NATURAL STONE SLAB MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Natural Stone Slab Market, By Type (Marble, Granite, Limestone, Sandstone, Slate, Quartzite, Others), By Application (Flooring, Memorial Arts, Wall Cladding, Worktops, Monuments, Other), By End User (Residential, Commercial, Hotels & Restaurants, Offices, Educational Institutes, Temples & Churches, Others), By Distribution Channel (Online, Offline), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

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

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