The U.S. Marble Market is Projected to Reach $18.71 Billion by 2026 at a CAGR of 8.98%

Dublin, Dec. 29, 2021 (GLOBE NEWSWIRE) — The «Marble Market Research Report by Colour, Application, and State – United States Forecast to 2026 – Cumulative Impact of COVID-19» report has been added to ResearchAndMarkets.com’s offering.

The United States Marble Market size was estimated at USD 11.17 billion in 2020, is expected to reach USD 12.47 billion in 2021, and projected to grow at a CAGR of 8.98% reaching USD 18.71 billion by 2026.

Market Statistics
The report provides market sizing and forecast across five major currencies – USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2026 are considered the forecast period.

Market Segmentation & Coverage

This research report categorizes the Marble to forecast the revenues and analyze the trends in each of the following sub-markets:

  • Based on Colour, the market was studied across Black, Green, Others, White, and Yellow.
  • Based on Application, the market was studied across Agriculture, Architecture, Construction, and Pharmaceutical.
  • Based on State, the market was studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas.

Cumulative Impact of COVID-19
COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. The analyst’s ongoing research amplifies their research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Competitive Strategic Window
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Marble Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

 

Font: https://www.globenewswire.com/news-release/2021/12/29/2358752/28124/en/The-U-S-Marble-Market-is-Projected-to-Reach-18-71-Billion-by-2026-at-a-CAGR-of-8-98.html 


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