Figures that 49% will be investing in substantial upgrades and more than a fifth adding an extension.
Nearly half of homeowners (48%) are budgeting £5k to £20k for their project, while 21% were estimating spending £21k to £40k and 1% budget in excess of £100,000. Those are some pretty big figures and is great news for manufacturers, distributors and retailers of kitchen products.
The increase in new home purchases have been highlighted as a key reason for driving growth in kitchen upgrades, demonstration how the whole building industry feeds of each other for mutual benefit.
As well as investing substantial amounts of money, space was also highlighted as being important – with 64% of those working on a kitchen project, or planning one in the next year, said they were looking to increase the square footage of their space.
At Pinnacle, we have also seen substantial growth in the amount of KBB sales and marketing positions on our books. If you are looking to recruit or looking for a new job, we are experts in KBB recruitment
The average homeowner in the UK and Ireland updates their kitchen every 13 years, according to Houzz.co.uk's UK and Ireland Kitchen Trends Report.
Other highlights from the research:
- On average, UK and Irish households update their kitchens every 13 years
- We spend around 12% our lives in the kitchen, on average 2.8 hours a day
- Open-plan living is here to stay
- People opt for professionals to help – just 23% have chosen DIY
Read the full report here...