731 37,497
4 Minnesota 4 0.51% 628,640$ 123,919,160 46,227
# Mississippi 42 0.07% 47,330$ 68,521,353 33,073
# Missouri 20 0.22% 249,044$ 110,990,477 39,049
# Montana 28 0.17% 19,986$ 11,531,952 37,370
# Nebraska 45 0.06% 32,992$ 56,392,990 43,143
# Nevada 31 0.15% 23,331$ 15,660,309 37,361
# New Hampshire 23 0.20% 37,879$ 18,953,794 47,058
# New Jersey 34 0.13% 140,951$ 107,801,118 53,628
# New Mexico 41 0.08% 23,308$ 28,390,135 35,079
# New York 16 0.29% 413,192$ 144,539,331 52,095
# North Carolina 13 0.35% 715,343$ 202,791,978 37,049
9 North Dakota 9 0.39% 57,377$ 14,682,115 51,893
# Ohio 24 0.20% 615,656$ 313,902,709 39,289
# Oklahoma 44 0.07% 48,205$ 72,759,049 39,006
8 Oregon 8 0.43% 269,196$ 63,199,650 38,786
# Pennsylvania 19 0.28% 657,598$ 235,317,224 43,616
no dataRhode Island no data no data -$ 11,234,836 44,990
# South Carolina 43 0.07% 68,085$ 101,527,872 34,266
1 South Dakota 1 1.57% 256,074$ 16,270,293 43,659
# Tennessee 35 0.13% 181,665$ 140,871,766 37,678
# Texas 27 0.18% 1,305,565$ 706,615,344 41,471
# Utah 11 0.36% 178,726$ 49,727,382 34,601
# Vermont 38 0.12% 10,984$ 9,180,761 42,994
7 Virginia 7 0.46% 455,740$ 98,899,422 47,082
# Washington 17 0.28% 359,257$ 126,149,085 45,413
# West Virginia 22 0.20% 50,851$ 24,893,663 34,477
# Wisconsin 32 0.15% 263,037$ 178,178,133 40,537
# Wyoming 37 0.12% 13,006$ 10,804,934 48,670
Industry revenue as a percentage of state manufacturing GDP is a go-to metric to understand how important your
industry is to a state's manufacturing sector. "No data" indicates an insufficient sample size.
0.00% 0.50% 1.00% 1.50% 2.00%
15. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 15
Sales per Company by State
Rank $ 000s 1 1.256 0.882
5 Alabama 5 4,721 678,648$ 144$
# Alaska 49 366 2,261$ 6$
# Arizona 10 3,326 243,495$ 73$
# Arkansas 36 1,052 60,319$ 57$
# California 25 1,521 960,348$ 631$
# Colorado 28 1,321 142,092$ 108$
# Connecticut 31 1,167 95,685$ 82$
# Delaware 48 458 4,847$ 11$
# Florida 41 732 314,881$ 430$
# Georgia 14 2,690 548,064$ 204$
# Hawaii 30 1,259 28,868$ 23$
# Idaho 46 548 32,406$ 59$
# Illinois 15 2,655 540,948$ 204$
1 Indiana 1 7,554 1,225,881$ 162$
8 Iowa 8 3,668 249,113$ 68$
4 Kansas 4 5,616 262,502$ 47$
# Kentucky 11 3,074 178,915$ 58$
# Louisiana 39 917 62,305$ 68$
# Maine 42 701 16,685$ 24$
3 Maryland 3 6,122 367,172$ 60$
# Massachusetts 29 1,313 103,043$ 78$
# Michigan 32 1,163 119,988$ 103$
# Minnesota 16 2,630 628,640$ 239$
# Mississippi 33 1,095 47,330$ 43$
# Missouri 20 1,743 249,044$ 143$
# Montana 47 462 19,986$ 43$
# Nebraska 34 1,069 32,992$ 31$
# Nevada 43 645 23,331$ 36$
# New Hampshire 22 1,652 37,879$ 23$
# New Jersey 35 1,065 140,951$ 132$
# New Mexico 44 629 23,308$ 37$
# New York 26 1,450 413,192$ 285$
7 North Carolina 7 3,773 715,343$ 190$
# North Dakota 24 1,549 57,377$ 37$
9 Ohio 9 3,490 615,656$ 176$
# Oklahoma 37 926 48,205$ 52$
# Oregon 21 1,715 269,196$ 157$
# Pennsylvania 12 2,846 657,598$ 231$
no dataRhode Island no data no data -$ 12$
# South Carolina 40 877 68,085$ 78$
2 South Dakota 2 7,259 256,074$ 35$
# Tennessee 23 1,572 181,665$ 116$
6 Texas 6 4,597 1,305,565$ 284$
# Utah 27 1,447 178,726$ 123$
# Vermont 45 623 10,984$ 18$
# Virginia 13 2,793 455,740$ 163$
# Washington 18 2,238 359,257$ 161$
# West Virginia 17 2,306 50,851$ 22$
# Wisconsin 19 1,744 263,037$ 151$
# Wyoming 38 922 13,006$ 14$
© Kentley Insights 2020
Sales per company highlights the competitive intensity and leverage of companies in a state. Those states with high sales
per company most likely face increasing competition. "No data" indicates no industry manufacturing facilities or an
insufficient sample size.
- 2,000 4,000 6,000 8,000
16. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 16
Producer Price Index (PPI)
Wood Kitchen Cabinet and Countertop Manufacturing Producer Pricing Index
(Indexed at 100 in 2006)
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 fcst 2025 fcst
PPI 1.08 1.12 1.14 1.17 1.18 1.19 1.20 1.23 1.24 1.25 1.27
Annual Growth 3.1% 2.4% 1.9% 1.2% 0.9% 1.2% 2.2% 0.9% 1.0% 0.3%
8 9 10 11 12 13 14 15 16 17 18
Compound Annual Growth Rate 1.4% 3-Year 1.3% 5-Year
Wood Kitchen Cabinet and Countertop Manufacturing Industry PPI
(Indexed at 100 in 2006)
2017 2018 2019 2020
Jan.
1.18 1.20 1.22 1.24 53 65 77 89 1
Feb.
1.19 1.20 1.22 1.24 54 66 78 90 2
Mar.
1.19 1.20 1.22 1.24 55 67 79 91 3
Apr.
1.19 1.20 1.23 1.24 56 68 80 92 4
May
1.19 1.21 1.24 1.24 57 69 81 93 5
Jun.
1.19 1.21 1.24 1.24 58 70 82 94 6
Jul.
1.19 1.21 1.24 1.24 59 71 83 95 7
Aug.
1.19 1.20 1.23 1.24 60 72 84 96 8
Sep.
1.19 1.20 1.23 1.24 61 73 85 97 9
Oct. 1.19 1.20 1.24 1.24 62 74 86 98 10
Nov.
