Editor’s Note
This analysis projects steady growth for the global natural stone and marble market, driven by its enduring applications in construction and design. The Asia Pacific region is highlighted as the dominant market force.
The global natural stone and marble market size was valued at USD 3.58 billion in 2025 and is projected to grow from USD 3.74 billion in 2026 to USD 5.38 billion by 2034, exhibiting a CAGR of 4.60% during the forecast period. Asia Pacific dominated the natural stone and marble market with a market share of 54.90% in 2025.
Natural stones have been utilized for a considerable time in the construction and building industry, as well as in monumental and decorative uses. Traditionally, the market has been led by the developed nations of Europe and North America. However, given the current situation, the Asia Pacific region now dominates the market. The global construction industry’s preference for natural stone and marble is primarily driven by their aesthetic appeal and remarkable durability. Companies that supply natural stones are looking into expanding their production capacities to prepare for future challenges. Aro Granite Industries Ltd., Dimpomar, Dermitzakis Bros S.A., and MARGRAF are the key players operating in the market.
Downturn in Public and Private Construction Activities Hindered Global Market
The emergence of the COVID-19 pandemic significantly affected nearly every sector, including the natural stones sector. The natural stone industry experienced a sharp decline due to lockdown measures, social distancing protocols, and the suspension of construction activities worldwide. This resulted in delays in completing construction projects, which led to increased costs and diminished profit margins. Construction companies at all levels encountered serious liquidity challenges. The restricted or complete halt of stone transportation from quarries to processing or construction sites adversely affected the entire stone industry’s supply chain.
Throughout the pandemic, the interruptions in quarry operations resulted in inconsistent stone production, further weakening the resilience of the entire supply chain. The drop in construction activities led to a marked decrease in demand for all stone types. However, with the relief initiatives and mitigation tactics implemented by key players in the construction and stone industries, the market showed signs of recovery in 2021 and is expected to experience slow but steady growth in the forecast period.
Use of Luxurious Natural Stones in Decorative Applications to Support Market Growth
