Solid foundation: A rise in construction and spending on home improvements will drive growth

IBISWorld’s Industry Market Report on Countertop Manufacturing is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.


Market Share of Companies
Industry Statistics & Market Size
Annual Growth
Annual Growth

Industry Threats & Opportunities

  • The industry has benefited from a rise in residential construction and private spending on home improvements
  • Demand from restaurant and food service companies is on the rise
  • The housing market is expected to continue its resurgence

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    Industry Analysis & Industry Trends

    In the five years to 2016, the Countertop Manufacturing industry benefited from improving employment, rising disposable incomes and historically low interest rates, which spurred a rise in residential construction. Residential construction and private spending on home improvements largely drive industry demand, as countertops are commonly installed in new homes and during kitchen renovations. Additionally, an increase in mortgage refinances and bank lending made more credit available for the remodeling of existing homes, further boosting countertop replacement sales. Going forward, this upward trend will continue as industry sales are expected to continue growing due to a steady rise in residential construction and private spending on home improvements. A...

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    Industry Report - Industry SWOT Analysis Chapter

    Industry value added (IVA), which measures the industry's contribution to the overall economy, is forecast to grow at an annualized rate of 6.6% during the 10 years to 2021. Meanwhile, US GDP is projected to grow an annualized 2.0% during the same period. The large discrepancy between US GDP and IVA growth suggests the Countertop Manufacturing industry is still in its growth stage.

    However, demand for countertop manufacturing is highly cyclical and tied to fluctuations in residential construction activity. As a result, a substantial portion of the industry's positive value added figure is due to the housing market's strong revival in the past five years, as countertops are installed during the construction process.


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    Additional Insights for the Countertop Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Countertop Manufacturing Industry are

  • Guaranteed supply of key inputs
  • Ability to alter goods and services produced in favor of market conditions
  • Production of goods currently favored by the market
  • IBISWorld analysts also discuss how external factors such as Housing starts and Private spending on home improvements in the Countertop Manufacturing industry impact industry performance..

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    Industry Products

    What is the Countertop Manufacturing Industry?

    This industry primarily cuts, shapes and finishes countertops for kitchens and bathrooms. These countertops are made out of wood, stone (e.g. granite, marble, and limestone) plastic or metal. The industry does not include countertops constructed onsite by building contractors.

    Industry Products
    Wood kitchen countertops
    Wood bathroom vanity tops
    Stone countertops
    Industry Activities
    Manufacturing countertops and horizontal work surfaces for kitchens
    Manufacturing countertops for food preparation areas
    Manufacturing countertops for bathroom vanities

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Housing starts
  • Private spending on home improvements
  • Per capita disposable income
  • Trade-weighted index
  • Value of private nonresidential construction

  • Current Performance
  • Improving construction activity boosts industry revenue
  • Remodeling revival
  • Competitive landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Improving countertop demand
  • Consumer trends
  • Table: Countertop Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Countertop Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Home Builders
  • Apartment & Condominium Construction
  • Home Furnishing Wholesaling
  • Home Improvement Stores
  • Remodeling

  • Key Selling Industries
  • Iron & Steel Manufacturing
  • Plastic & Resin Manufacturing
  • Sand & Gravel Mining
  • Sawmills & Wood Production
  • Stone Mining

  • Products & Services
  • Wood kitchen countertops
  • Stone countertops
  • Wood bathroom vanity tops
  • Other
  • Chart: Countertop Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Home centers and other retailers
  • Wholesalers and distributors
  • Home builders
  • Chart: Major Market Segmentation for the Countertop Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Countertop Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Countertop Manufacturing Industry

  • Industry Globalization
    Major Companies
    Masco Corp.
  • Table: Masco Corp. - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Countertop Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Countertop Manufacturing Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Housing Starts (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Engineered Stone
  • A composite material, used in countertops, consisting of crushed stone bound together by polymer resins.
  • Laminate
  • High pressure or plastic laminates, more commonly called Formica, is a popular and affordable countertop surface material.
  • Polymer Resin
  • A clear liquid commonly used as furniture and countertop sealants, that once hardened, creates a durable sealant.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Countertop Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Countertop Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Countertop Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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