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 publication also dedicates individual chapters to various segments present in the market and the related sub-segments. In this study, our analysts provide historical revenues along with the estimated revenues for all the sectors. Sales of products and the evolution of end-users have also been inspected in this research report. The chapter on geographical analysis assesses the regional markets. It takes an in-depth view of the volatile socio-political conditions, weather fluctuations, and annual budgets of nations to determine their effect on the global market.

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Further key findings from the report suggest:

  • In February 2020, 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
  • Based on application, the market has been classified into building & construction, furniture, decorative infrastructure, statues & monuments, and others. The building & construction segment is projected to expand at a rate of 3.1% during the forecast period. Marble has been used for making historic sculptures for ages. Marble is one of the most durable materials, which showcases its durability in the wide-ranging atmospheric changes. Marble is widely used in the construction of flooring, walls, and columns due to its physical properties.
  • 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.

The subject matter experts conducting the study offer a deep understanding of how prominent leaders have managed to navigate the potential buyers and competitive dynamics influencing their brand positioning in the industry The Marble market analysis provides everything a business owner needs in order to succeed.

Major Players/Manufacturers profiled in the report are:

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

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For better understanding, the report further divides the market into key segments such as product types and application spectrum. The report also offers estimates about the segment and sub-segment expected to grow at a rapid pace and the key factors expected to drive revenue growth of the segments during the forecast timeline of 2021-2028.

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

Regional Segmentation;

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (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)

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The report offers insightful information about the market dynamics of the Marble market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Marble market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Marble market.

Key Benefits of the Report:

  • Comprehensive analysis of the competitive scenario and its changing dynamics
  • Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
  • In-depth 8 year analysis of the Global Marble Market
  • Critical assessment of the key market segments
  • Comprehensive analysis of the drivers, restraints, trends, and opportunities
  • Detailed regional analysis and extensive company profiling
  • Extensive assessment of current and emerging trends of the market

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Thank you for reading our report. To inquire about customization or any query about the report, please get in touch with us. Our team will make sure the report is best suited to your needs. Emergen Research also offers a country-wise customized report as per clients’ needs.

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