Press release
Natural Stone and Marble Market to Reach USD 76.61 Billion by 2030, Growing at a 4 Percentage CAGR
๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ญ๐จ๐ง๐ ๐๐ง๐ ๐๐๐ซ๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ size was valued at US$ 58.22 Bn. in 2023 and the total revenue is expected to grow at 4% through 2024 to 2030, reaching nearly US$ 76.61 Bn.๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ญ๐จ๐ง๐ ๐๐ง๐ ๐๐๐ซ๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The natural stone and marble market is experiencing steady growth, driven by increased demand in residential and commercial construction projects. The aesthetic appeal, durability, and versatility of these materials make them a preferred choice for flooring, countertops, and decorative applications. Additionally, advancements in stone extraction and processing technologies have enabled the production of high-quality products at competitive prices, further fueling market growth. As sustainable construction practices gain traction, natural stone and marble are increasingly being promoted as eco-friendly building materials.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/148185/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ญ๐จ๐ง๐ ๐๐ง๐ ๐๐๐ซ๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ:
Key drivers in the natural stone and marble market include rising urbanization, increasing disposable incomes, and the growing preference for luxurious interiors. The hospitality and tourism sectors also significantly contribute to demand, as hotels and resorts frequently incorporate natural stone in their designs to create elegant, high-end aesthetics. Furthermore, the introduction of innovative surface treatments and sealants has enhanced the durability and maintenance of these materials, making them suitable for various environments and expanding their application scope.
๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ญ๐จ๐ง๐ ๐๐ง๐ ๐๐๐ซ๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The market is witnessing a shift toward customized and unique designs, with consumers increasingly seeking bespoke solutions that reflect personal style. This trend has driven the adoption of advanced CNC machining and 3D printing technologies for intricate designs and patterns. Additionally, there is a growing emphasis on sustainability, with eco-friendly quarrying methods and recyclable materials gaining prominence. The rising popularity of textured and matte finishes, along with an increased focus on combining traditional craftsmanship with modern technology, is shaping the future of the natural stone and marble market.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/148185/
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ญ๐จ๐ง๐ ๐๐ง๐ ๐๐๐ซ๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ
๐๐ข๐๐ญ๐ง๐๐ฆ: ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ญ๐จ๐ง๐ ๐๐ง๐ ๐๐๐ซ๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ
Vietnam's natural stone and marble industry is experiencing rapid growth, driven by increased demand in residential and commercial projects. Recent investments by Vinaconex in eco-friendly quarrying practices have positioned the country as a leader in sustainable solutions. Additionally, partnerships with international players have bolstered exports, contributing significantly to the country's economic growth.
๐๐ก๐๐ข๐ฅ๐๐ง๐: ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐'๐ฌ ๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ญ๐จ๐ง๐ ๐๐๐๐ญ๐จ๐ซ
Thailand has seen substantial growth due to government-backed infrastructure projects and the hospitality sector's expansion. Companies like SCG Cement-Building Materials have focused on introducing high-quality marble variants catering to luxury hotels and resorts. A significant trend is the adoption of textured and matte finishes, reflecting the demand for unique aesthetics.
๐๐๐ฉ๐๐ง: ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ญ๐จ๐ง๐ ๐๐ง๐ ๐๐๐ซ๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ
Japan's market is influenced by its architectural emphasis on minimalist and functional designs. Recent advancements by TOTO Ltd. in durable stone coatings have gained traction among urban developers. Additionally, Japan's focus on environmental conservation has led to increased adoption of recycled materials in construction.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐'๐ฌ ๐๐๐ซ๐๐ฅ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
South Korea's marble market is consolidating, with major players like LG Hausys expanding their portfolios through strategic acquisitions. The government's push for smart city projects has further fueled demand, creating opportunities for innovative product applications in urban infrastructure.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐'๐ฌ ๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ญ๐จ๐ง๐ ๐๐๐ซ๐ค๐๐ญ
Singapore's luxury real estate boom has driven demand for high-end marble. Companies like Polybuilding (S) Pte Ltd. are investing in state-of-the-art facilities to cater to increasing customer preferences for bespoke solutions. Additionally, sustainable practices are gaining momentum, aligning with Singapore's green building policies.
๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ: ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐.๐. ๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ญ๐จ๐ง๐ ๐๐ง๐ ๐๐๐ซ๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ
The U.S. market is flourishing, supported by an uptick in residential remodeling projects. Leading players like Cosentino North America are introducing innovative designs to meet the demand for premium interiors. The trend of blending traditional aesthetics with modern functionality is shaping consumer preferences.
๐๐ฎ๐ซ๐จ๐ฉ๐: ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐'๐ฌ ๐๐ญ๐จ๐ง๐ ๐๐๐ซ๐ค๐๐ญ
Europe remains a hub for luxury stone products, with Italy and Spain leading the market. Companies like Levantina Group are enhancing production capacities through acquisitions and investments in advanced processing techniques. The region is also seeing a surge in demand for textured surfaces and bespoke patterns.
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ
โข Mergers and Acquisitions: The market is witnessing heightened activity in mergers and acquisitions to strengthen market positions, expand regional footprints, and enhance operational efficiency.
โข Technological Advancements: Innovative surface treatments and 3D printing technology are enabling unique, customized solutions.
โข Eco-Friendly Practices: Sustainable quarrying and recyclable materials are increasingly shaping industry practices.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ? ๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/148185/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ญ๐จ๐ง๐ ๐๐ง๐ ๐๐๐ซ๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ:
by Type
Granite
Limestone
Marble
Sandstone
Slate
Others by
Application
Building Construction
Monumental
Others
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ญ๐จ๐ง๐ ๐๐ง๐ ๐๐๐ซ๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
โข Aro Granite Industries Ltd. (India)
โข Dimpomar (Portugal)
โข Antolini Luigi and C. S.p.A. (Italy)
โข Dermitzakis Bros S.A. (Greece)
โข Levantina y Asociados de Minerales, S.A. (Spain)
โข MARGRAF (Italy)
โข RANAMAR (Turkey)
โข Polycor Inc. (Canada)
โข Temmer Marble (Turkey)
โข Southland Stone USA, Inc. (U.S.)
โข Xishi Stone Group (China)
โข CUPA Group (Spain)
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/natural-stone-and-marble-market/148185/
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐จ๐ซ๐: ๐๐ข๐ฌ๐ข๐ญ ๐๐ฎ๐ซ ๐๐๐๐ฌ๐ข๐ญ๐ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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