A marble is a metamorphic rock that composed of recrystallized carbonate minerals. Marble is gaining prominence in kitchen countertops, flooring, and bathroom applications. As individuals are becoming more aware of interior designing techniques, the sale of marble is soaring. Moreover, marble is more affordable than most natural stones, making it a popular choice for real estate projects. Marble is also used as a decorative purpose in construction due to its aesthetics, such as beauty and sculpture, and growing consumer preference toward the interior decoration of the housing structure, providing a drive to the market growth.
MARKET DYNAMICS
The marble market has witnessed significant growth due to the increasing consumer preference toward the interior decoration of the housing structure. Moreover, increasing use of marble slabs and powder provides a huge market opportunity for the key players operating in the marble market. However, the hazard related to marble dust that causes abrasion and irritation to the skin is projected to hamper the overall growth of the marble market in the forecast period.
MARKET SCOPE
The "Global Marble Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the marble market with detailed market segmentation application, and geography. The global marble market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading marble market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global marble market is segmented on the basis of application. On the basis of application, the global marble market is divided into building & construction, statues & monuments, and furniture.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global marble market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The marble market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the marble market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the marble market in these regions.
MARKET PLAYERS
The reports cover key developments in the marble market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as material type launches, material type approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from marble market is anticipated to lucrative growth opportunities in the future with the rising demand for marble in the global market. Below mentioned is the list of few companies engaged in the marble market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the marble market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Asian Granito India Limited
- DELTA Marble
- Fox Marble Holdings plc
- Hellenic Granite Company
- Hilltop Granites
- Kangli Stone Group
- Levantina y Asociados de Minerales, S.A.
- Polycor Inc.
- RANAMAR
- Santucci Group
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.