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The United States countertop market value reached USD 30.86 billion in 2023. During the forecast period between 2024 and 2032, the market is expected to grow at a CAGR of 2.6% to reach around USD 38.88 billion by 2032.
United States Countertop Market Report Summary | Description | Value |
Base Year | USD Billion | 2023 |
Historical Period | USD Billion | 2018-2023 |
Forecast Period | USD Billion | 2024-2032 |
Market Size 2023 | USD Billion | 30.86 |
Market Size 2032 | USD Billion | 38.88 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 2.6% |
CAGR 2024-2032 - Market by Region | Southwest | 2.7% |
CAGR 2024-2032 - Market by Region | Southeast | 2.6% |
CAGR 2024-2032 - Market by End Use | Residential | 2.9% |
CAGR 2024-2032 - Market by Distribution Channel | Online Retail | 2.9% |
Market Share by Region | New England | XX% |
The countertop industry in the United States is witness substantial growth due to rising demand for larger kitchens and bathrooms and increasing home improvement spending. As people invest more in new homes or remodelling projects, the demand for spacious kitchens and multiple bathrooms is expected to grow, which can positively affect the growth of the United States countertop market as well. As per industry reports, in November 2022, annual privately-owned housing completions in the US increased by 10%, following a 6% increase in the previous month. Similarly, a survey done by Discover Home Loans in March 2022 revealed that around 79% of homeowners in US prefer renovating their homes rather than relocating.
Moreover, there is an increasing consumer demand for high-quality countertop materials, such as quartz and granite, driven by the need for more durable and aesthetic surfaces. This trend is also fuelling the countertop market share in United States. Apart from residential sector, there is a rising demand for countertops in commercial settings of the country as well. This is due to the rise in number of food establishments and hotel rooms in US.
CAGR 2024-2032 - Market by | End Use |
Residential | 2.9% |
Commercial | 2.7% |
Others | 2.5% |
In terms of distribution channels, the online retail is expected to dominate the market with the highest CAGR of 2.9% over the forecast period. As per the United States countertop industry analysis, offline retail is also projected to grow, albeit at a slightly lower rate of 2.3%. This underscores the increasing preference for online shopping, driven by the convenience and variety of options available to consumers, while offline retail continues to play a significant role in the market.
CAGR 2024-2032 - Market by | Distribution Channel |
Online Retail | 2.9% |
Offline Retail | 2.3% |
The Far West region is projected to lead with the highest compound annual growth rate (CAGR) of 3.0%, followed by the Rocky Mountain region at 2.8%. The Southwest and Southeast regions are also set to see notable growth with CAGRs of 2.7% and 2.6%, respectively. Other regions, including New England (2.4%), the Mideast (2.2%), the Plains (2.1%), and the Great Lakes (2.0%), will contribute to the overall countertop demand forecast in United States.
CAGR 2024-2032 - Market by | Region |
Southwest | 2.7% |
Southeast | 2.6% |
New England | 2.4% |
Mideast | 2.2% |
Plains | 2.1% |
Great Lakes | 2.0% |
Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States countertop market spanning from 2018 to 2032.
The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States countertop industry.
Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States countertop market.
The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.
Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States countertop market landscape.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Material Type |
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Breakup by End-Use |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 United States Countertop Market Analysis
8.1 Key Industry Highlights
8.2 United States Countertop Historical Market (2018-2023)
8.3 United States Countertop Market Forecast (2024-2032)
9 United States Countertop Market by Material Type
9.1 Granite
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Marble
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Quartz
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Laminate
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Others
10 United States Countertop Market by End-Use
10.1 Residential
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Commercial
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Others
11 United States Countertop Market by Distribution Channel
11.1 Online
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Offline
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 United States Countertop Market by Region
12.1 New England
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Mideast
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Great Lakes
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Plains
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Southeast
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Southwest
12.6.1 Historical Trend (2018-2023)
12.6.2 Forecast Trend (2024-2032)
12.7 Rocky Mountain
12.7.1 Historical Trend (2018-2023)
12.7.2 Forecast Trend (2024-2032)
12.8 Far West
12.8.1 Historical Trend (2018-2023)
12.8.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Cambria
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Cosentino S.A.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Dupont
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Others
15 Key Trends and Developments in the Market
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