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.
The environment of Countertops industry, as well the manufacturing industry, has a large scale of uncertainties in next years, caused by the downward growth rate of Chinese economy and complicated global economic situation. Accompanied with limited demand growth, and more and more enterprises entering this market, the competition will be stricter. In this case, the ordinary Countertops products will have less profit and sales than high qualified products.
There is still certain space for the demand of Countertops, whereas it lacks of high-end products, while the ordinary products are over supplied. In the current situation and predictable future, India market will import a huge volume of high-end Countertops to feed the demand. Meanwhile the local manufacturers of ordinary products will attempt to expand the overseas market to transfer the surplus productive capacity.
Despite the presence of competitive industrial environment, clear, investors are still optimistic about this area, whit the clear trend of global market. The future will have more investment entering the field.
With the technology development of India domestic mold pressing, it is becoming mature and advanced. Compared with imported Countertops, the local manufacturers have a privilege that they have less service distance, which is effective for them to keep the consumers’ loyalty.
Since the high-end products have huge demand in both India’s and global market, many local companies attempt to enter the high-end production competition. Currently, India’s Countertops industry is transiting to produce high-end products; furthermore, it offers benefits to the entire industrial chain.
Although sales of Countertops brought a lot of opportunities, the study group sincerely recommends the new entrants, who have only money but no technical advantage and downstream support, do not enter into the Countertops field.
In 2019, the market size of Engineered Stone Countertops is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Engineered Stone Countertops.
This report studies the global market size of Engineered Stone Countertops, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Engineered Stone Countertops production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Cosentino Group
Caesarstone
Hanwha L&C
Compac
Vicostone
Dupont
LG Hausys
Cambria
Quantra
Atlas Quartz
Santa Margherita
Quartz Master
SEIEFFE
Quarella
Lotte Advanced Materials
Zhongxun
Sinostone
Bitto(Dongguan)
OVERLAND
UVIISTONE
Polystone
Meyate
Gelandi
Baoliya
Qianyun
Market Segment by Product Type
Crystal Collection
Jasper Collection
Sterling Collection
Others
Market Segment by Application
Residential Industry
Commercial Industry
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Engineered Stone Countertops status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Engineered Stone Countertops manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Engineered Stone Countertops are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Engineered Stone Countertops. Industry analysis & Market Report on Engineered Stone Countertops is a syndicated market report, published as Global (United States, European Union and China) Engineered Stone Countertops Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Engineered Stone Countertops market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.