Global Kitchen Countertops Market Overview:
Kitchen countertops are the work surface installed in the kitchen area where food preparation can be done. It is generally installed with the supported cabinets at sufficient heights for efficient working of the user. The natural stone, solid surface, engineered stone, etc are used for the kitchen countertops used in residential and commercial spaces. Various type of materials which are used in the kitchen countertops is granite, quartz, marble, ceramic slab, etc enhancing the appearance and work efficiency in the kitchen. Some of the players profiled in the study are LG Hausys, Ltd. (South Korea), Caesarstone (Israel), STRASSER Steine GmbH (Austria), Florim S.p.A. (Italy), VICOSTONE (Vietnam), Cambria (United States), Laminam SpA (Italy), Quarella (Italy), Patrick Industries (United States) and ARO Granite Industries (India).
On the basis of geography, the market of Kitchen Countertops has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Direct will boost the Kitchen Countertops market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Granite will boost the Kitchen Countertops market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Finishing, the sub-segment i.e. Polished will boost the Kitchen Countertops market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Increasing Building Construction Activities
- Demand for the Modern and Fancy Looking Kitchen Counters
Influencing Trend
- Increasing Use of Quartz and Marble Material based Kitchen Countertops
Restraints
- High Initial cost Associated with the Kitchen Countertops
Opportunities
- Surging Demand for the Kitchen Countertops from Developing Economies with the Increasing Construction Projects
Challenges
- Handling and Maintenance-related Problems with Kitchen Countertops
Key Market Developments:
On 1st September 2020, Caesarstone Ltd. announced entering a transaction for the acquisition of majority ownership in Lioli Ceramica Pvt. Ltd. By entering the global porcelain category, Caesarstone achieves a significant milestone in its Global Growth Acceleration Plan. Lioli Ceramica Pvt. Ltd, an India-based producer of cutting-edge porcelain countertop slabs, operating one of the most innovative and technologically advanced manufacturing facilities.
Target Audience:
Kitchen Countertops Manufacturers, Kitchen Countertops International Traders, Kitchen Countertops Distributor and Suppliers, Research and Development Institutes, Potential Investor, Regulatory Bodies and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Kitchen Countertops market on the basis of product [Natural Stone, Solid Surfaces, Engineered Stone and Others] , application [Commercial and Residential], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Kitchen Countertops market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Kitchen Countertops industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Kitchen Countertops market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.