1. Market Research
  2. > Mining and Quarrying Market Trends
Global Countertops By Material, Market and Type, 2nd Edition

Global Countertops By Material, Market and Type, 2nd Edition

  • April 2017
  • 269 pages
  • ID: 4895326
  • Format: PDF
  • By Freedonia

Summary

Table of Contents

The materials distribution in the global countertops market continues to shift toward manufactured materials including solid surface and engineered stone.

Gains in market share of these materials have been driven by rising availability and stronger growth in local countertop markets where they are most popular. Overall demand for countertops is projected to rise 2.3 percent per year in area terms through 2021.

Global Countertops answers the following questions and more.
- Which countries can expect the fastest growth in countertop demand going forward?
- Which countries will see the biggest changes in materials distribution in the countertop market?
- To what extent will new housing construction affect demand for countertops in different regions?

Healthy Growth in Developing Markets to Drive Demand Gains
Global demand for countertops is projected to rise 2.3% annually through 2021 to nearly 500 million square meters. Ongoing strong advances in developing markets such as China, India, and Brazil will account for the majority of demand. However, demand growth is expected to decelerate somewhat through the forecast period compared to 2011-2016 as construction activity in the large Asia/Pacific region will slow following a period of robust gains.

Key Findings in the Global Countertops Study:

Engineered Stone and Solid Surface Materials Will Gain Market Share
Engineered stone will continue to see the fastest growth of any material, boosted by rising interest in its style and its favorable performance and durability. Additionally, expanding production capacity has boosted the availability of engineered stone and will help drive volume sales.

The rising price competition that stems from that expanded capacity will further propel volume sales as engineered stone becomes increasingly affordable to a larger market. Solid surface, now the market-leading material in terms of total global countertop sales in volume terms, will also gain market share. This growth is fueled mainly by its intensive use in the fast growing markets of the Asia/Pacific region, where it is a readily-available, basic countertop material.

Kitchens to Remain Largest Market for Countertops
The kitchen market, which accounted for two-thirds of global demand in 2016, will continue to be the best opportunity for countertops, supported by the large residential market. In developing countertop markets, the kitchen is often the first place that homeowners choose to install countertops, as competition from pedestal sinks holds strong in bathrooms. Further demand support will come from developed markets, such as US, Canada, and Australia, due to rising interest in large kitchens and remodeling kitchens on a regular basis.

Nonresidential Building Market to See Faster Growth
The nonresidential building market for countertops, which is much smaller than the residential market, is projected to see faster growth through 2021. Faster expected increases in nonresidential building construction activity, as well as rising penetration from a very low level in many developing countertops markets will support advances.

Study Coverage
This industry study presents historical demand data (2006, 2011, and 2016) and forecasts (2021) by material (solid surface, laminates, natural stone, engineered stone), market (new residential, residential remodeling, new nonresidential, nonresidential remodeling), and type (kitchen, bathroom) for 6 world regions and 18 countries.

This study also evaluates company market share and include competitive analysis on industry competitors at the material supplier level, including Caesarstone, Cosentino, DuPont, Fletcher Building (Formica & Laminex Group), Lotte Chemcial (LOTTE Advanced Materials), Shandong Hefeng Group, Wilsonart International, and Zhongxun New Material.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Global Advanced Process Control Market (2019-2025)

Global Advanced Process Control Market (2019-2025)

  • $ 3600
  • October 2019

The Global Advanced Process Control Market size is expected to reach $24.2 billion by 2025, rising at a market growth of 9.4% CAGR during the forecast period. The increasing complexity of technology and ...

India Wealth Landscape: Market Sizing and Opportunities to 2022

India Wealth Landscape: Market Sizing and Opportunities to 2022

  • $ 2750
  • July 2019

India Wealth Landscape: Market Sizing and Opportunities to 2022SummaryBased on our proprietary datasets, this report analyzes India’s wealth and retail savings and investments markets, with a focus on ...

Legal Services Market Size, Share & Trends Analysis Report By Service, By Firm Size, By Provider, By Region And Segment Forecasts, 2019 - 2025

Legal Services Market Size, Share & Trends Analysis Report By Service, By Firm Size, By Provider, By Region And Segment Forecasts, 2019 - 2025

  • $ 5950
  • September 2019

Legal Services Market Size, Share & Trends Analysis Report By Service (Taxation, Real Estate, Litigation, Bankruptcy, Labor/Employment, Corporate), By Firm Size, By Provider, By Region, And Segment Forecasts, ...


ref:plp2017

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on