Marble Market to enjoy 'explosive growth' to 2025 | Levantina, Polycor, Indiana Limestone Company
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Marble is a metamorphic rock that forms when limestone is subjected to the heat and pressure of metamorphism. It is composed primarily of the mineral calcite (CaCO3) and usually contains other minerals such as: clay minerals, micas, quartz, pyrite, iron oxides and graphite.
The global marble market is worth over $50 Billion, according to our survey. The industry is highly fragmented in terms of products, end uses and suppliers, but its markets can broadly be categorized as construction and decoration, statuary and monuments, furniture and others. Until 2016, EU overall was the dominant producer and exporter of marble, but strong growth in emerging markets, especially in China, Pakistan and India, means that Asia is assuming dominance as a producing and exporting region. In 2016, the world production of marble reached 816 Million Sq.m. The world?s top ten natural marble producers include China, India, Iran, Turkey, Italy, Spain, Brazil, Egypt, Portugal and Greece.. Leading players in marble industry are Levantina, Polycor inc, Indiana Limestone Company, Vetter Stone, Topalidis S.A., Antolini, etc.
Marble is a highly-fragmented industry with a variety of manufacturers ranging from large multinational corporations to small privately owned companies. The top ten producers account for just c 3.76% of the market. Marble can be classified based on the color. Yellow marble is assumed to be the most prevalent kind of marble, considering the large stock of beige marble in Europe. The production of black marble, white marble and green marble are also considerable.
A key variable in the performance of marble producers is raw material costs, specifically the speed at which any increase can be passed through to customers. According to U.S. Geological Survey (USGS), stone resources of the world are sufficient to cater to foreseeable needs. Nevertheless, resources can be limited on a local level or occasionally on a regional level due to the lack of a particular type of stone. Marble resources are mainly located in Italy, China, Turkey, Philippines, France, Brazil, USA, India, Morocco, Austria, Russia, Japan, Portugal and Greece. Italy has abundant resources of high quality marble, positioning the nation as a key marble producer and exporter in the world. Turkey is located at the world?s richest natural stone Alps area. There are a mass of marble resources from Anatolia to the Thrace region. The materials of marble include marble blocks, to some companies, marble block can be satisfied with own production, while to others, marble blocks have to be purchased from other suppliers. The price of marble tile follow the marble block price, with a lag, and movements can inject volatility into producer margins. In general, most producers structure the majority of their contracts to include a ?pass through? clause that smooth the impact.
The largest consumption area of marble is Europe, which accounted for 29.05% of world marble consumption in 2016. The consumption of marble in USA, India and China are also considerable. The global marble production value will increase to 64 Billion USD in 2023, from 52 Billion USD in 2016. It is estimated that the global marble demand will develop with an average growth rate of around 3.01% in terms of revenue from 2106 to 2023.
Global Marble market size will increase to 66400 Million US$ by 2025, from 52000 Million US$ in 2018, at a CAGR of 3.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Marble.
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This report researches the worldwide Marble market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Marble breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Global Marble Research for a Leading company is an intelligent process of gathering and analyzing the numerical data related to services and products. This Research Give idea to aims at your targeted customer’s understanding, needs and wants. Also, reveals how effectively a company can meet their requirements. The market research collects data about the customers, marketing strategy, competitors. The Marble Manufacturing industry is becoming increasingly dynamic and innovative, with more number of private players entering the industry.
Important Features that are under offering & key highlights of the report:
1) Who are the Leading Key Company in Global Marble market space?
Following are list of players that are currently profiled in the report "Levantina, Polycor, Indiana Limestone Company, Vetter Stone, Topalidis, Antolini, Temmer Marble, Tekmar, Pakistan Onyx Marble, Dimpomar, Mumal Marbles, Can Simsekler Construction, Mármoles Marín, Aurangzeb Marble Industry, Etgran, Amso International, Universal Marble & Granite, Best Cheer Stone Group, Fujian Fengshan Stone Group, Xiamen Wanlistone Stock, Kangli Stone Group, Hongfa, Xishi Group, Jin Long Run Yu, Xinpengfei Industry, Jinbo Construction Group, Fujian Dongsheng Stone & Guanghui"
** List of companies mentioned may vary in the final report subject to Name Change / Merger etc.
2) What will the market size be in 2025 and what will the growth rate be?
In 2019, the Global Marble market size was xx million USD and it is expected to reach USD xx million by the end of 2025, with a CAGR of xx% during 2019-2025.
3) What are the Market Applications & Types:
The study is segmented by following Product Type: , White Marble, Black Marble, Yellow Marble, Red Marble & Green Marble and others
Major applications/end-users industry are: Construction and Decoration, Statuary and Monuments, Furniture & Others
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
To comprehend Global Marble market dynamics in the world mainly, the worldwide Marble market is analyzed across major regions. HTF MI also provides customized specific regional and country-level reports for the following areas.
• North America: United States, Canada, and Mexico.
• South & Central America: Argentina, Chile, and Brazil.
• Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
• Europe: UK, France, Italy, Germany, Spain, and Russia.
• Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.
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The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as Levantina, Polycor, Indiana Limestone Company, Vetter Stone, Topalidis, Antolini, Temmer Marble, Tekmar, Pakistan Onyx Marble, Dimpomar, Mumal Marbles, Can Simsekler Construction, Mármoles Marín, Aurangzeb Marble Industry, Etgran, Amso International, Universal Marble & Granite, Best Cheer Stone Group, Fujian Fengshan Stone Group, Xiamen Wanlistone Stock, Kangli Stone Group, Hongfa, Xishi Group, Jin Long Run Yu, Xinpengfei Industry, Jinbo Construction Group, Fujian Dongsheng Stone & Guanghui includes its basic information like legal name, website, headquarters, its market position, historical background and top 5 closest competitors by Market capitalization / revenue along with contact information. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc.
Research Parameter/ Research Methodology
The primary sources involves the industry experts from the Global Marble industry including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – industry experts such as CEOs, vice presidents, marketing director, technology & innovation directors, founders and related key executives from various key companies and organizations in the Global Marble in the industry have been interviewed to obtain and verify both qualitative and quantitative aspects of this research study.
In the Secondary research crucial information about the industries value chain, total pool of key players, and application areas. It also assisted in market segmentation according to industry trends to the bottom-most level, geographical markets and key developments from both market and technology oriented perspectives.
In this study, the years considered to estimate the market size of Global Marble are as follows:
History Year: 2013-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Key Stakeholders in Global Marble Market:
Global Marble Manufacturers
Global Marble Distributors/Traders/Wholesalers
Global Marble Subcomponent Manufacturers
**Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.
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