Kitchen countertop Market By Material (Granite, Engineered (Quartz), Marble, Quartzite, others), By Style (Traditional, Contempory, Modern, Others), By Application (Residential, Commercial): Global Opportunity Analysis & Industry Forecast, 2023-2032

Description

List of Tables

The global kitchen countertop market size was valued at $52,700.0 million in 2020, and is projected to reach $80,419.3 million by 2032, registering a CAGR of 3.9% from 2023 to 2032. A kitchen countertop is a flat, sturdy surface that acts as a working station in the kitchen. It is heat and water-resistant and is typically mounted on the kitchen wall at (889mm) above the floor. The materials used for countertops are granite, quartz, marble, solid surfaces, and others.

Rapid expansion of the construction industry is anticipated to fuel the growth of the kitchen countertops market. Granite and engineered quartz are a great option for both residential and commercial building projects owing to their additional advantages, such as their resistance to germs, scratching, and heat. The use of granite, engineered quartz, and quartzite is anticipated to increase throughout the forecast period, owing to rapid increase in the development of commercial and residential projects. For instance, according to the UK's Office of National Statistics, the volume of monthly building production increased by 3.5% in November 2021.

The growing popularity of renovation and remodeling projects has contributed to the expansion of the countertop market. The demand for countertops continues to increase with more people investing in home improvement and renovation projects . The use of advanced technologies and the availability of more design options also play a key role in the growth of the kitchen countertop market. Therefore, the kitchen countertop market is expected to grow strongly during the forecast period.

The kitchen countertop market is segmented on the basis of material, style, application, and region. On the basis of material, the market is categorized into granite, engineered (quartz), marble, quartzite, and others. On the basis of style, the market is divided into traditional, contemporary, modern, and others. On the basis of application, the market is bifurcated into residential and commercial. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The major players that operate in the global market have adopted key strategies such as product launch, and product development to strengthen their market outreach and sustain the stiff competition in the market. For instance, in January 2021, Caesarstone acquired Omicron Granite and Tile as a step toward achieving its North American Growth Acceleration Plan. This acquisition expands Caesarstone's distribution network and provides 17 new locations from which Caesarstone operates and showcases its state-of-the-art space.

COMPETITION ANALYSIS

Key companies profiled in the kitchen countertop market include Aro Granite Industries Ltd., Asian Granito India Ltd., Caeserstone Ltd., Cambria Co., Cosentino SA, Florim Ceramiche S.p.A., LG Hausys, Ltd., Vicostone, LaminamSpA, and Sapienstone.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the kitchen countertop market analysis from 2020 to 2032 to identify the prevailing kitchen countertop market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the kitchen countertop market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global kitchen countertop market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

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Installed Base analysis
Product Benchmarking / Product specification and applications
Consumer Preference and Product Specifications
Market share analysis of players by products/segments
New Product Development/ Product Matrix of Key Players
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Average Selling Price Analysis / Price Point Analysis
Brands Share Analysis
Criss-cross segment analysis- market size and forecast
Expanded list for Company Profiles
Historic market data
Import Export Analysis/Data
Key player details (including location, contact details, supplier/vendor network etc. in excel format)
List of customers/consumers/raw material suppliers- value chain analysis
Market share analysis of players at global/region/country level
Per Capita Consumption Trends
Product Consumption Analysis
Reimbursement Scenario
SWOT Analysis
Volume Market Size and Forecast

Key Market Segments

By Application

Residential
Commercial

By Material

Marble
Quartzite
others
Granite
Engineered (Quartz)

By Style

Traditional
Contempory
Modern
Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

Key Market Players:

Asian Granito India Ltd.
Caeserstone Ltd.
Cambria
Vicostone
Cosentino SA
Florim Ceramiche S.p.A.
LG Hausys, Ltd.
Laminam SpA
Iris Ceramica Group
Aro Granite Industries Ltd.

Product Code: A08703

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Increased demand from the building and construction industry
  - 3.4.1.2. Increase in spending on home remodeling
  - 3.4.1.3. Rapid urbanization
- 3.4.2. Restraints
  - 3.4.2.1. High cost of kitchen countertop materials
- 3.4.3. Opportunities
  - 3.4.3.1. Surge in residential and non-residential construction

CHAPTER 4: KITCHEN COUNTERTOP MARKET, BY MATERIAL

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Granite
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Engineered (Quartz)
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Marble
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
4.5. Quartzite
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
4.6. others
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country

CHAPTER 5: KITCHEN COUNTERTOP MARKET, BY STYLE

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Traditional
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Contempory
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. Modern
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
5.5. Others
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country

CHAPTER 6: KITCHEN COUNTERTOP MARKET, BY APPLICATION

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Residential
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Commercial
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country

