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The global stone flooring market reached a value of around US$ 9 Billion in 2020. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use sectors. These insights are included in the report as a major market contributor.
Stone flooring is a kind of flooring manufactured using natural solid rocks. The rocks are cut into slabs and further processed to get the desired shape and polish. Slate, marble, limestone, granite and sandstone are some of the commonly used stones for flooring applications. They are also available in a wide variety of designs and exhibit various advantageous properties, such as washability, high durability, temperature control and enhanced aesthetic value of the space. As a result, stone flooring is widely used for the construction of public and private complexes and renovation and retrofitting of commercial and residential properties.
Significant growth in the construction industry across the globe represents one of the key factors creating a positive outlook for the market. Furthermore, an increasing demand for contemporary and aesthetically appealing interiors in residential and commercial complexes, is also driving the market growth. There is also a rising preference for stones, especially marbles, for a luxurious finishing to the floors of commercial buildings, hotels, theaters, hotels, churches and monuments. Additionally, increasing environmental consciousness among the masses is acting as another growth-inducing factor. Modern stone floorings have minimal or no formaldehyde and volatile organic compound (VOC) emissions and exhibit stain and fire-resistance and anti-slippage properties. In line with this, the development of cost-effective and durable stone plastic composite (SPC) floorings is also contributing to the market growth. Other factors, including rising expenditure capacities of the consumers, along with extensive infrastructural developments, especially in the developing economies, are anticipated to drive the market further.
IMARC Group provides an analysis of the key trends in each sub-segment of the global stone flooring market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, raw material, flooring type, colour, finished product and application.
Breakup by Raw Material:
Breakup by Flooring Type:
Breakup by Colour:
Breakup by Finished Product:
Breakup by Application:
Breakup by Region:
The report has also analysed the competitive landscape of the market along with the profiles of the key players.
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