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Kitchen Countertop Market Key Findings, Regional Analysis, Key Players Profiles and Future Prospects
Kitchen Countertop Market
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The global kitchen countertop market is categorized on basis of different types of countertops for kitchen and their application areas. The several of types of kitchen countertops considered in this research are granite, solid surface, quartz, marble, laminates, ceramic slabs and others. The others segment consists of concrete, stainless steel and wood. Granite holds the maximum share of kitchen countertop market since several years and the same is expected to hold in the coming couple of years. However, the quartz segment is estimated to be the fastest growing segment in the kitchen countertop market during the forecast period from 2018 - 2025. In terms of application areas of kitchen countertop, the market is bifurcated into commercial areas and residential areas. The commercial sector includes hotels, restaurant, and hospitals. The growth of commercial infrastructure across the globe is pacing up rapidly, which is enabling the market players in kitchen countertop market to sell their commercial kitchen countertops easily at a competitive price. On the other hand, residential sector in kitchen countertop market dominate the market heavily worldwide. This is attributed to the exponential upsurge in residential construction and renovation in the developed as well as developing regions across the globe. The geographic segmentation in the report consists of five strategic regions namely; North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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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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The report focuses on an in-depth segmentation of kitchen countertop market based on type and application. Geographical segmentation of the study covers five strategic regions comprising of North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The regional market has been further branched by respective countries. By type segment, granite accounted for maximum share in the kitchen countertop market in 2017 and whereas quartz-based countertop is anticipated to surge at the prime growth rate during the forecast period.
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