CHAPTER 7: KITCHEN COUNTERTOP MARKET, BY REGION

7.1. Overview
- 7.1.1. Market size and forecast By Region
7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Material
- 7.2.3. Market size and forecast, by Style
- 7.2.4. Market size and forecast, by Application
- 7.2.5. Market size and forecast, by country
  - 7.2.5.1. U.S.
  - 7.2.5.1.1. Market size and forecast, by Material
  - 7.2.5.1.2. Market size and forecast, by Style
  - 7.2.5.1.3. Market size and forecast, by Application
  - 7.2.5.2. Canada
  - 7.2.5.2.1. Market size and forecast, by Material
  - 7.2.5.2.2. Market size and forecast, by Style
  - 7.2.5.2.3. Market size and forecast, by Application
  - 7.2.5.3. Mexico
  - 7.2.5.3.1. Market size and forecast, by Material
  - 7.2.5.3.2. Market size and forecast, by Style
  - 7.2.5.3.3. Market size and forecast, by Application
7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Material
- 7.3.3. Market size and forecast, by Style
- 7.3.4. Market size and forecast, by Application
- 7.3.5. Market size and forecast, by country
  - 7.3.5.1. Germany
  - 7.3.5.1.1. Market size and forecast, by Material
  - 7.3.5.1.2. Market size and forecast, by Style
  - 7.3.5.1.3. Market size and forecast, by Application
  - 7.3.5.2. France
  - 7.3.5.2.1. Market size and forecast, by Material
  - 7.3.5.2.2. Market size and forecast, by Style
  - 7.3.5.2.3. Market size and forecast, by Application
  - 7.3.5.3. UK
  - 7.3.5.3.1. Market size and forecast, by Material
  - 7.3.5.3.2. Market size and forecast, by Style
  - 7.3.5.3.3. Market size and forecast, by Application
  - 7.3.5.4. Italy
  - 7.3.5.4.1. Market size and forecast, by Material
  - 7.3.5.4.2. Market size and forecast, by Style
  - 7.3.5.4.3. Market size and forecast, by Application
  - 7.3.5.5. Rest of Europe
  - 7.3.5.5.1. Market size and forecast, by Material
  - 7.3.5.5.2. Market size and forecast, by Style
  - 7.3.5.5.3. Market size and forecast, by Application
7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Material
- 7.4.3. Market size and forecast, by Style
- 7.4.4. Market size and forecast, by Application
- 7.4.5. Market size and forecast, by country
  - 7.4.5.1. China
  - 7.4.5.1.1. Market size and forecast, by Material
  - 7.4.5.1.2. Market size and forecast, by Style
  - 7.4.5.1.3. Market size and forecast, by Application
  - 7.4.5.2. Japan
  - 7.4.5.2.1. Market size and forecast, by Material
  - 7.4.5.2.2. Market size and forecast, by Style
  - 7.4.5.2.3. Market size and forecast, by Application
  - 7.4.5.3. India
  - 7.4.5.3.1. Market size and forecast, by Material
  - 7.4.5.3.2. Market size and forecast, by Style
  - 7.4.5.3.3. Market size and forecast, by Application
  - 7.4.5.4. South Korea
  - 7.4.5.4.1. Market size and forecast, by Material
  - 7.4.5.4.2. Market size and forecast, by Style
  - 7.4.5.4.3. Market size and forecast, by Application
  - 7.4.5.5. Rest of Asia-Pacific
  - 7.4.5.5.1. Market size and forecast, by Material
  - 7.4.5.5.2. Market size and forecast, by Style
  - 7.4.5.5.3. Market size and forecast, by Application
7.5. LAMEA
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Material
- 7.5.3. Market size and forecast, by Style
- 7.5.4. Market size and forecast, by Application
- 7.5.5. Market size and forecast, by country
  - 7.5.5.1. Latin America
  - 7.5.5.1.1. Market size and forecast, by Material
  - 7.5.5.1.2. Market size and forecast, by Style
  - 7.5.5.1.3. Market size and forecast, by Application
  - 7.5.5.2. Middle East
  - 7.5.5.2.1. Market size and forecast, by Material
  - 7.5.5.2.2. Market size and forecast, by Style
  - 7.5.5.2.3. Market size and forecast, by Application
  - 7.5.5.3. Africa
  - 7.5.5.3.1. Market size and forecast, by Material
  - 7.5.5.3.2. Market size and forecast, by Style
  - 7.5.5.3.3. Market size and forecast, by Application

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top winning strategies
8.3. Product mapping of top 10 player
8.4. Competitive dashboard
8.5. Competitive heatmap
8.6. Top player positioning, 2020

CHAPTER 9: COMPANY PROFILES

9.1. Asian Granito India Ltd.
- 9.1.1. Company overview
- 9.1.2. Key executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.1.7. Key strategic moves and developments
9.2. Aro Granite Industries Ltd.
- 9.2.1. Company overview
- 9.2.2. Key executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
9.3. Caeserstone Ltd.
- 9.3.1. Company overview
- 9.3.2. Key executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
9.4. Cambria
- 9.4.1. Company overview
- 9.4.2. Key executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
9.5. Cosentino SA
- 9.5.1. Company overview
- 9.5.2. Key executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
9.6. Florim Ceramiche S.p.A.
- 9.6.1. Company overview
- 9.6.2. Key executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
9.7. LG Hausys, Ltd.
- 9.7.1. Company overview
- 9.7.2. Key executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
9.8. Vicostone
- 9.8.1. Company overview
- 9.8.2. Key executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
9.9. Laminam SpA
- 9.9.1. Company overview
- 9.9.2. Key executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
9.10. Iris Ceramica Group
- 9.10.1. Company overview
- 9.10.2. Key executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio