This growth can be attributed to the gaining traction in construction applications owing to its superior strength, enhanced physical properties, and uniqueness of colors. Moreover, granite tiles’ zero water absorption property has increased their utilization in kitchen and bathroom applications.
These products are widely available in the dimension range of 1×1, 2×2, and others. Prominent suppliers in the market are engaged in offering custom designing and dimensions for flooring products.
Increasing construction spending in emerging economies of Asia Pacific and the Middle East owing to the population expansion coupled with strong economic and industrial development is expected to positively affect the demand for natural stone slabs over the forecast period.Additionally, governments of emerging countries have provided a considerable amount of capital to invest in public infrastructures such as building hospitals, offices, and housing societies. The emergence of private-sector construction firms in China, India, and the UAE is expected to further contribute to construction spending over the coming years and thus support the market’s growth.
https://www.globenewswire.com/en/news-release/2023/03/20/2630649/28124/en/Global-Natural-Stone-Slab-Market-Report-2023-to-2030-Featuring-Aro-Granite-Industries-Dimpomar-Dermitzakis-Bros-and-Levantina-y-Asociados-de-Minerales-Among-Others.html