Industry Background:
Marble flooring is a classic and popular choice for flooring solutions by using marble stone. Marble is a metamorphic rock composed of recrystallized carbonate minerals. The Italian marbles are widely consumed due to durability. The rising demand for a luxurious lifestyle and maintaining high-class décor leads to the growth in marble flooring.This growth is primarily driven by Rising Demand for Residential Building Constructions
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | Square Meter |
Value Unit | 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 |
The Construction & Engineering sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Kajaria Ceramics (India), Levantina (Spain), BELIM MARBLE PVT. LTD. (India), Johnson Tiles (United Kingdom), Polycor Inc. (Canada), Mumal Marble (India), Indiana Limestone Company (United States), Topalidis S.A. (Greece), Antolini Luigi & C. S.P.A. (Italy), Classic Marble Company Pvt. Ltd. (India), Amit Marbles Pvt. Ltd. (India), Campolonghi Group (Italy), RK Marble (India) and The Roma Marble Group (United Kingdom), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Influencing Trend:
Trend for Using Italian Marbles
Market Growth Drivers:
Rising Demand for Residential Building Constructions and Rising Demand for Luxury Lifestyles
Challenges:
Polished Marble Floors are Dangerously Greasy and Slippery Leads to Incidents and Availability of Substitute Products in Cheaper Prices
Restraints:
Contact of Acids and Vinegars with Marbles Cause them Damages and High Installation Costs of Marble Flooring
Opportunities:
Home Renovations and Changing Interior Décor and Growing Demand for Marble Flooring from Developing Countries
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Marble Flooring Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Marble Flooring Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Marble Flooring players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Marble Flooring Study Sheds Light on
The Marble Flooring Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Marble Flooring industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Marble Flooring industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.