Countertops Market Size, Share, Growth Analysis, By Material(Granite, Solid Surface, Engineered Quartz, Laminate), By Application(Kitchen, Bathroom, Other), By Region - Industry Forecast 2024-2031

Countertops Market Drivers

Increasing Investments in Building Construction Infrastructure Refurbishment and Remodelling

• Modular kitchens and decorative shelves for toiletries in luxurious bathrooms, countertops play a significant role in both the residential and commercial sectors. Due to the increasing demand for engineered and natural stone in new construction, major countertop manufacturers are concentrating on producing a variety of materials. In addition, the Global Buildings Performance Network (GBPN) is a leader in lowering the energy required for renovation of existing structures. According to GBP, a typical renovation project can save up to 20%–30% of energy, which lowers the building's degradation process.
• International Surface Fabricators Associations (ISFA) is an organization with standards for solid surfaces and quartz fabrication. This organisation represents fabricators from 13 different nations who uphold the fabrication standards and ISFA's code of conduct while taking advantage of the demand for building supplies. Its market share is significantly boosted by attractive cabinetry materials.

Countertops Market Restraints

Radiation Damage from Granite

• Granite, marble, quartz, slate, and synthetic materials are just a few materials used to build countertops. Granite is the most popular material among house and building construction professionals because of its durability and decorative appeal. 
• However, the granite emits harmful radiations which are likely to lessen its popularity for kitchen purpose.