Fabricators Share Optimism, Concerns in Poll
Today's solid surface fabricators, while generally optimistic about the future of their industry, are concerned about losing market share to competitive products, rising material prices and conflicts with distributors and manufacturers.
At the same time, they believe that the solid surface industry needs to do more advertising to educate consumers and specifiers about the benefits of solid surface, feel the installed price of the material will continue to rise and see their role in the industry continuing to strengthen.
Those are among the key results of a recent nationwide survey of more than 300 fabricators conducted by Kitchen & Bath Design News' sister trade magazine, SolidSurface.
Among the survey's other major findings:
- 86% of the respondents reported they are either optimistic or have a favorable outlook for the future of solid surface.
- Competitive products, such as natural stone, will have the
greatest impact on the solid surface market in the future,
according to 34% of the solid surface fabricators surveyed.
At the same time, the development of new markets for solid surface (22%), the creation of new solid surface products (16%) and the trend toward mergers and consolidation (14%) are also seen as important forces impacting the market, surveyed fabricators said.
- Competition from other products (30%) is viewed as the greatest single threat to solid surface. Other threats include the costs of overhead (22%), conflicts between members of the supply chain (20%) and changes in consumer attitudes and buying preferences (18%).
Editor's Note: A more thorough report on the results of the fabricator survey is being published in the September/October issue of SolidSurface magazine.