Press release
Natural Stone and Marble Market to reach USD 73.67 Bn by 2029, emerging at a CAGR of 4 percent and forecast 2023-2029
Natural Stone and Marble Market
The report employs rigorous research methods, including data collection, analysis, and interpretation, to offer insights into market trends and opportunities. Key factors such as market dynamics, competition, and growth drivers are analyzed using techniques like PORTER and PESTEL analysis.
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Natural Stone and Marble Market Dynamics:
Rising Construction Industry and Urbanization: The global construction market is expected to grow by over 70% by 2029, with natural stones playing a significant role in enhancing the visual appeal of buildings.
Features of Natural Stone: Natural stone products are known for their durability, making them suitable for various applications, including stone wall claddings, which are gaining popularity among homeowners.
Competition from Ceramic Tiles: While natural stone demand is on the rise, ceramic tiles remain a formidable competitor due to their affordability and low maintenance requirements.
Natural Stone and Marble Market Regional Insights:
Asia Pacific: Dominates the market with a 54.38% share in 2021, driven by India and China's robust construction industries.
Europe: Holds a 20.3% share in 2021, with key players and large corporate complexes driving demand.
North America: Accounts for 13.6% of the market in 2021, with high usage of natural stone in monumental applications.
Middle East & Africa: Represents 7.8% of the market in 2021, primarily using marble for interior in high-rise buildings.
South America: Holds a 3.92% share in 2021 due to lower purchasing power.
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Natural Stone and Marble Market Segmentation:
by Type
• Granite
• Limestone
• Marble
• Sandstone
• Slate
• Others
by Application
• Building Construction
• Monumental
• Others
Natural Stone and Marble Market Key Players:
• Aro Granite Industries Ltd. (India)
• Dimpomar (Portugal)
• Antolini Luigi and C. S.p.A. (Italy)
• Dermitzakis Bros S.A. (Greece)
• Levantina y Asociados de Minerales, S.A. (Spain)
• MARGRAF (Italy)
• RANAMAR (Turkey)
• Polycor Inc. (Canada)
• Temmer Marble (Turkey)
• Southland Stone USA, Inc. (U.S.)
• Xishi Stone Group (China)
• CUPA Group (Spain)
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Table of content for the Natural Stone and Marble Market includes:
Global Natural Stone and Marble Market: Research Methodology
Global Natural Stone and Marble Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Natural Stone and Marble Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size and Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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