Onyx Stone Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Report
200 Pages
January 2024
Region: Global
Fairfield Market Research
ID: 5934507

Onyx stone, a parallel banded variety of silica mineral, is gaining prominence in various industries due to its unique characteristics and aesthetic appeal. Onyx stones are known for their parallel bands, and while they share similarities with agate stones, the key difference lies in their banding patterns. Onyx stones typically feature black or white colored bands and are also referred to as Cave Onyx and Mexican Onyx when they display controlled banding with alternating colors.

These stones are cryptocrystalline and comprise intergrowths of silica-based minerals like quartz and moganite. Sardonyx, a type of onyx, features bands in shades of red, in contrast to the more commonly found black banding. While black onyx is the most famous variety, artificial treatments are employed to achieve the characteristic black coloration of black onyx and the red and yellow coloration in sardonyx.

The onyx stone market is witnessing growth driven by several factors, including:

Rising Demand for Artificial Jewelry: The increasing importance of artificial jewelry, driven by the rising prices of gold and other gemstones, is fueling the onyx stone market. Artificial jewelry not only offers lower costs but also possesses aesthetic appeal and high resale value.
Interior Decoration: The booming construction industry, particularly the interior decoration segment, is a key driver of the onyx stone market. Increased spending on interior refurbishment in residential and commercial properties is contributing to market growth.

Despite these growth factors, the market faces challenges such as the presence of counterfeit/artificially produced stones and the availability of cheaper substitutes like marble with similar aesthetics.

Regional Outlook

In terms of regional dominance, Asia Pacific is expected to lead the onyx stone market, with China and India at the forefront. The region's preference for artificial jewelry, coupled with its cost-effectiveness, is driving market growth. North America and Europe are also expected to contribute significantly to the market, fueled by growth in the tourism industry and the demand for facilities such as hotels and serviced apartments.

Key Market Participants

Leading participants in the global onyx stone market include:

The Marble Factory
Ashland, Inc.
Xiamen Optimum Stone Co.
Project Stone Australia
Kalinga Stone
Custom Marble, Inc.
K K International
Jiya Crystal and Craft
Onyx Marble & Granite LLC
Mont Surfaces
Stone Design
Eskandari Stone
Marcolini Marmo SpA
Morjan Stone
UK Natural Stone Group
Marmi Vrech

Onyx Stone Market: Segmentation

Basis Of Color

Black
White
Red
Others

Basis Of Structure

Calcite
Quartz
Aragonite
Others

Basis Of Application

Artificial Jewelry
Interior Decoration
Stone Sculpture/Souvenirs
Others (Kitchen Tops, Stone Furniture, etc.)

Region:

North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordics)
Eastern Europe (Russia, Poland, CIS)
Asia-Pacific (China, India, ASEAN, South Korea)
Japan
Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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1. Executive Summary

1.1. Global Onyx Stone Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Onyx Stone Market Outlook, 2018 - 2031

3.1. Global Onyx Stone Market Outlook, by Color, Value (US$ Mn), 2018 - 2031
3.1.1. Key Highlights
3.1.1.1. Black
3.1.1.2. White
3.1.1.3. Red
3.1.1.4. Others
3.2. Global Onyx Stone Market Outlook, by Structure, Value (US$ Mn), 2018 - 2031
3.2.1. Key Highlights
3.2.1.1. Calcite
3.2.1.2. Quartz
3.2.1.3. Aragonite
3.2.1.4. Others
3.3. Global Onyx Stone Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
3.3.1. Key Highlights
3.3.1.1. Artificial Jewellery
3.3.1.2. Interior Decoration
3.3.1.3. Stone Sculpture/Souvenirs
3.3.1.4. Others (Kitchen Tops, Stone Furniture, etc.)
3.4. Global Onyx Stone Market Outlook, by Region, Value (US$ Mn), 2018 - 2031
3.4.1. Key Highlights
3.4.1.1. North America
3.4.1.2. Europe
3.4.1.3. Asia Pacific
3.4.1.4. Latin America
3.4.1.5. Middle East & Africa

