Global Natural Stone Market Forecast 2023-2032 - Size, Lucrative Segments And Leading Regions | Aro Granite Industries Ltd., Dimpomar, Dermitzakis Bros S A

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Natural Stone Global Market Report 2023 identifies The increase in the number of constructions projects as the major driver for the Natural Stone market's growth in the forecast period. The construction sector refers to the organizations that deal with creating, maintaining, and repairing infrastructures. Natural stones in construction projects provide permanent natural building materials than other natural building materials, used in flooring, roofing, masonry, paving roads, and as aggregates for concrete. Additionally, natural stones are highly preferred in heavy engineering such as bridges, harbor walls, sea-side walls, ballast for railways, the foundation works, and others due to their strength, durability, and weather-resistance properties.

The global natural stone market size will grow from $31.43 billion in 2022 to $33.57 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of natural stone is expected to grow to $41.91 billion in 2027 at a CAGR of 5.7%.

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Major competitors in the Natural Stone market are Aro Granite Industries Ltd., Dimpomar, Dermitzakis Bros S A, Levantina y Asociados de Minerales S A, MARGRAF Spa

A key trend in the Natural Stone market includes Technological advancement.

Major companies operating in the natural stones sector are focused on technological advancements to strengthen their position.

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The Natural Stone market is segmented -
•By Type: Marble, Granite, Limestone, Other Types
•By Construction Type: New Construction, Renovation
•By Distribution Channel: Online Channel, Offline Channel
•By Application: Flooring, Memorial Arts, Wall Cladding, Other Applications
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Natural Stone market.

The Business Research Company's "Global Natural Stone Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Natural Stone Market Include:
1. Executive Summary
2. Natural Stone Market Characteristics
3. Natural Stone Market Trends And Strategies
4. Natural Stone Market - Macro Economic Scenario
5. Natural Stone Market Size And Growth
........
26. Africa Natural Stone Market
27. Natural Stone Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Natural Stone Market
29. Natural Stone Market Future Outlook and Potential Analysis
30. Appendix

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