1.18 1.20 1.23 - 63 75 87 99 11
Dec.
1.19 1.21 1.24 - 64 76 88 100 12
© Kentley Insights 2020
Understanding the producer pricing dynamics of an industry is critical to help inform the decisions of a company. Below
is the historical and forecasted producer pricing index of the industry, and the seasonality of PPI over the past 4 years.
0.90
1.00
1.10
1.20
1.30
1.16 1.18 1.20 1.22 1.24 1.26
2017
2018
2019
2020
17. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 17
Consolidation Analysis
Wood Kitchen Cabinet and Countertop Manufacturing
Company Size 2012 2019 5 Yr. Growth #DIV/0!
0-4 4,086 3,255 -20% 224 188 3.5%
5-9 1,405 1,236 -12% 225 189 1.3%
10-19 730 759 4% 226 190 0.8%
20-99 469 543 16% 227 192 0.6%
100-499 81 90 11% 228 193 0.1%
500+ 24 25 2% 229 195 0.0%
6795 5906.7 6.4%
Number of Facilities
Company Size 2012 2019 5 Yr. Growth #####
0-4 4,088 3,228 -21% 236 196 #DIV/0!
5-9 1,406 1,225 -13% 237 197 #DIV/0!
10-19 732 754 3% 238 198 #DIV/0!
20-99 473 544 15% 239 200 #DIV/0!
100-499 98 110 12% 240 201 #DIV/0!
500+ 65 59 -9% 241 203 #DIV/0!
6862 5918.8 #DIV/0!
Facilities per Company
Company Size 2012 2019 5 Yr. Growth #REF!
0-4 1.0 1.0 -1% 230 204 0.2%
5-9 1.0 1.0 -1% 231 205 0.2%
10-19 1.0 1.0 -1% 232 206 0.2%
20-99 1.0 1.0 -1% 233 208 0.2%
100-499 1.2 1.2 1% 234 209 0.2%
500+ 2.7 2.4 -11% 235 211 0.6%
7.9307 7.6018 1.6%
© Kentley Insights 2020
Number of Companies
While industry level benchmarks are useful, digging into the growth and consolidation dynamics by the size of companies
(e.g., 0-4 employees = small company, 500+ employees = large company) can provide deep context and insight into the
competitive dynamics. Below you have the number of companies, facilities and facilities per company by business size and
growth.
-20%
-12%
4%
16%
11%
2%
-25% -20% -15% -10% -5% 0% 5% 10% 15% 20%
Number of Companies - Growth (%)
-21%
-13%
3%
15%
12%
-9%
-30% -20% -10% 0% 10% 20%
Number of Locations - Growth (%)
-1%
-1%
-1%
-1%
1%
-11%
-12% -10% -8% -6% -4% -2% 0% 2%
Locations per Company - Growth (%)
NumberofEmployeesNumberofEmployeesNumberofEmployees
18. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 18
Employment by Business Size
Wood Kitchen Cabinet and Countertop Manufacturing
Number of Employees
Company Size 2012 2019 5 Yr. Growth 0.944
0-4 7,696 6,753 -12% 230 204 7.3%
5-9 9,219 8,855 -4% 231 205 9.6%
10-19 9,820 11,136 13% 232 206 12.1%
20-99 16,850 21,489 28% 233 208 23.4%
100-499 13,259 19,059 44% 234 209 20.7%
500+ 19,208 24,625 28% 235 211 26.8%
76052 91916 100.0%
Employees per Company
Company Size 2012 2019 5 Yr. Growth 0.936
0-4 1.9 2.1 10% 236 196 #DIV/0!
5-9 6.6 7.2 9% 237 197 #DIV/0!
10-19 13.5 14.7 9% 238 198 #DIV/0!
20-99 35.9 39.6 10% 239 200 #DIV/0!
100-499 163.7 212.5 30% 240 201 #DIV/0!
500+ 800.3 1,003.3 25% 241 203 #DIV/0!
#DIV/0!
Employees per Facility
Company Size 2012 2019 5 Yr. Growth 1.0278
0-4 1.9 2.1 11% 230 204 0.4%
5-9 6.6 7.2 10% 231 205 1.3%
10-19 13.4 14.8 10% 232 206 2.7%
20-99 35.6 39.5 11% 233 208 7.3%
100-499 135.3 174.0 29% 234 209 27.7%
500+ 295.5 417.6 41% 235 211 60.5%
488.28 655.19 100.0%
© Kentley Insights 2020
Employment dynamics by size of company highlights a deeper level of insight into what size companies are growing and
shrinking. Below are metrics on employees , employees per company, and employees per facility segmented by business
size with growth figures.
-12%
-4%
13%
28%
44%
28%
-20% -10% 0% 10% 20% 30% 40% 50%
Employment - Growth (%)
10%
9%
9%
10%
30%
25%
0% 5% 10% 15% 20% 25% 30% 35%
Employees per Company - Growth (%)
11%
10%
10%
11%
29%
41%
0% 10% 20% 30% 40% 50%
Employees per Location - Growth (%)
NumberofEmployeesNumberofEmployeesNumberofEmployees
19. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 19
Subsector Consolidation Analysis (1/2)
Manufacturing Subsector
Food -0.3% ##### ##### 311 311
Beverage and tobacco product 5.4% ##### ##### 312 312
Paper -1.7% 66.70$ ##### 322 322
Petroleum and coal products -0.5% 58.95$ ##### 324 324
Chemical 0.1% 29.06$ ##### 325 325
Plastics and rubber products -1.3% 28.03$ ##### 326 326
Primary metal -2.1% 24.84$ ##### 331 331
Fabricated metal product -0.3% ##### 332 332
Machinery -0.8% ##### ##### 333 333
Computer and electronic product -0.8% ##### ##### 334 334
Electrical equip. and appliances -0.8% ##### ##### 335 335
Transportation equipment 0.0% 30.89$ ##### 336 336
-1.2% 33711 33711
5-Yr. Growth in # of Facilities
Manufacturing Subsector
Food 0.2% ##### ##### 311 441
Beverage and tobacco product 2.7% ##### ##### 312 442
Paper -1.1% 66.70$ ##### 322 4431
Petroleum and coal products -1.4% 58.95$ ##### 324 444
Chemical -0.4% 29.06$ ##### 325 445
Plastics and rubber products -1.0% 28.03$ ##### 326 4461
Primary metal -2.4% 24.84$ ##### 331 4471
Fabricated metal product -1.3% ##### 332 448
Machinery -1.0% ##### ##### 333 451
Computer and electronic product -0.4% ##### ##### 334 452
Electrical equip. and appliances -0.4% ##### ##### 335 454
Transportation equipment -1.2% 30.89$ ##### 336 722
-1.3% 33711 33711
© Kentley Insights 2020
5-Yr. Growth in # of Companies
Wood Kitchen Cabinet and
Countertop Manufacturing
Comparing your company's growth versus the other manufacturing subsectors can provide broader strategic
context. Below are the growth rates of number of companies and facilities in the major manufacturing
subsectors.
