Global Quartz Sink Market

Quartz Sink Market Size, Share, Growth Analysis, By Type(Single-Bowl Quartz Sinks, and Double-Bowl Quartz Sinks), By Application(Residential and Commercial), By Region - Industry Forecast 2024-2031


Report ID: SQMIG30K2025 | Region: Global | Published Date: July, 2024
Pages: 198 | Tables: 60 | Figures: 75

Quartz Sink Market Insights

Global Quartz Sink Market size was valued at USD 1.09 Billion in 2022 and is poised to grow from USD 1.15 Billion in 2023 to USD 1.71 Billion by 2031, at a CAGR of 5.10% during the forecast period (2024-2031).

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.

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Global Quartz Sink Market size was valued at USD 1.09 Billion in 2022 and is poised to grow from USD 1.15 Billion in 2023 to USD 1.71 Billion by 2031, at a CAGR of 5.10% during the forecast period (2024-2031).

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. 'Franke Holding AG (Switzerland)', 'Blanco GmbH (Germany)', 'Elkay Manufacturing Company (US)', 'Acrysil Limited (India)', 'Karran USA (US)', 'Astracast Limited (UK)', 'Kohler Co. (US)', 'Alveus d.o.o. (Slovenia)', 'ABK InnoVent SAS (France)', 'Smeg USA Inc. (US)', 'Oliveri Solutions (Australia)', 'Elk Group International Inc. (US)', 'CMI (China)', 'Teka Group (Germany)', 'E-Granitek (Russia)', 'Prussia Kitchen & Bath Co. Ltd. (China)', 'Lotus International Co. Ltd. (Taiwan)', 'Foshan Sland Sanitary Ware Co. Ltd. (China)', 'Jiangmen XHHL Stainless Steel Kitchen Appliance Manufacturing Co. Ltd. (China)', 'Kingston Brass Inc. (US)'

One major driver of the global market for quartz sinks is the increasing demand for home improvement projects. Consumers are seeking out kitchen sinks with multiple bowls, innovative designs, and easy-to-clean features. This demand is expected to continue driving market growth in regions such as North America and the Asia-Pacific. Additionally, the adoption of new technologies and the introduction of new materials and designs in the manufacturing of quartz sinks are further fueling the growth of the market.

One key market trend in the global market for quartz sinks is the rising demand for eco-friendly and sustainable products. Manufacturers are using sustainable materials such as recycled quartz, recycled glass, and natural stones to create eco-friendly products that align with consumers' changing preferences. Additionally, the integration of advanced technologies such as touchless faucets and voice-activated sinks is becoming increasingly popular. These trends are expected to continue shaping the market in the coming years as consumers place greater emphasis on sustainability and convenience.

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.

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Global Quartz Sink Market

Report ID: SQMIG30K2025

$5,300
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