Dublin, Feb. 16, 2023 (GLOBE NEWSWIRE) -- The "Granite, Marble and Stone: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Granite, Marble and Stone Market to Reach 26.2 Billion Metric Tons by 2027
In the changed post COVID-19 business landscape, the global market for Granite, Marble and Stone estimated at 18.7 Billion Metric Tons in the year 2020, is projected to reach a revised size of 26.2 Billion Metric Tons by 2027, growing at a CAGR of 4.9% over the analysis period 2020-2027.
The U.S. Market is Estimated at 5.1 Billion Metric Tons, While China is Forecast to Grow at 7.9% CAGR
The Granite, Marble and Stone market in the U.S. is estimated at 5.1 Billion Metric Tons in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of 5.5 Billion Metric Tons by the year 2027 trailing a CAGR of 7.9% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 3.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.
What's New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Granite, Marble and Stone: Vital Building Materials Available in Varied Colors, Textures and Structures
- Recent Market Activity
- Global Dimension Stone Industry
- China, Brazil, and India: Leading Producers of Granite
- Demand for Countertops Witnesses Steady Growth
- Global Market Outlook
- Asia-Pacific: The Dominant and the Fastest Growing Crushed Stone Market Worldwide
- Noteworthy Granite, Stone & Marble Trends Summarized
- Trends in Interior Design: Stone and Tile
- Trends in Interior Design: Marble
- Marble Cladding Trends
- Natural Stone Trends
- Granite, Marble and Stone - Global Key Competitors Percentage Market Share in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
MARKET TRENDS & DRIVERS
- Expanding Home Applications of Granite beyond the Kitchen Drives Healthy Market Growth
- Myriad Benefits of Natural Stone Drive Widespread Market Adoption
- Antolini Vacuum Process (AVP): Significantly Enhancing Stone's Attractiveness and Applicability
- Market Fortunes Intrinsically Tied to the Global Construction Industry
- Building Renovations & Remodeling: A Key Revenue Contributor
- Rising Investments in Infrastructure Projects Strengthens Market Prospects
- Rising Commercial Real Estate Investments Offer Positive Outlook for Granite, Marble and Stone
- Government Funding - Vital to Boost Aggregate Demand
- Growing Prominence of Green Granite, Marble and Stone Benefit Market Expansion
- Eco-Awareness & Sustainability Spur Innovations
- Rising Energy Consumption Propels Demand for Green Materials
- While Sand & Gravel Reserves Deplete, Crushed Stones Offer Promise
- Granite Transform in to a High-Volume Low Margin Business
- Growing Use of Granite in Major Projects
- With Rising Competition from New Materials, Companies Acquiring Quarries to Remain Relevant
- Imitation Tiles: A Force to Reckon With for the Stone Industry
- Localized Market Operations: The Result of High Cost of Land Transportation
- Population Growth & Urbanization Boosts Demand for Granite, Marble and Stone
- Environmental Issues of Aggregates Production & Usage
- Recycling of Construction & Demolition Waste to Reduce Environmental Desecration
- Environment Safety: A Major Challenge in Granite Production
FOCUS ON SELECT PLAYERS
- Ablegroup Berhad (Malaysia)
- Asian Granito India Limited (India)
- Benchmark Building Supplies Ltd. (UK)
- CaesarStone (USA)
- Cambria (USA)
- California Crafted Marble, Inc. (USA)
- Cosentino SA (Spain)
- Dakota Granite Company (USA)
- Dimpomar, Rochas Portuguesas, Lda (Portugal)
- Duracite, Inc. (USA)
- Fox Marble Holdings plc (UK)
- Granite Transformations (USA)
- Hellenic Granite Co. S.A. (Greece)
- Hilltop Granites (USA)
- Internacional De Ceramica SA DE CV (Mexico)
- Kangli Stone Group (China)
- Levatina y Asociados Minerals SA (Spain)
- LSR Group (Russia)
- Pokarna Limited (India)
- Mohawk Industries (USA)
- Daltile Corporation (USA)
- Marazzi Group S.p.A. (Italy)
- American Marazzi Tile, Inc. (USA)
- Temmer Marble (Turkey)
- Topalidis S.A. - Marble & Granite (Greece)
For more information about this report visit https://www.researchandmarkets.com/r/7azjcm
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