Wood Kitchen Cabinet and
Countertop Manufacturing
-0.3%
5.4%
-1.7%
-0.5%
0.1%
-1.3%
-2.1%
-0.3%
-0.8%
-0.8%
-0.8%
0.0%
-1.2%
-4.0% -2.0% 0.0% 2.0% 4.0% 6.0%
5 -Year CAGR (%) - Number of Companies
0.2%
2.7%
-1.1%
-1.4%
-0.4%
-1.0%
-2.4%
-1.3%
-1.0%
-0.4%
-0.4%
-1.2%
-1.3%
-3.0% -2.0% -1.0% 0.0% 1.0% 2.0% 3.0%
5 -Year CAGR (%) - Number of Locations
20. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 20
Subsector Consolidation Analysis (2/2)
Manufacturing Subsector
Food 0.1% 311 441
Beverage and tobacco product 0.5% 312 442
Paper 0.4% 322 4431
Petroleum and coal products -1.6% 324 444
Chemical -0.5% 325 445
Plastics and rubber products 0.3% 326 4461
Primary metal -1.2% 331 4471
Fabricated metal product -0.9% 332 448
Machinery -0.2% 333 451
Computer and electronic product 0.5% 334 452
Electrical equip. and appliances 0.2% 335 454
Transportation equipment -0.7% 336 722
-0.8% 33711 33711
Manufacturing Subsector
Food 1.3% ##### ##### 311 441
Beverage and tobacco product 1.8% ##### ##### 312 442
Paper -0.1% 66.70$ ##### 322 4431
Petroleum and coal products -0.3% 58.95$ ##### 324 444
Chemical 0.9% 29.06$ ##### 325 445
Plastics and rubber products 1.8% 28.03$ ##### 326 4461
Primary metal -0.2% 24.84$ ##### 331 4471
Fabricated metal product -0.9% ##### 332 448
Machinery 0.4% ##### ##### 333 451
Computer and electronic product 0.6% ##### ##### 334 452
Electrical equip. and appliances 1.7% ##### ##### 335 454
Transportation equipment 1.5% 30.89$ ##### 336 722
2.2% 33711 33711
© Kentley Insights 2020
5-Yr. Growth - Facilities per Co.
5-Yr. Growth - Empl. per Co.
Wood Kitchen Cabinet and
Countertop Manufacturing
Wood Kitchen Cabinet and
Countertop Manufacturing
Below are the growth metrics for facilities per company and employees per company across the major
manufacturing subsectors.
0.1%
0.5%
0.4%
-1.6%
-0.5%
0.3%
-1.2%
-0.9%
-0.2%
0.5%
0.2%
-0.7%
-0.8%
-2.0% -1.5% -1.0% -0.5% 0.0% 0.5% 1.0%
5 -Year CAGR (%) - Locations per Company
1.3%
1.8%
-0.1%
-0.3%
0.9%
1.8%
-0.2%
-0.9%
0.4%
0.6%
1.7%
1.5%
2.2%
-1.5% -1.0% -0.5% 0.0% 0.5% 1.0% 1.5% 2.0% 2.5%
5 -Year CAGR (%) - Employees per Company Growth
21. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 21
© Kentley Insights 2020
Costs, Capital & Profit Benchmarks
Section Two
22. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 22
Profitability & Financial Ratio Analysis
Percent of Companies that are Profitable
ProfitableUnprofitable
68% 32%
Average Net Income as a Percent of Revenues
Total Receipts1E+08 Net Income7E+06
-5.7%
7.7%
Financial Ratios
Total RevenuesTotal Assets#####
Total Asset Turnover 1.84
92 Total AssetsNet Worth #####
Fixed Asset Turnover 3.04
93 Total Liabilities#####
Fixed Assets to Total Assets Ratio 0.56
94 Total Sales #####
Total Assets to Total Liabilities Ratio 1.74
95 Fixed Assets#####
Return on Sales 0.06
96 Net Income#####
Return on Total Assets 0.10
97 After Tax Income#####
Return on Net Worth 0.24
98
Total Liabilities to Net Worth Ratio 1.84
99
Fixed Assets to Net Worth Ratio 1.36
100
Solvency Ratio 0.21
101
© Kentley Insights 2020
Below are benchmarks for the percent of companies that are profitable, average net income as a percent of revenues,
and financial ratios including total asset turnover, fixed asset turnover, fixed assets to total assets ratio, total assets to
total liabilities ratio, return on sales, return on total assets, return on net worth, total liabilities to net worth ratio, fixed
assets to net worth ratio, and solvency ratio.
Profitable
Companies
Unprofitable
Companies
Profitable
68%
Not Profitable
32%
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
-5.7%
7.7%
-8.0% -6.0% -4.0% -2.0% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0%
0.0 1.0 2.0 3.0 4.0
23. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 23
Operating Expenses
Industry Operating Expenses
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 fcst 2025 fcst
($ Millions) 9,497 10,146 10,785 11,744 11,873 12,288 13,119 13,534 13,223 13,505 15,135
Annual Growth 6.8% 6.3% 8.9% 1.1% 3.5% 6.8% 3.2% -2.3% 2.1% 2.9%
244 245 246 247 248 249 250 251 252 253 254
Compound Annual Growth Rate 2.5% 3-Year 2.4% 5-Year
Industry Revenue vs. Operating Expense Growth
revenue 0.0% 14.6% 4.2% 11.6% 3.1% -2.4% 7.1% 4.4% -4.0% 4.6% 3.3%
costs 0.0% 6.8% 6.3% 8.9% 1.1% 3.5% 6.8% 3.2% -2.3% 2.1% 2.9%
2013 2014 2015 2016 2017 2018 2019 2020 2021 fcst 5yr fcst.
Operating Expense as a Percent of Revenues
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 fcst 5-yr fcst
OPEX / Revenue 89% 83% 85% 83% 81% 86% 86% 85% 86% 84% 83%
© Kentley Insights 2020
Below is total industry operating expense, industry revenue vs. industry opex growth, and opex as a percentage of
revenue for Wood Kitchen Cabinet and Countertop Manufacturing. The data sets include historicals and forecasts.
