Engineered Quartz Stone (EQS) Market was valued at USD 7.5 Billion in 2022 and is projected to reach USD 12 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030.
Looking ahead, the EQS market is poised for robust expansion. Projections suggest that the market will reach USD 43.5 billion by 2033, growing at a CAGR of 13.5% from 2023 to 2033. Factors contributing to this growth include:
Rising consumer preference for premium aesthetics in residential kitchens and bathrooms.
Expansion of the construction sector, particularly in emerging economies.
Advancements in manufacturing technologies enhancing product quality and variety.
In my experience working with EQS products, I've observed a notable increase in their adoption for kitchen countertops and bathroom vanities. Clients often express appreciation for the material's resemblance to natural stone, combined with its superior performance characteristics. Additionally, the wide range of available colors and patterns allows for greater design flexibility, catering to diverse aesthetic preferences.
However, the market is not without challenges. The production of engineered quartz involves the use of resins, which can raise environmental concerns. Manufacturers are increasingly focusing on developing eco-friendly alternatives and sustainable production processes to address these issues.
In conclusion, the EQS market has demonstrated impressive growth from 2018 to 2022 and is expected to continue its upward trajectory through 2033. Stakeholders should remain cognizant of evolving consumer preferences and environmental considerations to capitalize on emerging opportunities in this dynamic market.
Get an In-Depth Research Analysis of the Global Engineered Quartz Stone (EQS) Market Size And Forecast [2025-2032]
The Engineered Quartz Stone (EQS) market has experienced significant growth from 2018 to 2022, with projections indicating continued expansion from 2023 to 2033. This article delves into the market's past performance and future outlook, providing valuable insights for industry stakeholders.
Between 2018 and 2022, the EQS market witnessed substantial growth, driven by increased demand in residential and commercial construction. The global engineered stone market size was valued at USD 23.42 billion in 2022, with a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. This growth was fueled by the material's durability, aesthetic appeal, and low maintenance requirements.
COSENTINO
Caesarstone
Hanwha L&C
Compac
Vicostone
Wilsonart
DowDuPont
LG Hausys
Cambria
Santa Margherita
Quartz Master
SEIEFFE
Quarella
Samsung Radianz
Technistone
Zhongxun
Sinostone
Bitto(Dongguan)
OVERLAND
UVIISTONE
Polystone
Ordan
Meyate
Gelandi
Blue Sea Quartz
Baoliya
Qianyun
Falat Sang Asia Co.
Belenco Quartz Surfaces
Prestige Group
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Engineered Quartz Stone (EQS) Market
Kitchen Countertops
Facades
Flooring
Based on Types the Market is categorized into Below types that held the largest Engineered Quartz Stone (EQS) market share In 2023.
Quartz Surface
Quartz Tile
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Engineered Quartz Stone (EQS) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Engineered Quartz Stone (EQS) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Engineered Quartz Stone (EQS) Market, By Type
6. Global Engineered Quartz Stone (EQS) Market, By Application
7. Global Engineered Quartz Stone (EQS) Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Engineered Quartz Stone (EQS) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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