Countertops Market Analysis, Growth By Top Companies, Trends By Types And Opportunities, Forecast To 2021-2030

Allied Market Research published a new report, titled, "Countertops Market" The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

Rise in disposable income has encouraged the demand for residential building. Consequently, the global countertop market has steadily grown as residential construction and private expenditure on home improvements show good growth. The residential sector is considered as the leading consumer of countertops and this trend is expected to continue as demand for modular kitchens increases in the coming years.

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The introduction of advanced, durable, and aesthetic countertops has played a crucial role in the global countertop market growth. Besides, the use of countertops as toiletries shelves in luxury bathrooms has also given impetus to the global countertop market growth.

The kitchen market, sustained by the large residential market, is anticipated to continue to be the best opportunity for countertops. The kitchen is often the first place in developing countertop markets that homeowners choose to install countertops, as competition from pedestal sinks has a stronghold in bathrooms due to rise in interest in large kitchens and regular remodeling of kitchens.

COVID-19 Scenario Analysis

○ The global pandemic has significantly hampered the growth of the countertops market
○ Due to closure of industrial & construction sites and hotels, demand is shifted toward the essential good items and has negatively impacted the growth of countertops market.

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Geographically Analysis - North America (US, Mexico, and Canada), Europe (Germany, UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and rest of Asia-Pacific), LAMEA (Middle East, Brazil, and rest of LAMEA)

The key market players profiled in the report include VICOSTONE, Caesarstone, Pokarna Ltd, DuPont., Cosentino S.A., COSENTINO, S.A., AKG Group, Cambria, Aro Granite Industries Ltd., Asian Granito India Limited, STRASSER Steine GmbH, Wilsonart LLC., ARISTECH SURFACES LLC,

Key Benefits of the Report

○ This study presents the analytical depiction of the countertops industry along with the current trends and future estimations to determine the imminent investment pockets.
○ The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the countertops market share.
○ The current market is quantitatively analyzed from 2020 to 2030 to highlight the growth scenario of the global countertops market.
○ Porter’s five forces analysis illustrates the potency of buyers and suppliers in the market.
○ The report provides a detailed countertops market analysis based on competitive intensity and how the competition will take shape in coming years.

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