Product Code: PM5883
The granite market size is expected to reach USD 6.63 Billion by 2034, according to a new study by Polaris Market Research. The report "Granite Market Share, Size, Trends, Industry Analysis Report: By Product (Granite Slabs, Granite Tiles, and Other Products), By Application, By End User, and By Region; Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Granite is used as a structural and decorative material in residential, commercial, and infrastructure projects. Its strength, visual appeal, and durability make it suitable for use in countertops, flooring, monuments, cladding, and outdoor landscaping.
Growing demand for sustainable, long-lasting building materials and increasing infrastructure development across emerging economies are driving market growth. Granite also supports low-maintenance construction solutions, making it an increasingly preferred material in real estate and urban redevelopment construction activities.
Granite Market Report Highlights
Based on product, the granite slabs segment dominated the revenue share in 2024, driven by widespread use in high-volume construction projects and rising demand for seamless surface applications in kitchens, floors, and cladding systems.
In terms of end user, the infrastructural sector is projected to grow the fastest, supported by rising public and private investments in durable, aesthetically uniform materials for urban development.
Asia Pacific held the largest revenue share in 2024, owing to active quarrying operations, competitive labor costs, and strong construction demand in emerging economies.
North America is poised for significant expansion, fueled by consistent demand in residential renovations, commercial construction, and landscape design sectors.
A few global key market players include Levantina y Asociados de Minerales, S.A., Pokarna Limited, Classic Marble Company, Antolini Luigi & C. S.p.A., Polycor Inc., Aro Granite Industries Ltd., Temmer Marble, Hilltop Granites, Rajasthan Granite & Stone, Mumal Marbles Pvt. Ltd., SMG Stone Pty Ltd, and Amso International Srl.
Polaris Market Research has segmented the market report on the basis of product, application, end user, and region:
By Product Outlook (Revenue, USD Billion, 2020-2034)
Granite Slabs
Granite Tiles
Other Products
By Application Outlook (Revenue, USD Billion, 2020-2034)
Monuments
Floors
Paths and Patios
Cladding and Building Blocks
Kitchen Worktops
Other Application
By End User Outlook (Revenue, USD Billion, 2020-2034)
Residential
Commercial
Industrial
Infrastructural
By Regional Outlook (Revenue, USD Billion, 2020-2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Granite Market Insights
- 4.1. Granite Market - Market Snapshot
- 4.2. Granite Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising Demand in Residential and Commercial Construction
- 4.2.1.2. Expansion of Renovation and Remodeling Activities
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Availability of Alternative Materials
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Granite Market Trends
- 4.6. Value Chain Analysis
5. Global Granite Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Granite Market, by Product, 2020-2034 (USD Billion)
- 5.3. Granite Slabs
- 5.3.1. Global Granite Market, by Granite Slabs, by Region, 2020-2034 (USD Billion)
- 5.4. Granite Tiles
- 5.4.1. Global Granite Market, by Granite Tiles, by Region, 2020-2034 (USD Billion)
- 5.5. Other Products
- 5.5.1. Global Granite Market, by Other Products, by Region, 2020-2034 (USD Billion)
6. Global Granite Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Granite Market, by Application, 2020-2034 (USD Billion)
- 6.3. Monuments
- 6.3.1. Global Granite Market, by Monuments, by Region, 2020-2034 (USD Billion)
- 6.4. Floors
- 6.4.1. Global Granite Market, by Floors, by Region, 2020-2034 (USD Billion)
- 6.5. Paths and Patios
- 6.5.1. Global Granite Market, by Paths and Patios, by Region, 2020-2034 (USD Billion)
- 6.6. Cladding and Building Blocks
- 6.6.1. Global Granite Market, by Cladding and Building Blocks, by Region, 2020-2034 (USD Billion)
- 6.7. Kitchen Worktops
- 6.7.1. Global Granite Market, by Kitchen Worktops, by Region, 2020-2034 (USD Billion)
- 6.8. Other Application
- 6.8.1. Global Granite Market, by Other Application, by Region, 2020-2034 (USD Billion)
7. Global Granite Market, by End User
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Granite Market, by End User, 2020-2034 (USD Billion)
- 7.3. Residential
- 7.3.1. Global Granite Market, by Residential, by Region, 2020-2034 (USD Billion)
- 7.4. Commercial
- 7.4.1. Global Granite Market, by Commercial, by Region, 2020-2034 (USD Billion)
- 7.5. Industrial
- 7.5.1. Global Granite Market, by Industrial, by Region, 2020-2034 (USD Billion)
- 7.6. Infrastructural
- 7.6.1. Global Granite Market, by Infrastructural, by Region, 2020-2034 (USD Billion)
8. Global Granite Market, by Geography
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. Granite Market Assessment, By Geography, 2020-2034 (USD Billion)
- 8.3. Granite Market - North America
- 8.3.1. North America: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.3.2. North America: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.3.3. North America: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.3.4. Granite Market - U.S.