-
10,000
20,000
-5.0%
0.0%
5.0%
10.0%
15.0%
20.0% Revenue Growth
Expense Growth
76%
78%
80%
82%
84%
86%
88%
90%
24. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 24
Operating Expenses per Company & Facility
Industry Operating Expenses per Company
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 fcst 2025 fcst
($ Thousands) 1,398 1,526 1,667 1,877 1,903 2,051 2,147 2,217 2,239 2,278 2,523
Annual Growth 9.2% 9.3% 12.6% 1.4% 7.8% 4.7% 3.3% 1.0% 1.8% 2.6%
21 22 23 24 25 26 27 28 29 30
Compound Annual Growth Rate 3.0% 3-Year 3.6% 5-Year
Industry Operating Expenses per Facility
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 fcst 2025 fcst
($ Thousands) 1,384 1,512 1,651 1,857 1,882 1,993 2,148 2,186 2,234 2,262 2,505
Annual Growth 9.2% 9.2% 12.5% 1.4% 5.9% 7.8% 1.7% 2.2% 1.3% 2.6%
21 22 23 24 25 26 27 28 29 30
Compound Annual Growth Rate 3.9% 3-Year 3.8% 5-Year
Revenue Growth per Facility vs. Operating Expense Growth per Facility
revenue 17.2% 7.0% 15.3% 3.3% -0.2% 8.1% 2.9% 0.4% 3.7% 3.0%
costs 9.2% 9.2% 12.5% 1.4% 5.9% 7.8% 1.7% 2.2% 1.3% 2.6%
2013 2014 2015 2016 2017 2018 2019 2020 2021 fcst 2025 fcst
© Kentley Insights 2020
Given the dynamics of company and facility growth and consolidation in the industry, it is important to normalize
operating expense growth by company and facility, which are below. This serves as a better benchmark for operating
expense comparisons.
-
1,000
2,000
3,000
-2.0%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
16.0%
18.0%
20.0% Revenue Growth
Expense Growth
-
1,000
2,000
3,000
25. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 25
Operating Expense Detail
Operating Cost Breakdown
36.3% 9
28.9% 10 28.9%
2.6% 12 2.6%
0.1% 13 0.1%
0.4% 14 0.4%
3.3% 15 3.3%
1.0% 54 1.0%
48.3% #REF!
44.9% 20 44.9%
1.0% 21 1.0%
1.5% 22 1.5%
1.0% 24 1.0%
5.1% 29
1.7% 46 1.7%
0.4% 52 0.4%
0.4% 45 0.4%
1.8% 51 1.8%
0.9% 59 0.9%
10.3% 12
0.7% 62 0.7%
0.3% 56 0.3%
0.2% 28 0.2%
0.4% 13 0.4%
0.3% #REF! 0.3%
0.4% 23 0.4%
8.1% 30 8.1%
Inventory Breakdown
6.9%
1.5% 41 1.5%
1.8% 42 1.8%
3.6% 43 3.6%
© Kentley Insights 2020
Defined contribution plans
Defined benefit pension plans
Health insurance
Temporary staff
Other fringe benefits
Buildings and Equipment
Cost of contract work
Rental or lease for machinery and equipment
Capex for machinery and equipment
Taxes and license fees
Refuse removal
Advertising
Data processing and communications
IT software and hardware
Professional and technical services
Other Operating Expenses
Inventory (as a % of total receipts)
Rental or lease for buildings and structures
Capex for buildings and structures
Cost of electricity and fuels
Materials and supplies inventory
All other operating expenses
Finished goods inventory
Work-in-progress inventory
Cost of materials, parts, containers, packaging, etc.
Cost of Materials
Repair and maintenance of buildings and machinery
Annual Payroll
Employee Expenses
Below outlines the breakdown of operating expenses, broken down by employee, property, equipment, IT, and other
categories. Operating expense detail is typically used in a gap analysis to highlight opportunities where a company has
variances to the benchmark expense data.
Cost of resale
0% 10% 20% 30% 40% 50%
26. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 26
Plant Utilization & Hours
Average 2017 2018 2019 2020
291 295 299 303 Q1 72.2 68.3 71.4 74.5 74.6
292 296 300 304 Q2 71.18 71.4 74.6 77.9 60.8
293 297 301 305 Q3 56.9 74.5 75.8 77.3 0
294 298 302 306 Q4 56 74.6 73.9 75.5 0
Q1 72.2 68.3 71.4 74.5 74.6
Q2 71.2 71.4 74.6 77.9 60.8
Q3 75.9 74.5 75.8 77.3 0.0
Q4 74.7 74.6 73.9 75.5 0.0
Average 2017 2018 2019 2020
327 331 335 339 Q1 48.05 46.9 45.6 46.9 52.8
328 332 336 340 Q2 50.55 45.6 45.9 46.9 63.8
329 333 337 341 Q3 36.08 46.9 46 51.4 0
330 334 338 342 Q4 38 52.8 48.4 50.8 0
Q1 48.1 46.9 45.6 46.9 52.8
Q2 50.6 45.6 45.9 46.9 63.8
Q3 48.1 46.9 46.0 51.4 0.0
Q4 50.7 52.8 48.4 50.8 0.0
© Kentley Insights 2020
Plant Utilization (% of Capacity)
Plant Operational Hours per Week
Below is the historic plant ulitization and hours by quarter from 2017-2020.
Average 2017 2018 2019 2020
Q1 Q2 Q3 Q4
Average 2017 2018 2019 2020
Q1 Q2 Q3 Q4
27. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 27
Employee Productivity & Industry Employment
Productivity - Revenue (output) per Employee
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 fcst 2025 fcst
Rev. per Emp. ($) 140,302 152,133 145,733 159,016 159,947 159,275 168,835 170,468 167,057 169,872 183,975
Annual Growth 8.4% -4.2% 9.1% 0.6% -0.4% 6.0% 1.0% -2.0% 1.7% 2.0%
102 103 104 105 106 107 108 109 110 111
Compound Annual Growth Rate 1.6% 3-Year 1.0% 5-Year 20
Total Industry Employees
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 fcst 2025 fcst
# of Employees 76,052 80,384 87,421 89,432 91,644 89,798 90,763 93,830 91,916 94,515 99,220
Annual Growth 5.7% 8.8% 2.3% 2.5% -2.0% 1.1% 3.4% -2.0% 2.8% 1.2%
150 151 152 153 154 155 156 157 158 159 160
Compound Annual Growth Rate 0.8% 3-Year 0.5% 5-Year
Employees per Company
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 fcst 2025 fcst
Emp. Per Co. 11 12 14 14 15 15 15 15 16 16 17
Annual Growth 8.0% 11.8% 5.8% 2.8% 2.0% -0.9% 3.5% 1.2% 2.5% 0.9%
158 159 160 161 162 163 164 165 166 167
Compound Annual Growth Rate 1.3% 3-Year 1.7% 5-Year
© Kentley Insights 2020
Below are date sets on productivity (revenue per employee), total industry employees, and employees per company. Each
data set includes historicals and forecasts.
