Evolve Business Intelligence has published a research report on the Global Marble Market, 2024–2034. The global Marble Market is projected to exhibit a CAGR of around 5.78% during the forecast period of 2024 to 2034.
Evolve Business Intelligence has recognized the following companies as the key players in the global Marble Market: DELTA Marble, Classic Marble Company, Santucci Group, First Marble & Granite, Hilltop Granites, Kangli Stone Group, Dal-Tile Corporation, NAMCO, Asian Granito India Limited and Polycor.
Market Highlights
The Global Marble Market is projected to be valued at USD 20.74 Billion by 2034, recording a CAGR of around 5.78% during the forecast period. The Marble Market refers to the industry involved in the extraction, processing, and distribution of marble, a natural stone prized for its aesthetic appeal and durability. Marble is used in various applications, including construction, interior design, and art.
The Marble Market is influenced by factors such as architectural trends, economic conditions, and advancements in quarrying and processing technologies.
Segmental Analysis
The global Marble Market has been segmented based on basis of color and Application.
Based on Basis of Color, the Marble Market is segmented into White, Black, Yellow and Others. The White segment is anticipated to dominate the market.
Based on Application, the global Marble Market has been divided into Building & Construction, Statues and Monuments, Furniture and Others. The Building & Construction segment is anticipated to dominate the market.
More Information: https://evolvebi.com/report/marble-market-analysis/
Regional Analysis
The Marble Market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, & Africa. In North America region, Country like United States has significant consumer of marble, with strong demand driven by residential and commercial construction. The U.S. imports marble from Europe, Asia, and other regions and has a growing market for both natural and engineered marble. In Europe region countries like Italy has renowned for its high-quality marble, including iconic varieties like Carrara and Calacatta. Italy is a leading producer and exporter, with a strong presence in luxury and architectural markets and Greece has Notable for its white and colored marbles, such as Thassos and Kavala, used extensively in construction and artistic applications. In Asia-Pacific region, China is one of the largest producers and consumers of marble. China has extensive reserves and is a significant exporter, with a strong domestic market driven by rapid urbanization and construction and India Known for its diverse range of marbles, including Makrana and Rajnagar. India is both a major producer and exporter, with growing domestic consumption due to increasing construction activities. In Latin America region, Brazil is emerging as a significant market with growing production and consumption. Brazil’s marble industry is expanding to meet domestic and international demand, driven by infrastructure and construction growth. In Middle East & Africa region, United Arab Emirates has significant consumer of marble, especially in luxury real estate and high-profile projects. The UAE imports marble from various regions and has a growing local market and Egypt and South Africa is also emerging markets with increasing marble production and consumption. Both countries are developing their marble industries and expanding into new markets.