Granite Market is expected to reach US$ 24.89 billion by 2032 | Major Companies - Dakota Granite Company, Baker Marble Co. Inc., Cambria, Silestone

Market Size and Growth:

The Global Granite Market size reached US$ 20.16 billion in 2024 and is expected to reach US$ 24.89 billion by 2032, growing with a CAGR of 2.67% during the forecast period 2025-2032.

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The Granite Market refers to the global industry involved in the extraction, processing, and sale of granite, a durable natural stone used in construction, architecture, and decorative applications. It includes quarrying, cutting, polishing, and distribution of granite for flooring, countertops, monuments, and infrastructure projects, driven by urbanization, construction growth, and demand for aesthetically appealing, long-lasting building materials.

Recent Key Developments of United States:

✅ December 2025: Major U.S. granite producers announced sustainable quarrying initiatives amid rising demand from residential construction, focusing on reduced water usage and carbon emissions to meet federal green building standards. This shift supported a 5% uptick in domestic production for countertops and flooring. Industry reports highlighted expanded capacity in Georgia quarries to serve booming housing markets in the Southeast.

✅ November 2025: New trade policies under President Trump's administration eased import tariffs on select granite sources, boosting supply chains from allied nations and stabilizing prices after earlier inflationary pressures. Fabricators in Texas and California ramped up output for commercial projects, with polished granite slabs seeing heightened adoption in office renovations.

✅ October 2025: Technological advancements in automated cutting machinery were rolled out by leading U.S. firms, improving precision and yield rates by 15% for high-end architectural applications. This innovation catered to the surge in luxury hotel builds, particularly along coastal regions.

Recent Key Developments of Japan:

✅ December 2025: Japanese granite firms forecasted modest market recovery to 243K tons by 2035, driven by post-earthquake reconstruction in urban areas like Tokyo, emphasizing domestically processed slabs for durability. Consumption stabilized after a 14% drop earlier in 2024, with a focus on premium building stone.​

✅ November 2025: High-end construction projects in Kansai and Kanto regions spurred demand for eco-friendly granite slabs, supported by government incentives for sustainable materials in public infrastructure. Exports of precision-cut granite to Asia grew, leveraging advanced quarrying tech.​

✅ October 2025: Renovation trends in luxury residential sectors propelled granite use, with innovations in surface treatments aligning with Japan's strict aesthetic and environmental standards. The Kanto region's dominance in sales volume underscored steady growth projections through 2033.​

List of the Key Players in the Granite Market:

Dakota Granite Company
Baker Marble Co. Inc.
Cambria
Silestone
Ambica Enterprises
Caesarstone
LG Hi-Macs
HanStone Quartz
Pental Quartz
DuPont Zodiaq

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This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the Granite Market:

By Type: Granite Slabs, Granite Tiles, Crushed Granite, Granite Blocks, Others.

By Application: Kitchen Countertops, Flooring, Stair Treads, Monuments, Others.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Granite market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Granite Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Granite market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Granite Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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People Also Ask:

◆ How big is the Granite Market in 2025?
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