About Natural Stone
Natural stones are products that are extracted from earth and used as a decorative materials in construction, statuary & monuments and furniture. These stones are available in number of forms such as marble, granite and limestone. ongoing infrastructural developments and growing demand for luxurious housing solutions are propelling the demand for natural stone.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
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. Analyst at AMA Research estimates that United States and Chinese Vendors will contribute the maximum growth to Global Natural Stone market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Topalidis [Greece], Polycor Inc [Canada], Antolini [Italy], Amso International [United States], Pakistan Onyx Marble [Pakistan], Temmer Marble [Turkey], Indiana Limestone Company [india], SINAI [United States], Etgran [India], Vetter Stone [United States], Dimpomar [Portugal], Mumal Marbles [India], Indian Natural Stones [india], Aurangzeb Marble Industry [India], Alacakaya [Turkey], Universal Marble & Granite [United States], Best Cheer Stone Group [United States], Xiamen Wanlistone stock [China], Xishi Group [China], Jinbo Construction Group [China], Hongfa [China], DongXing Group [China], Guanghui [China], Fujian Dongsheng Stone [China] and Xinpengfei Industry [China] are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Kangli Stone Material Group [China], Arriaga Stone [Spain], Style in Stones [India], Fujian Fengshan Stone [China] and Jin Long Run Yu [China].
Segmentation Overview
AMA Research has segmented the market of Global Natural Stone market by Type (Marble, Granite and Limestone), Application (Construction & Decoration, Statuary & Monuments, Furniture and Other) and Region.
On the basis of geography, the market of Natural Stone 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).
Influencing Trend:
Growing Use of Natural Stone in Facades in Building Construction and Rising Demand of Customized Natural Stone
Market Growth Drivers:
Growing Luxurious Constructional Infrastructural Development and Rising Disposable Income in Developed Countries Led to Rise in Demand for High Class Decorative Arts and Furniture
Challenges:
Difficulty in Procurement and Low Demand of Natural Stone in Emerging Countries
Restraints:
High Cost of Natural Stone and Growing Market for Counterfeit Stone Products
Opportunities:
Rising Disposable Income and Versatility in Natural Stone Products Type
Market Leaders and their expansionary development strategies
In May 2022, , SRS Distribution a wholesale distributor of natural and architectural cut stone, manufactured stone, cast stone, and masonry supplies acquired Natural Stone Supplier in TX, to grow its natural stone and masonry supply business throughout Texas and beyond with the acquisition of Rock Materials.This strategic partnership also adds several strong operators to our bench … while expanding SRS’ product offering to our existing homebuilder and landscaper customer base
In May 2022, StoneLoads announced the national launch of its online natural stone marketplace, which can be found at StoneLoads.com. By using the platform, natural stone quarries and fabricators across the United States can list full truckloads of product to be purchased by landscape supply yards nationwide.
Key Target Audience
Natural Stone Producers, Construction Industries, Government Agencies, Research Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.