Pune, India, April 18, 2023 (GLOBE NEWSWIRE) — The natural stone and marble market size was valued at USD 48.80 billion in 2021 and industry size is expected to rise from USD 51.76 billion in 2022 to USD 68.06 billion by 2029 at a CAGR of 4.0% during the forecast period. Fortune Business Insights™ publishes this information in a report titled, “Natural Stone and Marble Market Size, Share and Forecast, 2022-2029”. According to the report, the market is expected to rise during the projected period due to increasing demand for natural stones for decorative applications.
Key market players focus on creating strategic alliances, acquisitions, collaborations, and partnerships. These strategies allow companies to expand their business reach and increase productivity and profitability. Also, new product development and innovation ideas will allow key players to enhance their product portfolio.
https://www.globenewswire.com/en/news-release/2023/04/18/2648788/0/en/Natural-Stone-and-Marble-Market-to-Hit-USD-68-06-Billion-by-2029-With-a-CAGR-4-0.html