DUBLIN--(BUSINESS WIRE)--The "Cobblestone Market By Type, By Construction Type, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.
The global cobblestone market size was valued at $7,635.2 million in 2021, and is projected to reach $12,436.9 million by 2031, registering a CAGR of 5.0% from 2022 to 2031.
Cobblestones are earth-mined products that have been utilized as building materials or embellishments for a very long time. Limestone, Granite, Marble, Travertine, Sandstone, and Quartzite are a few examples of cobblestone. Natural stones are carefully chosen fragments of stone that are regarded as the most dependable source of sturdiness and beauty.
Cobble stone items come in a variety of colors, compositions, and textures, although coming from the same source as the other components. Due to its application in wall cladding and flooring for both residential and commercial buildings, the cobblestone market is predicted to grow rapidly. Mountainous regions are home to a variety of minerals known as natural stone, such as quartzite, slate, calcareous, sandstone, marble, granite, cobblestone, and others.
Residential end-users' preferences for house renovation, particularly in metropolitan areas, have changed as a result of rise in disposable income and improved understanding of visually appealing outside designs. In addition, the need for cobblestones is anticipated to rise as there are more engineering, procurement, and construction projects in the infrastructure sector, as well as more real estate and different urban infrastructure projects.
Therefore, the market is driven by infrastructure development activities, such as building motorways, bridges, airports, highway, and road projects. In addition, the market for cobblestone is anticipated to gain from the rise in industrialization and the demand for infrastructure for homes and businesses.
For instance, in August 2019, the Federal Government of Canada planned to invest around $180 billion for new infrastructure development. Moreover, rise in disposable income of people in developing countries, such as India, Brazil, Africa, and others, leads to increased spending on renovation activities, which drives the growth of the global cobblestone market.
The market is segmented on the basis of type, construction type, application, and region. On the basis of type, the market is divided into mechanical pebble, natural cobblestone, riverstone, and other. On the basis of construction type, the market is divided into new construction and renovation.
On the basis of application, the market is divided into roading, architecture, and other. Region-wise, the global market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
Key Benefits
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cobblestone market analysis from 2021 to 2031 to identify the prevailing cobblestone market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the cobblestone market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the cobblestone market analysis of the regional as well as global cobblestone market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
- Mechanical Pebble
- Natural Cobblestone
- Riverstone
- Others
By Construction Type
- New construction
- Renovation
By Application
- Roading
- Architecture
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Aaren Stones & Granites Pvt. Ltd
- Agarsen Granite & Stones
- Ajmera Marbles Industries
- Akrolithos
- Cosentino
- Dakota Granites
- Dal-Tile
- Environmental StoneWorks
- Elegant Natural Stones Pvt. Ltd
- Granite Setts UK Ltd
- Leeca Ltd
- Maharaja Stones
- Paving International
- Precision Countertops, Inc
- Style Earth
- U.S. Stone Works Inc
- vangura surfacing products
For more information about this report visit https://www.researchandmarkets.com/r/izwi4w
