From Earth to Elegance: Unveiling Trends and Dynamics in the Global Marble Market 2024-2030


Posted February 6, 2024 by Pujammr

Dolomite and calcite, which make up the majority of the recrystallized carbonate minerals in marble, are metamorphic rocks.

 
Marble Market Report Overview:

Maximise Market Research has published research to help clients understand the landscape of the Marble Industry in which they compete. The research provides market insights to help businesses estimate future demand for their product and the competitiveness of Marble. The Marble market overview provides detailed information on the market’s size, trade data, key players, and several market metrics such as life cycle, trends, and so on.

Dolomite and calcite, which make up the majority of the recrystallized carbonate minerals in marble, are metamorphic rocks. Because it typically comes in colors like white, yellow, red, black, and others, it can be used in decorative applications. Marble is typically utilized in sculptures and is inferred to be metamorphosed limestone by geology, constructing applications, etc. Marble is being more widely used in the building industry for bathroom applications, flooring, and kitchen counters.

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Marble Market Report Scope and Research Methodology:

The Marble market research examines the significance of categories and regional markets based on criteria such as market size and growth rate. The study provides a complete review of all segments and areas. The Marble market study includes a detailed analysis of anticipated data, important advancements, and revenue. It also includes a full evaluation of the key tactics used by leading market players to accelerate global business growth while maintaining a competitive advantage. The Marble market study evaluates production, consumption, revenue, market share, and growth rates in the following regions: North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. SWOT analysis can help you understand the Marble market’s strengths and weaknesses.

Research Methodology:

To evaluate and forecast the Marble Market, MMR first gathered data on the revenues of the leading competitors. Vendor products are evaluated using the following factors to segment the market: by colour (white, black, yellow, red, and others). Product (Tiles, Slabs, Blocks) Applications include building and decoration, statues and monuments, furniture, and others. Later, in-depth interviews with key individuals, including CEOs, VPs, directors, and executives, were conducted to validate these divisions through primary research.

Industry Dynamics:

It is critical to gain market approval before proposing items in India. Marble powder improves the physical properties of masonry blocks. The rough polished and tumbled stone surfaces that are increasingly fashionable in interior design are driving up demand for marble. However, many people mistake marble for granite. As a result, marble manufacturers are becoming increasingly aware that, whereas granite has a rough appearance, marble contains veins. The ability of marble to absorb more moisture is another advantage.
Manufacturers are increasing production capacity in order to diversify their marble inventory with new colours, patterns, and designs. Manufacturers can adapt their pricing based on different marble designs, providing them a cost edge.

Marble Industry Analysis and Progression:

Marble Market size was valued at USD 19.51 Bn. in 2022 and the total Marble Market revenue is expected to grow at 5.5 % from 2023 to 2029, reaching nearly USD 28.39 Bn.

Marble Market Classifications

by Color
White
Black
Yellow
Red
Others

Based on colour, the White category is predicted to increase at the fastest CAGR throughout the projection period. White marble represents purity and calm. Architects typically employ white marble as flooring or wall coverings to widen and brighten spaces. White also has the advantage of being timeless and always fashionable. White marble is most commonly used for kitchen countertops, kitchen islands, kitchen backsplashes, bathroom floors, tub and shower surrounds, wall caps and half-walls, entryway flooring and fireplace surrounds.

by Product
Tiles Slabs
Blocks

Based on product, the Tiles Slabs sector is predicted to increase at the fastest CAGR throughout the projection period. Table tops, staircases in kitchens or living rooms, custom countertops, and indoor flooring are the most common applications for statuary marble slabs. Statuary marble slabs resist stains and scratches, but they are more expensive than other types of marble slabs, which is a disadvantage. The block segment is predicted to grow at a similar rate as tile slabs. Marble blocks are used in a variety of applications, including stair treads, floor tiles, face stones, gravestones, window sills, ashlars, sculptures, benches, and paving stones.

by Application
Building and Decoration
Statues and Monuments
Furniture

Based on application, the Building and Decoration segment is predicted to increase at the fastest CAGR over the forecast period. Marble is commonly used in the architecture and construction industries for structural and decorative purposes, including as outdoor sculptures, walls, veneers, floors, ornamental features, stairways, and paths. Marble is utilised in a variety of applications, including novelty products, indoor and exterior paving, fireplace facings and hearths, and wall cladding.

Different types of marble are commonly used for flooring and vertical wall covering in both indoor and outdoor environments. With funeral art accounting for the vast bulk of their applications, their employment in masonry, statues, epitaphs, cemeteries, and so on is somewhat less common. Marble is commonly used for walls, veneers, floors, ornamental elements, and outdoor sculptures.

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Marble Market Key Players:

1. Levantina Asociados de Minerales, S.A.
2. Temmer Marble
3. Tekma
4. Pakistan Onyx Marble
5. Dimpomar
6. Mumal Marbles
7. Can Simsekler Construction
8. Mármoles Marín S.A.
9. Aurangzeb Marble Industry
10. Etgran
11. Amso International
12. Universal Mrble & Granite
13. Best Cheer Stone Group
14. Fujian Fengshan Stone Group
15. Xiamen Wanlistone stock
16. Kangli Stone Group
17. Hongfa
18. Xishi Group
19. Jin Long Run Yu
20. Xinpengfei Industry

Marble Market Analysis by Region:

The Marble market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. The Regional Analysis provides the Marble market status of various countries included in the report.

Key questions answered in the Marble Market are:

What are the Marble Market segments?
Which Marble market segment is expected to grow rapidly during the forecast period?
What is the expected CAGR of the Marble market during the forecast period?
Who are the top players in the Marble industry?
Which region is expected to grow at a high CAGR during the forecast period?
Which region held the largest Marble market share in 2024?
Key Offerings:

Market Overview
Market Share
Market Size
Forecast by Revenue | 2024−2030
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by segments, sub-segments and region
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Issued By Puja
Phone 09607365656
Business Address pune
Pune Banglore Highway, Narhe,
Country India
Categories Business , Consumer
Tags marble market , marble market trends , marble market growth
Last Updated February 6, 2024