-
50,000
100,000
150,000
200,000
-
50,000
100,000
150,000
-
5
10
15
20
28. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 28
Productivity by State - Revenue (output) per Employee
Rank 1.003 07 population
Alabama 7 183,919 3,690$ 4,627,851 35,625
Alaska no data no data -$ 683,478 46,778
Arizona 25 130,875 1,861$ 6,338,755 35,979
Arkansas 42 102,279 590$ 2,834,797 34,723
California 24 131,615 7,297$ 36,553,215 44,980
Colorado 27 126,042 1,127$ 4,861,515 45,135
Connecticut 20 145,208 659$ 3,502,309 58,908
Delaware 39 112,382 43$ 588,292 41,940
Florida 36 117,145 2,688$ 18,251,243 40,344
Georgia 2 225,150 2,434$ 9,544,750 36,869
Hawaii 6 184,506 156$ 1,283,388 44,024
Idaho 48 58,532 554$ 1,499,402 33,749
Illinois 9 175,797 3,077$ 12,852,548 44,815
Indiana 8 179,875 6,815$ 6,345,289 36,902
Iowa 11 166,360 1,497$ 2,988,046 42,126
Kansas 30 122,415 2,144$ 2,775,997 41,835
Kentucky 14 154,983 1,154$ 4,241,474 35,041
Louisiana 35 118,100 528$ 4,293,204 39,413
Maine 40 105,288 158$ 1,317,207 39,481
Maryland 1 414,592 886$ 5,618,344 51,971
Massachusetts 12 165,173 624$ 6,449,755 54,687
Michigan 32 120,963 992$ 10,071,822 37,497
Minnesota 16 150,523 4,176$ 5,197,621 46,227
Mississippi 26 130,720 362$ 2,918,785 33,073
Missouri 43 101,226 2,460$ 5,878,415 39,049
Montana 44 94,890 211$ 957,861 37,370
Nebraska 34 118,325 279$ 1,774,571 43,143
Nevada 46 83,676 279$ 2,565,382 37,361
New Hampshire 21 141,448 268$ 1,315,828 47,058
New Jersey 19 145,480 969$ 8,685,920 53,628
New Mexico 38 112,813 207$ 1,969,915 35,079
New York 17 148,725 2,778$ 19,297,729 52,095
North Carolina 3 220,539 3,244$ 9,061,032 37,049
North Dakota 18 147,440 389$ 639,715 51,893
Ohio 4 193,516 3,181$ 11,466,917 39,289
Oklahoma 47 78,405 615$ 3,617,316 39,006
Oregon 15 152,673 1,763$ 3,747,455 38,786
Pennsylvania 31 121,710 5,403$ 12,432,792 43,616
Rhode Island no data no data -$ 1,057,832 44,990
South Carolina 45 86,365 788$ 4,407,709 34,266
South Dakota 33 119,195 2,148$ 796,214 43,659
Tennessee 22 137,844 1,318$ 6,156,719 37,678
Texas 13 160,248 8,147$ 23,904,380 41,471
Utah 41 105,130 1,700$ 2,645,330 34,601
Vermont 28 124,452 88$ 621,254 42,994
Virginia 5 186,531 2,443$ 7,712,091 47,082
Washington 23 132,028 2,721$ 6,468,424 45,413
West Virginia 10 171,285 297$ 1,812,035 34,477
Wisconsin 29 123,010 2,138$ 5,601,640 40,537
Wyoming 37 116,823 111$ 522,830 48,670
Below is productivity (total revenue divided by total number of employees) by state. When it states "no data", there
wasn't a sufficient sample size of data for the state.
- 100,000 200,000 300,000 400,000 500,000
29. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 29
Industry Payroll
Payroll per Employee
266593
6
291463
1
318850
1
340352
6
353965
0
347053
0
352519
1.235
364431
6.175
357220
2.446
370317
5.963
400507
7.0142012 2013 2014 2015 2016 2017 2018 2019 2020 2021 fcst 2025 fcst
($) 35,054 36,259 36,473 38,057 38,624 38,648 38,839 38,839 38,864 39,181 40,366
Annual Growth 3.4% 0.6% 4.3% 1.5% 0.1% 0.5% 0.0% 0.1% 0.8% 0.7%
197 198 199 200 201 202 203 204 205 206 207
Compound Annual Growth Rate 0.2% 3-Year 0.4% 5-Year 20
Payroll per Company
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 fcst 2025 fcst
($ Thousands) 392 438 493 544 567 579 577 597 605 625 668
Annual Growth 11.7% 12.4% 10.3% 4.3% 2.1% -0.4% 3.5% 1.3% 3.3% 1.7%
112 113 114 115 116 117 118 119 120 121
Compound Annual Growth Rate 1.4% 3-Year 2.1% 5-Year
Payroll per Facility
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 fcst 2025 fcst
($ Thousands) 389 434 488 538 561 563 577 589 604 620 663
Annual Growth 11.8% 12.4% 10.3% 4.3% 0.3% 2.5% 2.0% 2.6% 2.8% 1.7%
158 159 160 161 162
163 164 165 166 167
Compound Annual Growth Rate 2.3% 3-Year 2.3% 5-Year
© Kentley Insights 2020
One of the consistently difficult strategic questions for every company is "are we paying our people the right amount?"
In the next sections, we'll tackle this question from many different angles. The first benchmarks below cover payroll per
employee, company and facility. In particular, payroll per employee is a strong metric to benchmark against, both in terms
of the dollar figure but also the historical and forecasted growth.
30,000
35,000
40,000
45,000
-
200
400
600
800
-
200
400
600
800
30. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 30
Payroll by Business Size
Wood Kitchen Cabinet and Countertop Manufacturing1.143
Payroll per Company ($000s)
Company Size 2012 2019 5 Yr. Growth ######
0-4 54 79 46% 2E+05 242 3E+05 212 0.1%
5-9 207 269 30% 3E+05 243 3E+05 213 0.3%
10-19 457 604 32% 3E+05 244 5E+05 214 0.7%
20-99 1,333 1,796 35% 6E+05 245 1E+06 216 2.0%
100-499 5,980 8,912 49% 5E+05 246 8E+05 217 9.7%
500+ 29,620 43,496 47% 7E+05 247 1E+06 219 47.3%
37652 55155 60.0%
Company Size 2012 2019 5 Yr. Growth #####
0-4 54 80 47% 236 196 #DIV/0!
5-9 207 272 32% 237 197 #DIV/0!
10-19 456 608 33% 238 198 #DIV/0!
20-99 1,322 1,792 36% 239 200 #DIV/0!
100-499 4,943 7,297 48% 240 201 #DIV/0!
500+ 10,937 18,103 66% 241 203 #DIV/0!
#DIV/0!
Company Size 2012 2019 #REF!
