Global Countertops Market Growth 2023-2029

Global Countertops Market Growth 2023-2029

Product Code:453697

Published Date: Feb 08,2023

Pages: 116

Region: Global

Category: Chemical & Material

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Countertop usually refers to a horizontal work surface in kitchens or other food preparation areas, bathrooms or others (e.g., laundry and bar) in general. It is frequently installed upon and supported by cabinets. The surface is positioned at an ergonomic height for the user and the particular task for which it is designed. A countertop may be constructed of various materials with different attributes of functionality, durability, and aesthetics. The countertop may have built-in appliances, or accessory items relative to the intended application.

LPI (LP Information)' newest research report, the “Countertops Industry Forecast” looks at past sales and reviews total world Countertops sales in 2022, providing a comprehensive analysis by region and market sector of projected Countertops sales for 2023 through 2029. With Countertops sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Countertops industry.

This Insight Report provides a comprehensive analysis of the global Countertops landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Countertops portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Countertops market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Countertops and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Countertops.

The global Countertops market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

In India, Countertops key players include Wilsonart, Formica, Cosentino SA, Granito Zucchi, Hanwha, etc. The top five players hold a share about 10%.

Southern India is the largest market, with a share about 57%, followed by Northern India, having a share about 43 percent. 
In terms of product, Engineered Stone is the largest segment, with a share about 35%. And in terms of application, the largest application is Commercial, followed by Residential.

This report presents a comprehensive overview, market shares, and growth opportunities of Countertops market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Laminates
    Engineered Stone
    Natural stone
    Other materials

Segmentation by application
    Residential
    Commercial

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Arborite
    AKP
    Aristech Surfaces
    Armas Company
    Arpa Industriale
    CAMBRIA
    Wilsonart
    LOTTE ADVANCED
    Caesarstone
    Formica
    Cosentino SA
    Granito Zucchi
    Groupe Pierredeplan
    Hanwha
    CXUN
    Gelandi

Key Questions Addressed in this Report
What is the 10-year outlook for the global Countertops market?
What factors are driving Countertops market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Countertops market opportunities vary by end market size?
How does Countertops break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?