September 25, 2018/Press Release/ResearchByMarkets/— “Global Countertops Market with Focus on Quartz Market: Size, Trends & Forecasts (2017-2021)” provides a detailed analysis of the global countertops market with analysis of market size by value, volume, growth, segments, etc. Further, analysis of quartz countertops market by value and penetration by region has been done in this report.
Under competitive landscape different players in the global countertop market have been compared on basis of their revenue and market capitalization.
Caesarstone Sdot- Yam Ltd., DuPont, Illinois Tool Works Inc. and Pokarna Ltd. are some of the key players operating in the global countertop market, whose company profiling is done in the report. In this segment of the report, business overview, financial overview and the business strategies of the companies are provided.
Caesarstone Sdot- Yam Ltd.
Illinois Tool Works Inc.
The countertop market can be segmented on the basis of material type and end sector. On the basis of material type, the global countertop market can be further segmented into granite, solid surfaces, quartz, laminates and marbles. On the basis of end sector, the market can be divided into residential and commercial.
The global countertops market is expected to grow at a healthy rate during the projected period (2017-2021). The growth in market is expected on account of many growth drivers such as increase in number of food serving outlets, preference for spacious kitchens and multiple bathrooms, upsurge in disposable income and rise in number of hotel rooms worldwide.
However, the market also faces some challenges like increasing rates of interest, rising sales price of existing homes and also the disadvantages of granite countertops discouraging people to purchase these countertops. Increasing urbanization, rising preference for quartz countertops, evolution of ultra compact surface countertops and rise in number of nuclear families are some of the latest trends in the global countertops market.
Ritesh Tiwari, Director