The Asia Pacific Countertops Market would witness market growth of 6.4% CAGR during the forecast period (2022-2028).
Countertops are installed in newly constructed homes as well as during kitchen renovations. The demand for countertop materials is also being driven by an increase in bank lending and mortgage refinancing, opening up more credit for remodelling already-existing homes. The market value of the industry under research is anticipated to grow over the projected period as consumers increasingly favor more expensive materials overlaminates.
Also, among the most recent developments in the countertop business are rust-free concrete, reclaimed wood, tactile and leather surfaces, eco-friendly composite stone, and non-porous laminates. The continuous rapid development of emerging economies like China, India, and Brazil also increases the demand for products. Additionally, the top competitors are also implementing customer-driven marketing strategies, which could be a major factor in boosting industry growth throughout the projection period.
China's tourism industry is contributing more to the national economy. The main drivers of this travel boom are the expansion of a newly prosperous middle class and the loosening of Chinese government travel restrictions. China is currently one of the largest international outbound tourist markets. Due to their high disposable earnings, residents of the area are now more affordable. The APAC region's countertops market is anticipated to have consistent expansion due to the region's developing tourism and hospitality industries.
The China market dominated the Asia Pacific Countertops Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $19,846.9 Million by 2028. The Japan market is experiencing a CAGR of 5.8% during (2022 - 2028). Additionally, The India market would display a CAGR of 7.1% during (2022 - 2028).
Based on Application, the market is segmented into Kitchen, Bathroom and Others. Based on End-user, the market is segmented into Residential and Commercial. Based on Material, the market is segmented into Granite, Solid Surface, Engineered Quartz, Laminate, Marble and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Countertops Market is Projected to reach USD 187.6 Billion by 2028, at a CAGR of 6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Masco Corporation, Cambria Company LLC, Aristech Surfaces LLC (Trinseo PLC), Wilsonart LLC, Caesarstone Ltd., Formica Group (Broadview Holding), Cosentino Global, S.L.U., MS International, Inc., Dal-Tile Corporation (Mohawk Industries, Inc.), and Rosskopf + Partner AG (Hope Bearer Foundation)
Scope of the Study
Market Segments Covered in the Report:
By Application
By End-user
By Material
- Granite
- Solid Surface
- Engineered Quartz
- Laminate
- Marble
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Masco Corporation
- Cambria Company LLC
- Aristech Surfaces LLC (Trinseo PLC)
- Wilsonart LLC
- Caesarstone Ltd.
- Formica Group (Broadview Holding)
- Cosentino Global, S.L.U.
- MS International, Inc.
- Dal-Tile Corporation (Mohawk Industries, Inc.)
- Rosskopf + Partner AG (Hope Bearer Foundation)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Countertops Market, by Application
1.4.2 Asia Pacific Countertops Market, by End-user
1.4.3 Asia Pacific Countertops Market, by Material
1.4.4 Asia Pacific Countertops Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Recent Industry Wide Strategic Developments
3.1.1 Partnerships, Collaborations and Agreements
3.1.2 Product Launches and Product Expansions
3.1.3 Acquisition and Mergers
3.1.4 Geographical Expansions
3.2 Top Winning Strategies
3.2.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.2.2 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2018, Jan – 2022, Nov) Leading Players
Chapter 4. Asia Pacific Countertops Market by Application
4.1 Asia Pacific Kitchen Market by Country
4.2 Asia Pacific Bathroom Market by Country
4.3 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Countertops Market by End-user
5.1 Asia Pacific Residential Market by Country
5.2 Asia Pacific Commercial Market by Country
Chapter 6. Asia Pacific Countertops Market by Material
6.1 Asia Pacific Granite Market by Country
6.2 Asia Pacific Solid Surface Market by Country
6.3 Asia Pacific Engineered Quartz Market by Country
6.4 Asia Pacific Laminate Market by Country
6.5 Asia Pacific Marble Market by Country
6.6 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Countertops Market by Country
7.1 China Countertops Market
7.1.1 China Countertops Market by Application
7.1.2 China Countertops Market by End-user
7.1.3 China Countertops Market by Material
7.2 Japan Countertops Market
7.2.1 Japan Countertops Market by Application
7.2.2 Japan Countertops Market by End-user
7.2.3 Japan Countertops Market by Material
7.3 India Countertops Market
7.3.1 India Countertops Market by Application
7.3.2 India Countertops Market by End-user
7.3.3 India Countertops Market by Material
7.4 South Korea Countertops Market
7.4.1 South Korea Countertops Market by Application
7.4.2 South Korea Countertops Market by End-user
7.4.3 South Korea Countertops Market by Material
7.5 Singapore Countertops Market
7.5.1 Singapore Countertops Market by Application
7.5.2 Singapore Countertops Market by End-user
7.5.3 Singapore Countertops Market by Material
7.6 Malaysia Countertops Market
7.6.1 Malaysia Countertops Market by Application
7.6.2 Malaysia Countertops Market by End-user
7.6.3 Malaysia Countertops Market by Material
7.7 Rest of Asia Pacific Countertops Market
7.7.1 Rest of Asia Pacific Countertops Market by Application
7.7.2 Rest of Asia Pacific Countertops Market by End-user
7.7.3 Rest of Asia Pacific Countertops Market by Material
Chapter 8. Company Profiles
8.1 Caesarstone Ltd.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.2 Dal-Tile Corporation (Mohawk Industries, Inc.)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Product Launches and Product Expansions:
8.3 Masco Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.4 Aristech Surfaces LLC (Trinseo PLC)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.5 Cambria Company LLC
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Partnerships, Collaborations, and Agreements:
8.5.2.2 Product Launches and Product Expansions:
8.5.2.3 Geographical Expansions:
8.6 Wilsonart LLC
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Partnerships, Collaborations, and Agreements:
8.6.2.2 Product Launches and Product Expansions:
8.6.2.3 Acquisition and Mergers:
8.7 Formica Group (Broadview Holding)
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Partnerships, Collaborations, and Agreements:
8.8 Cosentino Global, S.L.U.
8.8.1 Company Overview
8.9 MS International, Inc.
8.9.1 Company Overview
8.10. Rosskopf + Partner AG (Hope Bearer Foundation)
8.10.1 Company Overview
TABLE 1 Asia Pacific Countertops Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Countertops Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Countertops Market
TABLE 4 Product Launches And Product Expansions– Countertops Market
TABLE 5 Acquisition and Mergers– Countertops Market
TABLE 6 geographical expansions – Countertops Market
TABLE 7 Asia Pacific Countertops Market by Application, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Countertops Market by Application, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Kitchen Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Kitchen Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Bathroom Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Bathroom Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Countertops Market by End-user, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Countertops Market by End-user, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Residential Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Residential Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Commercial Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Commercial Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Countertops Market by Material, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Countertops Market by Material, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Granite Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Granite Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Solid Surface Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Solid Surface Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Engineered Quartz Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Engineered Quartz Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Laminate Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Laminate Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Marble Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Marble Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Countertops Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Countertops Market by Country, 2022 - 2028, USD Million
TABLE 37 China Countertops Market, 2018 - 2021, USD Million
TABLE 38 China Countertops Market, 2022 - 2028, USD Million
TABLE 39 China Countertops Market by Application, 2018 - 2021, USD Million
TABLE 40 China Countertops Market by Application, 2022 - 2028, USD Million
TABLE 41 China Countertops Market by End-user, 2018 - 2021, USD Million
TABLE 42 China Countertops Market by End-user, 2022 - 2028, USD Million
TABLE 43 China Countertops Market by Material, 2018 - 2021, USD Million
TABLE 44 China Countertops Market by Material, 2022 - 2028, USD Million
TABLE 45 Japan Countertops Market, 2018 - 2021, USD Million
TABLE 46 Japan Countertops Market, 2022 - 2028, USD Million
TABLE 47 Japan Countertops Market by Application, 2018 - 2021, USD Million
TABLE 48 Japan Countertops Market by Application, 2022 - 2028, USD Million
TABLE 49 Japan Countertops Market by End-user, 2018 - 2021, USD Million
TABLE 50 Japan Countertops Market by End-user, 2022 - 2028, USD Million
TABLE 51 Japan Countertops Market by Material, 2018 - 2021, USD Million
TABLE 52 Japan Countertops Market by Material, 2022 - 2028, USD Million
TABLE 53 India Countertops Market, 2018 - 2021, USD Million
TABLE 54 India Countertops Market, 2022 - 2028, USD Million
TABLE 55 India Countertops Market by Application, 2018 - 2021, USD Million
TABLE 56 India Countertops Market by Application, 2022 - 2028, USD Million
TABLE 57 India Countertops Market by End-user, 2018 - 2021, USD Million
TABLE 58 India Countertops Market by End-user, 2022 - 2028, USD Million
TABLE 59 India Countertops Market by Material, 2018 - 2021, USD Million
TABLE 60 India Countertops Market by Material, 2022 - 2028, USD Million
TABLE 61 South Korea Countertops Market, 2018 - 2021, USD Million
TABLE 62 South Korea Countertops Market, 2022 - 2028, USD Million
TABLE 63 South Korea Countertops Market by Application, 2018 - 2021, USD Million
TABLE 64 South Korea Countertops Market by Application, 2022 - 2028, USD Million
TABLE 65 South Korea Countertops Market by End-user, 2018 - 2021, USD Million
TABLE 66 South Korea Countertops Market by End-user, 2022 - 2028, USD Million
TABLE 67 South Korea Countertops Market by Material, 2018 - 2021, USD Million
TABLE 68 South Korea Countertops Market by Material, 2022 - 2028, USD Million
TABLE 69 Singapore Countertops Market, 2018 - 2021, USD Million
TABLE 70 Singapore Countertops Market, 2022 - 2028, USD Million
TABLE 71 Singapore Countertops Market by Application, 2018 - 2021, USD Million
TABLE 72 Singapore Countertops Market by Application, 2022 - 2028, USD Million
TABLE 73 Singapore Countertops Market by End-user, 2018 - 2021, USD Million
TABLE 74 Singapore Countertops Market by End-user, 2022 - 2028, USD Million
TABLE 75 Singapore Countertops Market by Material, 2018 - 2021, USD Million
TABLE 76 Singapore Countertops Market by Material, 2022 - 2028, USD Million
TABLE 77 Malaysia Countertops Market, 2018 - 2021, USD Million
TABLE 78 Malaysia Countertops Market, 2022 - 2028, USD Million
TABLE 79 Malaysia Countertops Market by Application, 2018 - 2021, USD Million
TABLE 80 Malaysia Countertops Market by Application, 2022 - 2028, USD Million
TABLE 81 Malaysia Countertops Market by End-user, 2018 - 2021, USD Million
TABLE 82 Malaysia Countertops Market by End-user, 2022 - 2028, USD Million
TABLE 83 Malaysia Countertops Market by Material, 2018 - 2021, USD Million
TABLE 84 Malaysia Countertops Market by Material, 2022 - 2028, USD Million
TABLE 85 Rest of Asia Pacific Countertops Market, 2018 - 2021, USD Million
TABLE 86 Rest of Asia Pacific Countertops Market, 2022 - 2028, USD Million
TABLE 87 Rest of Asia Pacific Countertops Market by Application, 2018 - 2021, USD Million
TABLE 88 Rest of Asia Pacific Countertops Market by Application, 2022 - 2028, USD Million
TABLE 89 Rest of Asia Pacific Countertops Market by End-user, 2018 - 2021, USD Million
TABLE 90 Rest of Asia Pacific Countertops Market by End-user, 2022 - 2028, USD Million
TABLE 91 Rest of Asia Pacific Countertops Market by Material, 2018 - 2021, USD Million
TABLE 92 Rest of Asia Pacific Countertops Market by Material, 2022 - 2028, USD Million
TABLE 93 Key Information – Caesarstone Ltd.
TABLE 94 Key Information – Dal-Tile Corporation
TABLE 95 Key Information – Masco Corporation
TABLE 96 Key Information – Aristech Surfaces LLC
TABLE 97 Key Information – Cambria Company LLC
TABLE 98 Key Information – Wilsonart LLC
TABLE 99 Key Information – Formica Group
TABLE 100 Key Information – Cosentino Global, S.L.U.
TABLE 101 Key Information – MS International, Inc.
TABLE 102 Key Information – Rosskopf + Partner AG
List of Figures
FIG 1 Methodology for the research
FIG 2 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 3 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2018, Jan – 2022, Nov) Leading Players
FIG 4 Recent strategies and developments: Cambria Company LLC
FIG 5 Recent strategies and developments: Wilsonart LLC