GITNUX MARKETDATA REPORT 2024
Artificial Marble Industry Statistics
The artificial marble industry is experiencing steady growth worldwide, driven by increasing demand for decorative and durable building materials.
In this post, we will explore key statistics and trends in the artificial marble industry, shedding light on market projections, regional dominance, usage patterns, production volumes, and revenue forecasts. With data indicating steady growth and evolving preferences in applications, the artificial marble market presents intriguing opportunities for stakeholders to navigate.
Statistic 1
"The Artificial Marble market is expected to grow at a CAGR of 5.0% (2021-2026)."
Statistic 2
"Asia-Pacific region is expected to dominate the artificial marble market share."
Statistic 3
"Artificial Marbles are primarily used in Commercial Buildings(59% market share) followed by Residential Buildings(33%)."
Statistic 4
"The production volume of artificial marble in China was over 16 million square meters in 2017."
Statistic 5
"The demand for artificial marble in the United States is expected to rise at an annual rate of 7.6% till 2024."
Statistic 6
"The market for artificial marble is anticipated to generate over $10 billion by 2027."
Statistic 7
"In 2020, the North American market for artificial marble market size was valued at USD 1,720.9 million."
Statistic 8
"The cement artificial marble segment is anticipated to grow at a CAGR of 5.1% during the forecast period."
Statistic 9
"The polyester artificial marble segment accounted for 78% of the total market in terms of share in 2019."
Statistic 10
"In terms of application, flooring segment held a market share of 43.2% in 2019."
Statistic 11
"The Kitchen Countertops will account for an estimated share 30% of global demand in 2021."
Statistic 12
"Revenue of the global Artificial Marble market is projected to register nearly 5.1% CAGR during 2021-2027."
Statistic 13
"Tiles occupy nearly 32.9% of the artificial marble industry in 2017."
Statistic 14
"Artificial marble is expected to register a CAGR of more than 10% during the forecast period of 2021-2026."
Jannik Lindner
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