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United States Countertops Market to 2026 - Increasing Interest in Outdoor Kitchens, Islands and Wet Bars is Driving Growth

·5-min read
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Dublin, Sept. 12, 2022 (GLOBE NEWSWIRE) -- The "US Countertops Market 2022-2026" report has been added to ResearchAndMarkets.com's offering.

Through 2026, demand for countertops in the US is forecast to rise 4.4% per year to 1.1 billion square feet valued at $56.8 billion, boosted by:

  • increasing residential kitchen and bathroom remodeling, as well as consumer willingness to trade up to more expensive materials such as granite and engineered stone to improve home values

  • trends favoring larger kitchens and multiple bathrooms

  • increasing interest in outdoor kitchens, islands, and wet bars

  • elevated housing construction and rising commercial building construction

Engineered Stone Surpasses Laminate as the Most Popular Countertop Material

In 2021, engineered stone surpassed laminate to become the most used countertop material in the US, marking the first time in decades that laminate was not the most popular countertop material.

Going forward, engineered stone will continue to expand its market share to account for 36% of countertop demand in area terms, which growth stemming from trends of the last decade. The rapid increase in low-cost slabs from foreign markets - particularly China, India, Turkey, and Vietnam - made engineered stone countertops more affordable for middle-class homeowners. As prices for engineered stone decreased as color availability expanded, consumers became much more willing to purchase higher-cost countertops and grew to strongly prefer the aesthetics and quality of engineered stone overlaminates.

Demand for Porcelain Slab Countertops to Grow Robustly

Similar to the rapid advances seen for engineered stone during the past decade, porcelain slab has grown robustly since 2016 and is expected to be the fastest-growing countertop material in the US through 2026. Porcelain slab is rapidly rising in popularity as consumers seek alternatives to engineered stone and granite. These consumers want to differentiate their homes but still install countertops with a natural appearance and favourable performance properties, such as:

  • 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 discolouration or colour change issues

  • wide variety of finishes, patterns, and colours available from manufacturers

  • easy-to-clean, hygienic surface

Single-Family Kitchen & Bathroom Remodeling Continues To Drive Countertops Market

Single-family kitchen and bathroom remodelling continues to drive market trends, with countertop replacement still one of the most popular home remodelling projects. Homeowners trade up from laminates and solid surfaces to more natural-looking (and expensive) materials such as engineered stone, porcelain slab, and butcher block countertops as an effective way to quickly change the appearance of their homes to align with new trends. The relative ease of countertop replacement - combined with wood shortages - provided a boost to the countertop market even during the COVID pandemic.

Key Topics Covered:

1. Executive Summary

2. COVID-19 Pandemic

  • Overview

  • Impact on the Economy

  • Impact on the Construction Industry

  • Impact on the Countertops Industry

3. Overview

  • Study Scope

  • Industry Flowchart

  • Historical Trends

  • Demand Overview (Square Feet & Market Value)

  • Materials Overview

  • Square Feet

  • Value

  • Markets Overview

  • Square Feet

  • Value

  • Areas of Installation (Rooms) Overview

  • Square Feet

  • Value

  • Pricing Trends

  • Foreign Trade

  • Supply & Demand

  • Tariffs

4. Factors Impacting Countertop Demand

  • Building Construction Outlook

  • Installation Costs

  • Sustainability Trends

  • Green Building Initiatives

  • Recycling & Recycled Content

  • Health Concerns

  • Product Quality Standards

5. Engineered Stone Countertops

  • Scope & Product Description

  • Markets

  • Areas of Installation

  • Pricing

  • Installation Costs

  • Foreign Trade

  • Market Share

6. Laminate Countertops

  • Scope & Product Description

  • Markets

  • Areas of Installation

  • Pricing

  • Installation Costs

  • Foreign Trade

  • Market Share

7. Natural Stone Countertops

  • Scope & Product Description

  • Material Types

  • Demand by Material

  • Granite

  • Marble

  • Other Natural Stone

  • Markets

  • Areas of Installation

  • Pricing

  • Installation Costs

  • Foreign Trade

  • Key Suppliers

8. Cast Polymer/Solid Surface Countertops

  • Scope & Product Description

  • Material Types

  • Demand by Surface Material

  • Solid Surface

  • Cultured Materials (Marble, Granite, Alabaster, Onyx)

  • Markets

  • Areas of Installation

  • Pricing

  • Installation Costs

  • Foreign Trade

  • Market Share

9. Tile Countertops

  • Scope & Product Description

  • Material Types

  • Demand by Type

  • Ceramic Tile

  • Porcelain Tile

  • Stone Tile

  • Metal & Glass Tile

  • Markets

  • Areas of Installation

  • Pricing

  • Installation Costs

  • Foreign Trade

  • Market Share & Key Suppliers

10. Small Volume Countertops

  • Porcelain Slab Countertops

  • Scope & Product Description

  • Markets & Areas of Installation

  • Key Suppliers

  • Metal Countertops

  • Scope & Product Description

  • Markets & Areas of Installation

  • Key Suppliers

  • Wood Countertops

  • Scope & Product Description

  • Markets & Areas of Installation

  • Key Suppliers

  • Concrete Countertops

  • Scope & Product Description

  • Markets & Areas of Installation

  • Key Suppliers

  • Recycled Material Countertops

  • Scope & Product Description

  • Markets & Areas of Installation

  • Key Suppliers

  • Other Countertops (Glass, Bamboo, Cork)

  • Scope & Product Description

  • Markets & Areas of Installation

  • Key Suppliers

11. Residential Countertop Markets

  • Market Scope

  • Materials Trends

  • Project Types

  • Demand by Project Type

  • New Construction

  • Remodeling

  • Housing Types

  • Demand by Housing Type

  • Single-Family Homes

  • Multifamily Housing

  • Manufactured Housing

  • Areas of Installation

  • Key Suppliers

12. Commercial Countertop Markets

  • Market Scope

  • Materials Trends

  • Project Types

  • Demand by Project Type

  • New Construction

  • Remodeling

  • Building Types

  • Demand by Building Type

  • Education & Healthcare Buildings

  • Office & Retail Buildings

  • Hotel & Lodging Buildings

  • Industrial & Other Commercial Buildings

  • Areas of Installation

  • Key Suppliers

13. Vehicle Markets

  • Market Scope

  • Materials Trends

  • Demand by Vehicle Type

  • Areas of Installation & Project Type

14. Kitchen Countertops

  • Scope & Product Description

  • Materials Trends

  • Markets

  • Demand by Market

  • Residential Buildings

  • Commercial Buildings

  • Vehicles

15. Bathroom Countertops

  • Scope & Product Description

  • Materials Trends

  • Markets

  • Demand by Market

  • Residential Buildings

  • Commercial Buildings

  • Vehicles

16. Other Areas of Installation

  • Scope & Product Description

  • Materials Trends

  • Markets

  • Demand by Market

  • Residential Buildings

  • Commercial Buildings

  • Vehicles

17. Key Suppliers & Competitive Factors

  • Key Findings & Industry Composition

  • Market Share

  • Mergers & Acquisitions

  • List of Industry Participants

18. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/ry479z

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900