Market Overview:
The global marble cladding market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for marble cladding in residential and commercial buildings across the globe. Additionally, rising awareness about the benefits of using natural stones in construction is also propelling the growth of this market. On the basis of type, panel type is expected to lead the global marble cladding market with a share of more than 50% by 2030. This can be attributed to its easy installation and low maintenance requirements as compared to other types of marble cladding products such as sheet type and brickwork type. On account of its growing popularity among end-users, panel type is projected register a CAGR higher than 6% during 2018-2030. Based on application, commercial buildings are anticipated exhibit highest growth rate over 2018-2030 owing increasing number new constructions taking place across developed economies such as U.S.
Product Definition:
Marble cladding is a type of finish that can be applied to walls or other surfaces. It involves covering the surface with thin pieces of marble, which are then glued in place. Marble cladding can be used to create a variety of different looks, and it is often used in high-end homes and buildings.
Panel Type:
Marble cladding is a wall covering made of marble, which is available in various colors and sizes. It's used to provide protection to the exterior walls from extreme temperature conditions, UV radiations and harmful environmental elements like acid rain, smoke particles and pollution. The product also provides an elegant look to the building structure due to its natural appearance.
Sheet Type:
Marble cladding is a walling material made from marble, which is composed of calcium carbonate. The marble sheets are fixed together with the help of cement and an adhesive agent. The choice of adhesive largely depends on the type of surface to be covered, for example; poly-urethane would be used for wooden surfaces and silicone based adhesives would be used on glass or metal surfaces.
Application Insights:
The residential buildings segment accounted for the largest share of more than 50.0% in 2017 and is projected to witness significant growth over the forecast period. Increasing urbanization along with rising disposable income levels in developing countries such as China, India, and Brazil is expected to drive the demand for modern housing designs that incorporate natural stone cladding materials.
The commercial buildings application segment was valued at USD 544.3 million in 2017.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of volume owing to rapid growth in construction industry coupled with increasing investments from foreign players.
The demand for marbles from Asia Pacific was majorly driven by China, which accounted for a share of more than 50% owing to large-scale production and consumption across various applications. In addition, growing tourism sector has led to an increase in commercial buildings such as hotels, restaurants, shops and other similar establishments across countries such as Thailand and Malaysia; this trend is projected to drive the product demand further over the forecast period.
Europe emerged as one of the significant consumers due to high acceptance levels coupled with aesthetic appeal offered by natural stones used predominantly for cladding work on residential buildings including single-family houses along with offices, hotels etc.; these factors are likely going contribute towards increased product adoption over next eight years.
Growth Factors:
- Increasing demand for natural stone in construction industry
- Rising disposable income of the consumers
- Changing lifestyle and growing awareness about the benefits of using marble cladding
- Technological advancements in the manufacturing process of marble cladding
- Growing popularity of marble cladding among architects and interior designers
Scope Of The Report
Report Attributes
Report Details
Report Title
Marble Cladding Market Research Report
By Type
Panel Type, Sheet Type, Brickwork Type
By Application
Residential Buildings, Commercial Buildings
By Companies
Stone panels, Hofmann Naturstein, COMPAC, Classuno, LPM, Dolmen Granit, Levantina
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Marble Cladding Market Report Segments:
The global Marble Cladding market is segmented on the basis of:
Types
Panel Type, Sheet Type, Brickwork 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
Residential Buildings, Commercial Buildings
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:
- Stone panels
- Hofmann Naturstein
- COMPAC
- Classuno
- LPM
- Dolmen Granit
- Levantina
Highlights of The Marble Cladding 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:
- Panel Type
- Sheet Type
- Brickwork Type
- By Application:
- Residential Buildings
- Commercial Buildings
- 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 Cladding 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 cladding is a type of exterior wall covering made from marble. It is often used on high-end residential and commercial buildings.
Some of the key players operating in the marble cladding market are Stone panels, Hofmann Naturstein, COMPAC, Classuno, LPM, Dolmen Granit, Levantina.
The marble cladding market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Marble Cladding Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Marble Cladding Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Marble Cladding Market - Supply Chain
4.5. Global Marble Cladding Market Forecast
4.5.1. Marble Cladding Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Marble Cladding Market Size (000 Units) and Y-o-Y Growth
4.5.3. Marble Cladding Market Absolute $ Opportunity
5. Global Marble Cladding Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Marble Cladding Market Size and Volume Forecast by Type
5.3.1. Panel Type
5.3.2. Sheet Type
5.3.3. Brickwork Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Marble Cladding Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Marble Cladding Market Size and Volume Forecast by Application
6.3.1. Residential Buildings
6.3.2. Commercial Buildings
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Marble Cladding Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Marble Cladding Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Marble Cladding Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Marble Cladding Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Marble Cladding Demand Share Forecast, 2019-2026
9. North America Marble Cladding Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Marble Cladding Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Marble Cladding Market Size and Volume Forecast by Application
9.4.1. Residential Buildings
9.4.2. Commercial Buildings
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Marble Cladding Market Size and Volume Forecast by Type
9.7.1. Panel Type
9.7.2. Sheet Type
9.7.3. Brickwork Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Marble Cladding Demand Share Forecast, 2019-2026
10. Latin America Marble Cladding Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Marble Cladding Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Marble Cladding Market Size and Volume Forecast by Application
10.4.1. Residential Buildings
10.4.2. Commercial Buildings
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Marble Cladding Market Size and Volume Forecast by Type
10.7.1. Panel Type
10.7.2. Sheet Type
10.7.3. Brickwork Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Marble Cladding Demand Share Forecast, 2019-2026
11. Europe Marble Cladding Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Marble Cladding Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Marble Cladding Market Size and Volume Forecast by Application
11.4.1. Residential Buildings
11.4.2. Commercial Buildings
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Marble Cladding Market Size and Volume Forecast by Type
11.7.1. Panel Type
11.7.2. Sheet Type
11.7.3. Brickwork Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractivness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Marble Cladding Demand Share, 2019-2026
12. Asia Pacific Marble Cladding Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Marble Cladding Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Marble Cladding Market Size and Volume Forecast by Application
12.4.1. Residential Buildings
12.4.2. Commercial Buildings
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Marble Cladding Market Size and Volume Forecast by Type
12.7.1. Panel Type
12.7.2. Sheet Type
12.7.3. Brickwork Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Marble Cladding Demand Share, 2019-2026
13. Middle East & Africa Marble Cladding Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Marble Cladding Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Marble Cladding Market Size and Volume Forecast by Application
13.4.1. Residential Buildings
13.4.2. Commercial Buildings
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Marble Cladding Market Size and Volume Forecast by Type
13.7.1. Panel Type
13.7.2. Sheet Type
13.7.3. Brickwork Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Marble Cladding Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Marble Cladding Market: Market Share Analysis
14.2. Marble Cladding Distributors and Customers
14.3. Marble Cladding Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Stone panels
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hofmann Naturstein
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. COMPAC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Classuno
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LPM
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dolmen Granit
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Levantina
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
