Market Overview:
The global marble cutters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for marble in household and commercial applications. In terms of type, the manual type segment is expected to dominate the market during the forecast period, owing to its low cost and easy operability. However, with technological advancements, electric type is expected to grow at a higher CAGR than manual type during the forecast period.
Product Definition:
Marble Cutters are used to cut and shape marble. They are important because they allow for the creation of intricately designed marble pieces.
Manual Type:
Marble cutters are used in numerous applications such as commercial, residential and industrial. The marble market is witnessing significant growth on account of increasing demand from construction sector. Growth of marble cutters market is directly proportional to the growth of the global construction industry. Increasing infrastructural developments across the globe has led to a rise in demand for these machines, which are highly efficient for cutting hard surfaces such as marble and granite into precise shapes and sizes.
Electric Type:
Electric type is used in marble cutters for removing dust from the marble surface. It creates vacuum by using electric current and magnetic field, which attracts dust particles to the surface of marble. After that, they are collected through filter or bag.
Marble cutters use this equipment to make sure that no foreign particle remains on the surface of marble after polishing process is done.
Application Insights:
The commercial use segment dominated the global market with a revenue share of more than 60% in 2017. Increasing construction activities across the globe are expected to boost product demand in this application segment over the forecast period. The household application is projected to witness significant growth over the next six years owing to rising disposable income among consumers, especially in emerging economies including China and India. Rising housing ownership rates coupled with increasing urbanization are anticipated to drive product demand for kitchen countertops and flooring applications, thereby supporting segment growth during the forecast period.
Rising awareness regarding superior aesthetics along with functional benefits of natural stone materials has been driving their usage for new construction as well as renovation projects across residential spaces such as bathrooms and kitchen tops around the globe.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of marble cutters manufacturers, which drives down the average selling price of each product. However, rising disposable income levels coupled with growing consumer awareness regarding luxury lifestyle are likely to drive demand for high-end products in this region.
North America accounted for a significant share of revenue in 2017 owing to increasing popularity among consumers for using natural stone products such as marble and granite instead of synthetic ones such as engineered stone and glass composite materials. Moreover, growing preference towards eco-friendly materials is projected to further fuel regional growth during the forecast period.
Growth Factors:
- Increasing demand for marble in construction industry
- Rising income levels of the population
- Growing popularity of marble flooring and countertops
- Technological advancements in marble cutting tools and equipment
- Government initiatives to promote use of natural stones in construction
Scope Of The Report
Report Attributes
Report Details
Report Title
Marble Cutters Market Research Report
By Type
Manual Type, Electric Type
By Application
Household, Commercial Use
By Companies
Bosch, FERM, RUBI, PEDRINI S.p.A., Josch Group, Bosch
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Marble Cutters Market Report Segments:
The global Marble Cutters market is segmented on the basis of:
Types
Manual Type, Electric Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bosch
- FERM
- RUBI
- PEDRINI S.p.A.
- Josch Group
- Bosch
Highlights of The Marble Cutters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Manual Type
- Electric Type
- By Application:
- Household
- Commercial Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Marble Cutters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Marble cutters are a type of tool used to remove the surface of marble or other hard stones. They are typically made from metal, and have a series of sharp blades that slice through the stone.
Some of the major companies in the marble cutters market are Bosch, FERM, RUBI, PEDRINI S.p.A., Josch Group, Bosch.
The marble cutters market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Marble Cutters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Marble Cutters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Marble Cutters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Marble Cutters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Marble Cutters Market Size & Forecast, 2018-2028
4.5.1 Marble Cutters Market Size and Y-o-Y Growth
4.5.2 Marble Cutters Market Absolute $ Opportunity
Chapter 5 Global Marble Cutters Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Marble Cutters Market Size Forecast by Type
5.2.1 Manual Type
5.2.2 Electric Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Marble Cutters Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Marble Cutters Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Marble Cutters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Marble Cutters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Marble Cutters Analysis and Forecast
9.1 Introduction
9.2 North America Marble Cutters Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Marble Cutters Market Size Forecast by Type
9.6.1 Manual Type
9.6.2 Electric Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Marble Cutters Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Marble Cutters Analysis and Forecast
10.1 Introduction
10.2 Europe Marble Cutters Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Marble Cutters Market Size Forecast by Type
10.6.1 Manual Type
10.6.2 Electric Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Marble Cutters Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Marble Cutters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Marble Cutters Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Marble Cutters Market Size Forecast by Type
11.6.1 Manual Type
11.6.2 Electric Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Marble Cutters Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Marble Cutters Analysis and Forecast
12.1 Introduction
12.2 Latin America Marble Cutters Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Marble Cutters Market Size Forecast by Type
12.6.1 Manual Type
12.6.2 Electric Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Marble Cutters Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Marble Cutters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Marble Cutters Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Marble Cutters Market Size Forecast by Type
13.6.1 Manual Type
13.6.2 Electric Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Marble Cutters Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Marble Cutters Market: Competitive Dashboard
14.2 Global Marble Cutters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 FERM
14.3.3 RUBI
14.3.4 PEDRINI S.p.A.
14.3.5 Josch Group
14.3.6 Bosch
