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Marble Market Trends, Developments, Opportunities, Manufacture Size and Future Forecasts To 2024

The Marble Market report firstly introduced the Marble industry basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region Marble market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

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About Marble Industry

Marble is a metamorphic rock that forms when limestone is subjected to the heat and pressure of metamorphism. It is composed primarily of the mineral calcite (CaCO3) and usually contains other minerals such as: clay minerals, micas, quartz, pyrite, iron oxides and graphite.

The global marble market is worth over $50 Billion, according to our survey. The industry is highly fragmented in terms of products, end uses and suppliers, but its markets can broadly be categorized as construction and decoration, statuary and monuments, furniture and others. Until 2016, EU overall was the dominant producer and exporter of marble, but strong growth in emerging markets, especially in China, Pakistan and India, means that Asia is assuming dominance as a producing and exporting region. In 2016, the world production of marble reached 816 Million Sq.m. The world’s top ten natural marble producers include China, India, Iran, Turkey, Italy, Spain, Brazil, Egypt, Portugal and Greece.. Leading players in marble industry are Levantina, Polycor inc, Indiana Limestone Company, Vetter Stone, Topalidis S.A., Antolini, etc.

Marble is a highly-fragmented industry with a variety of manufacturers ranging from large multinational corporations to small privately owned companies. The top ten producers account for just c 3.76% of the market. Marble can be classified based on the color. Yellow marble is assumed to be the most prevalent kind of marble, considering the large stock of beige marble in Europe. The production of black marble, white marble and green marble are also considerable.

A key variable in the performance of marble producers is raw material costs, specifically the speed at which any increase can be passed through to customers. According to U.S. Geological Survey (USGS), stone resources of the world are sufficient to cater to foreseeable needs. Nevertheless, resources can be limited on a local level or occasionally on a regional level due to the lack of a particular type of stone. Marble resources are mainly located in Italy, China, Turkey, Philippines, France, Brazil, USA, India, Morocco, Austria, Russia, Japan, Portugal and Greece. Italy has abundant resources of high quality marble, positioning the nation as a key marble producer and exporter in the world. Turkey is located at the world’s richest natural stone Alps area. There are a mass of marble resources from Anatolia to the Thrace region. The materials of marble include marble blocks, to some companies, marble block can be satisfied with own production, while to others, marble blocks have to be purchased from other suppliers. The price of marble tile follow the marble block price, with a lag, and movements can inject volatility into producer margins. In general, most producers structure the majority of their contracts to include a ‘pass through’ clause that smooth the impact.

The largest consumption area of marble is Europe, which accounted for 29.05% of world marble consumption in 2016. The consumption of marble in USA, India and China are also considerable. The global marble production value will increase to 64 Billion USD in 2023, from 52 Billion USD in 2016. It is estimated that the global marble demand will develop with an average growth rate of around 3.01% in terms of revenue from 2106 to 2023.

The worldwide market for Marble is expected to grow at a CAGR of roughly 3.0% over the next five years, will reach 62100 million US$ in 2024, from 52000 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Marble in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

The overviews, SWOT analysis and strategies of each vendor in the Marble market provide understanding about the market forces and how those can be exploited to create future opportunities.

Key Players in this Marble market are:–

  • Levantina
    Indiana Limestone Company
    Vetter Stone
    Temmer Marble
    Pakistan Onyx Marble
    Mumal Marbles
    Can Simsekler Construction
    Mármoles Marín
    Aurangzeb Marble Industry
    Amso International
    Universal Marble & Granite
    Best Cheer Stone Group
    Fujian Fengshan Stone Group
    Xiamen Wanlistone Stock
    Kangli Stone Group
    Xishi Group
    Jin Long Run Yu
    Xinpengfei Industry
    Jinbo Construction Group
    Fujian Dongsheng Stone

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Production Analysis: SWOT analysis of major key players of Marble industry based on a Strengths, Weaknesses, company’s internal & external environments. …, Opportunities and Threats. . It also includes Production, Revenue, and average product price and market shares of key players. Those data are further drilled down with Manufacturing Base Distribution, Production Area and Product Type. Major points like Competitive Situation and Trends, Concentration Rate Mergers & Acquisitions, Expansion which are vital information to grow/establish a business is also provided.

Application of Marble Market are: 

    Construction and Decoration
    Statuary and Monuments

Product Segment Analysis of the Marble Market is:

  • White Marble
    Black Marble
    Yellow Marble
    Red Marble
    Green Marble and others

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This research report consists of the world’s crucial region market share, size (volume), trends including the product profit, price, Value, production, capacity, capability utilization, supply, and demand and industry growth rate.

Geographically this report covers all the major manufacturers from India, China, USA, UK, and Japan. The present, past and forecast overview of Marble market is represented in this report.

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Scope of Marble Market Report:

The Marble market report highlights historic and forecasted market size in terms of revenues & unit sales, average selling price, growth rates, and company market shares.

  • Highlights and compares key product categories for growth trends and revenue forecast.
  • Marble Market size, annualized revenue and unit sales for each product category from 2014 to 2024.
  • Cross category comparison – Growth and revenue comparison for product categories, historic and forecast through 2024.
  • Market share of companies.
  • Average selling price ($) for each product type (2014 to 2019).
  • Recent Events and Developments

In this study, the years considered to estimate the market size of Marble Market are as follows:-

  • History Year: 2013-2017
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Year 2019 to 2024

Single User Licence Price: USD 3480

No Of Pages in Marble Market Report: 135

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