India Granite Market (2024-2030) | Revenue, Value, Forecast, Analysis, Share, Trends, Companies, Outlook, Industry, Size & Growth

India Granite Market Synopsis

India is the world?s second-largest producer of granite, accounting for about one-fifth of the world`s total production. Granite is widely used in construction and building material industry as a decorative stone and flooring material due to its durability and aesthetic appeal. It also has uses in sculptures, monuments, kitchen countertops, vanity tops, bathroom fixtures etc. The growth of India?s real estate sector has been driving the demand for granite since last few years as it accounts for a major share of new construction projects and remodeling activities across residential and commercial sectors. Additionally, increasing consumer preference towards premium stones like marble & quartz over granite have further increased its demand among builders & consumers alike leading to positive outlook for India Granite Market during forecast period (2020-2026).

Drivers of the Market:

Growing Construction Industry: Expansion in construction sector on back growing urbanization trend coupled with government initiatives such as Housing For All By 2022 will create considerable opportunity for India Granite Market through 2026. Increasing Investment In Infrastructure Development : Government Initiatives such as Make In India along with continued investment from private players in infrastructure segment are expected to drive market growth over next six years.

Challenges of the Market:

Rising Cost Of Raw Materials : Increase raw material prices due to shortage supply may limit profit margins or lead to increase cost product which could hamper market growth during forecast period .

Key Players of the Market:

Some of the key players operating in Indian Granite Market are Bhandari Marble Group , Regatta Exports , Rashi Granites , Shanmuga Industries Pvt Ltd., Vetter Stone Company Inc., Shiva Export House Pvt Ltd., Bansal Marble Suppliers etc.

The COVID - 19 Impact on the Market:

The Covid 19 pandemic led nationwide lockdown imposed by Indian Government had caused temporary disruption supplies chain between manufacturers & distributors which resulted into decline demand from residential & commercial segments due lack customer footfall . However pent up demand combined with revival economic activity post unlock phase should help recovery market losses incurred year 2020

Key Highlights of the Report:

• India Granite Market Outlook
• Market Size of India Granite Market, 2023
• Forecast of India Granite Market, 2030
• Historical Data and Forecast of India Granite Revenues & Volume for the Period 2020-2030
• India Granite Market Trend Evolution
• India Granite Market Drivers and Challenges
• India Granite Price Trends
• India Granite Porter's Five Forces
• India Granite Industry Life Cycle
• Historical Data and Forecast of India Granite Market Revenues & Volume By Product for the Period 2020-2030
• Historical Data and Forecast of India Granite Market Revenues & Volume By Granite Slabs for the Period 2020-2030
• Historical Data and Forecast of India Granite Market Revenues & Volume By Granite Tiles for the Period 2020-2030
• Historical Data and Forecast of India Granite Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of India Granite Market Revenues & Volume By Application for the Period 2020-2030
• Historical Data and Forecast of India Granite Market Revenues & Volume By Kitchen Countertops for the Period 2020-2030
• Historical Data and Forecast of India Granite Market Revenues & Volume By Flooring for the Period 2020-2030
• Historical Data and Forecast of India Granite Market Revenues & Volume By Stair Treads for the Period 2020-2030
• Historical Data and Forecast of India Granite Market Revenues & Volume By Monuments for the Period 2020-2030
• Historical Data and Forecast of India Granite Market Revenues & Volume By Others for the Period 2020-2030
• India Granite Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Application
• India Granite Top Companies Market Share
• India Granite Competitive Benchmarking By Technical and Operational Parameters
• India Granite Company Profiles
• India Granite Key Strategic Recommendations