Consumer & Luxury Goods Market Research News

Research details developments in the Global countertops market with focus on quartz countertops market trends & forecasts 2017-2021

Consumer Market Research

Caesarstone Sdot- Yam Ltd., DuPont, Illinois Tool Works Inc. and Pokarna Ltd. are some of the key players operating in the global countertop market, whose company profiling is done in the report. In this segment of the report, business overview, financial overview and the business strategies of the companies are provided.

Research By Markets adds "Global Countertops Market with Fo…asts (2017-2021) Make an Inquiry about this news" to its online repository. This report provides a detailed analysis of the global countertops market with analysis of market size by value, volume, growth, segments,.

Further, analysis of quartz countertops market by value and penetration by region has been done in this report.

Under competitive landscape different players in the global countertop market have been compared on basis of their revenue and market capitalization.

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Executive Summary


The countertop market can be segmented on the basis of material type and end sector.

On the basis of material type, the global countertop market can be further segmented into granite, solid surfaces, quartz, laminates and marbles.

On the basis of end sector, the market can be divided into residential and commercial.

The Global Countertops Market Make an Inquiry about this news is expected to grow at a healthy rate during the projected period (2017-2021). The growth in market is expected on account of many growth drivers such as increase in number of food serving outlets, preference for spacious kitchens and multiple bathrooms, upsurge in disposable income and rise in number of hotel rooms worldwide.

However, the market also faces some challenges like increasing rates of interest, rising sales price of existing homes and also the disadvantages of granite countertops discouraging people to purchase these countertops. Increasing urbanization, rising preference for quartz countertops, evolution of ultra compact surface countertops and rise in number of nuclear families are some of the latest trends in the global countertops market.

Company Coverage

Caesarstone Sdot- Yam Ltd.
DuPont
Illinois Tool Works Inc.
Pokarna Ltd

Regional Coverage

Asia Pacific
North America 
Europe
Africa

Market Dynamics

Growth Drivers

  • Increase in Number of Food Serving Outlets
  • Increasing Preference for Spacious Kitchens and Multiple Bathrooms
  • Upsurge in Disposable Income
  • Rising Number of Hotel and Hotel Rooms

Challenges

  • Increasing Sales Price of Existing Homes in U.S
  • Increasing in Federal Interest Rates
  • Disadvantages of Granite Countertops

Market Trends

  • Increasing Urbanization
  • Increasing Preference for Quartz Countertops
  • Ultra Compact Surfaces Countertops
  • Preference for Quartz Countertops in North America
  • Rise in Number of Nuclear Families

News From

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