openPR Logo
Press release

Global Countertop Market - Size is Projected to be around US$ 39,500 Million by 2026 || Industry Key Players - Caesarstone Ltd., Illinois Tool Works Inc., Pokarna Ltd, Cosentino Group & Asian Granito India Ltd

12-04-2018 07:05 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MRRSE

MRRSE

MRRSE

A new report titled “Global Countertop Market - Size is Projected to be Around US$ 39,500 Million by 2026” has been included in the enormous research repository of Market Research Reports Search Engine (MRRSE) that compiles various facets of the Countertop market at a global level portraying a holistic analysis of the marketplace along with intelligence on key participants. The report covers an unbiased analysis on various market aspects, emphasizing major trends giving direction to the market, key opportunities paving new growth avenues, key drivers pushing the market’s growth and challenges and restraints hindering the market for Countertop across the globe.

To Get Sample Copy of Report, Click here @ https://www.mrrse.com/sample/4896

The global countertop market is showing an upward trend throughout the world due to various factors such as rising rates of employment, increasing disposable incomes and low interest rates, particularly in the United States, which has encouraged the demand of residential construction. Hence, the global countertop market is growing steadily as residential construction and private spending on home enhancements are exhibiting a growth trend. Countertops are usually installed in new homes and during the renovations of kitchens. In addition, there is an increase in mortgage refinances and lending from the banks, and hence making more credit available for the refurbishment of existing homes and this adds a further boost to the countertop market. Hence, a stable rise in the countertops sales is due to a rise in the residential construction and increase in the private spending on homes. The market value of countertop market is set to rise due to an increasing preference of higher priced materials rather than the laminates. Adding to this scenario is the drop in the price of the granite stone. This is particularly true for the countertop market in the United States where there has been an increased flow of granite from low-cost imports. A steady supply of low cost granite since the past decade has made this material popular and widely available in the mass market in the United States. Hence, more and more consumers are preferring granite countertops due to their high level of aesthetics and relatively lower cost.

This Future Market Insights report on the global countertop market forecasts that the global countertop market will touch a valuation of nearly US$ 142,000 Mn in the year 2026 and exhibit a moderate CAGR during the period of assessment.

APEJ Market Set to Dominate the Global Countertop Market in Terms of Revenue

The market in APEJ is set to dominate the global countertop market in terms of value and this trend is projected to sustain itself throughout the period of assessment. APEJ countertop market is the most attractive market, growing at a robust CAGR during the assessment period.

Browse Complete Report with TOC @ https://www.mrrse.com/countertop-market

Granite Material Type Segment to Touch a Value of Nearly US$ 39,500 Mn in 2026

As per the forecast of Future Market Insights, the granite material type segment is expected to reach a valuation of nearly US$ 39,500 Mn by the end of 2026. This represents a moderate CAGR during the forecast period of 2017-2026. The granite material type segment was expected to account for more than one-fourth of the revenue share of the material type category by the end of the year 2017 and is expected to lose market share by the end of the year 2026.

Residential Segment to Exhibit a CAGR of 4.6% during the Assessment Period

As per the forecast of Future Market Insights, the residential segment is slated to touch a valuation of nearly US$ 40,900 Mn in the year 2026. This represents a CAGR of 4.6% during the period of assessment from 2017 till the year 2026. The residential segment is expected to lose market share by the end of the year 2026. The residential segment was expected to account for more than one-fourth of the revenue share of the end use industries category by the year 2017.

Competition Tracking

The report also profiles the companies that are expected to remain active in the expansion of global countertop market through 2026, which include Caesarstone Ltd., Illinois Tool Works Inc., Pokarna Ltd, E. I. du Pont de Nemours and Company, Cosentino Group, Silestone, AKG Group, Vicostone, Cambria, Aro Granite Industries Ltd. and Asian Granito India Ltd.

