The bathroom worktops market is poised to grow to a valuation of US$ 84 billion in 2023 and is predicted to exhibit a compound annual growth rate (CAGR) of 5% from 2023 to 2033 and reach US$ 136.83 billion in 2033.
As stated in the most recent research from Future Market Insights, the bathroom worktops marketplace is projected to expand steadily over the projected timeframe. The general public's interest in residences and bathroom interiors is cruising the demand for bathroom vanities.
Worktops in bathrooms are also growing more popular because they add elegance to the environment and the substances employed for these worktops are water-resistant, avoiding the growth of mold and germs near the bathroom vanity and securing proper hygiene.
The growing consumer preference for eco-friendly items has driven up the requirement for innovative decorative items and products made from a variety of environmentally friendly resources that do not add value to the outbreak, like deforestation. The reason why rubberwood bathroom worktops are prominent.
Since it's resistant to mold, bacteria, and humidity, this rubberwood is perfect for bathroom worktops. The smooth surface of the rubberwood worktop gives the bathroom a classic appearance. Furthermore, this is cost-effective, effective. As a result, the popularity of natural bathroom vanity rises.
Besides that, many environmentalists use restroom worktops that are recycled products to decorate their bathrooms without negatively affecting the surroundings. Many professional participants, for instance, IceStone and Vetrazzo. Worktops are constructed from reused glass, vibrant chunks of glass, plaster, and other recyclable substances. This inspires other players to produce bathroom vanities using organic and eco-friendly substances to boost their profits.
In terms of material, because quartz and graphite are long-lasting and have outstanding tensile strength, there is a significant market requirement for quartz and graphite worktops. Restroom worktops made of these substances are available in a variety of color shades, allowing consumers to pick the worktops that meet their requirements most effectively. In addition, quartz worktops are simpler to set up in narrow spaces such as the bathroom than other materials. As a result, the quartz segment is expected to dominate the market over the next several decades.
During the forthcoming years, the industry is anticipated to be impacted by the rising rate of residential completion in the United States and Canada. Since customers love the correct type of worktop in their bathroom in new housing, participants have a chance to broaden their penetration in the US and Canada.
Besides, a rise in investment in redeveloping and remodeling existing restrooms economically developed fuels the consumption of bathroom worktops in the United States and Canada. People who simply want to remodel their home favor a bathroom countertop, which grants their old bathroom a different appearance at a low cost.
Furthermore, the increasing buying ability of consumers, as well as the marketing initiatives employed by the players, motivate consumers to purchase worktops from their company. This helps fuel the expansion of the bathroom countertop market in the United States and Canada.
The popularity of washroom worktops is expanding in European countries as the region's property ownership rises due to the region's elevated urbanization rate and population explosion. Besides that, the accessibility of long-lasting, aesthetically pleasing, and technologically sophisticated worktops has sparked the European market for bathroom worktops. Moreover, the growing influence of laminate countertops, ceramic, porcelain, or crystal tiles for bathroom worktops presents an ideal chance for participants to engage in the regional market.
| Data Points | Key Statistics |
|---|---|
| Expected Market Value (2023) | US$ 84 billion |
| Anticipated Forecast Value (2033) | US$ 136.83 billion |
| Projected Growth Rate (2023 to 2033) | 5% CAGR |
According to the latest research by Future Market Insights, the bathroom worktops market is set to witness steady growth with a CAGR of ~5% during the forecast period. The appeal of the home and bathroom décor among the general public is driving up the market for bathroom vanities.
Also, the usage of worktops in bathrooms is on the rise since they add beauty to space and the materials used in these worktops are water-resistant, preventing the spread of fungus and bacteria near the bathroom vanity and ensuring good hygiene.
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Evolving end-user inclination towards eco-friendly products has raised the demand for creative decoration products made with various sustainable raw materials which do not contribute towards the epidemic such as deforestation. And that is why the rubberwood bathroom worktops are in trend. Rubberwood worktops are made from the waste part of the Hevea Brasilienesis rubber tree.
This rubberwood is an ideal material for worktops in the bathroom as it is resistant to mold, fungi and moisture.
The surface of the rubberwood worktop is smooth which gives classic look to the bathroom. This material gives a natural appearance to a worktop in a yellowish-brown or pale cream colour. Also, this is economical in terms of price. Therefore, this raises the demand for natural bathroom vanity.
Furthermore, many conservationists use bathroom worktops made with recycled materials to decorate the bathroom without affecting the environment. For instance, many pro players like IceStone and Vetrazzo. Made worktops with recycled glass, bright chunks of glass, cement and other eco-friendly materials. This encourages other players to make bathroom vanity with natural and eco-friendly materials and generate more revenue.
The increasing demand for multifunctional bathrooms is expected to promote the increase in the sales of bathroom worktops made up of plywood, quartz, marble and granite. The worktop made up of marble is an evergreen material used in the bathroom which gives elegant look to the bathroom.
Majority of the people all around the globe prefer this marble material for a worktop in the bathroom.
Since quartz and graphite are durable and have good tensile strength, therefore, the demand for worktops made with quartz and graphite is also more in the market. Bathroom worktops made with these materials is available in different color shades which gives options to the customers to choose worktops according to their needs. Also, it is easy to install worktops made up of quartz in tight spaces like the bathroom as compared to others.
Furthermore, many people prefer plywood for a worktop in the bathroom because this plywood does not move with the moisture, temperature change and humidity as solid wood moves. Also, this plywood is more stable in the long run. These are some factors that fuel the sale of bathroom vanity on a material basis.
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The growing rate of house completion in the United States and Canada are expected to drive the market during the forecast period. Because in the new houses people prefer the best type of worktop in their bathroom, which open up an opportunity in front of players to expand their penetration in the USA and Canada.
Furthermore, the raised in the expenditure on the retrofitting and remodelling of the existing washroom in the developed economy fuels the demand for bathroom worktops in the USA and Canada. People who just want to renovate their house prefer a bathroom countertop, which gives beautiful look to their old bathroom at minimum cost.
Moreover, the growing purchasing power of the customers and the promotional strategies adopted by the players encourage customers to buy worktops from their brand. This bolsters the market growth of the bathroom countertop in the USA and Canada.
The demand for the washroom worktop is continuously growing in the European countries as the possessions of the houses is increasing in the region because of the high urbanization rate and growing population.
Furthermore, the availability of durable, aesthetic and advanced worktops has triggered the market of bathroom worktops in Europe. Also, the growing interest of the people towards the laminate countertops, ceramic, porcelain, or glass tiles for the worktop in the bathroom provide a good opportunity to the players to invest in the regional market.
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Some of the leading manufacturers and suppliers of bathroom vanity tops include
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Bathroom Worktops Market
