Product Code: ETC048801 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Qatar Marble market currently, in 2023, has witnessed an HHI of 3235, Which has increased slightly as compared to the HHI of 1906 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Qatar marble market witnessed significant growth during the period of 2025-2031. Marble, being a popular and versatile building material, has seen a surge in demand due to the booming construction and infrastructure development in the region. Qatar robust economic growth and increasing investments in various sectors have also contributed to the expansion of the marble market. Additionally, the country`s rising population and growing tourism industry have fueled the demand for luxurious and aesthetically appealing marble products, further boosting the market.
Several key factors have driven the growth of the marble market in Qatar. Firstly, the country`s emphasis on modernizing and expanding its infrastructure has led to increased use of marble in commercial and residential construction projects. The unique and visually appealing characteristics of marble, such as its diverse range of colors and patterns, have made it a preferred choice among architects and interior designers. Furthermore, the rising disposable income of the population has stimulated the demand for high-quality marble products in the residential sector.
Despite the positive growth prospects, the Qatar marble market has encountered certain challenges. One of the primary challenges is the high cost associated with marble extraction, processing, and transportation. The dependency on imports for a significant portion of the marble supply has also led to fluctuations in prices, impacting market stability. Additionally, environmental concerns related to marble mining and its carbon footprint have prompted calls for sustainable and eco-friendly practices, posing a challenge to the industry`s traditional methods.
Some notable key players in the Qatar marble market are Al Bandary Marble, Qatar Marble and Granite, Al-Naser Group, HBK Contracting Company, Al Emadi Stones, and United Co. for Marble & Granite.
The Covid-19 pandemic has significantly impacted various industries, and the Qatar marble market was no exception. The outbreak led to temporary halts in construction projects and disruptions in supply chains, affecting the overall demand and production of marble products. Moreover, travel restrictions and reduced tourism activity during the pandemic period impacted the Market growth, as the hospitality and luxury real estate sectors experienced a slowdown. However, the gradual recovery of the construction industry and the government`s stimulus measures to boost economic activities have helped the marble market rebound and regain its growth trajectory.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Qatar Marble Market Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar Marble Market Revenues & Volume, 2021 & 2031F |
3.3 Qatar Marble Market - Industry Life Cycle |
3.4 Qatar Marble Market - Porter's Five Forces |
3.5 Qatar Marble Market Revenues & Volume Share, By Colour Type, 2021 & 2031F |
3.6 Qatar Marble Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Qatar Marble Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Marble Market Trends |
6 Qatar Marble Market, By Types |
6.1 Qatar Marble Market, By Colour Type |
6.1.1 Overview and Analysis |
6.1.2 Qatar Marble Market Revenues & Volume, By Colour Type, 2021-2031F |
6.1.3 Qatar Marble Market Revenues & Volume, By White, 2021-2031F |
6.1.4 Qatar Marble Market Revenues & Volume, By Black, 2021-2031F |
6.1.5 Qatar Marble Market Revenues & Volume, By Yellow, 2021-2031F |
6.1.6 Qatar Marble Market Revenues & Volume, By Red, 2021-2031F |
6.1.7 Qatar Marble Market Revenues & Volume, By Others, 2021-2031F |
6.2 Qatar Marble Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Qatar Marble Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.3 Qatar Marble Market Revenues & Volume, By Statues and Monuments, 2021-2031F |
6.2.4 Qatar Marble Market Revenues & Volume, By Furniture, 2021-2031F |
6.2.5 Qatar Marble Market Revenues & Volume, By Others, 2021-2031F |
7 Qatar Marble Market Import-Export Trade Statistics |
7.1 Qatar Marble Market Export to Major Countries |
7.2 Qatar Marble Market Imports from Major Countries |
8 Qatar Marble Market Key Performance Indicators |
9 Qatar Marble Market - Opportunity Assessment |
9.1 Qatar Marble Market Opportunity Assessment, By Colour Type, 2021 & 2031F |
9.2 Qatar Marble Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Qatar Marble Market - Competitive Landscape |
10.1 Qatar Marble Market Revenue Share, By Companies, 2024 |
10.2 Qatar Marble Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |