Global Countertop Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Countertop refers to a raised surface which used to cover top of furniture (Counter) and kitchen. Countertop are used to place objects or serve food on them. Growing food services industry and rising residential construction sector are key drivers for the growth of Countertop market. For instance, according to India Brand Equity Forum (IBEF)- In 2021, real estate sector in India was estimated at USD 200 billion and it is expected to reach USD 1 trillion in market size by 2030 and contribute 13% to the country's GDP by 2025. Furthermore, in June 2020, H&R Johnson (India) has launched new product from Johnson Marble & Quartz called the Johnson Top Shield. Also, with the increasing popularity of the Do-It-Yourself (DIY) trend and rapid urbanization and growing disposable income, the adoption & demand for Countertop is likely to increase the market growth during the forecast period. However, volatile cost of raw materials coupled with high labor and maintenance cost impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Countertop market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to presence of leading market players and increasing commercialization in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as rapid urbanization as well as growing commercialization in the region would create lucrative growth prospects for the Countertop market across Asia-Pacific region.
Major market player included in this report are:
Caesarstone Ltd.
Illinois Tool Works Inc.
Pokarna Ltd.
DuPont de Nemours, Inc.
Cosentino Group
Silestone Pvt Ltd.
AKG Group
Vicostone Ltd.
Cambria Pvt Ltd.
Aro Granite Industries Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material Type:
Granite
Solid Surfaces
Laminates
Engineered Quartz
Marble
Others
By Construction Activity:
New Construction
Renovation
By End Use Industries:
Residential
Non-residential
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Countertop Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors