The Latin America, Middle East and Africa Countertops Market would witness market growth of 7.9% CAGR during the forecast period (2022-2028).
The market is expanding strongly due to increased private spending on home improvements and a consistent rise in the residential building industry globally. In brand-new homes and during kitchen renovations, countertops are typically added. Also, there is a surge in bank lending and mortgage refinancing, which makes more credit available for renovating existing homes and fuels demand for countertop products.
Low-interest rates, rising disposable income, and a rising employment rate, particularly in industrialized nations, are projected to increase demand for residential development. In addition, due to increased private spending on home modifications and residential construction, countertop material sales are anticipated to increase steadily over the projection period.
The infrastructure of major cities has grown significantly as a result of urbanization, and the construction of new homes and businesses has progressed quickly. As the population of the city grows, so does the number of hotels, restaurants, schools, parks, and gardens in the area. The hospitality industry has grown more quickly as a result of the concurrent growth of the tourism industry. The main factors driving the market expansion are the increasing economy and the quick growth of Africa's urban population, and their purchasing power.
The Brazil market dominated the LAMEA Countertops Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,398.9 Million by 2028. The Argentina market is experiencing a CAGR of 8.5% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 7.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Countertops Market, by Application
1.4.2 LAMEA Countertops Market, by End-user
1.4.3 LAMEA Countertops Market, by Material
1.4.4 LAMEA 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. LAMEA Countertops Market by Application
4.1 LAMEA Kitchen Market by Country
4.2 LAMEA Bathroom Market by Country
4.3 LAMEA Others Market by Country
Chapter 5. LAMEA Countertops Market by End-user
5.1 LAMEA Residential Market by Country
5.2 LAMEA Commercial Market by Country
Chapter 6. LAMEA Countertops Market by Material
6.1 LAMEA Granite Market by Country
6.2 LAMEA Solid Surface Market by Country
6.3 LAMEA Engineered Quartz Market by Country
6.4 LAMEA Laminate Market by Country
6.5 LAMEA Marble Market by Country
6.6 LAMEA Others Market by Country
Chapter 7. LAMEA Countertops Market by Country
7.1 Brazil Countertops Market
7.1.1 Brazil Countertops Market by Application
7.1.2 Brazil Countertops Market by End-user
7.1.3 Brazil Countertops Market by Material
7.2 Argentina Countertops Market
7.2.1 Argentina Countertops Market by Application
7.2.2 Argentina Countertops Market by End-user
7.2.3 Argentina Countertops Market by Material
7.3 UAE Countertops Market
7.3.1 UAE Countertops Market by Application
7.3.2 UAE Countertops Market by End-user
7.3.3 UAE Countertops Market by Material
7.4 Saudi Arabia Countertops Market
7.4.1 Saudi Arabia Countertops Market by Application
7.4.2 Saudi Arabia Countertops Market by End-user
7.4.3 Saudi Arabia Countertops Market by Material
7.5 South Africa Countertops Market
7.5.1 South Africa Countertops Market by Application
7.5.2 South Africa Countertops Market by End-user
7.5.3 South Africa Countertops Market by Material
7.6 Nigeria Countertops Market
7.6.1 Nigeria Countertops Market by Application
7.6.2 Nigeria Countertops Market by End-user
7.6.3 Nigeria Countertops Market by Material
7.7 Rest of LAMEA Countertops Market
7.7.1 Rest of LAMEA Countertops Market by Application
7.7.2 Rest of LAMEA Countertops Market by End-user
7.7.3 Rest of LAMEA 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 LAMEA Countertops Market, 2018 - 2021, USD Million
TABLE 2 LAMEA 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 LAMEA Countertops Market by Application, 2018 - 2021, USD Million
TABLE 8 LAMEA Countertops Market by Application, 2022 - 2028, USD Million
TABLE 9 LAMEA Kitchen Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Kitchen Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Bathroom Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Bathroom Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Countertops Market by End-user, 2018 - 2021, USD Million
TABLE 16 LAMEA Countertops Market by End-user, 2022 - 2028, USD Million
TABLE 17 LAMEA Residential Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Residential Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Commercial Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Commercial Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Countertops Market by Material, 2018 - 2021, USD Million
TABLE 22 LAMEA Countertops Market by Material, 2022 - 2028, USD Million
