PUBLISHER: TechNavio | PRODUCT CODE: 1208881
PUBLISHER: TechNavio | PRODUCT CODE: 1208881
Technavio has been monitoring the engineered stone market and is forecast to grow by $9.68 bn during 2022-2027, accelerating at a CAGR of 6.1% during the forecast period. Our report on the engineered stone market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for durable alternatives to natural stone, growing residential construction activities, and growing demand for eco-friendly home decor items.
Technavio's engineered stone market is segmented as below:
By Type
By Application
By Geography
This study identifies the growing demand for fancy countertops as one of the prime reasons driving the engineered stone market growth during the next few years. Also, rapid urbanization and rising disposable income, and increasing interest in interior designing will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters. Our report on the engineered stone market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading engineered stone market vendors that include A.St.A. WORLDWIDE, Akrilika Co., Aristech Surfaces LLC, Belenco, Breton S.p.A., Caesarstone Ltd., Cosentino SA, Diresco NV, DuPont de Nemours Inc., Global Surfaces Limited, Lotte Chemical Corp., LX Hausys Ltd., MAAS GmbH, Pokarna Ltd., Prism Johnson Ltd., Q.R.B.G. S.r.l., Quartzforms Spa, Santa Margherita Spa, SMARTSTONE AUSTRALIA PTY Ltd., Stone Italiana Spa, VICOSTONE, and Wilsonart LLC. Also, the engineered stone market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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