Industry Steams Forward, can it last? Update May 2021

Since the start of the pandemic in 2020, there have been obviously major shifts, disruptions, and changes for every industry. Specifically in the kitchen and bathroom fixtures sector, we have seen heightened consumer demand for quality products for remodels.

With housing remodels, especially in kitchen and bathrooms, and the country's home prices at an all-time high, this need for products isn't losing any steam. And we don't anticipate this to slow down anytime soon.

As stated in the National Kitchen and Bath, the "trend is likely owing to quick-fix, pandemic-driven DIY projects running their course and being replaced by serious makeovers to accommodate new lifestyles." - CEO Corner: KBMI Sets New High Mark. By Bill Darcy, NKBA CEO

Plumbing Industry Update: Price increases in the future?

With the pricing of copper and lumber soaring lately, it's not uncommon to wonder if these same pricing increases will affect fixtures.

What we do know is that there has been a general price increase from manufacturers across the globe as the price for building materials, all raw materials, and the supply and shipping chains increases.

We do anticipate the market to see a 3-5% increase in fixtures in 2021. This influx may vary from brand to brand. 

"9 Building Materials with the Biggest Pandemic Price Increase—and What That Means for DIYers" - By Rachel Brougham. Bob Vila.com

Are housing remodels here to stay?

As we all continue to shift our routines to accommodate the changes to our society this past year or so, the relationship and expectations we have towards our home have altered.

Many who work from home now rely on productive and dedicated office space while others are focusing energy on making their bathrooms not only an oasis for relaxation but a space to promote well-being and healing. 

"One in three designers noted that clients are now requesting higher-quality/higher-priced products and finishes. Retailers are experiencing that same customer shift.  CEO Corner: KBMI Sets New High Mark. By Bill Darcy, NKBA CEO

How is Artos keeping up with demand?

As the industry steams forward with projects and housing remodels, how is Artos keeping up? 

For the short term, we're absorbing the cost of air shipping to get products here to be able to fulfill orders. Moving forward we're placing larger orders with the extra lead times in consideration to keep the warehouse stocked.