Increased Demand for Luxury Kitchen Worktops
Throughout the last 5 years, there have been key indicators towards an increased demand for luxury kitchen worktops. From property owners investing in RMI to acquiring more luxurious materials, Barbour ABI covers it all in our latest Residential Kitchen and Bathroom Worktops Market Report 2023-2027.
Between kitchens and bathrooms, kitchen worktop demand accounts for approximately 95% while the remaining 5% makes up the bathroom worktop market.
The kitchen furniture industry adapted to pandemic and post pandemic conditions fairly quickly. The rise in DIY projects during this time prevented the kitchen and bathroom worktop market from experiencing a significant decline, keeping the decrease limited to just 5% in 2020. After this decline, the market saw strong growth throughout 2021 and 2022.
Luxury Kitchen Worktop Material
In terms of materials, laminate remains the most common worktop for both bathrooms and kitchens, accounting for 45% of kitchen value and 60% of bathroom value. However, laminate is gradually losing share to more luxury materials such as quartz.
The kitchen worktop market now offers a variety of different materials, colours, and finishes thanks to the increasingly mature stage of the UK kitchen furniture market.
Contrary to this, the UK bathroom furniture and worktop market is at a relatively early stage of its lifecycle and is expected to remain a niche sector.
It is unlikely the housebuilding industry will move towards larger bathroom sizes, due to an increasing number of single households, ageing population, and the need for affordable homes. However, larger properties will always drive additional demand.
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