NEW YORK, March 13, 2023 (GLOBE NEWSWIRE) — IndexBox, a leading market research firm, has “The World’s Granite Building Stones – Analysis, Forecasts, Scale, Trends and Insights”The report offers a comprehensive analysis of the global granite building stone market, including its current status and future prospects.
As part of the report, IndexBox offers trial access to market data available on its platform. This report provides market forecasts through 2030 and considers key drivers, challenges, and factors influencing demand. The report also provides an overview of the major consumption industries and their impact on the industry, the largest markets and their growth prospects.
According to the report, the global granite building stone market is expected to grow steadily over the forecast period. Key growth drivers include increasing demand for durable and aesthetic building materials and growing construction industry in developing countries.
Despite the market growth prospects, the report also highlights several challenges facing the industry. One of the key challenges is the high cost of granite. This may make it less accessible for some consumers. In addition, the availability of cheaper alternative materials such as artificial stone and porcelain may also affect the demand for granite building stone.
Despite these challenges, the report projects steady growth for the global granite building stone market, with a compound annual growth rate (CAGR) of 3.2% expected between 2022 and 2030. increase.
Factors influencing demand include the preference for natural stone over man-made alternatives and the growing popularity of granite for landscaping and outdoor applications. The report also provides an overview of major consuming industries such as construction, landscaping, and monuments industries.
Currently, the largest market for granite building stone is China, where strong growth is expected due to the country’s rapidly growing construction industry. Key statistics of the report include market size, production volume, import and export data. The report also includes the names of the largest manufacturers in the industry.
IndexBox CEO Aleksandr Romanenko said: An opportunity to experience first-hand the quality of our market data. ”
This report is available for purchase on the IndexBox website at: https://www.indexbox.io/store/world-granite-building-stone-market-analysis-forecast-size-trends-and-insights/
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