About Marble
Over the past few decades, the global construction industry has experienced lucrative growth across the developing economies and inclusion of marble in construction activities has ultimately generated significant demand for marble and marble products across the globe. Marble is a naturally occurring mineral which is majorly used in the construction industry. It is composed of several carbonates such as calcite and dolomite. It is mainly available in white in color and yellow and red in case of pigmented marbles. This mineral is mainly used in decorative purpose, for instance; marble is used for centuries to create landmark buildings such as the Taj Mahal, Parthenon, and U.S. Supreme Court Building, along with several renowned cathedrals, churches, and tombs across the world.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
The Vendors having a strong hold in the market are Levantina, Polycor, Indiana Limestone, Vetter Stone, and Topalidis. Analyst at AMA Research estimates that Asian and European Vendors will contribute the maximum growth to Global Marble 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.
Levantina (Spain), Polycor (Canada), Indiana Limestone Company, Inc. (United States), Vetter Stone Company (United States), Topalidis S.A. (France), Antolini Luigi & C. S.p.A. (Italy), Temmer Marble (Turkey), Tekmar (Canada), Pakistan Onyx Marble (Pakistan) and DIMPOMAR, Rochas Portuguesas, Lda (Portugal) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Mumal Marbles (India), Mármoles Marín (Spain), Aurangzeb Marble Industry (Pakistan), Amso International Sas (Italy), Best Cheer Stone Group (China) and Fujian Fengshan Stone Group (China).
Segmentation Overview
AMA Research has segmented the market of Global Marble market by Type (White Marble, Black Marble, Yellow Marble, Red Marble, Green Marble and Others), Application (Construction and Decoration, Statuary and Monuments, Furniture and Others) and Region.
On the basis of geography, the market of Marble 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). Europe region held largest market share in the year 2024. North America, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement.
Influencing Trend:
Improvements in Axial Marble Cutting with Enhanced Efficiency and Inclusion of Marble Products in Kitchen Based Construction Products
Market Growth Drivers:
Increasing Applications of Marble and Respective Substrates from COnstruction Industry and Provides Comparatively Durable and Attractive Solutions
Challenges:
Robustly Increasing Distribution Overheads and Labour Costs
Restraints:
Comparatively Expensive that the Conventional Stones and Lack of Geographically Dispersed Availability of the Marble
Opportunities:
Use of Marble Provides Comparatively More Attractive Construction Solutions and Increasing Construction and Development Opportunities from APAC and Middle Eastern Countries
On 13th February 2019, Indiana Limestone Company (ILCO), a global supplier of natural limestone building products and largest limestone quarrier in the United States has received ANSI/NSC 373 Sustainable Production of Natural Dimension Stone certification for its three quarries. This accreditation helps architects and builders who specify ILCO materials ensure the stone for their buildings is produced in an economic, environmental and socially responsible manner.
Key Target Audience
Marble Manufacturers, Marble Distributors and Suppliers, Marble & Stone Industry Associations, Government Agencies, Research and Development Institutes, Construction Industry Associations, Upstream and Downstream Buyers 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.