Market Size of Marble Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 20.81 Billion |
Market Size (2029) | USD 26.07 Billion |
CAGR (2024 - 2029) | 4.61 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Marble Market Analysis
The Marble Market size is estimated at USD 20.81 billion in 2024, and is expected to reach USD 26.07 billion by 2029, growing at a CAGR of 4.61% during the forecast period (2024-2029).
The COVID-19 pandemic negatively impacted the marble market in 2020. However, the market has now been estimated to have reached pre-pandemic levels and is expected to grow steadily in the coming years.
- Over the short term, the rapid growth in the construction industry is expected to drive the demand for marble worldwide.
- However, the health hazard related to marble dust that causes abrasion and irritation to the skin is likely to hinder the market's growth.
- Nevertheless, the growing use of marble slabs and powder will likely create lucrative growth opportunities for the global market soon.
- Asia-Pacific dominated the market worldwide, with the most significant consumption from countries such as China and India.