Kitchen projects are the most popular among renovating homeowners, and investment on major remodels of large kitchens jumped 14% in 2020 compared to 2019.
Technology stands to improve the construction industry’s productivity as much as 60%, delivering as much as $1.6 trillion annually in incremental value.
60% of professionals said 2021 was their busiest year ever, reporting an average of nearly 11 projects per month in 2021. More than 70% expect to be busier than ever this winter and going forward expect their monthly average of jobs to increase by 45% in 2022.
Pros expect to see increased demand in 2022 for projects aimed at adding functionality for homeowners—with the #1 project expected to be updates for energy efficiency (HVAC).
Take some inspo from Sherwin-Williams: eliminating low-margin, low-demand products and consolidating product SKUs helped them combat the financial effects of supply chain shortages.
Expect fewer color selections and more expensive paint prices in 2022. As paint suppliers seek to reduce redundancies in their product lines, repeat or similar colors will likely be removed altogether. This is largely because raw materials, such as petroleum, are more difficult to obtain to create certain pigments.
Greens and blues will continue to dominate home design in 2022, and the kitchen is no exception. But according to the NKBA, white and wood tones will also be popular.
Residential garage door trends to look for this year include glazed doors, wood trim, farmhouse style, and leading the way are bold & dark colors like black.
While the NKBA reports painted wood is still the most-popular cabinet choice, designers agree that wood grain, especially in light and medium tones, is gaining ground in the kitchen.
"As homeowners continue to get more savvy about the maintenance required for many popular countertop options, we’re seeing a rise in demand for acrylic solid surfaces that are seamless and offer durability with no additional maintenance, yet don’t compromise on sleek, beautiful design.”
– Gerri Chmiel, residential design lead at Formica Corporation
“Homeowners are investing in outdoor rooms. Pools, water features, outdoor kitchens, fire pits, and extensive seating and dining areas are high on wish lists. Materials are more organic and natural, such as ipe and travertine.”
“Outdoor kitchens will feature commercial-style grills, refrigerators, and wine coolers. Indoor rooms opening up to terraces with a series of French doors or doors that fold back is another way to connect with the outside.”
Pinterest predicts that Curve’s the Word for 2022. People will invest in home decor like curved bar designs and curved kitchen islands. Boomers, Gen X and Millennials are all driving searches behind this well-rounded home trend: Curved walls interior +4x; Curved bar design +140%; Curved kitchen island ideas +3x