Natural Stone Slab Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Natural stone that has been quarried and cut, but not crushed into chips or reconstituted into cast stone. A stone slab is a big stone, flat and of little thickness, that are generally used for paving floors, for covering walls or as headstones. Other definitions refine the meaning a bit more: Flat big stone and of little thickness. Examples of natural stone used in buildings are granite (igneous rock), sandstone, shale, and limestone (sedentary rock), quartzite, and marble (metamorphic rock). Some stones, like brick and tile, are made by mixing natural stone materials with binders and firing them in a heated kiln.

MARKET SCOPE

The "Global Natural Stone Slab Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the natural stone slab market with detailed market segmentation by product, application, and geography. The report provides key statistics on the market status of the leading natural stone slab market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on product, the global natural stone slab market is segmented into limestone, granite, travertine, and others.
  
•   Based on application, the global natural stone slab market is segmented into residential and commercial.
  

MARKET DYNAMICS

Drivers:

•   Rising awareness about the properties of the natural stone slabs, such as superior strength, high longevity, wear and slip resistance.
  
•   Increasing up-gradation and rehabilitation activities of the existing infrastructures in developed economies.
  

Restraints:

•   Relatively higher price of the natural stone slab.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The natural stone slab market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the natural stone slab market in these regions.

IMPACT OF COVID-19 ON NATURAL STONE SLAB MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemicals and materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.

MARKET PLAYERS

The report covers key developments in the natural stone slab market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from natural stone slab market are anticipated to witness lucrative growth opportunities in the future with the rising demand for natural stone slab in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the natural stone slab market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Aro Granite Industries Ltd.
  
•   Levantina y Asociados de Minerales, S.A.
  
•   MARGRAF
  
•   Dimpomar
  
•   Polycor Inc.
  
•   Temmer Marble
  
•   Dermitzakis Bros S.A.
  
•   Mumal Marble
  
•   Xishi Stone Group
  
•   Topalidis.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Natural Stone Slab Report Scope