PUBLISHER: Polaris Market Research | PRODUCT CODE: 1786928
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1786928
The granite market size is expected to reach USD 6.63 Billion by 2034, according to a new study by Polaris Market Research. The report "Granite Market Share, Size, Trends, Industry Analysis Report: By Product (Granite Slabs, Granite Tiles, and Other Products), By Application, By End User, and By Region; Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Granite is used as a structural and decorative material in residential, commercial, and infrastructure projects. Its strength, visual appeal, and durability make it suitable for use in countertops, flooring, monuments, cladding, and outdoor landscaping.
Growing demand for sustainable, long-lasting building materials and increasing infrastructure development across emerging economies are driving market growth. Granite also supports low-maintenance construction solutions, making it an increasingly preferred material in real estate and urban redevelopment construction activities.
Based on product, the granite slabs segment dominated the revenue share in 2024, driven by widespread use in high-volume construction projects and rising demand for seamless surface applications in kitchens, floors, and cladding systems.
In terms of end user, the infrastructural sector is projected to grow the fastest, supported by rising public and private investments in durable, aesthetically uniform materials for urban development.
Asia Pacific held the largest revenue share in 2024, owing to active quarrying operations, competitive labor costs, and strong construction demand in emerging economies.
North America is poised for significant expansion, fueled by consistent demand in residential renovations, commercial construction, and landscape design sectors.
A few global key market players include Levantina y Asociados de Minerales, S.A., Pokarna Limited, Classic Marble Company, Antolini Luigi & C. S.p.A., Polycor Inc., Aro Granite Industries Ltd., Temmer Marble, Hilltop Granites, Rajasthan Granite & Stone, Mumal Marbles Pvt. Ltd., SMG Stone Pty Ltd, and Amso International Srl.
Polaris Market Research has segmented the market report on the basis of product, application, end user, and region:
By Product Outlook (Revenue, USD Billion, 2020-2034)
Granite Slabs
Granite Tiles
Other Products
By Application Outlook (Revenue, USD Billion, 2020-2034)
Monuments
Floors
Paths and Patios
Cladding and Building Blocks
Kitchen Worktops
Other Application
By End User Outlook (Revenue, USD Billion, 2020-2034)
Residential
Commercial
Industrial
Infrastructural
By Regional Outlook (Revenue, USD Billion, 2020-2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America