(MENAFN- EIN Presswire) EINPresswire/ -- The global marble market size was valued at USD 69,520.45 Million in 2024. The market is projected to grow from USD 73,026.46 Million in 2025 to USD 93,526.35 Million by 2032 at a CAGR of 3.78% during the forecast period.

Marble is a metamorphic rock composed mainly of recrystallized carbonate minerals, typically calcite or dolomite. It forms when limestone undergoes intense heat and pressure, transforming its structure. Renowned for its beauty and durability, marble has a wide range of uses. It is extensively employed in architecture and sculpture, enhancing buildings, monuments, and artworks. In interior design, it is favored for countertops, flooring, and decorative features. Additionally, marble is used in furniture production and luxury items. However, despite its elegance, it demands careful maintenance because of its porous nature and vulnerability to acidic substances.

Fortune Business InsightsTM mentioned this in a report titled“Marble Market Size, Share and Report, 2025-2032.”

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Report Scope:
♦ Market Size Value in 2025: $ 73,026.46 Mn
♦ Market Size Value in 2032: $ 93,526.35 Mn
♦ Growth Rate: CAGR of 3.78% (2025-2032)
♦ Base Year: 2023
♦ Historical Data: 2019-2022
♦ Years Considered for the Study: 2019-2032

♦ Segments Covered: By Color (White, Black, Yellow, Red, and Others), By Application (Building & Construction, Statues & Monuments, Furniture, and Others).
Segmentation Analysis:

Segmentation:

White Color Captured Largest Market Share Due to its Widespread Adoption in Building and Construction Projects
Based on color, the market is classified into white, black, yellow, red, and others. The white color segment captured the largest marble market share in 2023 and is projected to grow significantly in the coming future. This growth is influenced by its widespread adoption in building and construction projects in flooring, walls, and countertops, driven by its durability and aesthetic appeal.

Building & Construction Dominated Market Due to Durability and Aesthetic Appeal of Marble
Based on application, the market is segmented into building & construction, statues & monuments, furniture, and others. The building & construction segment accounted for the largest share of the market in 2023. This growth can be attributed to its properties, such as durability, aesthetic appeal, and versatility as a building material.

With respect to region, the market covers North America, Latin America, Europe, the Asia Pacific, and the Middle East & Africa.

Report Coverage:
The report has conducted a detailed study of the market and highlighted several critical areas, such as leading applications, colors, and key market players. It has also focused on the latest market trends and key industry developments. Apart from the aforementioned factors, the report has given information on many other factors that have helped the market grow.

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List of Key Players Present in the Report:
. Levantina y Asociados de Minerales, S.A. (Spain)
. Polycor Inc. (Canada)
. Daltile (U.S.)
. Temmer Mermer (Turkey)
. Antolini Luigi & CSpa (Italy)
. TOPALIDIS S.A. (Greece)
. Dimpomar (Portugal)
. Fox Marble, Inc (U.K.)
. Kangli Stone Group (China)
. Best Cheer Stone (U.S.)

Drivers and Restraints:
Increasing Need for Sustainable Construction to Fuel Market Expansion
Marble, being a renewable resource, can be extracted with reduced carbon emissions when sourced properly. Its longevity is also a contributing factor supporting sustainable construction. Buildings and structures made from this material necessitate less maintenance and tend to have extended lifespans in comparison to those constructed with less durable materials. This durability property also minimizes the requirement for frequent replacements and lowers wastage, appealing to sustainable construction. These factors contribute to the overall marble market growth.

Regional Insights:
Europe Held Dominant Market Share Due to Product's Historical and Cultural Significance
The European region held the dominant market share, generating a value of USD 31.08 billion in 2023. The region's growth can be attributed to the historical and cultural significance of the product and its application in high-end construction and design.
The North American region is expected to witness growth. Residential and commercial construction activities in the region significantly contribute to its market growth.

Competitive Landscape:
Major Players to Focus on Price, Quality, and Variety of Marble Types Offered to Maintain Their Competitiveness in Market
Some of the major players operating in this market are Levantina y Asociados de Minerales SA, Polycor Inc., Daltile, Temmer Merme, and Antolini Luigi & CSpa. The market is characterized by fragmentation with several players of different sizes, from local quarry operations to large, vertically integrated companies. The market is highly competitive and based on factors such as price, quality, variety, and value-added services.

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Recent Major Developments in the Market
. May 2023: Polycor Inc. acquired ROCAMAT, a leading French natural stone producer with 30 limestone quarries and four processing plants, expanding Polycor's growth opportunities in France.
. 2022: Antolini Luigi & Cspa launched Azerocare Plus, a protective treatment for onyx, marble, soft quartzite, and travertine, offering stain and acid-resistance in LEATHER and MATT finishes.

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