CLEVELAND, Ohio
,
June 19, 2023
(press release)
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Global demand for engineered stone countertops is projected to advance 9.3% per year to 128 million square meters in 2027. Engineered stone has rapidly increased its share of the global countertop market over the past decade – rising from 7% of sales in 2012 to 14% in 2022 – and has become the most popular countertop material in the large US market due to its aesthetics, durability and ease of maintenance when compared to natural stone. Strong sales increases and increasing market share will continue due to:
In 2022, North America accounted for the largest share, or 35%, of global engineered stone countertop demand. The Asia/Pacific region was the second largest regional outlet for engineered stone countertops, accounting for 26% of global sales.
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