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Quartz Countertop Trends and Forecast
The future of the global quartz countertop market looks promising with opportunities in the residential and commercial markets. The global quartz countertop market is expected to reach an estimated $13.4 billion by 2030 with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are rising demand for aesthetic and durable surfaces, growing awareness of health and safety benefits, and increasing demand for sustainable and eco-friendly products.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Quartz Countertop by Segment
The study includes a forecast for the global quartz countertop by product type, application, and region.
Quartz Countertop Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Casting Molding
• Press Molding
Quartz Countertop Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Residential
• Commercial
• Others
Quartz Countertop Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Quartz Countertop Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies quartz countertop companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the quartz countertop companies profiled in this report include-
• Hanwha L&C
• Quarella
• Compac
• SEIEFFE
• Vicostone
• Quartz Master
• DowDuPont
• Santa Margherita
• LG Hausys
• Cambria
Quartz Countertop Market Insights
Lucintel forecasts that casting molding is expected to witness the higher growth over the forecast period due to the least expensive method, which can produce quartz with an isotropic structure and a high compressive strength.
APAC is expected to witness highest growth over the forecast period due to rise in construction activities, increased commercial & residential use, rapid urbanization, and commercialization in the region.
Features of the Global Quartz Countertop Market
Market Size Estimates: Quartz countertop market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Quartz countertop market size by product type, application, and region in terms of value ($B).
Regional Analysis: Quartz countertop market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product type, application, and regions for the quartz countertop market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the quartz countertop market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the quartz countertop market size?
Answer: The global quartz countertop market is expected to reach an estimated $13.4 billion by 2030.
Q2. What is the growth forecast for quartz countertop market?
Answer: The global quartz countertop market is expected to grow with a CAGR of 6.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the quartz countertop market?
Answer: The major drivers for this market are rising demand for aesthetic and durable surfaces, growing awareness of health and safety benefits, and increasing demand for sustainable and eco-friendly products.
Q4. What are the major segments for quartz countertop market?
Answer: The future of the global quartz countertop market looks promising with opportunities in the residential and commercial markets.
Q5. Who are the key quartz countertop market companies?
Answer: Some of the key quartz countertop companies are as follows:
• Hanwha L&C
• Quarella
• Compac
• SEIEFFE
• Vicostone
• Quartz Master
• DowDuPont
• Santa Margherita
• LG Hausys
• Cambria
Q6. Which quartz countertop market segment will be the largest in future?
Answer: Lucintel forecasts that casting molding is expected to witness the higher growth over the forecast period due to the least expensive method, which can produce quartz with an isotropic structure and a high compressive strength.
Q7. In quartz countertop market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rise in construction activities, increased commercial & residential use, rapid urbanization, and commercialization in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the quartz countertop market by product type (casting molding and press molding), application (residential, commercial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Quartz Countertop Market, Quartz Countertop Market Size, Quartz Countertop Market Growth, Quartz Countertop Market Analysis, Quartz Countertop Market Report, Quartz Countertop Market Share, Quartz Countertop Market Trends, Quartz Countertop Market Forecast, Quartz Countertop Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Quartz Countertop Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Quartz Countertop Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Quartz Countertop Market by Product Type
3.3.1: Casting Molding
3.3.2: Press Molding
3.4: Global Quartz Countertop Market by Application
3.4.1: Residential
3.4.2: Commercial
3.4.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Quartz Countertop Market by Region
4.2: North American Quartz Countertop Market
4.2.2: North American Quartz Countertop Market by Application: Residential, Commercial, and Others
4.3: European Quartz Countertop Market
4.3.1: European Quartz Countertop Market by Product Type: Casting Molding and Press Molding
4.3.2: European Quartz Countertop Market by Application: Residential, Commercial, and Others
4.4: APAC Quartz Countertop Market
4.4.1: APAC Quartz Countertop Market by Product Type: Casting Molding and Press Molding
4.4.2: APAC Quartz Countertop Market by Application: Residential, Commercial, and Others
4.5: ROW Quartz Countertop Market
4.5.1: ROW Quartz Countertop Market by Product Type: Casting Molding and Press Molding
4.5.2: ROW Quartz Countertop Market by Application: Residential, Commercial, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Quartz Countertop Market by Product Type
6.1.2: Growth Opportunities for the Global Quartz Countertop Market by Application
6.1.3: Growth Opportunities for the Global Quartz Countertop Market by Region
6.2: Emerging Trends in the Global Quartz Countertop Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Quartz Countertop Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Quartz Countertop Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Hanwha L&C
7.2: Quarella
7.3: Compac
7.4: SEIEFFE
7.5: Vicostone
7.6: Quartz Master
7.7: DowDuPont
7.8: Santa Margherita
7.9: LG Hausys
7.10: Cambria
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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