Product Code: A31387
The global paving stone market is envisioned to garner $86.7 billion by 2031, growing from $40.3 billion in 2021 at a CAGR of 7.9% from 2022 to 2031.
Paving stones are utilized in both residential and non-residential construction due to their special qualities, high rigidity, superior surface quality, high resistance to extreme temperatures, and creep resistance in demanding higher & hazardous situations. There are numerous shapes for paving stones. During the forecast period, a greater emphasis on aesthetic is predicted to increase the use of paving stone. Paving stones are considered in the construction community as significant elements that contribute to enhancing the style or appearance of an existing landscape. Due to the rising demand for single-family homes and multi-family homes as well as the accessibility of financing, residential construction activities have been increasing over the past several years. A significant portion of the paving stone originates from non-residential construction projects including universities, shopping centers, and office buildings.
The high cost of paving stone is restricting the market growth. Construction costs for a paving stone driveway will most likely be substantial due to the high cost of the materials and lack of skilled labor. Additionally, it takes skilled craftsmen to create excellent designs with stone as well as the stone material.
There is an increase in the demand for paving materials from the construction industry due to population growth and rapid urbanization. Because of increased marketing by manufacturers, customers are becoming more aware of the advantages of using paving materials like asphalt, concrete, and brick. The paving stone market will benefit from rising investments in infrastructure development projects in growing economies all over the world. The market is anticipated to grow as a result of technological developments in the production of paving materials that offer improved performance, durability, and aesthetics.
COVID-19 had a negative impact on the paving stone market, including paving content and the various equipment utilized in paving stone production. The pandemic has impacted the economy very hard globally, as the lockdown was implemented in all regions, making the situation tough for all sectors for development. Because of the COVID-19 issue, no industry is impervious to the impact of the pandemic; all producers in the regions have experienced ups and downs.
The key players profiled in this report include: Thomas Armstrong Group, Marshalls.co.uk, NGM Blocks , Pavestone UK Ltd., Anchor Block Company, ARO Granite Industries Ltd., Unilock, Mumal Marbles Pvt. Ltd., Arvicon International, and Wienerberger.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the paving stone market analysis from 2021 to 2031 to identify the prevailing paving stone market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the paving stone market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global paving stone market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Application
- Driveway
- Walkway
- Patio
- Pool Decks
- Garden
- Others
By Paving Material
- Concrete Pavers
- Natural Stone Pavers
- Natural Stone Pavers
- Granite
- Marble
- Limestone
- Slate
- Sandstone
- Others
- Clay Brick Pavers
By End-use
- Residential Construction
- Commercial Construction
By Region
- North America
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- United Arab Emirates
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- Thomas Armstrong Group
- Marshalls.co.uk
- NGM Blocks
- Pavestone UK Ltd
- Masonary Products, LLC
- ARO Granite Industries Ltd.
- Unilock
- Polycor Inc.
- Dimpomar
- Mumal Marbles Pvt. Ltd.
- Marshalls plc
- Arvicon International
- Aro granite industries ltd.
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
- 3.5. COVID-19 Impact Analysis on the market
- 3.6. Key Regulation Analysis
- 3.7. Market Share Analysis
- 3.8. Patent Landscape
- 3.9. Regulatory Guidelines
- 3.10. Value Chain Analysis
CHAPTER 4: PAVING STONE MARKET, BY PAVING MATERIAL
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Concrete Pavers
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Natural Stone Pavers
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.3.4. Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 4.3.4.1. Granite Market size and forecast, by region
- 4.3.4.2. Granite Market size and forecast, by country
- 4.3.4.3. Marble Market size and forecast, by region
- 4.3.4.4. Marble Market size and forecast, by country
- 4.3.4.5. Limestone Market size and forecast, by region
- 4.3.4.6. Limestone Market size and forecast, by country
- 4.3.4.7. Slate Market size and forecast, by region
- 4.3.4.8. Slate Market size and forecast, by country
- 4.3.4.9. Sandstone Market size and forecast, by region
- 4.3.4.10. Sandstone Market size and forecast, by country
- 4.3.4.11. Others Market size and forecast, by region
- 4.3.4.12. Others Market size and forecast, by country
- 4.4. Clay Brick Pavers
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
CHAPTER 5: PAVING STONE MARKET, BY APPLICATION
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Driveway
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Walkway
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Patio
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. Pool Decks
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
- 5.6. Garden
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country
- 5.7. Others
- 5.7.1. Key market trends, growth factors and opportunities
- 5.7.2. Market size and forecast, by region
- 5.7.3. Market share analysis by country
CHAPTER 6: PAVING STONE MARKET, BY END-USE
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Residential Construction
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Commercial Construction
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
CHAPTER 7: PAVING STONE MARKET, BY REGION
- 7.1. Overview
- 7.1.1. Market size and forecast By Region
- 7.2. North America
- 7.2.1. Key trends and opportunities
- 7.2.2. Market size and forecast, by Paving Material
- 7.2.2.1. North America Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.2.3. Market size and forecast, by Application
- 7.2.4. Market size and forecast, by End-use
- 7.2.5. Market size and forecast, by country
- 7.2.5.1. U.S.
- 7.2.5.1.1. Key market trends, growth factors and opportunities
- 7.2.5.1.2. Market size and forecast, by Paving Material
- 7.2.5.1.2.1. U.S. Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.2.5.1.3. Market size and forecast, by Application
- 7.2.5.1.4. Market size and forecast, by End-use
- 7.2.5.2. Canada
- 7.2.5.2.1. Key market trends, growth factors and opportunities
- 7.2.5.2.2. Market size and forecast, by Paving Material
- 7.2.5.2.2.1. Canada Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.2.5.2.3. Market size and forecast, by Application
- 7.2.5.2.4. Market size and forecast, by End-use
- 7.2.5.3. Mexico
- 7.2.5.3.1. Key market trends, growth factors and opportunities
- 7.2.5.3.2. Market size and forecast, by Paving Material
- 7.2.5.3.2.1. Mexico Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.2.5.3.3. Market size and forecast, by Application
- 7.2.5.3.4. Market size and forecast, by End-use
- 7.3. Europe
- 7.3.1. Key trends and opportunities
- 7.3.2. Market size and forecast, by Paving Material
- 7.3.2.1. Europe Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.3.3. Market size and forecast, by Application
- 7.3.4. Market size and forecast, by End-use
- 7.3.5. Market size and forecast, by country
- 7.3.5.1. Germany
- 7.3.5.1.1. Key market trends, growth factors and opportunities
- 7.3.5.1.2. Market size and forecast, by Paving Material
- 7.3.5.1.2.1. Germany Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.3.5.1.3. Market size and forecast, by Application
- 7.3.5.1.4. Market size and forecast, by End-use
- 7.3.5.2. UK
- 7.3.5.2.1. Key market trends, growth factors and opportunities
- 7.3.5.2.2. Market size and forecast, by Paving Material
- 7.3.5.2.2.1. UK Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.3.5.2.3. Market size and forecast, by Application
- 7.3.5.2.4. Market size and forecast, by End-use
- 7.3.5.3. France
- 7.3.5.3.1. Key market trends, growth factors and opportunities
- 7.3.5.3.2. Market size and forecast, by Paving Material
- 7.3.5.3.2.1. France Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.3.5.3.3. Market size and forecast, by Application
- 7.3.5.3.4. Market size and forecast, by End-use
- 7.3.5.4. Spain
- 7.3.5.4.1. Key market trends, growth factors and opportunities
- 7.3.5.4.2. Market size and forecast, by Paving Material
- 7.3.5.4.2.1. Spain Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.3.5.4.3. Market size and forecast, by Application
- 7.3.5.4.4. Market size and forecast, by End-use
- 7.3.5.5. Italy
- 7.3.5.5.1. Key market trends, growth factors and opportunities
- 7.3.5.5.2. Market size and forecast, by Paving Material
- 7.3.5.5.2.1. Italy Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.3.5.5.3. Market size and forecast, by Application
- 7.3.5.5.4. Market size and forecast, by End-use
- 7.3.5.6. Rest of Europe
- 7.3.5.6.1. Key market trends, growth factors and opportunities
- 7.3.5.6.2. Market size and forecast, by Paving Material
- 7.3.5.6.2.1. Rest of Europe Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.3.5.6.3. Market size and forecast, by Application
- 7.3.5.6.4. Market size and forecast, by End-use
- 7.4. Asia-Pacific
- 7.4.1. Key trends and opportunities
- 7.4.2. Market size and forecast, by Paving Material
- 7.4.2.1. Asia-Pacific Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.4.3. Market size and forecast, by Application
- 7.4.4. Market size and forecast, by End-use
- 7.4.5. Market size and forecast, by country
- 7.4.5.1. China
- 7.4.5.1.1. Key market trends, growth factors and opportunities
- 7.4.5.1.2. Market size and forecast, by Paving Material
- 7.4.5.1.2.1. China Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.4.5.1.3. Market size and forecast, by Application
- 7.4.5.1.4. Market size and forecast, by End-use
- 7.4.5.2. Japan
- 7.4.5.2.1. Key market trends, growth factors and opportunities
- 7.4.5.2.2. Market size and forecast, by Paving Material
- 7.4.5.2.2.1. Japan Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.4.5.2.3. Market size and forecast, by Application
- 7.4.5.2.4. Market size and forecast, by End-use
- 7.4.5.3. India
- 7.4.5.3.1. Key market trends, growth factors and opportunities
- 7.4.5.3.2. Market size and forecast, by Paving Material
- 7.4.5.3.2.1. India Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.4.5.3.3. Market size and forecast, by Application
- 7.4.5.3.4. Market size and forecast, by End-use
- 7.4.5.4. South Korea
