What is Stone Slab Market Scope?
The stone slab market is expected to rise during the forecasted year due to the growing purchasing power of the people around the world and also the surging construction and building industry with continuous advancements. The stone slab is available in many forms such as granite, quartz, soapstone, limestone, etc, as it gives an architectural appearance to the house or any commercial building. The stone slabs are made placing 3 stones in the prefered crafting grid giving it a classic and clean appearance. They are widely used in floorings, kitchen countertops, facades, staircase, garden paths etc. , it provides hard flooring, durability, wear-resistant, economical, easy to install and maintain.
Influencing Trend:
The Advent of Stone Slabs in Range of Colours, Designs, and Sizes and Increasing Use of Marble Stone Slabs Worldwide
Market Growth Drivers:
Growing Purchasing Power of People Across the World and Rising Popularity of Stone Slabs Interior Designing
Challenges:
Safety Related Concerns with Stone Slabs and Aggressive Competition in Stone Slab Market
Restraints:
Regulatory Compliance with Stone Slabs
Opportunities:
Surging Technological Advancements in Construction and Building Industry in Developing Economies and Increasing Imports and Exports of Stone Slab Products
The Stone Slab market study is being classified by Type (Granite, Marble, Quartz, Soapstone, Limestone and Others), by Application and major geographies with country level break-up.
Stone Source LLC (United States), Levantina Group (Spain), Ciot Inc, (Canada), VICOSTONE (Vietnam), Allied Stone, Inc. (United States), A.St.A. WORLD-WIDE (Italy), All Commercial Floors, Inc. (ACF) (United States), Alkusari Stone (United States), Marmi Mantico Srl (Italy), Sudbury Granite & Marble LLC (United States), Impressions in Stone, Inc. (United States), Dal-tile Group Inc. (United States), Sangvareh Stone Company (Iran) and Pokarna Ltd. (Quantra) (India) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Xiamen Realho Stone Co., Ltd. (China) and Kalingastone (India).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Stone Slab market by Type, Application and Region.
On the basis of geography, the market of Stone Slab has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
On 5th September 2019, Daltile launched four new designs into its ONE Quartz Surfaces series assortment. This tone slab series offers beautiful nature-inspired stone designs for countertops and walls. The products come with low maintenance benefits and durability for which Daltile's ONE Quartz Surfaces are popular.
On 17th September 2019, All Commercial Floors, Inc. (ACF) announced the acquisition of Holland Marble Group. Peter Holland veteran renowned leader in the stone industry worldwide marked as Vice President and General manager of the new "Holland Surfaces" division of ACF. Holand Marble has been providing high-quality natural and engineered stone slabs to high end residential and commercial customers. The company's expertise and specialized fabrication capabilities combined with ACFs national distribution and installation footprint will enable ACF to deliver Holland's outstanding products to customers worldwide.
Key Target Audience
Stone Slab Manufactures, Stone Slab International Traders, Stone Slab Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
Stone Slab Market Study: Important Years
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Stone Slab Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Stone Slab industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.