STONE FLOORING MARKET - GROWTH, TRENDS, AND FORECAST (2019 - 2024)

The Stone Flooring Market is segmented by Product, Application, and Geography.

Market Snapshot

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Study Period:

2015-2024

Base Year:

2018

Fastest Growing Market:

Asia Pacific

Largest Market:

North America

CAGR:

6%

Key Players:

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Market Overview

Stone flooring is a type of flooring made from natural solid rocks. These rocks are cut into slabs and sent to processing plants to get them shaped and polished. Limestone, granite, marble, and slate are some common rocks used for stone flooring. These stone floors are usually used to create landmark buildings, such as renowned cathedrals, churches, and tombs across the world. The stones are generally obtained by open pit mining.

  • Common types of natural stone flooring, include slate, marble, limestone, travertine, granite, and sandstone, each of which has slightly different properties.
  • The market studied is growing rapidly, owing to the increasing construction, renovation, and retrofitting activities.
  • Demand for stone floors is growing in the construction industry, as it is available in various colors and sizes and can be used as a decorative tool for both commercial and residential purposes.
  • The increase in the purchase of aesthetically appealing products is also projected to fuel the growth of the stone flooring market in the next few years.

Scope of the Report

A complete background analysis of the stone flooring market, including the assessment of the economy and contribution of the sectors in the economy, market overview, market size estimation for key segments and emerging trends in the market segments, market dynamics and insights, and key statistics, is covered in the report.

By Product
Limestone
Sandstone
Travertine Stone
Slate
Granite
Marble
By Application
Residential
Commercial
Geography
North America
South America
Asia-Pacific
Middle East & Africa
Europe

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Key Market Trends

The Residential Segment is the Largest Application Segment

The stone flooring market is categorized into commercial and residential applications.

The residential segment is projected to lead the market, due to increasing demand for home renovation and an increasing number of buildings for residential purposes.

 

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Asia-Pacific is Expected to Dominate the Market

The Asia-Pacific region is expected to dominate the stone flooring market during the forecast period, owing to rising real estate industry and developing infrastructure activities. In the last few decades, the region witnessed a rising demand for residential and non-residential buildings, due to the increasing urbanization and industrialization in the region.

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Competitive Landscape

The report covers major international players operating in the stone flooring market. In terms of market share, few of the major players currently dominate the market. However, demand is driven by consumer income. Large companies compete through volume purchasing, breadth of products, and effective merchandising and marketing. Small companies focus on a market segment and compete through the depth of products and superior customer service.

Major Players

  1. Stone Source
  2. Templeton Floor Company
  3. Arcat
  4. Old World Stone Imports
  5. Emser Tile

* Complete list of players covered available in the table of contents below

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Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Key Deliverables of the Study

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Drivers

    3. 4.3 Restraints

    4. 4.4 Opportunities

    5. 4.5 Challenges

    6. 4.6 Trends Influencing the Stone Flooring Market

    7. 4.7 Value Chain Analysis of the Stone Flooring Market

    8. 4.8 Porter's Five Forces Analysis

    9. 4.9 Technological Innovations

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product

      1. 5.1.1 Limestone

      2. 5.1.2 Sandstone

      3. 5.1.3 Travertine Stone

      4. 5.1.4 Slate

      5. 5.1.5 Granite

      6. 5.1.6 Marble

    2. 5.2 By Application

      1. 5.2.1 Residential

      2. 5.2.2 Commercial

    3. 5.3 Geography

      1. 5.3.1 North America

      2. 5.3.2 South America

      3. 5.3.3 Asia-Pacific

      4. 5.3.4 Middle East & Africa

      5. 5.3.5 Europe

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Stone Source

      2. 6.1.2 Templeton Floor Company

      3. 6.1.3 Farmington

      4. 6.1.4 Arcat

      5. 6.1.5 OWSI Flooring & Design

      6. 6.1.6 Island Stone

      7. 6.1.7 Emser Tile

      8. 6.1.8 Universal Marble & Granite Group Ltd

      9. 6.1.9 BC Stone

    2. *List Not Exhaustive
  7. 7. INVESTMENT ANALYSIS ON THE STONE FLOORING MARKET

  8. 8. MARKET OPPORTUNITIES AND FUTURE TRENDS

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