Title: Stone Market - Forecast(2022 - 2027)
1Stone Market - Forecast(2022 - 2027)Market
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report (2022 -
2027)
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- Stone Market is forecast to reach 33.28 billion
by 2025, after growing at a CAGR of 3.55 during
2020-2025. - The Stone is expected to grow at a significant
rate due to its utilization in residential and
commercial flooring and wall cladding, owing to
its durability, hardness, and aesthetic
appearance. - Natural stone is a mineral obtained in the
mountains, consisting of quartzite, slate,
calcareous, sandstone, marble, granite and others.
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Key Takeaways
- Asia Pacific dominates the Stone market owing to
increase in infrastructural development. - The growing individuals disposable income and
increasing awareness of attractive outdoor
designs have shifted the inclination among
residential end users, especially in urban areas,
towards home remodeling.
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- By Distribution Channel- Segment Analysis
- Asia Pacific dominated the Stone market with a
share of more than 34, followed by North America
and Europe. - The growth of stone market in Asia Pacific is
anticipated to grow due to rising infrastructure
activity in the region. - Residential and non-residential construction
will outpace overall economic growth in most
Asian economies.
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- Stone Market OutlookÂ
- Aro Granite Industries Ltd
- Dimpomar
- Dermitzakis Bros S.A.
- Levantina y Asociados de Minerales,S.A.
- MARGRAF
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eport/18789/stone-market
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- Data Tables
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