Press release
Natural Stone and Marble Market size is expected to rise from USD 51.76 billion in 2022 to USD 68.06 billion by 2029 at a CAGR of 4.0%
Natural Stone and Marble Market
Get a Sample PDF of the Natural Stone and Marble Market Analysis: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/104040
This Natural Stone and Marble market research report business, product managers, investors, and entrepreneurs with a comprehensive and exhaustive exploration of the market and its key elements. Seasonal patterns and market changes are investigated in the Natural Stone and Marble market research. The report describes the major external variables of the Natural Stone and Marble market. It assesses the current performance and profit growth of the market using analytics from 2023-2029. This Natural Stone and Marble research report provides a detailed analysis of the crucial factors affecting the growth of the industry.
List of Key Players Profiled in the Market Report for Natural Stone and Marble:
Companies covered in the natural stone and marble market are Polycor Inc. (Canada), Dimpomar (Portugal), Antolini Luigi & C. S.p.A. (Italy), Dermitzakis Bros S.A. (Greece), Levantina y Asociados de Minerales, S.A. (Spain), MARGRAF (Italy), RANAMAR (Turkey), Temmer Marble(Turkey), Southland Stone USA, Inc. (The United States), Xishi Stone Group (China), CUPA Group (Spain), Aro Granite Industries Ltd. (India), and others.
Drivers & Restraints:
Rising Demand for Natural Stones to Propel Market Growth
The market is anticipated to grow significantly during the forecast period due to increasing demand from the construction industry. Also, consumers are adopting natural stones to create decorative pieces for residential and commercial sectors. The rapid growth in population and increased earning capacity of consumers are anticipated to drive the market in the coming years.
However, increasing the adoption of artificial stones may hamper the market growth during the projected period.
Get a Quote: https://www.fortunebusinessinsights.com/enquiry/get-a-quote/104040
Regional Insights:
Asia Pacific Dominates the Market Share Due to Infrastructural Development
Due to increasing construction activities, Asia Pacific holds the highest global natural stone and marble market share during the forecast period. Also, developing infrastructure in emerging countries is expected to fuel market growth during the projected period. The regional market stood at USD 28.15 billion in 2021.
Europe is expected to grow at a fast pace during the forecast period, owing to increasing renovation activities. Also, strict environmental regulations on using natural building materials, including natural stone and marble are expected to drive the market.
Competitive Landscape:
Strategic Acquisition Allow Companies to Strengthen their Positions
Key market players focus on creating strategic alliances, acquisitions, collaborations, and partnerships. These strategies allow companies to expand their business reach and increase productivity and profitability. Also, new product development and innovation ideas will allow key players to enhance their product portfolio.
The main research methodology applied here by the research team is data triangulation, which includes data mining, analysis of the impact of data variables on the market, and primary (market experts) validation. This report helps to gather information about all the above factors by providing actionable market insights and comprehensive analysis. The Natural Stone and Marble market report mainly focuses on important aspects of the market which include historical data, current market trends, environment, technological innovations, upcoming technologies, and technological advancement in the market among others.
The report focuses on the world's largest and most significant market participants, including company profiles, product specifications, pricing, costs, and contact information. This statistical study illustrates the Market's growth prospects. It also sheds insight into the worldwide Market market segmentation. This study also includes information on geographical classification and its influence on worldwide Natural Stone and Marble Market demand. The size was large in the previous figure time frame, and it is expected to achieve much higher esteems in the present speculation time period 2022 to 2029. The CAGR rate is also predicted to fill in the present time period. The report's 130 Pages provide important facts about the market's state and are a great resource for businesses and direction for companies and individuals interested in the market.
Segments:
Granite Segment to Lead Market Due to Rising Demand
Based on product type, the market of natural stone and marble is segregated into granite, limestone, marble, sandstone, slate, and others. The granite segment is expected to lead the market during the forecast period due to its increasing demand in Asian countries. Also, the quality and durability parameters bolster segment growth.
Building & Construction Segment to Dominate Market Due to Wider Applications
On the basis of application, the market is categorized into building & construction, monumental, and others. The building and construction segment is anticipated to witness significant growth during the forecast period due to increasing construction activities in the commercial, residential, and industrial sectors.
Geographically, the market share is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Buy Exclusive Report- https://www.fortunebusinessinsights.com/checkout-page/104040
Report Coverage:
The report highlights complete information regarding market growth and development in recent years. Also, drivers and restraints affecting the market growth during the forecast period are given further in this report. Furthermore, the impact of COVID-19 pandemic on market expansion is discussed along with the key market players' business development strategies. Regional market insights and a list of prominent market players are highlighted further in this report.