- 8.3.4.1. U.S.: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.3.4.2. U.S.: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.3.4.3. U.S.: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.3.5. Granite Market - Canada
- 8.3.5.1. Canada: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.3.5.2. Canada: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.3.5.3. Canada: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.4. Granite Market - Europe
- 8.4.1. Europe: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.4.2. Europe: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.4.3. Europe: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.4.4. Granite Market - UK
- 8.4.4.1. UK: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.4.4.2. UK: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.4.4.3. UK: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.4.5. Granite Market - France
- 8.4.5.1. France: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.4.5.2. France: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.4.5.3. France: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.4.6. Granite Market - Germany
- 8.4.6.1. Germany: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.4.6.2. Germany: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.4.6.3. Germany: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.4.7. Granite Market - Italy
- 8.4.7.1. Italy: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.4.7.2. Italy: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.4.7.3. Italy: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.4.8. Granite Market - Spain
- 8.4.8.1. Spain: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.4.8.2. Spain: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.4.8.3. Spain: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.4.9. Granite Market - Netherlands
- 8.4.9.1. Netherlands: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.4.9.2. Netherlands: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.4.9.3. Netherlands: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.4.10. Granite Market - Russia
- 8.4.10.1. Russia: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.4.10.2. Russia: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.4.10.3. Russia: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.4.11. Granite Market - Rest of Europe
- 8.4.11.1. Rest of Europe: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.4.11.2. Rest of Europe: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.4.11.3. Rest of Europe: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.5. Granite Market - Asia Pacific
- 8.5.1. Asia Pacific: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.5.2. Asia Pacific: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.5.3. Asia Pacific: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.5.4. Granite Market - China
- 8.5.4.1. China: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.5.4.2. China: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.5.4.3. China: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.5.5. Granite Market - India
- 8.5.5.1. India: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.5.5.2. India: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.5.5.3. India: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.5.6. Granite Market - Malaysia
- 8.5.6.1. Malaysia: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.5.6.2. Malaysia: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.5.6.3. Malaysia: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.5.7. Granite Market - Japan
- 8.5.7.1. Japan: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.5.7.2. Japan: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.5.7.3. Japan: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.5.8. Granite Market - Indonesia
- 8.5.8.1. Indonesia: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.5.8.2. Indonesia: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.5.8.3. Indonesia: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.5.9. Granite Market - South Korea
- 8.5.9.1. South Korea: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.5.9.2. South Korea: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.5.9.3. South Korea: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.5.10. Granite Market - Australia
- 8.5.10.1. Australia: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.5.10.2. Australia: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.5.10.3. Australia: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.5.11. Granite Market - Rest of Asia Pacific
- 8.5.11.1. Rest of Asia Pacific: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.5.11.2. Rest of Asia Pacific: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.5.11.3. Rest of Asia Pacific: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.6. Granite Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.6.2. Middle East & Africa: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.6.3. Middle East & Africa: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.6.4. Granite Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.6.4.2. Saudi Arabia: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.6.4.3. Saudi Arabia: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.6.5. Granite Market - UAE
- 8.6.5.1. UAE: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.6.5.2. UAE: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.6.5.3. UAE: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.6.6. Granite Market - Israel
- 8.6.6.1. Israel: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.6.6.2. Israel: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.6.6.3. Israel: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.6.7. Granite Market - South Africa
- 8.6.7.1. South Africa: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.6.7.2. South Africa: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.6.7.3. South Africa: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.6.8. Granite Market - Rest of Middle East & Africa
- 8.6.8.1. Rest of Middle East & Africa: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.6.8.2. Rest of Middle East & Africa: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.6.8.3. Rest of Middle East & Africa: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.7. Granite Market - Latin America
- 8.7.1. Latin America: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.7.2. Latin America: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.7.3. Latin America: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.7.4. Granite Market - Mexico
- 8.7.4.1. Mexico: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.7.4.2. Mexico: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.7.4.3. Mexico: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.7.5. Granite Market - Brazil
- 8.7.5.1. Brazil: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.7.5.2. Brazil: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.7.5.3. Brazil: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.7.6. Granite Market - Argentina
- 8.7.6.1. Argentina: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.7.6.2. Argentina: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.7.6.3. Argentina: Granite Market, by End User, 2020-2034 (USD Billion)
- 8.7.7. Granite Market - Rest of Latin America
- 8.7.7.1. Rest of Latin America: Granite Market, by Product, 2020-2034 (USD Billion)
- 8.7.7.2. Rest of Latin America: Granite Market, by Application, 2020-2034 (USD Billion)
- 8.7.7.3. Rest of Latin America: Granite Market, by End User, 2020-2034 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Amso International Srl
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Antolini Luigi & C. S.p.A.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Aro Granite Industries Ltd.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Classic Marble Company
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Hilltop Granites
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Levantina y Asociados de Minerales, S.A.
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Mumal Marbles Pvt. Ltd.
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Pokarna Limited
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Polycor Inc.
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Rajasthan Granite & Stone
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. SMG Stone Pty Ltd
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Temmer Marble
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development