TABLE 23 LAMEA Granite Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Granite Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Solid Surface Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Solid Surface Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Engineered Quartz Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Engineered Quartz Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Laminate Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Laminate Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Marble Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Marble Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Countertops Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Countertops Market by Country, 2022 - 2028, USD Million
TABLE 37 Brazil Countertops Market, 2018 - 2021, USD Million
TABLE 38 Brazil Countertops Market, 2022 - 2028, USD Million
TABLE 39 Brazil Countertops Market by Application, 2018 - 2021, USD Million
TABLE 40 Brazil Countertops Market by Application, 2022 - 2028, USD Million
TABLE 41 Brazil Countertops Market by End-user, 2018 - 2021, USD Million
TABLE 42 Brazil Countertops Market by End-user, 2022 - 2028, USD Million
TABLE 43 Brazil Countertops Market by Material, 2018 - 2021, USD Million
TABLE 44 Brazil Countertops Market by Material, 2022 - 2028, USD Million
TABLE 45 Argentina Countertops Market, 2018 - 2021, USD Million
TABLE 46 Argentina Countertops Market, 2022 - 2028, USD Million
TABLE 47 Argentina Countertops Market by Application, 2018 - 2021, USD Million
TABLE 48 Argentina Countertops Market by Application, 2022 - 2028, USD Million
TABLE 49 Argentina Countertops Market by End-user, 2018 - 2021, USD Million
TABLE 50 Argentina Countertops Market by End-user, 2022 - 2028, USD Million
TABLE 51 Argentina Countertops Market by Material, 2018 - 2021, USD Million
TABLE 52 Argentina Countertops Market by Material, 2022 - 2028, USD Million
TABLE 53 UAE Countertops Market, 2018 - 2021, USD Million
TABLE 54 UAE Countertops Market, 2022 - 2028, USD Million
TABLE 55 UAE Countertops Market by Application, 2018 - 2021, USD Million
TABLE 56 UAE Countertops Market by Application, 2022 - 2028, USD Million
TABLE 57 UAE Countertops Market by End-user, 2018 - 2021, USD Million
TABLE 58 UAE Countertops Market by End-user, 2022 - 2028, USD Million
TABLE 59 UAE Countertops Market by Material, 2018 - 2021, USD Million
TABLE 60 UAE Countertops Market by Material, 2022 - 2028, USD Million
TABLE 61 Saudi Arabia Countertops Market, 2018 - 2021, USD Million
TABLE 62 Saudi Arabia Countertops Market, 2022 - 2028, USD Million
TABLE 63 Saudi Arabia Countertops Market by Application, 2018 - 2021, USD Million
TABLE 64 Saudi Arabia Countertops Market by Application, 2022 - 2028, USD Million
TABLE 65 Saudi Arabia Countertops Market by End-user, 2018 - 2021, USD Million
TABLE 66 Saudi Arabia Countertops Market by End-user, 2022 - 2028, USD Million
TABLE 67 Saudi Arabia Countertops Market by Material, 2018 - 2021, USD Million
TABLE 68 Saudi Arabia Countertops Market by Material, 2022 - 2028, USD Million
TABLE 69 South Africa Countertops Market, 2018 - 2021, USD Million
TABLE 70 South Africa Countertops Market, 2022 - 2028, USD Million
TABLE 71 South Africa Countertops Market by Application, 2018 - 2021, USD Million
TABLE 72 South Africa Countertops Market by Application, 2022 - 2028, USD Million
TABLE 73 South Africa Countertops Market by End-user, 2018 - 2021, USD Million
TABLE 74 South Africa Countertops Market by End-user, 2022 - 2028, USD Million
TABLE 75 South Africa Countertops Market by Material, 2018 - 2021, USD Million
TABLE 76 South Africa Countertops Market by Material, 2022 - 2028, USD Million
TABLE 77 Nigeria Countertops Market, 2018 - 2021, USD Million
TABLE 78 Nigeria Countertops Market, 2022 - 2028, USD Million
TABLE 79 Nigeria Countertops Market by Application, 2018 - 2021, USD Million
TABLE 80 Nigeria Countertops Market by Application, 2022 - 2028, USD Million
TABLE 81 Nigeria Countertops Market by End-user, 2018 - 2021, USD Million
TABLE 82 Nigeria Countertops Market by End-user, 2022 - 2028, USD Million
TABLE 83 Nigeria Countertops Market by Material, 2018 - 2021, USD Million
TABLE 84 Nigeria Countertops Market by Material, 2022 - 2028, USD Million
TABLE 85 Rest of LAMEA Countertops Market, 2018 - 2021, USD Million
TABLE 86 Rest of LAMEA Countertops Market, 2022 - 2028, USD Million
TABLE 87 Rest of LAMEA Countertops Market by Application, 2018 - 2021, USD Million
TABLE 88 Rest of LAMEA Countertops Market by Application, 2022 - 2028, USD Million
TABLE 89 Rest of LAMEA Countertops Market by End-user, 2018 - 2021, USD Million
TABLE 90 Rest of LAMEA Countertops Market by End-user, 2022 - 2028, USD Million
TABLE 91 Rest of LAMEA Countertops Market by Material, 2018 - 2021, USD Million
TABLE 92 Rest of LAMEA 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