Kitchen Countertop Market to Grow at 4+% CAGR to Reach US$ 135.47 Bn by 2025 Led by Quarella, Cosentino S.A., Caeserstone, Laminam SpA, Pokarna, Vicostone, Cambria, Aro Granite Industries, Asian Granito India, LG Hausys

Latest market study on “Kitchen Countertop Market to 2025 by Type (Granite, Solid Surface, Quartz, Marble, Laminates, and Ceramic Slab); Application (Commercial and Residential) -Global Analysis and Forecast”, the Kitchen Countertop market is estimated to reach US$ 135.47 Bn by 2025 from US$ 92.93 Bn in 2017. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

Kitchen countertop is majorly used in residential kitchens and there are wide range of material choices are available in the market. The different types of materials used for countertops are granite, solid surface, quartz, marble, laminates, ceramic slab, wood, concrete, and stainless. Others Granite is the highly adopted materials for countertops which adds elegance to the kitchen. Granite has a greater availability as compared to other countertop materials along with increased number of fabricators globally. Moreover, granite is affordable and provide luxurious look to the different types of kitchen. Owing to the aforementioned factors, granite is the dominant materials used for the design of kitchen countertops.

The major companies operating in the field of kitchen countertop market include Quarella, Cosentino S.A., Caeserstone Ltd., Laminam SpA, Pokarna Limited, Vicostone, Cambria Co., Aro Granite Industries Ltd., Asian Granito India Ltd., LG Hausys, Ltd., Neolith, Sapienstone, Florim Stone, Tile & Stone Works, and Strasser Stein among others. Various other companies operating in the market are coming up with new offerings which is helping the market for kitchen countertop to expand over the years in terms of revenue.

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This market research report provides a big picture on “Kitchen Countertop Market”, on a Global basis, offering a forecast and statistic in terms of revenue during the forecast period. The report covers a descriptive analysis with detailed segmentation, complete research and development history, latest news and press releases. Furthermore, the study explains the future opportunities and a sketch of key players involved in the “Kitchen Countertop Market hike in terms of revenue.

Key findings of the study:
• Asia-Pacific is anticipated to account the largest Kitchen Countertop Market share.
• Based on product, the robot segment is projected to dominate the Kitchen Countertop Market.
• Unit load segment led the Kitchen Countertop Market by system type in 2017.
• Hardware dominated the market by component.
• Storage led the market by function.
• Automotive held the second largest market by industry.

Kitchen Countertop Market report provides an in-depth insight of Industry covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis. The research report focuses on the leading competitors of the Kitchen Countertop Market and provides information such as the company overview, product portfolio, key developments, price, cost, value, volume, revenue, capacity, production, and contact information.

The burgeoning population rate in the developed countries as well as the developing regions is boosting the residential infrastructures, thereby, fueling the demand for kitchen countertop in the current market scenario. The growth of commercial infrastructures like hotels is majorly due to increasing tourism across the globe. Moreover, the developing countries in Asia Pacific and Middle East such as China, India, Singapore, Malaysia, UAE, and Saudi Arabia among others are witnessing significant growth in business from several international organizations. This has propelled the growth of construction of hotels, which invest decent revenue shares in kitchen aesthetics. Additionally, several multi-national hotel chains have found these countries to be prime regions for the development of their business, and owing to this, the hotels have constructed their own hotels building, creating a fair market space for kitchen countertops.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Kitchen Countertop Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Kitchen Countertop Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

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The report segments the global kitchen countertop market as follows:

Global Kitchen Countertop Market - By Type

Granite
Solid Surface
Quartz
Marble
Laminate
Ceramic Slab
Others

Global Kitchen Countertop Market - By Application

Commercial
Residential

Global Kitchen Countertop Market - By Geography

North America
U.S.
Canada
Mexico

Europe
France
Germany
Italy
Spain
U.K.
Turkey
Rest of Europe

Asia Pacific (APAC)
Australia
China
India
Japan
Indonesia
Rest of APAC

Middle East and Africa (MEA)
Saudi Arabia
South Africa
UAE
Rest of MEA

South America (SAM)
Brazil
Rest of SAM

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This release was published on openPR.