The North America Countertops Market would witness market growth of 5.4% CAGR during the forecast period (2022-2028).
Countertops are becoming increasingly important in both the residential and commercial sectors due to new applications like modular kitchens and beautiful shelving for amenities in luxury bathrooms. Major countertop manufacturers focus on developing various materials because of the rising demand for engineered and natural stone in new construction. Furthermore, the demand for work is rising as more construction firms spend on remodeling more aged buildings Countertop Market.
In addition, the refurbishing and renovating of existing structures boost the demand for natural stone. Laboratory countertops are surfaces used only in science-related labs or for scientific research. They can store chemicals, projects, tools, and equipment. The properties of laboratory countertops are typically influenced by the reagents or corrosive substances being employed.
If the countertop is utilized in a chemical, physics, food science, microbiology, or biology lab, it will impact its intended usage. Strong, long-lasting, and resistant to chemicals, dampness, or both are common qualities of favored laboratory countertops. They could also need to withstand acids and high temperatures, depending on the lab's goals.
The building industry is expanding steadily in Canada. As a consequence, there are significant construction plans for the entire nation. For instance, as part of the Investing in Canada Infrastructure Program, the governments of Canada and Alberta pledged more than 52.7 million USD to finish several infrastructure projects. The US is the most popular vacation spot for Mexican tourists. 10.4 million Mexicans visited the US in 2021, making up 47% of all foreign visitors. As a result, there would be more hotels and restaurants. The number of construction projects in the area is rising as a result. In addition, several people in the area can now invest more in patio furniture because of the rising living standard. These and other factors will cause the countertops market in North America to expand.
The US market dominated the North America Countertops Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $39,360.8 Million by 2028. The Canada market is poised to grow at a CAGR of 7.8% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 6.8% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Countertops Market is Predict to reach $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)
By Application
By End-user
By Material
By Country
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