Report

Global Natural stone slab Market Size study, by Application (Residential , Commercial), Product (Granite, Limestone, Travertine, Others) and Regional Forecasts 2020-2027

  • Publish Date: Mar,2022
  • Report ID: QI037
  • Page : 250
  • Report Type : PDF (Email)
Global Natural stone slab Market is valued approximately USD 45.4 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 3.5% over the forecast period 2020-2027. A stone slab is a large, smooth, and thin stone that is commonly used for paving floors, covering walls, and as headstones. Paving and roof construction are two of the most common uses for slabs as a construction material. . Also, the Natural stone slab is used on graves. The increasing investments in construction sector , increasing population and also Natural stone slabs superior strength, functionality, and durability has led the adoption of Natural stone slab across the forecast period. For Instance: By the first quarter of 2021, the LIRA's regular methodology predicts annual growth in renovation and repair spending of 4.1 percent, with gains softening to 1.7 percent by the third quarter. Annual expenses for owner-occupied housing rehabilitation and repair are projected to increase from about $332 billion to $337 billion by the second half of 2021.. However, high manufacturing costs, strict regulations on mining impedes the growth of the market over the forecast period of 2020-2027. Also, with the increasing interest of government and private firms towards infrastructure, construction of River Banks, and demand for Natural stone slab is likely to increase the market growth during the forecast period.

The regional analysis of global Natural stone slab market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to the growing geriatric population and promptness & affordability of urgent care services coupled with the well-established healthcare infrastructure. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising disposable income, rising incidences of injuries and improving healthcare infrastructure would create lucrative growth prospects for the Natural stone slab market across Asia-Pacific region.

Major market player included in this report are:
Aro Granite Industries Ltd
Dimpomar
Dermitzakis Bros S.A.
Levantina y Asociados de Minerales, S.A.
MARGRAF
Mumal Marble
Polycor Inc
Temmer Marble
Topalidis
Xishi Stone Group

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Granite
Limestone
Travertine
Others

By Application :
Residential
Commercial
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year 2017, 2018
Base year 2019
Forecast period 2020 to 2027

Target Audience of the Global Natural stone slab Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors