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Global engineered marble market is expected to grow at a steady rate during the forecast period. The global engineered marble market is driven by the booming construction industry. Additionally, engineered marble is tough, resistant to stains, available in wide range of shapes, sizes & color, cost effective, among others. These properties are increasing the demand for engineered marble and thereby expected to propel the market growth through 2026.
The global engineered marble market is segmented based on product type, thickness, mode of application, distribution channel, application, end user, company and region. Based on mode of application, the market can be bifurcated into interior and exterior. The interior segment is expected to hold a significant market share owing to the increasing use of engineered marble in kitchen countertops, floorings, bathrooms, among others.
Regionally, the engineered marble market has been segmented into Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, Asia-Pacific region dominates the overall engineered marble market owing to the increasing demand from various end user industries such as electronics, building & construction, among others.
Major players operating in the global engineered marble market include Falat Sang Asia Co, Grupo Cosentino, E. I. du Pont de Nemours and Company, Compac marble, Caesarstone Ltd, Hanwha L&C Corporation, LG Hausys Ltd., Herman Tile & Marble, Johnson Marble & Quartz, RK Marble and others. The companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Years considered for this report:
- Historical Years: 2016-2019
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2022-2026
Objective of the Study:
- To analyze and forecast the market size of global engineered marble market.
- To classify and forecast global engineered marble market based on product type, thickness, mode of application, distribution channel, application, end user industry, company and regional distribution.
- To identify drivers and challenges for global engineered marble market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global engineered marble market.
- To conduct pricing analysis for global engineered marble market.
- To identify and analyze the profile of leading players operating in global engineered marble market.
The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of manufacturers across the globe. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the manufacturers which could not be identified due to the limitations of secondary research. The publisher analyzed the manufacturers, distribution channels and presence of all major players across the globe.
The publisher calculated the market size of global engineered marble market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Engineered marble manufacturers, suppliers, distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to engineered marble
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, global engineered marble market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Global Engineered Marble Market, By Product Type:
- Solid Surface
- Engineered Quartz Stone
Global Engineered Marble Market, By Thickness:
- 10-12mm
- 12-15mm
- 15-18mm
- Above 18mm
Global Engineered Marble Market, By Mode of Application:
- Interior
- Exterior
Global Engineered Marble Market, By Distribution Channel:
- Store-based
- Non-store-based
Global Engineered Marble Market, By Application:
- Kitchen Countertops
- Facades
- Flooring
- Bathroom
- Others
Global Engineered Marble Market, By End User Industry:
- Commercial
- Residential
- Industrial
Global Engineered Marble Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Italy
- Russia
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global engineered marble market.
Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Falat Sang Asia Co
- Grupo Cosentino
- E I du Pont de Nemours and Company
- Compac Marble SA
- Caesarstone Ltd
- Hanwha L&C Corporation
- LG Hausys Ltd
- Herman Tile & Marble Ltd
- Johnson Marble & Quartz Ltd
- RK Marble Ltd