Quartz Sink Market Size, Share, Growth Analysis, By Type(Single-Bowl Quartz Sinks, and Double-Bowl Quartz Sinks), By Application(Residential and Commercial) - Industry Forecast 2024-2031

Global Quartz Sink Market size was valued at USD 1.09 Billion in 2022 and is poised to grow from USD 1.15 Billion in 2023 to USD 1.71 Billion by 2031, at a CAGR of 5.10% during the forecast period (2024-2031).

Growth in residential homes, hotels, restaurants, hospitals and other commercial buildings is driving the demand for quartz sinks. Furthermore, the rise in expenditure on home improvement services are some of the major factors driving the growth of the global market during the forecast period. The severe condition of closures and supply shortages have created an industry-wide epidemic. According to the National Kitchen and Bath Association (NKBA), the average impact of COVID-19 on performance is 7.4 on a scale of 1 to 10, with 1 being no impact and 10 being the most impact Nea. In addition, nearly 60% of NKBA members experienced supply chain disruptions, which include long lead times, slow product development and delayed shipping Quartz sinks market has significantly impacted epidemic structure. In recent years, the attitude of consumers towards buying a kitchen sink has changed and they are looking for a double kitchen sink when remodelling or buying a new home. Many customers want two sinks; One for cleaning and the other for food preparation. Two-cup sinks are usually picked up by customers who have a lot of counter space. Also, stainless steel or sinks made of granite or quartz composites are specially offered with benefits of easy cleaning and heat resistance offered by consumers. Furthermore, key players are adopting different strategies with innovative materials conducted to demonstrate the uniqueness of the products. Innovations and designs have emerged in the kitchen sink market introducing quartz sinks with a range of unique stylings and ethnic inspirations. installed quartz sinks. Partnered with GROHE, a prestigious German brand to offer quartz kitchen sinks. 

Also, laminated kitchen countertops can be a challenge for the kitchen sink market as it does not support installation of under mount sink Laminated countertops are made of MDF or particle board, they cannot hold the weight of the sink with the help of nuts, bolts and washers. Also, the bottom kitchen sink lacks a rim and border, increasing the chances of overflow. Thus, these challenges posed by kitchen sink basement are expected to hamper the growth of the market. However, the construction and construction sector are expected to slowly recover in the coming years. Global economic growth will be rapid but uneven, with many industries in the supply chain recovering rapidly and major companies operating in the kitchen sink market innovating. This is anticipated to boost the prospects for the global quartz sinks market.

US Quartz Sink Market is poised to grow at sustainable CAGR for the next forecast year.