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US Countertops

Publisher Freedonia Group
Published Jun 21, 2024
Length 303 Pages
SKU # FG18910520

Description

US Countertops


Demand for countertops in the US is forecast to increase 2.4% per year from a low (by recent standards) 2023 base to 935 million square feet in 2028, valued at $8.6 billion. Following a decline in residential renovation in 2023 and a mixed housing market environment in 2024, demand will advance throughout the rest of the forecast period, supported by:
  • greater average share of housing space devoted to kitchens and bathrooms in new housing
  • elevated levels of single-family housing construction
  • rising residential remodeling activity, due in part to the ability of new countertops to improve home values
  • rising commercial building construction

Single-Family Remodeling Continues to Drive the US Countertops Market


Single-family kitchen and bathroom remodeling continues to drive demand for countertops, with countertop replacement still one of the most popular home remodeling projects. Trading up from laminates and solid surface to more natural looking (and higher value) materials – such as engineered stone, porcelain slab, and butcher block – is an effective way to quickly change a home’s appearance to align with new trends. Additionally, the use of costlier countertops can boost the value of a home, an important step for those homeowners who wish to sell their current residence.

Porcelain Slab Remains One of the Fastest Growing Products Ever Introduced


Porcelain slab has grown robustly since its introduction to the US countertops market in 2013; to that end, it is expected to be the fastest growing countertop material in the US through 2028 by a considerable margin. Porcelain slab is rapidly rising in popularity as consumers who wish to differentiate their homes seek alternatives to engineered stone and granite, but still desire countertops with natural appearances and favorable performance properties. The latter include:
  • stain resistance in both indoor and outdoor settings, as well as heat and frost resistance, which makes porcelain a top choice for outdoor kitchens
  • greater strength and durability when compared to granite
  • absence of discoloration or color change issues
  • wide variety of finishes, patterns, and colors available from manufacturers
  • easy-to-clean, hygienic surface

Table of Contents

303 Pages
    • Figure 1-1. US Countertops Market
    • Economic Forecast
    • Short-Term Construction Outlook
    • Short-Term Countertops Industry Trends
    • Study Scope
    • Industry Flowchart
    • Historical Market Trends
    • Demand Overview (Square Feet & Market Value)
    • Materials Overview
    • Markets Overview
    • Areas of Installation (Rooms) Overview
    • Inflation & Pricing Trends
    • International Trade
    • Building Construction Outlook
    • Installation Costs
    • Regulations & Standards
    • Sustainability Trends
    • Health Concerns
    • New Product Development
    • Consumer Material & Design Preferences
    • Scope & Product Description
    • Markets
    • Areas of Installation
    • Pricing
    • Installation Costs
    • Foreign Trade
    • Market Share
    • Scope & Product Description
    • Markets
    • Areas of Installation
    • Pricing
    • Installation Costs
    • Foreign Trade
    • Market Share
    • Scope & Product Description
    • Material Types
    • Markets
    • Areas of Installation
    • Pricing
    • Installation Costs
    • Foreign Trade
    • Market Share
    • Scope & Product Description
    • Material Types
    • Markets
    • Areas of Installation
    • Pricing
    • Installation Costs
    • Foreign Trade
    • Market Share
    • Scope & Product Description
    • Material Types
    • Markets
    • Areas of Installation
    • Pricing
    • Installation Costs
    • Foreign Trade
    • Key Suppliers
    • Porcelain Slab Countertops
    • Metal Countertops
    • Wood Countertops
    • Concrete Countertops
    • Other Countertops (Glass, Bamboo, Cork)
    • Market Scope
    • Materials Trends
    • Project Types
    • Housing Types
    • Areas of Installation
    • Key Suppliers
    • Consumer Insights
    • Market Scope
    • Materials Trends
    • Project Types
    • Building Types
    • Areas of Installation
    • Key Suppliers
    • Scope & Product Description
    • Materials Trends
    • Markets
    • Scope & Product Description
    • Materials Trends
    • Markets
    • Scope & Product Description
    • Materials Trends
    • Markets
    • Key Findings & Industry Composition
    • Market Share
    • List of Industry Participants
    • Report Details
    • Definitions
    • Abbreviations
    • Freedonia Methodology
    • Study-Specific Methodology
    • Data Changes from Previous Version
    • Sources
    • Associations & Agencies
    • Related Studies & Reports
    • Macroeconomic Assumptions

Pricing

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