- 7.4.5.4.1. Key market trends, growth factors and opportunities
- 7.4.5.4.2. Market size and forecast, by Paving Material
- 7.4.5.4.2.1. South Korea Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.4.5.4.3. Market size and forecast, by Application
- 7.4.5.4.4. Market size and forecast, by End-use
- 7.4.5.5. Australia
- 7.4.5.5.1. Key market trends, growth factors and opportunities
- 7.4.5.5.2. Market size and forecast, by Paving Material
- 7.4.5.5.2.1. Australia Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.4.5.5.3. Market size and forecast, by Application
- 7.4.5.5.4. Market size and forecast, by End-use
- 7.4.5.6. Rest of Asia-Pacific
- 7.4.5.6.1. Key market trends, growth factors and opportunities
- 7.4.5.6.2. Market size and forecast, by Paving Material
- 7.4.5.6.2.1. Rest of Asia-Pacific Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.4.5.6.3. Market size and forecast, by Application
- 7.4.5.6.4. Market size and forecast, by End-use
- 7.5. LAMEA
- 7.5.1. Key trends and opportunities
- 7.5.2. Market size and forecast, by Paving Material
- 7.5.2.1. LAMEA Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.5.3. Market size and forecast, by Application
- 7.5.4. Market size and forecast, by End-use
- 7.5.5. Market size and forecast, by country
- 7.5.5.1. Brazil
- 7.5.5.1.1. Key market trends, growth factors and opportunities
- 7.5.5.1.2. Market size and forecast, by Paving Material
- 7.5.5.1.2.1. Brazil Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.5.5.1.3. Market size and forecast, by Application
- 7.5.5.1.4. Market size and forecast, by End-use
- 7.5.5.2. United Arab Emirates
- 7.5.5.2.1. Key market trends, growth factors and opportunities
- 7.5.5.2.2. Market size and forecast, by Paving Material
- 7.5.5.2.2.1. United Arab Emirates Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.5.5.2.3. Market size and forecast, by Application
- 7.5.5.2.4. Market size and forecast, by End-use
- 7.5.5.3. Saudi Arabia
- 7.5.5.3.1. Key market trends, growth factors and opportunities
- 7.5.5.3.2. Market size and forecast, by Paving Material
- 7.5.5.3.2.1. Saudi Arabia Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.5.5.3.3. Market size and forecast, by Application
- 7.5.5.3.4. Market size and forecast, by End-use
- 7.5.5.4. South Africa
- 7.5.5.4.1. Key market trends, growth factors and opportunities
- 7.5.5.4.2. Market size and forecast, by Paving Material
- 7.5.5.4.2.1. South Africa Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.5.5.4.3. Market size and forecast, by Application
- 7.5.5.4.4. Market size and forecast, by End-use
- 7.5.5.5. Rest of LAMEA
- 7.5.5.5.1. Key market trends, growth factors and opportunities
- 7.5.5.5.2. Market size and forecast, by Paving Material
- 7.5.5.5.2.1. Rest of LAMEA Natural Stone Pavers Paving Stone Market by Natural Stone Pavers
- 7.5.5.5.3. Market size and forecast, by Application
- 7.5.5.5.4. Market size and forecast, by End-use
CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product Mapping of Top 10 Player
- 8.4. Competitive Dashboard
- 8.5. Competitive Heatmap
- 8.6. Top player positioning, 2021
CHAPTER 9: COMPANY PROFILES
- 9.1. Polycor Inc.
- 9.1.1. Company overview
- 9.1.2. Key Executives
- 9.1.3. Company snapshot
- 9.2. Dimpomar
- 9.2.1. Company overview
- 9.2.2. Key Executives
- 9.2.3. Company snapshot
- 9.3. Mumal Marbles Pvt. Ltd.
- 9.3.1. Company overview
- 9.3.2. Key Executives
- 9.3.3. Company snapshot
- 9.4. Marshalls plc
- 9.4.1. Company overview
- 9.4.2. Key Executives
- 9.4.3. Company snapshot
- 9.5. Arvicon International
- 9.5.1. Company overview
- 9.5.2. Key Executives
- 9.5.3. Company snapshot
- 9.6. Aro granite industries ltd.
- 9.6.1. Company overview
- 9.6.2. Key Executives
- 9.6.3. Company snapshot
- 9.7. Thomas Armstrong Group
- 9.7.1. Company overview
- 9.7.2. Key Executives
- 9.7.3. Company snapshot
- 9.8. Marshalls.co.uk
- 9.8.1. Company overview
- 9.8.2. Key Executives
- 9.8.3. Company snapshot
- 9.9. NGM Blocks
- 9.9.1. Company overview
- 9.9.2. Key Executives
- 9.9.3. Company snapshot
- 9.10. Pavestone UK Ltd
- 9.10.1. Company overview
- 9.10.2. Key Executives
- 9.10.3. Company snapshot
- 9.11. Masonary Products, LLC
- 9.11.1. Company overview
- 9.11.2. Key Executives
- 9.11.3. Company snapshot
- 9.12. ARO Granite Industries Ltd.
- 9.12.1. Company overview
- 9.12.2. Key Executives
- 9.12.3. Company snapshot
- 9.13. Unilock
- 9.13.1. Company overview
- 9.13.2. Key Executives
- 9.13.3. Company snapshot