Granite, Marble and Stone Market Report: Trends, Forecast and Competitive Analysis to 2030

Granite, Marble and Stone Market Report: Trends, Forecast and Competitive Analysis to 2030

Granite, Marble and Stone Trends and Forecast

The future of the global granite, marble and stone market looks promising with opportunities in the building and construction, and monumental markets. The global granite, marble and stone market is expected to reach an estimated $72.3 billion by 2030 with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are increasing home applications of granite beyond the kitchen, rising demand for natural stone in cladding, flooring, and countertops, rapid urbanization, and growth of high-rise buildings and commercial complexes.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Granite, Marble and Stone by Segment

The study includes a forecast for the global granite, marble and stone by type, application, and region.

Granite, Marble and Stone Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Granite
• Limestone
• Marble
• Sandstone
• Slate
• Others

Granite, Marble and Stone Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Building and Construction
• Monumental

Granite, Marble and Stone Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Granite, Marble and Stone Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies granite, marble and stone companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the granite, marble and stone companies profiled in this report include-

• Levantina
• Alacakaya
• Dermitzakis
• Antolini
• Carrara
• Etgran
• Mumal Marbles
• SMG
• Pokarna
• Amso International

Granite, Marble and Stone Market Insights

Lucintel forecasts that granite will remain largest segment over the forecast period due to its excellent durability and its growing adaption for construction usages, such as kitchen countertops, exterior wall claddings, and bathroom tiles.

Within this market, building and construction will remain the larger segment due to growing demand from heavy engineering projects, such as breakwaters, bridge piers, and other structures use fine-grained granite.

APAC will remain the largest region over the forecast period due to presence of leading manufacturers of natural stones in China and India and growth of construction activities in the region.

Features of the Global Granite, Marble and Stone Market

Market Size Estimates: Granite, marble and stone market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Granite, marble and stone market size by type, application, and region in terms of value ($B).

Regional Analysis: Granite, marble and stone market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the granite, marble and stone market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the granite, marble and stone market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the granite, marble and stone market size?

Answer: The global granite, marble and stone market is expected to reach an estimated $72.3 billion by 2030.

Q2. What is the growth forecast for granite, marble and stone market?

Answer: The global granite, marble and stone market is expected to grow with a CAGR of 4.6% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the granite, marble and stone market?

Answer: The major drivers for this market are increasing home applications of granite beyond the kitchen, rising demand for natural stone in cladding, flooring, and countertops, rapid urbanization, and growth of high-rise buildings and commercial complexes.

Q4. What are the major segments for granite, marble and stone market?

Answer: The future of the granite, marble and stone market looks promising with opportunities in the building and construction, and monumental markets.

Q5. Who are the key granite, marble and stone market companies?

Answer: Some of the key granite, marble and stone companies are as follows:

• Levantina
• Alacakaya
• Dermitzakis
• Antolini
• Carrara
• Etgran
• Mumal Marbles
• SMG
• Pokarna
• Amso International

Q6. Which granite, marble and stone market segment will be the largest in future?

Answer: Lucintel forecasts that granite will remain largest segment over the forecast period due to its excellent durability and its growing adaption for construction usages, such as kitchen countertops, exterior wall claddings, and bathroom tiles.

Q7. In granite, marble and stone market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to presence of leading manufacturers of natural stones in China and India and growth of construction activities in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the granite, marble and stone market by type (granite, limestone, marble, sandstone, slate, and others), application (building and construction and monumental), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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