Press release
Quartz Stone Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
We've updated all our reports with current data on tariff changes, trade developments, and supply chain shifts affecting key industries.What Is the Expected Quartz Stone Market Size During the Forecast Period?
The quartz stone industry has seen substantial growth in recent years. The market size is set to increase from $12.95 billion in 2024 to $14.19 billion in 2025, reflecting a compound annual growth rate (CAGR) of 9.6%. Factors that contributed to this surge during the historic period include the heightened demand for eye-catching quartz surfaces in design, resilience in areas with high foot traffic, relatively easier maintenance than other materials, a wide range of applications across various sectors, steady supply of key raw materials, and an international construction upswing that's accelerating demand for such materials.Expectations indicate a substantial expansion in the quartz stone market size in the forthcoming years. The size is projected to escalate, reaching $20.21 billion in 2029, with a compound annual growth rate (CAGR) of 9.2%. This growth during the forecasted period can be ascribed to several factors such as the emphasis on eco-friendly construction materials, escalations in demand for opulent spaces, current architectural tendencies, efficient building practices, advancements in composite technology, and the expanding construction sectors in emergent markets. The primary trends observed for the prediction period include the integration of smart technology, custom quartz design predilections, biophilic design influence, use of quartz in commercial spaces, innovations in production processes, and the emergence of recycled quartz.
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What Are the High-Growth Segments in the Quartz Stone Market?
The quartz stone market covered in this report is segmented -
1) By Type: Quartz Surface, Quartz Tile, Other Types
2) By Distribution Channel: Direct Sales, Retail Sales, Online Platforms
3) By Application: Residential, Commercial
Subsegments:
1) By Quartz Surface: Engineered Quartz Surface, Solid Surface Quartz, Quartz Countertops
2) By Quartz Tile: Polished Quartz Tile, Honed Quartz Tile, Textured Quartz Tile
3) By Other Types: Quartz Slabs, Quartz Aggregate, Quartz Blanks
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What Key Drivers Are Expected to Influence Future Quartz Stone Market Growth?
The quartz stone market is experiencing growth, primarily propelled by an increasing necessity in the construction sector. The escalating growth of the construction industry can be attributed to swift urbanization, population expansion, advancements in infrastructure, the advent of new construction techniques, surging requirement for environment-friendly and energy-efficient structures, along with heightening government funding across residential, commercial and industrial project worldwide. The usage of quartz stone bolsters the construction sector by providing sturdy, visually diverse, and effortless to maintain materials perfect for countertops, flooring, and wall cladding which meets the contemporary design and functionality needs. For example, the US Census Bureau, an agency of the United States government, reported in July 2024, the construction operations' value had increased from $2.01 trillion in May 2023 to $2.14 trillion in May 2024. Consequently, the escalating requirement from the construction industry is fueling the expansion of the quartz stone market.
Which Companies Hold the Largest Share Across Different Quartz Stone Market Segments?
Major companies operating in the quartz stone market are Hyundai L&C, DuPont de Nemours Inc., LX Hausys, MSI Surfaces Inc., Cosentino Group, Wilsonart LLC, Caesarstone Ltd., Levantina Group, Yunfu Wayon Stone Co. Ltd., Blanco GmbH + Co KG, Quarella S.p.A., Compac The Surfaces Company, HanStone Quartz, Belenco Quartz Surfaces, Prestige Group, American Quartz, SMG Overseas Stones LLP, TOTEM Quartz, Uviistone Quartz Building Material Co. Ltd., Bitto Industry Dongguan Co. Ltd.
What Trends Are Driving Growth in The Quartz Stone Market?
Principal companies in the quartz stone sector are centering their efforts on the creation of unique products like silica-free quartz countertops. This initiative aims to address safety and health concerns, strengthen durability, and adjust to shifting industry requirements and consumer tastes. Engineered without silica, silica-free quartz surfaces present the same aesthetic charm and resilience as conventional quartz, lessening health hazards linked to silica dust. For example, in September 2024, Aurea Stone, a Belgian entity known for its proficiency in engineered construction materials, announced its latest Exo line of silica-free quartz countertops, marking a significant milestone in the engineered stone industry. The launch underscores the company's commitment to sustainability and health by excluding crystalline silica from its merchandise. The Exo range utilizes innovative Phi 4R+ Technology, offering remarkable performance and visual attractiveness, while also incorporating recycled materials.
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What Are the Emerging Geographies for The Quartz Stone Market Growth?
North America was the largest region in the quartz stone market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the quartz stone market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Quartz Stone Market?
2. What is the CAGR expected in the Quartz Stone Market?
3. What Are the Key Innovations Transforming the Quartz Stone Industry?
4. Which Region Is Leading the Quartz Stone Market?
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