2010 stone countertop market value of 26.7 billion
2022-12-08 12:07:15
The demand for kitchen countertops and bathroom countertops in China will increase by 7.3 percentage points year-on-year to 92,200,000 square meters, but surprisingly most of the materials that should have been developed are in a weak state.
According to the survey report, it is estimated that in 2010, the value of China's countertop market will reach 26.7 billion yuan (equivalent to 3.39 billion US dollars). The completion of new housing and the renovation of kitchens and bathrooms have stimulated an increase in the demand for materials. The expansion of the kitchen and the construction of more new bathrooms will further stimulate the development of the market.
The study pointed out that the most popular material in the Chinese market is a bit surprising and is a solid surface. In 2000, China's solid surface materials accounted for only 3% of newly installed home countertops, and by 2010, solid surface demand accounted for nearly half of the market share.
Stone bathroom countertops
With the decline in the price of stone, consumer acceptance of its durability, repairability, fascinating appearance and minimal care needs has made solid surfaces flourish.
The study pointed out that engineering stones that were introduced into the Chinese market in 2002 will also develop, albeit at a slower pace. The rapid decline in quartz prices makes it a good choice.
In terms of quantity, natural stone, the second largest market in 2010, will grow at a rate of less than 2% per year, and rolling materials will grow at a rate of less than 3% per year. The demand for tiles is flat, with 14 million square meters. The market share of all these materials will be occupied by more popular solid surfaces and engineering stone materials.
In China, most of the countertops are installed in new residential areas. In 2005, this market accounted for more than 70% of the market share. However, the demand for China's housing renovation market will continue to grow rapidly and will increase at a rate of over 10% per year. It is expected that it will exceed 30 million square meters in 2010.
According to the survey report, it is estimated that in 2010, the value of China's countertop market will reach 26.7 billion yuan (equivalent to 3.39 billion US dollars). The completion of new housing and the renovation of kitchens and bathrooms have stimulated an increase in the demand for materials. The expansion of the kitchen and the construction of more new bathrooms will further stimulate the development of the market.
The study pointed out that the most popular material in the Chinese market is a bit surprising and is a solid surface. In 2000, China's solid surface materials accounted for only 3% of newly installed home countertops, and by 2010, solid surface demand accounted for nearly half of the market share.
Stone bathroom countertops
With the decline in the price of stone, consumer acceptance of its durability, repairability, fascinating appearance and minimal care needs has made solid surfaces flourish.
The study pointed out that engineering stones that were introduced into the Chinese market in 2002 will also develop, albeit at a slower pace. The rapid decline in quartz prices makes it a good choice.
In terms of quantity, natural stone, the second largest market in 2010, will grow at a rate of less than 2% per year, and rolling materials will grow at a rate of less than 3% per year. The demand for tiles is flat, with 14 million square meters. The market share of all these materials will be occupied by more popular solid surfaces and engineering stone materials.
In China, most of the countertops are installed in new residential areas. In 2005, this market accounted for more than 70% of the market share. However, the demand for China's housing renovation market will continue to grow rapidly and will increase at a rate of over 10% per year. It is expected that it will exceed 30 million square meters in 2010.
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