Australia Countertops Market Report and Forecast 2024-2032

Australia Countertops Market Outlook

The Australia countertops market size attained a volume of 4.61 mn sq mtrs in 2023. The market is expected to grow at a CAGR of 5.3% between 2024 and 2032, reaching almost 7.36 mn sq mtrs by 2032.

Key Takeaways:

• As per industry reports, in February 2024, the total number of approved dwellings surged to 12,520, with private sector dwellings excluding houses accounting for 3,771 and private sector houses increasing by 10.7% to 8,404. The value of new residential building approvals amounted to USD 5.79 billion, while non-residential building approvals reached USD 4.09 billion in value.

The countertops market in Australia is experiencing robust growth driven by increased construction and renovation activities in both residential and commercial sectors. Countertops play a crucial role in kitchens, bathrooms, and workspaces, offering a blend of functionality and aesthetics. There is a rising demand for durable and visually appealing materials like granite, quartz, and marble, particularly fuelled by the trend towards open-plan living and modern kitchen designs.

As sustainability gains prominence, there is also a growing interest in recycled and eco-friendly countertop options. Australia exhibits the second-highest countertop demand per capita globally, trailing only the US. The country's favourable economic outlook, coupled with large homes featuring spacious kitchens and bathrooms, supports this high demand.

Factors driving Australia countertops market growth include urbanisation, increased consumer spending on home renovations, and a preference for durable and visually appealing countertop materials. Material technology advancements, eco-friendly options, and evolving consumer preferences for customised designs are further propelling market expansion.

Government policies on building codes, environmental regulations, and safety standards significantly influence market dynamics. Initiatives promoting sustainable construction practices and energy efficiency are likely to steer the market towards eco-friendly materials.

Countertops are essential in various settings such as kitchens, bathrooms, laboratories, and retail spaces, serving as practical work surfaces or stations. The market is diverse, catering to specialised needs with materials chosen for utility, durability, aesthetics, and the incorporation of built-in appliances. Granite countertops, in particular, are gaining popularity due to their aesthetic appeal, quality, and affordability, reflecting positive trends in the evolving market.

Market Segmentation

Australia Countertops Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Material Type

• Solid Surface

• Laminate

• Granite

• Marble

• Ceramic

• Concrete

• Others

Market Breakup by Use

• Renovation

• New Construction

Market Breakup by Application

• Bathroom

• Kitchen

• Others

Market Breakup by End Use

• Commercial

• Residential

Market Breakup by Region

• New South Wales

• Victoria

• Queensland

• Western Australia

• Australian Capital Territory

• Others

Competitive Landscape

Key players in the Countertops in Australia design, produce and offer products to support the end users in the market.

• Fletcher Building Limited (Laminex Group Pty Limited)

• COSENTINO GLOBAL, S.L.U.

• CASF Australia Pty Ltd

• Cairns Marble Australia Pty Ltd

• Inter IKEA Holding B.V.

• Others

Key Highlights of the Report