Press release
Countertop Market Latest Industry Size, Share, Future Growth, Sales Revenue and Key Drivers Analysis Research Report 2028, Fortune Business Insights
The Global Countertop Market Size is projected to reach USD 110.54 billion by 2027, exhibiting a CAGR of 2.8% during the forecast period
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The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other countertop market trends. The report is available for sale on the company website.
The global countertop market size stood at USD 89.18 billion in 2019 and is projected to reach USD 110.54 billion by 2027, exhibiting a CAGR of 2.8% during the forecast period.
The current countertop market trends include cabinetry construction materials such as rust-free concrete, tactile and leather surfaces, reclaimed wood, eco-friendly composite stone, and non-porous laminates. Moreover, the customer-driven marketing strategies followed by the major players are becoming the key growth factor for the kitchen cabinetry in the near future. For example, Caesarstone introduced new types of concrete material in its Metropolitan Countertop Collection such as Airy Concrete 4044 and Cloudburst Concrete 4011 that have airy visual textures with softened edges, which are best suitable for the kitchen, bathroom, and workroom platforms.
The list of the leading companies operating in the global countertop market are:
Vicostone
Aro Granite Industries Ltd.
POKARNA LIMITED
DuPont de Nemours, Inc.
Masco Corporation
STRASSER Steine GmbH
Wilsonart LLC.
ARISTECH SURFACES LLC
Cambria
What does the Report Include?
The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers the different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaborate that will contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.
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The Report Covers the Following, Major Points Precisely:
• Top Players That Are Operating in the Global Market
• Market Segmentation
• Regional Analysis
• Deep Insights into the Market with Detailed Table of Content and Figures
• Global Market Predictions for Five Decades.
Reasons to Purchase This Report:
A detailed study of product launches of every marketing player, their market channels, tactics, and market growth.
The report helps to understand the key product segments and their future scope up to Five Decades.
The report allows readers and market players to understand market Size, Share, Trend, and Future Forecast.
The Report Provide Deep analysis with region-specific assessments and competition analysis on a global and regional scale.
Increasing Procurement of Quarts Countertop Material Will Propel Growth
The rising demand for quartz countertop material owing to its strong, non-porous and durable quality will enable the growth of the global countertop market during the forecast period. According to the International Interior Design Association, quartz is stated as the most reliable and relevant countertop construction material, therefore used for major interior designing work. Furthermore, the increasing need for quartz countertop for commercial as well as residential sector will further boost the global countertop market revenue. For instance, according to a source the revenue of the global kitchen cabinetry industry was estimated at USD 12 billion with 5% of growth rate.
Key Segmental Overview:
1.By Material Type
Natural Stone
Engineered Stone
Concrete
Solid Surfaces
Plastic Laminate
Ceramic
Wood
2.By End-User
Residential
Commercial
Research Laboratories
Retails
Hotels/Restaurants
Others
3.By Geography
North America (U.S. and Canada)
Europe (U.K., Germany, France, Italy, and Rest of Europe)
Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
Latin America (Brazil, Mexico, and Rest of Latin America)
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Major Table of Contents for Countertop Market:
Introduction
Definition, By Segment
Research Approach
Sources
Executive Summary
Market Dynamics
Drivers, Restraints and Opportunities
Emerging Trends
Key Insights
Macro and Micro Economic Indicators
Consolidated SWOT Analysis of Key Players
Porter's Five Forces Analysis
COVID-19 Outbreak: Countertop Industry Impact
Global Countertop Market Analysis, Insights and Forecast, 2016-2027
Key Findings / Summary
Market Sizing Estimations and Forecasts - By Material Type (Value)
Natural Stone
Engineered Stone
Concrete
Solid Surfaces
Plastic Laminate
Ceramic
Wood
Market Sizing Estimations and Forecasts - By End-User (Value)
Residential
Commercial
Research Laboratories
Retails
Hotels/Restaurants
Others (Airports, Banks, etc.)
Market Analysis, Insights and Forecast - By Region (Value)
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
North America Countertop Market Analysis, Insights and Forecast, 2016-2027
Key Findings / Summary
Market Sizing Estimations and Forecasts - By Material Type (Value)
Natural Stone
Engineered Stone
Concrete
Solid Surfaces
Plastic Laminate
Ceramic
Wood
Market Sizing Estimations and Forecasts - By End-User (Value)
Residential
Commercial
Research Laboratories
Retails
Hotels/Restaurants
Others (Airports, Banks, etc.)
Market Analysis, Insights and Forecast - By Country (Value)
U.S.
Canada
TOC Continued...
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