Global Marble Industry Size – USD 12.68 Billion in 2019, Market Growth – at a CAGR of 2.8%, Market Trend – Rapid urbanization in developing countries
Growing demand for technical innovations and higher diversification in the products offered are predicted to ensure high growth potential for new players entering the market during the forecast period.
Marble industry, consisting of many small start-ups, medium-sized companies and large conglomerates, is expected to remain in a highly competitive and fragmented environment in the near future.
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The Marble key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Marble market players.
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.
marble market Service Insight
Marble has been used for centuries for making historical sculptures. Marble is one of the most robust materials that shows its longevity in wide-ranging changes in the atmosphere. Due to its physical properties, marble is commonly used in the construction of flooring, walls, and columns.
The market has been segmented into building & renovation, furniture, decorative infrastructure, statues & monuments, and others, based on application. During the forecast period, the building & construction sub-segment is expected to grow at a rate of 3.1%. Marble has been used for centuries for making historical sculptures.
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
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