Contact Us:
Fortune Business Insights Pvt. Ltd.
9th Floor, Icon Tower,
Baner - Mahalunge Road, Baner,
Pune-411045, Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Connect us via Social Media Channels:
LinkedIn Facebook Twitter Blogs
About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Natural Stone and Marble Market size is expected to rise from USD 51.76 billion in 2022 to USD 68.06 billion by 2029 at a CAGR of 4.0% here
News-ID: 2899479 • Views: …
More Releases from Fortune Business Insights
Future of Renewable Energy Market Insights: Growth Drivers, and Regional Develop …
Global Renewable Energy Market Overview
The global renewable energy market size was valued at USD 954 billion in 2023. The market is projected to grow from USD 1,020.94 billion in 2024 to USD 1,574.17 billion by 2032, exhibiting a CAGR of 5.56% during the forecast period. Asia Pacific dominated the renewable energy market with a market share of 67.76% in 2023. The Renewable energy market in the U.S. is projected to…
DC Drives Market Overview: Opportunities, Growth Drivers, and Key Applications
Market Overview
The global DC drives market size was valued at USD 4.34 billion in 2018 and is projected to reach USD 9.23 billion by 2032, exhibiting a CAGR of 5.59% during the forecast period of 2019-2032. Asia Pacific dominated the global market with a share of 28.8% in 2018. The DC drives market in the U.S. is projected to grow significantly, reaching an estimated value of USD 1.59 billion by…
Humanoid Robots Market: An In-depth B2B Analysis of Size, Share, and Future Grow …
Brief Market Overview:
The global humanoid robots market is rapidly transitioning from a nascent field into a major growth sector, with its value escalating from USD 2.43 billion in 2023 to a projected USD 66.0 billion by 2032, demonstrating a remarkable CAGR of 45.5%.
These complex machines, which merge mechanical, electrical, and software engineering, are moving beyond research labs into real-world applications across industrial, service, and household sectors. This explosive growth…
Methanol Market Poised for Remarkable Growth, set to Reach USD 46.32 billion by …
The global methanol market size was valued at USD 31.26 billion in 2023. It is projected to grow from USD 32.70 billion in 2024 to USD 46.32 billion by 2032, exhibiting a CAGR of 4.5% during the forecast period.
The global methanol market size is set to gain traction from the urgent need to lower environmental pollution caused by the surging usage of heavy fuels, such as diesel and gasoline. Pollution…
More Releases for Stone
Stone Renovation Service Market Insights: Impact on User Data Handling and Regul …
The Stone Renovation Service market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status with…
Onyx Stone Market Is Booming Worldwide | Eskandari Stone, Ashland, Xiamen Optimu …
Advance Market Analytics published a new research publication on "Onyx Stone Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Onyx Stone market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
Natural Stone Cladding Market Exceptional Business Performance | BOULDER CREEK S …
Report Ocean releases a new report about Global Natural Stone Cladding Market analysis and insights, which aims to provide deep insight into numerous factors that are vital to the growth of this industry.
The information presented in this report will chart trends in the market, analyst opinions and views, competitive landscapes, and key regions from a systematic perspective. A report on the Global Natural Stone Cladding Market provides an analysis of…
Marble and Granite Market 2021 Analysis by Key Players -Rashi Granite, Antolini, …
Latest update report on Marble and Granite Market Size, Share, Growth, Industry Trends and Forecast by 2028. This report is highly predictive as it holds the overall market analysis of the topmost companies into the Marble and Granite industry. With the classified Marble and Granite market research based on various growing regions, this report provides leading players portfolio along with sales, growth, market share and so on. The Market research…
Stone Paper Market May See a Big Move : Major Giants The Stone Paper, Shenzhen S …
Latest Report Available at Advance Market Analytics, “Stone Paper Market” provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth.
The global Stone Paper market focuses on encompassing major statistical evidence for the Stone Paper industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market. A comprehensive addition of several factors such…
Stone Veneer Market Is Likely to Experience a Tremendous Growth by 2025|Top Play …
Global Stone Veneer Market Growth 2018-2025, presented by Market Insights Reports will help you take informed decisions, know opportunities, plan new projects, plan effective business strategies, explore drivers and restraints and give you a vision on the industry forecast.
The report examines the market in detail along with focusing on significant market trends, revenue share, market segments, revenue estimates, and various regions across the globe for the key players operating…
