Market Overview:
The global kitchen and bathroom worktops market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into laminates, natural and engineered stone, solid wood, and others. Laminates are expected to be the fastest-growing type in terms of value during the forecast period owing to their low cost as compared to other types and easy installation process. On the basis of application, residential applications are expected to account for a larger share in terms of value in 2018 as compared to commercial applications; however, commercial applications are projected to register a higher CAGR during the forecast period owingto rising demand from hospitality sector across different regions worldwide.
Product Definition:
A kitchen worktop is a horizontal surface in a kitchen that is designed to be used for food preparation. A bathroom worktop, sometimes called a vanity top, is a horizontal surface in a bathroom that is designed to be used for various tasks such as washing hands or brushing teeth.
Laminates:
Laminates, also known as laminate flooring or lamination is a thin layer of wood pulp with adhesive on one or both sides. It's primary function in the kitchen and bathroom worktops market is to provide a surface for adhesives to bond. The other functions include thermal insulation, sound deadening and protection from moisture & bacteria.
Natural and Engineered Stone:
Natural stone is one of the most durable materials in the world. It is available in various types and alloys, but its basic form can be recognized easily. Granite, marble, soapstone are some of the common natural stones that are used for making countertops and other kitchen worktops accessories.
Application Insights:
The residential application segment accounted for the largest share of more than 70.0% in 2017. The rising number of single-family houses in developed countries including U.S., Germany, and France is expected to remain a key factor driving the demand for worktops over the forecast period. In addition, increasing renovation activities in urban areas are likely to propel product demand from 2018 to 2030.
The commercial application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to an increase in construction spending by restaurants and hotels across developing countries including China, India, Brazil.
Regional Analysis:
Asia Pacific dominated the global kitchen and bathroom worktops market in 2017. This is attributed to increasing construction activities, growing population, and rising disposable income of consumers. Moreover, rapid urbanization has led to an increase in the number of single-family houses which are expected to drive demand for modularized products over the forecast period.
The Asia Pacific region is characterized by a large number of manufacturers who cater to developing countries like India and China with low labor costs as well as high growth potential owing to rapidly expanding residential & commercial construction sectors. These factors have contributed significantly towards regional market growth over the past few years.
Growth Factors:
- Increasing demand for luxurious and customized kitchen and bathroom worktops from the affluent class.
- Rising disposable income of the middle-class population, who are increasingly investing in remodeling their kitchens and bathrooms with high-end worktops.
- Proliferation of home improvement shows on television that is increasing awareness about different types of kitchen and bathroom worktops among consumers.
- Growing popularity of modular kitchens, which is leading to an increase in demand for customized kitchen worktops.
Scope Of The Report
Report Attributes
Report Details
Report Title
Kitchen and Bathroom Worktops Market Research Report
By Type
Laminates, Natural and Engineered Stone, Solid Wood, Others
By Application
Residential, Commercial
By Companies
Howdens, Symphony Group UK, Wren Kitchens, Harvey Jones, Smallbone, Mark Wilkinson, Tom Howley, Ashley Ann, Magnet, IKEA, Formica, Sheridan Fabrications, Luna Stone, Stone of London Ltd, Whitehall Fabrications
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Kitchen and Bathroom Worktops Market Report Segments:
The global Kitchen and Bathroom Worktops market is segmented on the basis of:
Types
Laminates, Natural and Engineered Stone, Solid Wood, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Howdens
- Symphony Group UK
- Wren Kitchens
- Harvey Jones
- Smallbone
- Mark Wilkinson
- Tom Howley
- Ashley Ann
- Magnet
- IKEA
- Formica
- Sheridan Fabrications
- Luna Stone
- Stone of London Ltd
- Whitehall Fabrications
Highlights of The Kitchen and Bathroom Worktops Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Laminates
- Natural and Engineered Stone
- Solid Wood
- Others
- By Application:
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Kitchen and Bathroom Worktops Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Kitchen and bathroom worktops are the surfaces on which food is prepared and cleaned. They can be made from a variety of materials, including wood, granite, marble or quartz.
Some of the key players operating in the kitchen and bathroom worktops market are Howdens, Symphony Group UK, Wren Kitchens, Harvey Jones, Smallbone, Mark Wilkinson, Tom Howley, Ashley Ann, Magnet, IKEA, Formica, Sheridan Fabrications, Luna Stone, Stone of London Ltd, Whitehall Fabrications.
The kitchen and bathroom worktops market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Kitchen and Bathroom Worktops Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Kitchen and Bathroom Worktops Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Kitchen and Bathroom Worktops Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Kitchen and Bathroom Worktops Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Kitchen and Bathroom Worktops Market Size & Forecast, 2020-2028
4.5.1 Kitchen and Bathroom Worktops Market Size and Y-o-Y Growth
4.5.2 Kitchen and Bathroom Worktops Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Laminates
5.2.2 Natural and Engineered Stone
5.2.3 Solid Wood
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Kitchen and Bathroom Worktops Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Kitchen and Bathroom Worktops Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Laminates
9.6.2 Natural and Engineered Stone
9.6.3 Solid Wood
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Laminates
10.6.2 Natural and Engineered Stone
10.6.3 Solid Wood
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Laminates
11.6.2 Natural and Engineered Stone
11.6.3 Solid Wood
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Laminates
12.6.2 Natural and Engineered Stone
12.6.3 Solid Wood
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Laminates
13.6.2 Natural and Engineered Stone
13.6.3 Solid Wood
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Kitchen and Bathroom Worktops Market: Competitive Dashboard
14.2 Global Kitchen and Bathroom Worktops Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Howdens
14.3.2 Symphony Group UK
14.3.3 Wren Kitchens
14.3.4 Harvey Jones
14.3.5 Smallbone
14.3.6 Mark Wilkinson
14.3.7 Tom Howley
14.3.8 Ashley Ann
14.3.9 Magnet
14.3.10 IKEA
14.3.11 Formica
14.3.12 Sheridan Fabrications
14.3.13 Luna Stone
14.3.14 Stone of London Ltd
14.3.15 Whitehall Fabrications
