The Countertops Global Market Report 2023, provides comprehensive information on the countertops market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global countertops market size is expected to grow from $90.23 billion in 2022 to $93.94 billion in 2023 at a compound annual growth rate (CAGR) of 4.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global countertops market size is expected to reach $106.1 billion in 2027 at a CAGR of 3.1%.
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Product innovation is the key trend gaining popularity in the countertops market. Major companies operating in the countertops market are developing a new range of countertops with modern applications and properties. For instance, in February 2021, SapienStone, an Italy-based porcelain kitchen countertops manufacturer, launched ACTIVE SURFACES countertops. ACTIVE SURFACES are exceptional countertops for kitchens that are antibacterial, antiviral, anti-pollution, anti-odor, and self-cleaning. These characteristics offer essential assistance in the kitchen, a location in the house where sanitation is particularly crucial, and safeguard human health. ACTIVE SURFACES utilize the photocatalytic titanium dioxide’s capabilities enhanced with silver to turn regular ceramic slabs into an eco-active material that continuously fights germs, viruses, pollution, odors, and other undesirable elements. These countertops’ antibacterial and antiviral qualities are their most essential qualities.
The countertops market is segmented:
1) By Type: Natural Stone, Engineered Stone, Concrete, Solid Surfaces, Plastic Laminate, Wood
2) By Application: Kitchen, Bathroom, Other Applications
3) By End-User: Residential, Commercial, Industrial
North America was the largest region in the countertops market in 2022.
The table of contents in TBRC’s countertops market report includes:
1. Executive Summary
2. Countertops Market Characteristics
3. Countertops Market Trends And Strategies
4. Countertops Market – Macro Economic Scenario
5. Countertops Market Size And Growth
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26. Africa Countertops Market
27. Countertops Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Countertops Market
29. Countertops Market Future Outlook and Potential Analysis
30. Appendix
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