USD 1.09 Billion
Report ID:
SQMIG30K2025 |
Region:
Global |
Published Date: July, 2024
Pages:
198
|Tables:
60
|Figures:
75
Quartz Sink Market size was valued at USD 1.15 Billion in 2023 and is poised to grow from USD 1.21 Billion in 2024 to USD 1.8 Billion by 2032, growing at a CAGR of 5.10% during the forecast period (2025-2032).
Growth in residential homes, hotels, restaurants, hospitals and other commercial buildings is driving the demand for quartz sinks. Furthermore, the rise in expenditure on home improvement services are some of the major factors driving the growth of the global market during the forecast period. The severe condition of closures and supply shortages have created an industry-wide epidemic. According to the National Kitchen and Bath Association (NKBA), the average impact of COVID-19 on performance is 7.4 on a scale of 1 to 10, with 1 being no impact and 10 being the most impact Nea. In addition, nearly 60% of NKBA members experienced supply chain disruptions, which include long lead times, slow product development and delayed shipping Quartz sinks market has significantly impacted epidemic structure. In recent years, the attitude of consumers towards buying a kitchen sink has changed and they are looking for a double kitchen sink when remodelling or buying a new home. Many customers want two sinks; One for cleaning and the other for food preparation. Two-cup sinks are usually picked up by customers who have a lot of counter space. Also, stainless steel or sinks made of granite or quartz composites are specially offered with benefits of easy cleaning and heat resistance offered by consumers. Furthermore, key players are adopting different strategies with innovative materials conducted to demonstrate the uniqueness of the products. Innovations and designs have emerged in the kitchen sink market introducing quartz sinks with a range of unique stylings and ethnic inspirations. installed quartz sinks. Partnered with GROHE, a prestigious German brand to offer quartz kitchen sinks.
Also, laminated kitchen countertops can be a challenge for the kitchen sink market as it does not support installation of under mount sink Laminated countertops are made of MDF or particle board, they cannot hold the weight of the sink with the help of nuts, bolts and washers. Also, the bottom kitchen sink lacks a rim and border, increasing the chances of overflow. Thus, these challenges posed by kitchen sink basement are expected to hamper the growth of the market. However, the construction and construction sector are expected to slowly recover in the coming years. Global economic growth will be rapid but uneven, with many industries in the supply chain recovering rapidly and major companies operating in the kitchen sink market innovating. This is anticipated to boost the prospects for the global quartz sinks market.
US Quartz Sink Market is poised to grow at sustainable CAGR for the next forecast year.
Global Market Size
USD 1.09 Billion
Largest Segment
Single-Bowl Quartz Sinks
Fastest Growth
Single-Bowl Quartz Sinks
Growth Rate
5.10% CAGR
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The Global Quartz Sink market is segmented by type, application, and region. Based on type, the market can be segmented into single-bowl quartz sinks, and double-bowl quartz sinks. Based on application, the market is segmented into residential, and commercial. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Quartz Sink Market Analysis by Type
By type the market can be segmented into single-bowl quartz sinks, and double-bowl quartz sinks. The double-bowl quartz sink segment is the dominating segment of the market. This can be attributed to the growing demand for functional kitchen spaces that offer greater convenience and efficiency. As more homeowners seek to optimize their kitchen space, double-bowl sinks are becoming more popular due to their multi-tasking capabilities.
However, the single-bowl quartz sink segment is also experiencing steady growth, with increasing demand from consumers who prioritize larger basin size for washing oversized cookware and baking sheets. Additionally, with the growing trend towards open-concept kitchen designs, single-bowl sinks are becoming increasingly popular due to their modern and minimalist aesthetic appeal.
Quartz Sink Market Analysis by Application
By Application, the market can be segmented into residential and commercial. The residential segment is the dominating segment of the market, accounting for the majority of the market share. This can be attributed to the fact that homeowners are the primary users of quartz sinks in their kitchens and bathrooms. With the growing trend towards home improvement and renovation projects, homeowners are increasingly investing in high-quality, durable, and aesthetically pleasing quartz sinks for their homes.
On the other hand, the commercial segment, which includes restaurants, hotels, hospitals, and other commercial facilities, is the fastest-growing segment of the quartz sink market. This can be attributed to the growing demand for high-quality and durable quartz sinks that can withstand heavy usage and frequent cleaning in commercial environments.
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North America is a dominant market for quartz sinks, primarily due to the high demand for home improvement projects and the growth of the construction sector. The United States and Canada are the major countries driving the growth of the North American market. The increasing consumer preference for kitchen sinks with multiple bowls, innovative designs, and easy to clean features is expected to drive market growth in this region. Additionally, the adoption of new technologies and the introduction of new materials and designs in the manufacturing of quartz sinks will further fuel the growth of the market in North America.
The APAC region is the fastest-growing market for quartz sinks, owing to the significant growth of the construction industry and the increasing number of households in the region. The growing demand for luxurious and modern homes in countries like China, India, and Japan is driving the growth of the APAC market for quartz sinks. The increasing disposable income of the consumers in the region is also a major factor contributing to the growth of the market. Additionally, the rise in urbanization and the growth of the hospitality sector are further fueling the growth of the market in this region.
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Quartz Sink Market Drivers
Increasing Demand For Home Improvement Projects To Bolster Market Growth
Quartz Sink Market Restraints
Challenge Posed By Laminated Kitchen Countertops To Hinder Market Growth
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The global market for quartz sinks is highly competitive, with the presence of several regional and international players. To gain a competitive edge, players are focusing on product differentiation by innovating product features and designs. Manufacturers are launching quartz sinks with distinctive styling and a range of ethnic inspirations. Moreover, players are adopting various growth strategies such as partnerships, collaborations, and mergers & acquisitions. Additionally, companies are investing heavily in R&D activities to develop new and innovative products that cater to the changing consumer preferences and requirements.
Top Player’s Company Profiles
Quartz Sink Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
The global market for quartz sinks is driven by the growth of residential households and commercial construction, along with an increase in spending on home improvement projects. Consumer preferences towards double-bowl sinks made of stainless steel or composite sinks made of granite or quartz are on the rise. The market is highly competitive with several regional and international players, investing in R&D and partnerships to develop new and innovative products that cater to changing consumer preferences. The market trend towards eco-friendly and sustainable products and the integration of advanced technologies such as touchless faucets and voice-activated sinks are expected to continue shaping the market in the coming years.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 1.09 Billion |
Market size value in 2031 | USD 1.71 Billion |
Growth Rate | 5.10% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Quartz Sink Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Quartz Sink Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Quartz Sink Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Quartz Sink Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG30K2025
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