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.
The global Engineered Stone Countertops market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Engineered Stone Countertops volume and value at global level, regional level and company level. From a global perspective, this report represents overall Engineered Stone Countertops market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Engineered Stone Countertops in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Engineered Stone Countertops manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers 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
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Crystal Collection
Jasper Collection
Sterling Collection
Others
Segment by Application
Residential Industry
Commercial Industry
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 Engineered Stone Countertops Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Engineered Stone Countertops market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.