Enquire about this Report @ https://www.mrrse.com/enquiry/4896

About Market Research Reports Search Engine (MRRSE)

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact Us

State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Countertop Market - Size is Projected to be around US$ 39,500 Million by 2026 || Industry Key Players - Caesarstone Ltd., Illinois Tool Works Inc., Pokarna Ltd, Cosentino Group & Asian Granito India Ltd here

News-ID: 1414904 • Views:

More Releases from MRRSE

Sales of Digital Printing for Packaging Market Motivated with Rising Demand from Industrial Sector during Forecast Period 2019-2029
Sales of Digital Printing for Packaging Market Motivated with Rising Demand from …
A recent market study published by MRRSE, “Digital Printing for Packaging Market: Global Industry Analysis 2014-2018 & Forecast 2019-2029” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical, as well as current growth parameters of the digital printing for packaging market, the growth prospects of the market are obtained with maximum precision. Get Brochure of The Report @ https://www.mrrse.com/sample/3234 Chapter 01 – Executive Summary The
Biofuel Testing Services Market Insights Covering Market Dynamics and Competitive Scenario through 2027
Biofuel Testing Services Market Insights Covering Market Dynamics and Competitiv …
A recent market study published by MRRSE “Biofuel Testing Services Market: Global Industry Analysis 2013-2017 & Forecast 2018-2028” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historic as well as current growth parameters of the biofuel testing services market, the growth prospects of the market are obtained with maximum precision. Chapter 01 – Executive Summary The report commences with the executive summary of the
Potassium Formate Market Growth Influenced by Burgeoning Opportunities from Prime Applications
Potassium Formate Market Growth Influenced by Burgeoning Opportunities from Prim …
A research study published by MRRSE provides readers with a comprehensive outlook of the global potassium formate market, to precisely gauge its futuristic development. It assesses the potassium formate industry on the historical and current scenario, and also includes a forecast for 2019 through to 2027. The report is designed to help key stakeholders make business decisions pertaining to the potassium formate market with the help of key findings and
Sales of Lithium-ion Battery Market Motivated with Rising Demand from Industrial Sector during Forecast Period 2019-2027
Sales of Lithium-ion Battery Market Motivated with Rising Demand from Industrial …
MRRSE, in its recently published research report, brings forth actionable intelligence into the lithium-ion battery market. The business study is intended at equipping stakeholders in the lithium-ion battery market with distinguished insights, and help them in developing sustainable growth strategies for business advancement. This comprehensive research report provides an incisive outlook regarding the changing dynamics of the lithium-ion battery market, by identifying key drivers, restraints, opportunities, and threats. This study also

All 5 Releases


More Releases for Countertop

Countertop Dishwasher Market Analysis, Share & Future Outlook | Exactitude Consu …
"Powering Your Success with Comprehensive Market Insights" On February 26, 2025, Exactitude Consultancy., Ltd. released a research report titled "Countertop Dishwasher Market". The Countertop Dishwasher market is experiencing steady growth due to increasing urbanization and shrinking living spaces. Compact and energy-efficient kitchen appliances are in high demand, particularly among apartment dwellers, students, and small households. The rising disposable income and busy lifestyles of consumers are driving the adoption of convenient dishwashing
Countertop Burners Market Is Booming Worldwide | Cadco, Nesco, Oster
The "Countertop Burners Market" intelligence report, just published by USD Analytics Market, covers a micro-level study of important market niches, product offers, and sales channels. to determine market size, potential, growth trends, and competitive environment, the Countertop Burners Market provides dynamic views. Both primary and secondary sources of data were used to generate the research, which has both qualitative and quantitative depth. Several of the major figures the study featured
Global Electric Countertop Kitchen Appliances Market Size & Trends
According to a new market research report published by Global Market Estimates, the global electric countertop kitchen appliances market is projected to grow at a CAGR of 9.60% from 2023 to 2028. The increasing consumer preference for convenience and time-saving cooking solutions, technological advancements in kitchen appliances, growing urbanization, rising disposable incomes, and changing lifestyles are the major drivers for the global electric countertop kitchen appliances market growth. Browse 147 Market
Global Countertop Market Research Report 2023-2029
Countertop report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Countertop market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Demand from Residential and Non-residential are the major drivers for the industry. Global Countertop Market: Driven factors and Restrictions factors The research report encompasses a comprehensive
Countertop Burners Changing Consumer Behavior and Market Dynamics
In the past few years, the Countertop Burners market experienced a huge change under the influence of COVID-19 and Russia-Ukraine War, the global market size of Countertop Burners reached million $ in 2022 from in 2017 with a CAGR of from 2017-2022. Facing the complicated international situation, the future of the Countertop Burners market is full of uncertain. Report predicts that the global Countertop Burners market size will
Countertop Platelet Incubator Market Size, Share, Development by 2024
LP INFORMATION offers a latest published report on Countertop Platelet Incubator Market Analysis and Forecast 2019-2024 delivering key insights and providing a competitive advantage to clients through a detailed report. According to this study, over the next five years the Countertop Platelet Incubator market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019.