PUBLISHER: IMARC | PRODUCT CODE: 1521146
PUBLISHER: IMARC | PRODUCT CODE: 1521146
Natural Stone Market Report by Type, Construction Type, Distribution Channel, Application, and Region 2024-2032
The global natural stone market size reached US$ 39.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 54.0 Billion by 2032, exhibiting a growth rate (CAGR) of 3.6% during 2024-2032.
Natural stones refer to earth-mined or organic items used as decorative objects and construction materials. Marble, limestone, granite, slate, quartzite, sandstone, laterite and basalt are some of the commonly used natural stones. They are hand-selected pieces of stones that took millions of years to be formed by the combination of heat and pressure. Natural stones are widely used in flooring, wall cladding, countertops, backsplashes, sculptures, decorative items, roofing, bathtubs and swimming pools. They exhibit various properties, such as density, strength, color intensity, appearance, hardness, color blend, texture and structure. Natural stones are durable, environmental-friendly, easy to maintain, and cost-effective and are available in various textures, shapes, colors and sizes. As a result, they are widely used in the construction of residential, commercial, hospital and educational buildings.
Natural Stone Market Trends:
Significant growth in the construction industry across the globe is creating a positive outlook for the market. Natural stones, such as granite and marble, are widely used for flooring in porches, backyards, pavements, and patios to improve the aesthetic appeal. In line with this, the rising engineering, procurement and construction (EPC) projects in the infrastructure sector are favoring the market growth. Natural stones are commonly used in river walls, dams, bridge piers, tiles, slabs and pavements. Moreover, various product innovations, such as the development of natural stones with modern designs imprinted on them, are providing an impetus to the market growth. These stones can be acid-washed and sandblasted and are widely adopted due to the changing consumer preferences. Additionally, the increasing trend for home renovation and remodeling is positively impacting the market growth since natural stones help in modifying and enhancing aesthetics in residential and commercial complexes. Apart from this, rising expenditure capacities of consumers and the implementation of various government initiatives to promote infrastructural development are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global natural stone market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, construction type, distribution channel and application.
Breakup by Type:
Granite
Marble
Limestone
Others
Breakup by Construction Type:
New Construction
Renovation
Breakup by Distribution Channel:
Online
Offline
Breakup by Application:
Flooring
Memorial Arts
Wall Cladding
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ARO Granite Industries Ltd., Dermitzakis Bros S.A, Dimpomar, Levantina y Asociados de Minerales S.A., Margraf SPA, Mumal Marbles Pvt. Ltd., Polycor Inc., Ranamar Marble, Temmer Marble, Topalidis S.A. and Xishi Group Ltd.
Key Questions Answered in This Report
- 1. What was the size of the global natural stone market in 2023?
- 2. What is the expected growth rate of the global natural stone market during 2024-2032?
- 3. What has been the impact of COVID-19 on the global natural stone market?
- 4. What are the key factors driving the global natural stone market?
- 5. What is the breakup of the global natural stone market based on the type?
- 6. What is the breakup of the global natural stone market based on the application?
- 7. What are the key regions in the global natural stone market?
- 8. Who are the key players/companies in the global natural stone market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Natural Stone Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Granite
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Marble
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Limestone
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Others
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Construction Type
- 7.1 New Construction
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Renovation
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Distribution Channel
- 8.1 Online
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Offline
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Application
- 9.1 Flooring
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Memorial Arts
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Wall Cladding
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Others
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 ARO Granite Industries Ltd.
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.2 Dermitzakis Bros S.A
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.3 Dimpomar
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Levantina y Asociados de Minerales S.A.
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.5 Margraf SPA
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.6 Mumal Marbles Pvt. Ltd.
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.7 Polycor Inc.
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.8 Ranamar Marble
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.9 Temmer Marble
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 Topalidis S.A.
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.11 Xishi Group Ltd.
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.1 ARO Granite Industries Ltd.
List of Figures
- Figure 1: Global: Natural Stone Market: Major Drivers and Challenges
- Figure 2: Global: Natural Stone Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Natural Stone Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Natural Stone Market: Breakup by Type (in %), 2023
- Figure 5: Global: Natural Stone Market: Breakup by Construction Type (in %), 2023
- Figure 6: Global: Natural Stone Market: Breakup by Distribution Channel (in %), 2023
- Figure 7: Global: Natural Stone Market: Breakup by Application (in %), 2023
- Figure 8: Global: Natural Stone Market: Breakup by Region (in %), 2023
- Figure 9: Global: Natural Stone (Granite) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Natural Stone (Granite) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Natural Stone (Marble) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Natural Stone (Marble) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Natural Stone (Limestone) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Natural Stone (Limestone) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Natural Stone (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Natural Stone (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Natural Stone (New Construction) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Natural Stone (New Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Natural Stone (Renovation) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Natural Stone (Renovation) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Natural Stone (Online) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Natural Stone (Online) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Natural Stone (Offline) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Natural Stone (Offline) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Natural Stone (Flooring) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Natural Stone (Flooring) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Natural Stone (Memorial Arts) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Natural Stone (Memorial Arts) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Global: Natural Stone (Wall Cladding) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Global: Natural Stone (Wall Cladding) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Global: Natural Stone (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Global: Natural Stone (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: North America: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: North America: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: United States: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: United States: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Canada: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Canada: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Asia-Pacific: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Asia-Pacific: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: China: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: China: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Japan: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Japan: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: India: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: India: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: South Korea: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: South Korea: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Australia: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Australia: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Indonesia: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Indonesia: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Others: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Others: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Europe: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Europe: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Germany: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Germany: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: France: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: France: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: United Kingdom: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: United Kingdom: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Italy: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Italy: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Spain: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Spain: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Russia: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Russia: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Others: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Others: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Latin America: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Latin America: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Brazil: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Brazil: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Mexico: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: Mexico: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Others: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 78: Others: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Middle East and Africa: Natural Stone Market: Sales Value (in Million US$), 2018 & 2023
- Figure 80: Middle East and Africa: Natural Stone Market: Breakup by Country (in %), 2023
- Figure 81: Middle East and Africa: Natural Stone Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 82: Global: Natural Stone Industry: SWOT Analysis
- Figure 83: Global: Natural Stone Industry: Value Chain Analysis
- Figure 84: Global: Natural Stone Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Natural Stone Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Natural Stone Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: Natural Stone Market Forecast: Breakup by Construction Type (in Million US$), 2024-2032
- Table 4: Global: Natural Stone Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
- Table 5: Global: Natural Stone Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 6: Global: Natural Stone Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: Natural Stone Market: Competitive Structure
- Table 8: Global: Natural Stone Market: Key Players