4. North America Onyx Stone Market Outlook, 2018 - 2031

4.1. North America Onyx Stone Market Outlook, by Color, Value (US$ Mn), 2018 - 2031
4.1.1. Key Highlights
4.1.1.1. Black
4.1.1.2. White
4.1.1.3. Red
4.1.1.4. Others
4.2. North America Onyx Stone Market Outlook, by Structure, Value (US$ Mn), 2018 - 2031
4.2.1. Key Highlights
4.2.1.1. Calcite
4.2.1.2. Quartz
4.2.1.3. Aragonite
4.2.1.4. Others
4.3. North America Onyx Stone Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
4.3.1. Key Highlights
4.3.1.1. Artificial Jewellery
4.3.1.2. Interior Decoration
4.3.1.3. Stone Sculpture/Souvenirs
4.3.1.4. Others (Kitchen Tops, Stone Furniture, etc.)
4.3.2. BPS Analysis/Market Attractiveness Analysis
4.4. North America Onyx Stone Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
4.4.1. Key Highlights
4.4.1.1. U.S. Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
4.4.1.2. U.S. Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
4.4.1.3. U.S. Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
4.4.1.4. Canada Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
4.4.1.5. Canada Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
4.4.1.6. Canada Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
4.4.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Onyx Stone Market Outlook, 2018 - 2031

5.1. Europe Onyx Stone Market Outlook, by Color, Value (US$ Mn), 2018 - 2031
5.1.1. Key Highlights
5.1.1.1. Black
5.1.1.2. White
5.1.1.3. Red
5.1.1.4. Others
5.2. Europe Onyx Stone Market Outlook, by Structure, Value (US$ Mn), 2018 - 2031
5.2.1. Key Highlights
5.2.1.1. Calcite
5.2.1.2. Quartz
5.2.1.3. Aragonite
5.2.1.4. Others
5.3. Europe Onyx Stone Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
5.3.1. Key Highlights
5.3.1.1. Artificial Jewellery
5.3.1.2. Interior Decoration
5.3.1.3. Stone Sculpture/Souvenirs
5.3.1.4. Others (Kitchen Tops, Stone Furniture, etc.)
5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. Europe Onyx Stone Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
5.4.1. Key Highlights
5.4.1.1. Germany Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
5.4.1.2. Germany Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
5.4.1.3. Germany Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
5.4.1.4. U.K. Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
5.4.1.5. U.K. Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
5.4.1.6. U.K. Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
5.4.1.7. France Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
5.4.1.8. France Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
5.4.1.9. France Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
5.4.1.10. Italy Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
5.4.1.11. Italy Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
5.4.1.12. Italy Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
5.4.1.13. Turkey Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
5.4.1.14. Turkey Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
5.4.1.15. Turkey Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
5.4.1.16. Russia Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
5.4.1.17. Russia Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
5.4.1.18. Russia Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
5.4.1.19. Rest of Europe Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
5.4.1.20. Rest of Europe Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
5.4.1.21. Rest of Europe Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
5.4.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Onyx Stone Market Outlook, 2018 - 2031

6.1. Asia Pacific Onyx Stone Market Outlook, by Color, Value (US$ Mn), 2018 - 2031
6.1.1. Key Highlights
6.1.1.1. Black
6.1.1.2. White
6.1.1.3. Red
6.1.1.4. Others
6.2. Asia Pacific Onyx Stone Market Outlook, by Structure, Value (US$ Mn), 2018 - 2031
6.2.1. Key Highlights
6.2.1.1. Calcite
6.2.1.2. Quartz
6.2.1.3. Aragonite
6.2.1.4. Others
6.3. Asia Pacific Onyx Stone Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
6.3.1. Key Highlights
6.3.1.1. Artificial Jewellery
6.3.1.2. Interior Decoration
6.3.1.3. Stone Sculpture/Souvenirs
6.3.1.4. Others (Kitchen Tops, Stone Furniture, etc.)
6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. Asia Pacific Onyx Stone Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
6.4.1. Key Highlights
6.4.1.1. China Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
6.4.1.2. China Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
6.4.1.3. China Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
6.4.1.4. Japan Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
6.4.1.5. Japan Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
6.4.1.6. Japan Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
6.4.1.7. South Korea Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
6.4.1.8. South Korea Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
6.4.1.9. South Korea Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
6.4.1.10. India Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
6.4.1.11. India Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
6.4.1.12. India Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
6.4.1.13. Southeast Asia Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
6.4.1.14. Southeast Asia Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
6.4.1.15. Southeast Asia Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
6.4.1.16. Rest of Asia Pacific Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
6.4.1.17. Rest of Asia Pacific Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
6.4.1.18. Rest of Asia Pacific Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Onyx Stone Market Outlook, 2018 - 2031

