Natural Stone Sector
The natural stone industry is one of the biggest global sectors that holds a crucial position in other commercial sectors such as construction, architecture, interior décor, landscaping, home improvement, etc. Natural stones are quarried from the earth's crust and include materials like marble, granite, sandstone, limestone, slate, travertine, etc. Natural stone is important for many major sectors, including construction (flooring, wall cladding, countertops), monuments and statues, landscaping (paving, garden decorations), and artistic and sculptural works.
Several countries play a significant role in the development of the natural stone industry, both as producers and consumers. The key natural stone-producing countries include China, India, Turkey, Brazil, Italy, Spain, and the United States. China and India emerged as major producers and exporters of natural stone products in the past few years. Global trade plays a crucial role in the natural stone industry. Countries with abundant natural stone resources export their products to meet the demand in other regions.
Natural Stone Industry Report
The global natural stone sector was valued at $47.7 billion in 2022 and is expected to grow annually by 4.7% between 2023 to 2030. Asia Pacific region dominated the global natural stone industry and accounted for over 37.6% of the revenue share. India, Japan, South Korea, and Indonesia are the biggest natural stone markets in the Asian Pacific region.
Granite is the highest-selling natural stone in the market that recorded an annual business worth $1.96 billion in 2021. Flooring is the biggest segment in the natural stone business mostly demanded by residential and non-residential building industries. The demand for natural stone has increased over the past few years because it is sustainable, eco-friendly, and non-toxic. There is a wide variety of natural stones available in the industry such as granite, sandstone, travertine, limestone, onyx, slate, marble, slate, and others.
What Trade Exhibitions can you Attend in the Natural Stone Industry?
Over the past few years, the demand for natural stone has increased dramatically due to a growing demand for sustainable materials. Many large-scale exhibitions are held in the natural stone industry worldwide to showcase the latest innovations and technologies. Here are some of the most important events you can attend:
Coverings USA: A prominent flooring exhibition held in the USA where a wide variety of natural stone companies exhibit their latest innovations. It is an advanced platform to discover the latest trends in the natural stone industry and to network with the global community.
STONE INDUSTRY: A significant trade show held in Moscow that brings the latest trends and designs in stone blocks, slabs, stone products, machinery for stone processing, etc. It provides an efficient platform to find the biggest natural stone businesses and initiate new business ideas.
Xiamen Stone: An annual natural stone trade exhibition held in China that brings a wide variety of innovations from the natural stone industry. It is an ideal platform to discover and meet exhibitors from various sectors such as manufacturers, architects, and designers.
Mining World Central Asia: A leading trade exhibition for the mining and metallurgy industry. This event is a significant platform to discover the leading mining corporations and industry experts. Many natural stone businesses and experts also join the event to introduce the latest market trends and solutions.
CERSAIE Bologna: An international exhibition that showcases the latest trends in surface design, bathroom furnishings, and finishes for architectural design. The event lasts for 5 days and assembles numerous global and local flooring businesses under one roof. It will be held in Bologna Italy between 25 and 29 September 2023.
MARMOMAC Verona: An important world fair dedicated to the entire value chain of natural stone. The exhibition covers the entire supply chain from the quarry to the processed product, from the latest technologies to recent machinery. The event is held in Verona, Italy at the Veronafiere Exhibition Center.
Which Sectors Can Attend the Exhibitions in the Natural Stone Industry?
The global natural stone industry is a significant market that plays a huge role in various other sectors such as construction, architecture, interior design, etc. The natural stone industry includes a wide range of sectors that work together to support and fulfill the needs of the industry. The sectors that can attend natural stone exhibitions are quarrying and mining, stone processing and manufacturing, architecture and construction, interior design and home improvement, landscaping, export and import, retail and showrooms, restoration and conservation, wholesale and distribution, etc.
