Market Size of North America Countertop Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 35.32 Billion |
Market Size (2029) | USD 40.54 Billion |
CAGR (2024 - 2029) | 2.79 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
North America Countertop Market Analysis
The North America Countertop Market size is estimated at USD 35.32 billion in 2024, and is expected to reach USD 40.54 billion by 2029, growing at a CAGR of 2.79% during the forecast period (2024-2029).
- The demand for countertops in North America is witnessing strong growth, majorly due to the increasing importance of utility spaces in the construction industry. Unlike in developing countries, countertops are already widely used in kitchens and bathrooms in developed markets, such as North America.
- Countries, such as the United States and Canada, are witnessing increased construction activity and growth in housing completions, which will further fuel the demand for countertop products as there is a growing consumer preference for spacious kitchens and multiple bathrooms that require more countertop area.
- Increased spending on improvement and repair of existing structures. and shift in the product mix from laminates to higher-priced alternative materials are also fueling the market growth. Some of the preferred countertop materials are solid surface, granite, and quartz, and the demand for these is increasing as the home remodeling and new home construction ramps up. Laminates are also a popular countertop category particularly for the budget-conscious consumers, due to their favorable performance at reasonable prices.
North America Countertop Industry Segmentation
This report aims to provide a detailed analysis of the North American countertops market. It focuses on the market dynamics, emerging trends in the segments and regional markets, and insights on various product and application types. Also, it analyzes the key players and the competitive landscape in the North American countertops market.
By Material | |
Granite | |
Solid Surface | |
Laminate | |
Marble | |
Quartz Surfaces | |
Other Materials |
By End User | |
Residential | |
Commercial |
By Type | |
Kitchen | |
Bathroom | |
Other Types |
By Country | |
United States | |
Canada | |
Mexico | |
Rest of North America |
North America Countertop Market Size Summary
The North America countertop market is experiencing robust growth, driven by the increasing significance of utility spaces within the construction sector. In contrast to developing regions, countertops are already a staple in kitchens and bathrooms across developed markets like North America. The United States and Canada are seeing a surge in construction activities and housing completions, which is boosting the demand for countertops. This demand is further fueled by a consumer shift towards more spacious kitchens and multiple bathrooms, necessitating larger countertop areas. The market is also witnessing a transition from laminates to more expensive alternative materials such as solid surface, granite, and quartz, as home remodeling and new constructions gain momentum. While laminates remain popular among budget-conscious consumers due to their cost-effectiveness and low maintenance, the preference for natural-looking and aesthetically pleasing materials is on the rise.
The kitchen segment dominates the countertop demand in the region, supported by a thriving residential market. Countries like the United States, Canada, and Mexico are experiencing strong growth in kitchen countertop demand, driven by a growing interest in expansive kitchens and regular kitchen remodels. The recovery of the US building and construction sectors, particularly in single-family housing, is enhancing consumer preferences for multiple bathrooms and modular kitchen spaces, thereby increasing countertop consumption. The ongoing residential activity in the US, including both multi-family and single-family housing completions, is expected to further stimulate market demand. The market is characterized by fragmentation, with key players such as Masco Corporation, Cambria Quartz, Caesarstone, and Precision Countertops competing by expanding and diversifying their product offerings.
North America Countertop Market Size - Table of Contents
-
1. MARKET INSIGHTS
-
1.1 Insights on Environmental and Regulatory Factors for the Industry
-
1.2 Insights on Consumer Buying Preferences for Countertop Products
-
1.3 Insights on Applications of Countertops
-
1.4 Insights on Technological Innovations in the Industry
-
-
2. MARKET SEGMENTATION
-
2.1 By Material
-
2.1.1 Granite
-
2.1.2 Solid Surface
-
2.1.3 Laminate
-
2.1.4 Marble
-
2.1.5 Quartz Surfaces
-
2.1.6 Other Materials
-
-
2.2 By End User
-
2.2.1 Residential
-
2.2.2 Commercial
-
-
2.3 By Type
-
2.3.1 Kitchen
-
2.3.2 Bathroom
-
2.3.3 Other Types
-
-
2.4 By Country
-
2.4.1 United States
-
2.4.2 Canada
-
2.4.3 Mexico
-
2.4.4 Rest of North America
-
-
North America Countertop Market Size FAQs
How big is the North America Countertop Market?
The North America Countertop Market size is expected to reach USD 35.32 billion in 2024 and grow at a CAGR of 2.79% to reach USD 40.54 billion by 2029.
What is the current North America Countertop Market size?
In 2024, the North America Countertop Market size is expected to reach USD 35.32 billion.