Regional Analysis
Natural Stone Slab Market Regional Insights:
- North America is expected to be the largest market for natural stone slab during the forecast period, accounting for over 35% of the market share in 2023. The growth of the market in North America is attributed to rising spending on home remodeling and growth in residential construction.
- The Asia Pacific market is expected to be the second-largest market for natural stone slab, accounting for over 25% of the market share in 2023. The growth of the market in is attributed to rapid urbanization and increasing construction activities in emerging economies.
- The Middle East & Africa market is expected to be the fastest-growing market for natural stone slab, with a CAGR of over 20% during the forecast period. The growth of the market in the Middle East & Africa is attributed to the increasing application in mausoleums, monuments.
Figure 1. Global Natural Stone Slab Market Share (%), by Region, 2023
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Geographies covered: |
- North America: U.S. and Canada
- Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
- Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
- Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
- Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa and Rest of Middle East
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