Granite market to grow at 3.5% upto 2030

The global granite market is projected to grow at a CAGR of 3.5% from 2023 to 2028, as per a report by Research & Markets and Benzinga.

Factors supporting market growth:

• Consumer preference for luxury and aesthetically pleasing materials
• Granite's incorporation in residential and commercial constructions on the rise.
• Growing applications of granite across various industries, including construction, architecture, and monument-making

Technology-led growth:

• Technological advancements in quarrying and processing have also made granite more accessible
• Due to its sustainability and natural attributes, granite has also gained popularity as an eco-friendly option.

#Report