Int'l : +1-503-894-6022 | Toll Free : +1-800-792-5285 | help@alliedmarketresearch.com
A13042 | Pages: NA | Charts: NA | Tables: NA |
A countertop is an elevated platform with a flat surface, and is often constructed across kitchens, bathrooms, and laboratories. The countertops are recognized as workstations, kitchen benches, or bench-tops, in some regions depending on the region's linguistics. The usefulness of countertops is justified by the fact that these platforms are necessarily constructed across modern kitchens, luxury bathrooms, and state-of-the-art labs. Besides, countertops are multi-purpose platforms with a wide variety of uses and this factor has made these tops hugely popular. Countertops have evolved from basic concrete platforms to multi-purpose platforms that can be fitted over cabinets and other low-height furniture. The global countertop market is projected to earn massive revenues in the years ahead due to the expansive utility served by countertops.
COVID-19 Scenario Analysis
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
Rise in disposable income has encouraged the demand for residential building. Consequently, the global countertop market has steadily grown as residential construction and private expenditure on home improvements show good growth. The residential sector is considered as the leading consumer of countertops and this trend is expected to continue as demand for modular kitchens increases in the coming years.
The introduction of advanced, durable, and aesthetic countertops has played a crucial role in the global countertop market growth. Besides, the use of countertops as toiletries shelves in luxury bathrooms has also given impetus to the global countertop market growth.
Research labs have been using countertops for decades, and this factor has played a major role in boosting global countertop market growth dynamics.
Consequently, more and more consumers prefer granite countertops because of their high esthetic level and relatively lower cost.
Kitchens are the Biggest Countertop Market
The kitchen market, sustained by the large residential market, is anticipated to continue to be the best opportunity for countertops. The kitchen is often the first place in developing countertop markets that homeowners choose to install countertops, as competition from pedestal sinks has a stronghold in bathrooms due to rise in interest in large kitchens and regular remodeling of kitchens. Most of the kitchen cabinet manufacturers develop robust and aesthetic products to meet customer needs. Manufacturers tend to focus on granite material for platform kitchen cabinetry owning to low material cost and color & texture availability.
Key Benefits of the Report
Questions Answered in the Countertops Market Research Report
Key Market Segments
Key Market Players