Countertops Market Analysis 2019, Size, Share, Growth Opportunities, Types, Outlook, Top Players, Types, Services, Solution, Demand & Industry Forecast to 2025

The global countertops market size in 2018 was valued at more than USD 100 billion. Improving building & construction activity, primarily in the developed economies such as US, Western Europe, and Japan is likely to drive the market demand by 2025. Efforts of developing economies to modernize and expand infrastructure is another important market growth booster.

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Use of countertops in bathrooms, kitchen, and other interior construction areas has been prominent in developed economies, as a consequence of rising per capita spending and improved standard of living. North America was the third-largest market in the global countertop market in 2018. Recovery of the US building & construction sectors including the single family housing sectors has increased the consumer preferences for modular kitchen and multiple bathroom spaces.This, in turn, is expected to propel the consumption of countertops in the coming years.

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U.S. housing construction has gained pace in 2009, after decline in 2008. Increasing residential activity followed by growing demand for luxury kitchen and bathroom is expected to spur the countertops market demand. Apart from residential applications, countertops are increasingly used in industrial, business areas, commercial, and retail industry. Granite is the first choice among architects, builders, property owners, designers owing to the virtue of the elegant and sophisticated aesthetics and weather resistant, longer life span, low maintenance, attributes. Increasing interior building & construction applications such as entry and door frames, lobbies and waiting areas, conference rooms, inlays, bathrooms, dining rooms, lounges, and restaurants are expected to increase the demand for countertops materials over the coming years.

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Key segments of the global countertops market

Material Overview, 2016 - 2025 (Million Square Feet) (USD Billion)
• Granite
• Solid Surface
• Quartz
• Laminate
• Marble
• Others

Application Overview, 2016 - 2025 (Million Square Feet) (USD Billion)
• Residential
• Non-residential

Regional Overview, 2016 - 2025 (Million Square Feet) (USD Billion)
• North America
o U.S.

• Europe
o Germany
o UK
o France

• Asia-Pacific
o China
o India
o Japan
• Central & South America
o Brazil
• Middle East & Africa

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