7.1. Latin America Onyx Stone Market Outlook, by Color, Value (US$ Mn), 2018 - 2031
7.1.1. Key Highlights
7.1.1.1. Black
7.1.1.2. White
7.1.1.3. Red
7.1.1.4. Others
7.2. Latin America Onyx Stone Market Outlook, by Structure, Value (US$ Mn), 2018 - 2031
7.2.1.1. Calcite
7.2.1.2. Quartz
7.2.1.3. Aragonite
7.2.1.4. Others
7.3. Latin America Onyx Stone Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
7.3.1. Key Highlights
7.3.1.1. Artificial Jewellery
7.3.1.2. Interior Decoration
7.3.1.3. Stone Sculpture/Souvenirs
7.3.1.4. Others (Kitchen Tops, Stone Furniture, etc.)
7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Latin America Onyx Stone Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
7.4.1. Key Highlights
7.4.1.1. Brazil Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
7.4.1.2. Brazil Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
7.4.1.3. Brazil Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
7.4.1.4. Mexico Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
7.4.1.5. Mexico Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
7.4.1.6. Mexico Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
7.4.1.7. Argentina Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
7.4.1.8. Argentina Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
7.4.1.9. Argentina Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
7.4.1.10. Rest of Latin America Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
7.4.1.11. Rest of Latin America Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
7.4.1.12. Rest of Latin America Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Onyx Stone Market Outlook, 2018 - 2031

8.1. Middle East & Africa Onyx Stone Market Outlook, by Color, Value (US$ Mn), 2018 - 2031
8.1.1. Key Highlights
8.1.1.1. Black
8.1.1.2. White
8.1.1.3. Red
8.1.1.4. Others
8.2. Middle East & Africa Onyx Stone Market Outlook, by Structure, Value (US$ Mn), 2018 - 2031
8.2.1. Key Highlights
8.2.1.1. Calcite
8.2.1.2. Quartz
8.2.1.3. Aragonite
8.2.1.4. Others
8.3. Middle East & Africa Onyx Stone Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
8.3.1. Key Highlights
8.3.1.1. Artificial Jewellery
8.3.1.2. Interior Decoration
8.3.1.3. Stone Sculpture/Souvenirs
8.3.1.4. Others (Kitchen Tops, Stone Furniture, etc.)
8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Middle East & Africa Onyx Stone Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
8.4.1. Key Highlights
8.4.1.1. GCC Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
8.4.1.2. GCC Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
8.4.1.3. GCC Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
8.4.1.4. South Africa Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
8.4.1.5. South Africa Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
8.4.1.6. South Africa Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
8.4.1.7. Egypt Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
8.4.1.8. Egypt Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
8.4.1.9. Egypt Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
8.4.1.10. Nigeria Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
8.4.1.11. Nigeria Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
8.4.1.12. Nigeria Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
8.4.1.13. Rest of Middle East & Africa Onyx Stone Market by Color, Value (US$ Mn), 2018 - 2031
8.4.1.14. Rest of Middle East & Africa Onyx Stone Market by Structure, Value (US$ Mn), 2018 - 2031
8.4.1.15. Rest of Middle East & Africa Onyx Stone Market by Application, Value (US$ Mn), 2018 - 2031
8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. By Application vs by Structure Heat map
9.2. Manufacturer vs by Structure Heatmap
9.3. Company Market Share Analysis, 2023
9.4. Competitive Dashboard
9.5. Company Profiles
9.5.1. The Marble Factory
9.5.1.1. Company Overview
9.5.1.2. Product Portfolio
9.5.1.3. Financial Overview
9.5.1.4. Business Strategies and Development
9.5.2. Xiamen Optimum Stone Co.
9.5.3. Project Stone Australia
9.5.4. Kalinga Stone
9.5.5. Custom Marble, Inc.
9.5.6. K K International
9.5.7. Jiya Crystal and Craft
9.5.8. Onyx Marble & Granite LLC
9.5.9. Mont Surfaces
9.5.10. Stone Design
9.5.11. Eskandari Stone
9.5.12. Marcolini Marmo SpA
9.5.13. Morjan Stone
9.5.14. UK Natural Stone Group
9.5.15. Marmi Vrech

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

The Marble Factory
Xiamen Optimum Stone Co.
Project Stone Australia
Kalinga Stone
Custom Marble, Inc.
K K International
Jiya Crystal and Craft
Onyx Marble & Granite LLC
Mont Surfaces
Stone Design
Eskandari Stone
Marcolini Marmo SpA
Morjan Stone
UK Natural Stone Group
Marmi Vrech

Methodology

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Regional Outlook

Key Market Participants

Onyx Stone Market: Segmentation

Basis Of Color

Basis Of Structure

Basis Of Application

Region:

Table of Contents

Companies Mentioned (Partial List)

Methodology

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