Countertop Manufacturing in the US - Industry Market Research Report
Description
Countertop Manufacturing in the US
Countertops manufacturers enjoyed strong growth in the residential construction market over the current period. Stiff price-based competition from foreign lost-cost manufacturers, compounded by high internal competition in local markets, hindered profit growth for manufacturers. Consumer preferences favoring wooden countertops bolstered manufacturers. Industry-wide revenue has been growing at a CAGR of 2.8% over the past five years and is expected to total $2.5 billion in 2023, when revenue is projected to jump an estimated 6.8%.
This industry primarily cuts, shapes and finishes countertops for kitchens and bathrooms. These countertops are primarily made out of wood and plastic laminates. The industry does not include countertops constructed on-site by building contractors.
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.
Countertops manufacturers enjoyed strong growth in the residential construction market over the current period. Stiff price-based competition from foreign lost-cost manufacturers, compounded by high internal competition in local markets, hindered profit growth for manufacturers. Consumer preferences favoring wooden countertops bolstered manufacturers. Industry-wide revenue has been growing at a CAGR of 2.8% over the past five years and is expected to total $2.5 billion in 2023, when revenue is projected to jump an estimated 6.8%.
This industry primarily cuts, shapes and finishes countertops for kitchens and bathrooms. These countertops are primarily made out of wood and plastic laminates. The industry does not include countertops constructed on-site by building contractors.
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.
Table of Contents
42 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
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Pricing
Currency Rates
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