Engineered Stone Market Forecast 2025–2034: Trends Reshaping Demand, Investment, and Innovation
Discover trends, market shifts, and competitive outlooks for the engineered stone industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
How Fast Is The Engineered Stone Market Expected to Grow Between 2025 And 2029?
The market size of engineered stone has seen substantial growth in the recent past. The sector, which stood at $27.64 billion in 2024, is predicted to increase to $29.35 billion in 2025, marking a compound annual growth rate (CAGR) of 6.2%. Factors such as low-interest rates, uptick in single-family constructions, increased demand for energy-efficient materials, robust economic expansion in developing markets, and a surge in global population contributed to the growth during the historic period.
In the upcoming years, the engineered stone market is projected to grow steadily, reaching $35.47 billion in 2029 with a compound annual growth rate (CAGR) of 4.8%. The anticipated growth over the forecast period is mainly due to the increasing global population and urbanization, the rise in infrastructure development, swift industrialization, governmental emphasis on construction, and a growing emphasis on sustainability. Key trends during the forecast period include the production and evolution of engineered stone from recycled resources, the use of hybrid print technology to enhance surface aesthetics, concentration on luxurious stone surfaces and add-ons development, the introduction of PVC (polyvinyl chloride) and plasticizers free engineered stone, and the launch of easily installable engineered stones.
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What Are the Primary Drivers Supporting the Market Growth of the Engineered Stone Market?
The rapid expansion of the construction sector is anticipated to stimulate the growth of the engineered stone market. Engineered stones are frequently employed in residential construction projects in the creation of kitchen countertops, flooring, façade tiles, and other architectural routines. Engineered stone’s additional attributes, including its resistance to bacteria, scratches, and heat, make it a perfect option for both residential and commercial construction projects. The swift rise in commercial and residential construction ventures is likely to enhance the consumption of engineered stones over the projected period. For instance, Eurostat, a Europe-based government entity, reported in February 2024, that the annual average building production in the EU and the euro area grew by 0.1% and 0.2% respectively, in comparison to 2022. Consequently, the rapid expansion in the construction sector is fuelling the growth of the engineered stone market.
Which Primary Segments of the Engineered Stone Market Are Driving Growth and Industry Transformations?
The engineered stone market covered in this report is segmented –
1) By Type: Tiles And Blocks, Slabs
2) By Process: Cold Curing, Hot Curing
3) By Application: Countertops, Flooring, Wall, Facades, Others
Subsegments:
1) By Tiles And Blocks: Engineered Stone Tiles, Engineered Stone Blocks
2) By Slabs: Thin Slabs, Standard Thickness Slabs
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Which Regions Are Key Players in the Growth of the #What Are the Primary Drivers Supporting the Market Growth of the Engineered Stone Market?# Market?
Asia-Pacific was the largest region in the engineered stone market in 2024. The regions covered in the engineered stone market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Are the Most Significant Market Trends in the Engineered Stone Market?
Major corporations in the engineered stone market are concentrating on sustainable production methods and innovative designs to provide customers with an extensive selection of attractive and high-performing surfaces to beautify both residential and commercial areas. These designs have a variety of applications, ranging from residential and commercial settings to hospitality environments, offering a myriad of creative and practical interior design answers. To illustrate, Corian, a solid surface material company based in the US, debuted its 2024 aesthetics for Corian Quartz in April 2024. These launched aesthetics included new series influenced by natural stone and quartzite, such as the Quartzite Collection, the Iconic Stone Collection, and the Elegant Neutrals Collection. Each of these new designs features distinct veining patterns and colours designed to flawlessly merge the splendour of nature into residential and commercial areas.
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What Parameters Are Used to Define the Engineered Stone Market?
The engineered stone refers to a composite slab of stone that is prepared from 90% crushed quartz and that is bound together utilizing a polymer resin, and the rest of the 10% is prepared with extra materials such as metals, mirrors, or colored glass that are mixed in for aesthetic reasons. Engineered stone is utilized anywhere that slab stones such as marble or granite are used, but a majority of customers and industries utilize engineered stone for their kitchen and bathroom countertops.
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