NEW YORK, Nov. 6, 2023 /PRNewswire/ — The Dimension Stone Market size is expected to grow by USD 1.35 billion, accelerating at a CAGR of 4.44% during the forecast period, according to Technavio’s market analysis. Rapid growth in the construction industry is notably driving the dimension stone market. However, factors such as a shortage of skilled labor may impede market growth. We provide a detailed analysis of 20 companies operating in the dimension stone market including 3 Rivers Stone Ltd., Aditya Stonex, Aro Granite Industries Ltd., Artgo Holdings Ltd., Asian Granito India Ltd., Avid Marbles and Granites Pvt. Ltd., Caesarstone Ltd., FHL Kiriakidis Group, Fox Marble Holdings Plc, Haique, HMG Stones, Levantina and Mineral Associates SA, MGT Stone Co., Mohawk Industries Inc., Pokarna Ltd., Prem Marbles, Regatta Granites India, RK Marbles, Shubh Marbles and Granite, and Sonnet Stone. The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request Sample Report
Dimension Stone Market 2023-2027: Company Analysis
RK Marbles: The company offers dimension stones such as marble slabs and tiles, celebrated for their timeless elegance and suitability for luxurious interiors.
This report provides a full list of key companies, their strategies, and latest developments. Buy the report now for detailed company information
Dimension Stone Market 2023-2027: Segmentation
Type
- Limestone
- Granite
- Sandstone
- Marble and slate
- Others
Application
- Structural use
- Decorative use
Geography
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The limestone segment is expected to contribute substantial expansion during the forecast period. Limestone finds extensive utilization in diverse construction applications owing to its distinct and plentiful characteristics. Its enduring nature is a primary factor fueling the increasing demand for limestone, primarily driven by the global construction industry and infrastructure development.
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View PDF Sample Report
Dimension Stone Market 2023-2027: Geographical Analysis
The Asia-Pacific (APAC) region is projected to play a significant role, contributing 35% to the overall global market growth during the forecast period. In the APAC area, the dimension stone market is being predominantly shaped by robust expansion in both commercial and residential construction activities, particularly in India and China. Additionally, the construction sector in emerging economies like Indonesia, Vietnam, Bangladesh, Thailand, Malaysia, and the Philippines is also expected to experience notable growth.
Dimension Stone Market 2023-2027: Key Highlights
- Historic Market Size 2017-2021
- CAGR of the market during 2023-2027
- Detailed information on factors that will assist dimension stone market growth during the next five years
- Estimation of the dimension stone market size and its contribution to the parent market
- Forecasts on upcoming trends and changes in consumer behavior
- The growth of the dimension stone market
- Analysis of the competitive landscape and detailed information on companies
- Comprehensive details of factors that will impede the growth of dimension stone market companies
Related Reports:
Ceramic and Natural Stone Tiles Market: The ceramic and natural stone tiles market size is estimated to grow at a CAGR of 7.19% between 2023 and 2028. The market size is forecast to increase by USD 83.05 billion.
Engineered Stone Market: The engineered stone market is estimated to grow at a CAGR of 6.1% between 2022 and 2027. The size of the market is forecast to increase by USD 9.68 billion.
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Dimension Stone Market Scope |
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Report Coverage |
Details |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.44% |
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Market growth 2023-2027 |
USD 1.35 billion |
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Market structure |
Fragmented |
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YoY growth 2022-2023 (%) |
4.16 |
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Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 35% |
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Key countries |
US, China, India, Italy, and Brazil |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
TOC:
- Executive Summary
- Market Landscape
- Market Sizing
- Historic Market Sizes
- Five Forces Analysis
- Market Segmentation by Type
- Market Segmentation by Application
- Market Segmentation by Geography
- Customer Landscape
- Geographic Landscape
- Drivers, Challenges, & Trends
- Company Landscape
- Company Analysis
- Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