0-4 28,731 38,097 33% 230 204 ######
5-9 31,500 37,588 19% 231 205 ######
10-19 34,006 41,175 21% 232 206 ######
20-99 37,102 45,357 22% 233 208 ######
100-499 36,535 41,933 15% 234 209 ######
500+ 37,010 43,354 17% 235 211 ######
204885 247504 ######
© Kentley Insights 2020
Growth
Payroll per Facility ($000s)
Payroll per Employee ($)
Payroll by business size metrics can create insights into how different size companies are fairing and how they pay for
talent. Typically, the payroll per employee by business size (last chart) tells an interesting story about how different size
companies compensate their talent.
46%
30%
32%
35%
49%
47%
0% 10% 20% 30% 40% 50% 60%
Payroll per Company - 7-Year Growth (%)
47%
32%
33%
36%
48%
66%
0% 10% 20% 30% 40% 50% 60% 70%
Payroll per Location - 7-Year Growth (%)
38,097
37,588
41,175
45,357
41,933
43,354
- 10,000 20,000 30,000 40,000 50,000
2019 Payroll per Employee
NumberofEmployeesNumberofEmployeesNumberofEmployees
31. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 31
Payroll per Employee by State
Rank 1.0062 07 population
# Alabama 39 32,883 32,883$ 4,627,851 35,625
no data Alaska no data no data #DIV/0! 683,478 46,778
# Arizona 47 28,836 28,836$ 6,338,755 35,979
# Arkansas 48 26,647 26,647$ 2,834,797 34,723
# California 10 39,344 39,344$ 36,553,215 44,980
9 Colorado 9 39,508 39,508$ 4,861,515 45,135
4 Connecticut 4 41,856 41,856$ 3,502,309 58,908
# Delaware 12 39,125 39,125$ 588,292 41,940
# Florida 32 34,699 34,699$ 18,251,243 40,344
# Georgia 37 33,109 33,109$ 9,544,750 36,869
5 Hawaii 5 41,280 41,280$ 1,283,388 44,024
# Idaho 43 30,288 30,288$ 1,499,402 33,749
# Illinois 16 37,686 37,686$ 12,852,548 44,815
# Indiana 15 38,034 38,034$ 6,345,289 36,902
# Iowa 24 36,327 36,327$ 2,988,046 42,126
# Kansas 36 33,175 33,175$ 2,775,997 41,835
# Kentucky 22 36,780 36,780$ 4,241,474 35,041
# Louisiana 42 32,097 32,097$ 4,293,204 39,413
# Maine 38 32,963 32,963$ 1,317,207 39,481
# Maryland 26 35,867 35,867$ 5,618,344 51,971
1 Massachusetts 1 50,443 50,443$ 6,449,755 54,687
# Michigan 30 35,544 35,544$ 10,071,822 37,497
# Minnesota 28 35,789 35,789$ 5,197,621 46,227
# Mississippi 46 29,707 29,707$ 2,918,785 33,073
# Missouri 13 38,415 38,415$ 5,878,415 39,049
# Montana 35 33,895 33,895$ 957,861 37,370
# Nebraska 20 37,197 37,197$ 1,774,571 43,143
6 Nevada 6 41,131 41,131$ 2,565,382 37,361
2 New Hampshire 2 49,640 49,640$ 1,315,828 47,058
7 New Jersey 7 40,388 40,388$ 8,685,920 53,628
# New Mexico 41 32,267 32,267$ 1,969,915 35,079
3 New York 3 42,836 42,836$ 19,297,729 52,095
# North Carolina 34 34,202 34,202$ 9,061,032 37,049
# North Dakota 25 36,187 36,187$ 639,715 51,893
# Ohio 19 37,310 37,310$ 11,466,917 39,289
# Oklahoma 45 29,942 29,942$ 3,617,316 39,006
# Oregon 21 37,196 37,196$ 3,747,455 38,786
8 Pennsylvania 8 39,939 39,939$ 12,432,792 43,616
no dataRhode Island no data no data #DIV/0! 1,057,832 44,990
# South Carolina 18 37,505 37,505$ 4,407,709 34,266
# South Dakota 29 35,600 35,600$ 796,214 43,659
# Tennessee 23 36,544 36,544$ 6,156,719 37,678
# Texas 31 34,716 34,716$ 23,904,380 41,471
# Utah 33 34,457 34,457$ 2,645,330 34,601
# Vermont 17 37,538 37,538$ 621,254 42,994
# Virginia 27 35,850 35,850$ 7,712,091 47,082
# Washington 11 39,215 39,215$ 6,468,424 45,413
# West Virginia 40 32,345 32,345$ 1,812,035 34,477
# Wisconsin 14 38,176 38,176$ 5,601,640 40,537
# Wyoming 44 30,213 30,213$ 522,830 48,670
The competition for talent is local, with the supply and demand dynamics of each state driving compensation.
"No data" indicates no industry manufacturing facilities or an insufficient sample size.
- 10,000 20,000 30,000 40,000 50,000 60,000
32. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 32
Job Categorization Benchmarks
Job Categories as a % of Total Employees
Management & Finance 15.0%
Management 3.8% 3.8% 164
Office and Administrative Support 9.3% 9.3% 166
Business and Financial Operations 2.0% 2.0% 165
Legal 0.0% 0.0% 167
Operations 79.5%
Production 65.9% 65.9% 181
Installation, Maint., and Repair 1.8% 1.8% 180
Transp. and Material Moving 7.9% 7.9% 179
Agriculture & Natural Resources 0.0% 186
Building and Grounds Maintenance 0.5% 0.5% 185
Construction and Extraction 3.3% 3.3% 183
Protective Service 0.0% 0.0% 184
Sales & Marketing 3.3%
Sales and Related 2.6% 2.6% 168
Arts, Design, Entertainment, Media 0.6% 0.6% 169
Technology, Engineering & Science 2.2%
Computers 0.6% 0.6% 170
Technical & Healthcare 0.0% 0.0% 171
Engineering & Architecture 1.6% 1.6% 172
Life, Physical & Social Science 0.0% 0.0% 173
Service, Support & Training 0.0%
Personal Service & Care 0.0% 0.0% 174
Food Preparation & Serving 0.0% 0.0% 175
Education, Training & Library 0.0% 0.0% 176
Community & Social Service 0.0% 0.0% 177
Healthcare Support 0.0% 0.0% 178
© Kentley Insights 2020
There isn't detailed job categorization data on the Wood Kitchen Cabinet and Countertop Manufacturing industry. This
data is on the Furniture and Kitchen Cabinet Manufacturing industry, which the Wood Kitchen Cabinet and Countertop
Manufacturing industry is part of. Ensuring your company has the right people in the right roles, is just as important as
having the right number of people and the proper compensation. Pay particular attention to management ratios, and
the five higher-level categories.
