Global Stone Flooring Market to Grow at 7.6% CAGR by 2027

The global stone flooring market size reached US$ 9.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 15.0 Billion by 2027, exhibiting a growth rate (CAGR) of 7.6% during 2022-2027.

Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Stone flooring refers to a kind of flooring that is made by using natural solid rocks. The rocks are cut into blocks and further processed to get the desired shape and polish. Some of the commonly used stones for flooring applications include slate, marble, limestone, and granite. These stones are primarily utilized in floor assemblies for offering improved sheer resistance, high strength, enhanced rigidity, etc. As a result, stone flooring is widely adopted to construct and renovate various residential, commercial, and industrial complexes.

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Significant growth in the construction sector, along with the increasing demand for aesthetically appealing flooring, is propelling the global market. Furthermore, the elevating levels of urbanization and improving consumer living standards have increased the per capita expenditures on high-quality and premium stones, such as marble and ceramic. Additionally, the growing construction of numerous commercial buildings, including hotels, theaters, corporate offices, retail centers, etc., is also augmenting the market for store flooring. Besides this, the emergence of innovative product variants with lower volatile organic compound (VOC) emissions, stain and fire-resistance, and anti-slippage properties will continue to drive the market for stone flooring in the coming years.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Stone Flooring Market 2022-2027 Analysis and Segmentation:

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The report has segmented the market on the basis of Raw Material, Flooring Type, Colour, Finished Product, Application and Region.

Breakup by Raw Material:

Granite
Marble
Limestone
Sandstone
Slate
Others

Breakup by Flooring Type:

Natural
Artificial

Breakup by Colour:

White and Black
Beige and Grey
Green
Others

Breakup by Finished Product:

Tiles
Slabs

Breakup by Application:

Residential
Non-Residential

Breakup by Region:

North America
Asia Pacific
Europe
Latin America
Middle East and Africa

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