Global Quartz Surfaces Market Size is Growing at a CAGR of around 13.8% from 2023 to 2033
Category: Chemicals & MaterialsGlobal Quartz Surfaces Market Size is Growing at a CAGR of around 13.8% from 2023 to 2033
According to a research report published by Spherical Insights & Consulting, The Global Quartz Surfaces Market is anticipated to hold a significant share by 2033, growing at a CAGR of 13.8% from 2023 to 2033.
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Browse key industry insights spread across 268 pages with 114 Market data tables and figures & charts from the report on the "Global Quartz Surfaces Market Size, Share, and COVID-19 Impact Analysis, By Type (Crystal Collection, Jasper Collection), By Application (Residential, Commercial), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/quartz-surfaces-market
The quartz surfaces market includes the production, distribution, and consumption of engineered quartz surfaces, which are primarily natural quartz crystals, resin, and pigments. Such surfaces are used in a variety of applications, including countertops, floors, wall cladding, and bathroom surfaces. Quartz surfaces are highly durable, visually appealing, and require little maintenance. As an outcome of their multifunctionality, they are frequently used in both residential and commercial settings. Moreover, the growing desire for long-lasting, fashionable, and easy-to-maintain materials in modern interior design has increased the market demand for quartz surfaces. Furthermore, urbanization, combined with a growing preference for high-quality construction materials that last a long time, has contributed to its increased demand. Sustainable products, coupled with innovation in the production process of enhancing the strength of the surface, and designing, further add value to the business, and growth in the house renovation and re-modelling assists in boosting this market further. However, the market for quartz surfaces is limited by high production costs, raw material availability, and competition from alternative materials such as granite and marble. Furthermore, fluctuating raw material prices and specialized production procedures may impede market expansion.
The crystal collection segment held the largest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.
Based on the type, the quartz surfaces market is divided into crystal collection and jasper collection. Among these, the crystal collection segment held the largest share in 2023 and is expected to grow at a significant CAGR during the projected timeframe. This is because the crystal collection often gives a considerably wider selection of high-quality, visually beautiful surfaces with diverse colours and patterns, which are very appealing for both home and commercial needs.
The residential segment accounted for the biggest share in 2023 and is expected to grow at a remarkable CAGR during the projected timeframe.
Based on the application, the quartz surfaces market is divided into residential, and commercial. Among these, the residential segment accounted for the biggest share in 2023 and is expected to grow at a remarkable CAGR during the projected timeframe. This is due to increased consumer demand for home renovations, luxury interior design, and durable materials for kitchens, bathrooms, and countertops. Increased discretionary income and the urge to improve the appearance of a home increase the preference for quartz surfaces in residential applications at a higher rate than in commercial divisions.
Asia Pacific is anticipated to hold the largest share of the quartz surfaces market over the predicted timeframe.
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Asia Pacific is anticipated to hold the largest share of the quartz surfaces market over the predicted timeframe. This could be attributed to growing urbanization, increased construction activity, and higher discretionary incomes in nations such as China, India, and Japan. The demand for sophisticated, durable, and visually beautiful materials, such as quartz surfaces, is growing in both the residential and commercial sectors.
North America is expected to grow at the rapid CAGR of the quartz surfaces market during the forecast period. The increase is also attributable to high demand for house renovations, upscale interior designs, and environmentally friendly building materials. There is an increase in both residential and commercial projects in the United States and Canada as consumers gravitate toward more durable, low-maintenance products like quartz. The region's emphasis on high-quality, environmentally friendly items contributes to market growth.
Major vendors in the global quartz surfaces market are Caesarstone, Silestone (Cosentino Group), Dupont (Corian Quartz), LG Hausys, Samsung Radianz, Compac, Wilsonart, Granite and Marble Works, Cambria, Quartzforms, Stonemont Solutions, Emperor Quartz. and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In March 2024, Wilsonart launched a new line of quartz countertops that falls under the brand name, specifically targeted towards the high-end residential segment in North America. It is aimed at catering to the rising consumer trend of seeking exclusive and sturdier kitchen surfaces.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global quartz surfaces market based on the below-mentioned segments:
Global Quartz Surfaces Market, By Type
- Crystal Collection
- Jasper Collection
Global Quartz Surfaces Market, By Application
- Residential
- Commercial
Global Quartz Surfaces Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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