Natural Stone Market Growth with Industry Study, Detailed Analysis and Forecast 2030

The global natural stone market size was valued at $33.4 billion in 2020, and is projected to reach $50.5 billion by 2030, registering a CAGR of 4.0%. The granite segment generated nearly two-fifths of the natural stone market share in 2020. Natural stones are used for building purpose and construction of monuments. They have features such as superior aesthetic, hydraulic binding, and decorative properties. It plays a vital role in improving the visual appeal of commercial buildings and infrastructure through innovative steps and flooring solutions.

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Top Players:
The key players profiled in the report include Aro Granite Industries Ltd., Dimpomar, Dermitzakis Bros S.A., Levantina y Asociados de Minerales, S.A., MARGRAF, Mumal Marble, Polycor Inc., Temmer Marble, Topalidis, and Xishi Stone Group.

A rise in awareness toward outdoor entertainment area, especially among millennial, is anticipated to drive the growth of the global natural stone market in the coming years. Furthermore, rise in adoption of marble and granite for kitchen countertop is expected to gain traction in the recent years, due to their enhanced durability and hardness, which drive the growth of the global natural stone market. Growth in urbanization and rise in number of nuclear families, especially in developing nations, has created a significant need for natural stones for construction and flooring applications. In addition, factors such as growing urbanization and greater demand for flooring and architecture applications are expected to drive the global natural stone market growth.

The growth in new construction and renovation properties, leads to rise in demand for granites and marbles for interior decoration, thereby fueling the growth of the global natural stone market. For instance, the U.S. government spending on renovation activities increased by 7.9% from 2018 to 2020.

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Key Findings Of The Study
• The report provides an extensive analysis of the current and emerging global natural stone market trends and dynamics.
• By type, the granite segment dominated the market in 2020, and is projected to grow at a significant CAGR during the forecast period.
• Based on construction type, renovation was the fastest growing segment from 2021 to 2030.
• By application, the wall cladding segment registered highest growth in the global natural stone market in 2020.
• Region-wise, Asia-Pacific held the largest market share during the study period.
• The report provides an extensive analysis of the trends and emerging opportunities of the market.
• In depth, the global natural stone market analysis is conducted by constructing estimations for key segments between 2020 and 2030.

Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Natural Stone Market Size
2.2 Natural Stone Market Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Natural Stone Market Size by Manufacturers
3.2 Natural Stone Market Key Players Head office and Area Served
3.3 Key Players Natural Stone Market Product/Solution/Service
3.4 Date of Enter into Natural Stone
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Natural Stone Market Sales by Product
4.2 Global Natural Stone Market Revenue by Product
4.3 Natural Stone Market Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Natural Stone Market Breakdown Data by End User

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