Granite, Marble and Stone

Global Granite, Marble and Stone Market to Reach 28.8 Billion Metric Tons by 2030

The global market for Granite, Marble and Stone estimated at 20.6 Billion Metric Tons in the year 2024, is expected to reach 28.8 Billion Metric Tons by 2030, growing at a CAGR of 5.7% over the analysis period 2024-2030.

The U.S. Market is Estimated at 1.9 Billion Metric Tons While China is Forecast to Grow at 6.4% CAGR

The Granite, Marble and Stone market in the U.S. is estimated at 1.9 Billion Metric Tons in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of 11.2 Billion Metric Tons by the year 2030 trailing a CAGR of 6.4% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.2% and 4.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.

Global Granite, Marble and Stone Market - Key Trends & Drivers Summarized

Granite, marble, and stone are natural materials widely used in the construction and decoration of buildings due to their durability, aesthetic appeal, and versatility. These materials are favored for applications such as countertops, flooring, wall cladding, and monuments. Granite is known for its hardness and resistance to wear and tear, making it ideal for high-traffic areas. Marble, with its distinctive veining and elegance, is often used in luxurious interior designs and sculptures. Other natural stones, including limestone, slate, and sandstone, offer unique textures and colors that enhance architectural and landscaping projects.

The quarrying and processing of granite, marble, and stone involve advanced techniques to extract and refine these materials into usable forms. Cutting-edge machinery and technology enable the precise cutting, polishing, and finishing of stone slabs, ensuring high-quality products that meet the demands of modern construction standards. Sustainable practices in quarrying and processing are increasingly being adopted to minimize environmental impact, including water recycling systems and the use of renewable energy sources. The global trade of these materials is robust, with major producers and exporters including countries like China, India, Brazil, and Italy.

The growth in the granite, marble, and stone market is driven by several factors. Firstly, the increasing demand for aesthetically pleasing and durable building materials in residential and commercial construction is a significant driver. Secondly, advancements in quarrying and processing technologies are enhancing the efficiency and quality of stone products. Thirdly, the rising trend of home renovation and remodeling is boosting the demand for granite, marble, and stone in interior applications. Additionally, the growing popularity of natural materials in sustainable building practices is promoting their use. Furthermore, the expansion of the global construction industry, particularly in emerging markets, is creating new opportunities for stone suppliers. Lastly, the increasing use of stone in outdoor landscaping and architectural projects is further driving market growth.

SCOPE OF STUDY:

The report analyzes the Granite, Marble and Stone market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Segment (Granite, Marble and Stone)

Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Select Competitors (Total 206 Featured) -

• Ablegroup Berhad
• American Marazzi Tile, Inc.
• Antolini Luigi & C. S.p.A.
• Aro Granite Industries Ltd.
• Asian Granito India Limited
• Benchmark Building Supplies Ltd.
• CaesarStone
• California Crafted Marble, Inc.
• Cambria
• Cosentino SA
• CUPA Group
• Dakota Granite Company
• Daltile Corporation
• Dermitzakis Bros S.A.
• Dimpomar, Rochas Portuguesas, Lda
• Duracite, Inc.
• Fox Marble Holdings plc
• Granite Transformations
• Hellenic Granite Co. S.A.
• Hilltop Granites
• Internacional De Ceramica SA DE CV
• Levatina y Asociados Minerals SA
• LSR Group
• Marazzi Group S.r.l
• MARGRAF
• Mohawk Industries
• Pokarna Limited
• Polycor Inc.
• RANAMAR
• Southland Stone USA, Inc.
• Temmer Marble
• Topalidis S.A. – Marble & Granite

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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