This industry primarily cuts, shapes and finishes countertops for kitchens and food preparation areas. In the five years to 2014, the industry benefited from improving employment, rising disposable incomes and historically low interest rates, which spurred a rise in residential construction. Residential construction and private spending on home improvements largely drive demand for the Countertop Manufacturing industry, as countertops are commonly installed in new homes and during kitchen renovations. Going forward, a steady rise in these upstream industries will continue to benefit the industry. A shift in consumer preferences toward more expensive countertop materials, such as engineered stone and recycled glass, is also expected to enhance industry revenue.
This industry primarily cuts, shapes and finishes countertops for kitchens and food preparation areas. These countertops are made out of wood, laminate, solid surface (e.g. acrylic and polyester blends), tile and stone (e.g. granite, marble, and limestone).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.