0% 10% 20% 30% 40% 50% 60% 70%
33. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 33
Job Categorization Pay Ranges
Furniture and Kitchen Cabinet Manufacturing1
Industry Pay Ranges
Bottom Bottom Top Top
Management & Finance 10% 25% Mean 75% 90%
Management $21.69 $29.25 $48.78 $59.03 $87.28 187
Office and Administrative Support $9.88 $12.36 $16.64 $19.39 $25.01 189
Business and Financial Operations $15.97 $19.88 $26.97 $32.04 $40.58 188
Legal # # # # # 190
Operations 38
Production $9.63 $11.58 $15.63 $18.33 $23.31 204
Installation, Maint., and Repair $12.49 $15.64 $20.01 $23.47 $28.88 203
Transportation and Material Moving $9.11 $10.60 $13.61 $15.59 $18.69 202
Agriculture & Natural Resources # # # # # 209
Building and Grounds Maintenance $8.34 $9.28 $11.82 $13.71 $16.75 205
Construction and Extraction $10.59 $13.13 $18.51 $22.26 $28.99 206
Protective Service $7.96 $8.85 $11.80 $14.91 $17.51 207
Sales & Marketing 196
Sales and Related $11.45 $16.58 $28.26 $33.94 $47.82 191
Arts, Design, Entertainment, Media $12.06 $16.31 $23.31 $28.23 $35.92 192
Technology, Engineering & Science 198
Information Technology $15.83 $20.20 $28.72 $35.76 $45.76 193
Technical & Healthcare $16.88 $20.88 $28.23 $35.60 $42.94 194
Engineering & Architecture $15.97 $19.98 $26.99 $32.79 $40.36 195
Life, Physical & Social Science # # # # # 196
Service, Support & Training 202.00
Personal Service & Care $7.77 $8.44 $10.19 $11.59 $13.97 197.00
Food Preparation & Serving $7.85 $8.47 $13.15 $14.20 $25.49 198.00
Education, Training & Library # # # # # 199.00
Community & Social Service # # # # # 200.00
Healthcare Support # # # # # 201.00
© Kentley Insights 2020
There isn't detailed job categorization data on the Wood Kitchen Cabinet and Countertop Manufacturing industry. This
data is on the Furniture and Kitchen Cabinet Manufacturing industry, which the Wood Kitchen Cabinet and Countertop
Manufacturing industry is part of. Below are the pay ranges of the high-level job categories. The bottom 10% represents
the average that the 10% lowest paid receive in hourly pay, while the top 90% represents the average that the 10%
highest paid receive in hourly pay. In those instances where the sample size was not statistically significant, the figures are
left blank.
34. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 34
Top 20 Industry Jobs -Percent of Employment
Top Jobs - Percent of Total Employment
1 32.5% 24
2 9.8% 25
3 9.2% 26
4 7.6% 27
5 6.7% 28
6 4.0% 29
7 3.1% 30
8 2.8% 31
9 2.6% 32
10 2.2% 33
11 2.2% 34
12 1.7% 35
13 1.6% 36
14 1.6% 37
15 1.6% 38
16 1.5% 39
17 1.4% 40
18 1.2% 41
19 1.0% 42
20 0.8% 43
© Kentley Insights 2020
Material Moving Workers
Financial Clerks
Metal Workers and Plastic Workers
Construction Trades Workers
Woodworkers
Business Operations Specialists
Drafters, Engineering Technicians, and Mapping
Technicians
Motor Vehicle Operators
Operations Specialties Managers
Secretaries and Administrative Assistants
Sales Representatives, Wholesale and Manufacturing
Material Recording, Scheduling, Dispatching, and
Distributing Workers
Assemblers and Fabricators
Other Production Occupations
Textile, Apparel, and Furnishings Workers
Supervisors of Production Workers
There isn't detailed job categorization data on the Wood Kitchen Cabinet and Countertop Manufacturing industry. This
data is on the Furniture and Kitchen Cabinet Manufacturing industry, which the Wood Kitchen Cabinet and Countertop
Manufacturing industry is part of. The below metrics go into the details of the industry's top jobs ranked by percent of
total employment.
Information and Record Clerks
Other Installation, Maintenance, and Repair
Occupations
Other Office and Administrative Support Workers
Top Executives
0% 10% 20% 30% 40%
35. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 35
Top 20 Jobs - Pay Bands
1.01
Top Detailed Jobs - Pay Bands Bottom Bottom Top Top
10% 25% Mean 75% 90%
1 $9.84 $11.94 $15.49 $18.25 $22.64 24
2 $9.51 $11.51 $15.65 $18.62 $23.43 25
3 $9.37 $10.67 $13.83 $16.21 $19.26 26
4 $9.61 $11.20 $14.46 $17.01 $20.92 27
5 $9.07 $10.47 $13.07 $15.04 $18.00 28
6 $15.83 $19.22 $25.31 $30.07 $36.96 29
7 $10.91 $13.47 $18.78 $22.49 $29.15 30
8 $9.99 $12.43 $16.41 $19.15 $23.72 31
9 $9.96 $11.90 $15.85 $18.40 $23.62 32
10 $12.62 $17.69 $29.43 $34.78 $48.95 33
11 $20.35 $28.52 $52.53 $65.48 # 34
12 $9.18 $11.10 $15.35 $18.24 $23.61 35
13 $12.43 $15.56 $19.35 $22.92 $27.49 36
14 $10.73 $13.16 $16.76 $19.25 $23.90 37
15 $15.84 $19.61 $26.53 $31.21 $39.35 38
16 $11.42 $13.86 $17.87 $21.12 $25.21 39
17 $9.78 $12.29 $16.66 $19.88 $24.82 40
18 $23.24 $29.93 $42.21 $49.93 $66.74 41
19 $10.22 $12.47 $16.19 $18.70 $23.44 42
20 $14.69 $17.86 $22.68 $26.87 $32.11 43
© Kentley Insights 2020
Top Executives
Sales Representatives, Wholesale and Manufacturing
Material Recording, Scheduling, Dispatching, and
Distributing Workers
Metal Workers and Plastic Workers
Construction Trades Workers
Supervisors of Production Workers
Material Moving Workers
Assemblers and Fabricators
Drafters, Engineering Technicians, and Mapping
Technicians
Motor Vehicle Operators
Operations Specialties Managers
Secretaries and Administrative Assistants
Financial Clerks
Business Operations Specialists
Information and Record Clerks
Other Installation, Maintenance, and Repair
Occupations
Other Office and Administrative Support Workers
There isn't detailed job categorization data on the Wood Kitchen Cabinet and Countertop Manufacturing industry. This
data is on the Furniture and Kitchen Cabinet Manufacturing industry, which the Wood Kitchen Cabinet and Countertop
Manufacturing industry is part of. Below are the details of the wage bands for the industry's top jobs. The bottom 10%
represents the average that the 10% lowest paid receive in hourly pay, while the top 90% represents the average that the
10% highest paid receive in hourly pay. In those instances where the sample size was not statistically significant, the
figures are left blank.
