The global marble market is projected to reach value of USD 15.94 Billion by 2027, according to a current analysis by Emergen Research. The key factors driving the market include shift in consumers’ lifestyle and heat- and fire-resisting properties of marble.
With increasing usage and availability of explosives, coupled with advancements in mechanical systems, marble can be easily given various shapes. This helps in grooming the overall appearance of end-use applications. In the modern age, marble is used for building city halls, religious homes, and buildings.
The report analyzes the major market players along with distributors and industrial chain structure. The report provides fruitful insight into the key players and new entrants about the market trends and the competitive landscape. The detail-oriented report consists of n pages and is an extensive database of vital information, statistical data, trends, and competitive analysis of the concerned sector. The data obtained from the study is corroborated by industry experts for the readers.
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Further key findings from the report suggest:
- In February 2024, Fox Marble Holdings Plc announced that it had signed two new agreements for the processing of third-party blocks with Egzoni Sh.p.k. and Skifteri Sh.p.k. Fox Marble Holdings
- North America is projected to dominate the global marble market during the forecast period. Various uses of marble in building & construction, decorative infrastructure, and furniture industries have boosted the market in the region. The U.S. is expected to lead the market in the region in the near future.
- Key players in the market include Hellenic Granite Company, Fox Marble Holdings Plc, Polycor Inc., Asian Granito India Limited, Kangli Stone Group, Hilltop Granites, Classic Marble Company, First Marble & Granite, Temmer Group, and Santucci Group
Market Segmentation:
For this report, Emergen Research has segmented the global marble market based on application, color, and region:
- Application Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–2027)
- Building & Construction
- Furniture
- Decorative Infrastructure
- Statues & Monuments
- Others
- Color Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–2027)
- Black
- White
- Green
- Yellow
- Others
The market is spread across several key geographical regions, and the report covers the regional analysis as well as the production, consumption, revenue, and market share in those regions for the forecast period of 2024-2027. The regions include North America, Latin America, Europe, AsiaPacific, and Middle East and Africa.
Key Regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- AsiaPacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Summary of the Marble Market Report:
Critical Features:
The report on the Marble industry sheds light on the latest growth trends and developments along with a special focus on the methodologies. Along with this, the market factors that directly influence the growth of the industry, such as market strategies adopted by the key companies, drivers, restraints, and others, are also covered in the report. Additionally, expansion tactics, product portfolio, and factors influencing the growth of the industry are offered in the report.
Industry Overview:
The study offers an analysis of the crucial market features, such as R&D advancements, product launches, brand promotions, strategic alliances such as joint ventures, mergers and acquisitions, collaborations, and partnerships, to depict the growth of the key players on both the regional and global scale.
Radical Features:
The report covers an analysis of the key features such as cost volatility, production and manufacturing capacity, production and consumption rate, gross revenue, profit margins, import/export, demand and supply dynamics, growth rate, and market share and size. Along with this, the report also focuses on the macro and micro-economic factors, market trends, and divides the market into key segments and sub-segments.
Analytical Tools:
The report employs advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to offer a comprehensive overview of the Marble market. The report includes authentic and validated information about the key market players, their market reach and global position, product portfolio, and business overview. It also offers an extensive analysis of their global market position and revenue contribution by individual players.
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