U.S. countertop demand study

[countert...@gmail.com]

U.S. countertop demand study

Demand for residential and kitchen bathroom countertops is forecast to
increase 1.3 percent annually to 540 million square feet in 2011,
according to the Residential Kitchen & Bathroom Countertops study from
the Freedonia Group Inc.

In value terms, demand for countertops is expected to advance 2.4
percent per year to $14.3 billion in 2011. However, fierce competition
among material suppliers and countertop fabricators will exert
downward pricing pressure over the next decade.

Countertops made from engineered and natural stone will experience the
strongest gains through 2011. Demand for natural stone will be aided
by consumer interest in high-end, luxury materials; however, as these
materials go down in price, middle-income consumers will boost demand.
Laminate countertops will continue to account for the largest share of
sales, but growth will be constrained by the rise in popularity of
natural and engineered stone surfaces.

Read more countertop articles: http://countertopbusiness.com