Other Production Occupations
Textile, Apparel, and Furnishings Workers
Woodworkers
36. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 36
Total Employees by State
Rank Employees 1.00297
Alabama 6 3,690 3,690$ 4,627,851
Alaska no data no data -$ 683,478
Arizona 19 1,861 1,861$ 6,338,755
Arkansas 33 590 590$ 2,834,797
California 2 7,297 7,297$ 36,553,215
Colorado 25 1,127 1,127$ 4,861,515
Connecticut 30 659 659$ 3,502,309
Delaware 48 43 43$ 588,292
Florida 12 2,688 2,688$ 18,251,243
Georgia 15 2,434 2,434$ 9,544,750
Hawaii 45 156 156$ 1,283,388
Idaho 34 554 554$ 1,499,402
Illinois 9 3,077 3,077$ 12,852,548
Indiana 3 6,815 6,815$ 6,345,289
Iowa 22 1,497 1,497$ 2,988,046
Kansas 17 2,144 2,144$ 2,775,997
Kentucky 24 1,154 1,154$ 4,241,474
Louisiana 35 528 528$ 4,293,204
Maine 44 158 158$ 1,317,207
Maryland 28 886 886$ 5,618,344
Massachusetts 31 624 624$ 6,449,755
Michigan 26 992 992$ 10,071,822
Minnesota 5 4,176 4,176$ 5,197,621
Mississippi 37 362 362$ 2,918,785
Missouri 13 2,460 2,460$ 5,878,415
Montana 42 211 211$ 957,861
Nebraska 39 279 279$ 1,774,571
Nevada 39 279 279$ 2,565,382
New Hampshire 41 268 268$ 1,315,828
New Jersey 27 969 969$ 8,685,920
New Mexico 43 207 207$ 1,969,915
New York 10 2,778 2,778$ 19,297,729
North Carolina 7 3,244 3,244$ 9,061,032
North Dakota 36 389 389$ 639,715
Ohio 8 3,181 3,181$ 11,466,917
Oklahoma 32 615 615$ 3,617,316
Oregon 20 1,763 1,763$ 3,747,455
Pennsylvania 4 5,403 5,403$ 12,432,792
Rhode Island no data no data -$ 1,057,832
South Carolina 29 788 788$ 4,407,709
South Dakota 16 2,148 2,148$ 796,214
Tennessee 23 1,318 1,318$ 6,156,719
Texas 1 8,147 8,147$ 23,904,380
Utah 21 1,700 1,700$ 2,645,330
Vermont 47 88 88$ 621,254
Virginia 14 2,443 2,443$ 7,712,091
Washington 11 2,721 2,721$ 6,468,424
West Virginia 38 297 297$ 1,812,035
Wisconsin 18 2,138 2,138$ 5,601,640
Wyoming 46 111 111$ 522,830
It is always good to know how large the industry talent pool is in a state. "No data" indicates no industry manufacturing
facilities or an insufficient sample size.
- 2,000 4,000 6,000 8,000 10,000
37. Wood Kitchen Cabinet and Countertop Manufacturing - December 2020 www.kentleyinsights.com 37
State Population to Every Industry Employee
Pop. Per 5,379
Rank Employee 0
4 Alabama 4 1,317 3,690$ 4,858,979
0 Alaska no data no data -$ 738,432
19 Arizona 19 3,670 1,861$ 6,828,065
27 Arkansas 27 5,050 590$ 2,978,204
29 California 29 5,365 7,297$ 39,144,818
23 Colorado 23 4,840 1,127$ 5,456,574
30 Connecticut 30 5,449 659$ 3,590,886
48 Delaware 48 21,933 43$ 945,934
38 Florida 38 7,541 2,688$ 20,271,272
22 Georgia 22 4,196 2,434$ 10,214,860
42 Hawaii 42 9,150 156$ 1,431,603
14 Idaho 14 2,989 554$ 1,654,930
21 Illinois 21 4,179 3,077$ 12,859,995
2 Indiana 2 971 6,815$ 6,619,680
8 Iowa 8 2,086 1,497$ 3,123,899
5 Kansas 5 1,358 2,144$ 2,911,641
20 Kentucky 20 3,833 1,154$ 4,425,092
41 Louisiana 41 8,853 528$ 4,670,724
40 Maine 40 8,389 158$ 1,329,328
34 Maryland 34 6,782 886$ 6,006,401
47 Massachusetts 47 10,891 624$ 6,794,422
44 Michigan 44 10,003 992$ 9,922,576
3 Minnesota 3 1,314 4,176$ 5,489,594
39 Mississippi 39 8,264 362$ 2,992,333
11 Missouri 11 2,473 2,460$ 6,083,672
24 Montana 24 4,904 211$ 1,032,949
35 Nebraska 35 6,801 279$ 1,896,190
46 Nevada 46 10,368 279$ 2,890,845
25 New Hampshire 25 4,969 268$ 1,330,608
43 New Jersey 43 9,246 969$ 8,958,013
45 New Mexico 45 10,092 207$ 2,085,109
37 New York 37 7,125 2,778$ 19,795,791
15 North Carolina 15 3,096 3,244$ 10,042,802
7 North Dakota 7 1,945 389$ 756,927
18 Ohio 18 3,650 3,181$ 11,613,423
33 Oklahoma 33 6,362 615$ 3,911,338
9 Oregon 9 2,285 1,763$ 4,028,977
10 Pennsylvania 10 2,370 5,403$ 12,802,503
0 Rhode Island no data no data -$ 1,056,298
31 South Carolina 31 6,211 788$ 4,896,146
1 South Dakota 1 400 2,148$ 858,469
26 Tennessee 26 5,008 1,318$ 6,600,299
16 Texas 16 3,372 8,147$ 27,469,114
6 Utah 6 1,762 1,700$ 2,995,919
36 Vermont 36 7,093 88$ 626,042
17 Virginia 17 3,431 2,443$ 8,382,993
12 Washington 12 2,635 2,721$ 7,170,351
32 West Virginia 32 6,212 297$ 1,844,128
13 Wisconsin 13 2,699 2,138$ 5,771,337
28 Wyoming 28 5,265 111$ 586,107
Below is one of the more entertaining metrics, which is simply how many people in a state there are per each industry
employee. "No data" indicates no industry manufacturing facilities or an insufficient sample size.
- 5,000 10,000 15,000 20,000 25,000
38. • Coverage on over 1200 industries
• Over 100 of data sets and benchmarks
• Generated from the most extensive industry surveys
• Intuitive and insightful analysis and charts
• The one report leaders depend on
Disclaimer
© Kentley Insights 2020
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