Granite Market Size Worth USD 6.63 Billion by 2034 | CAGR: 5.2%

The granite market size is expected to reach USD 6.63 Billion by 2034, according to a new study by Polaris Market Research. The report “Granite Market Share, Size, Trends, Industry Analysis Report: By Product (Granite Slabs, Granite Tiles, and Other Products), By Application, By End User, and By Region; Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Granite is used as a structural and decorative material in residential, commercial, and infrastructure projects. Its strength, visual appeal, and durability make it suitable for use in countertops, flooring, monuments, cladding, and outdoor landscaping.

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Growing demand for sustainable, long-lasting building materials and increasing infrastructure development across emerging economies are driving market growth. Granite also supports low-maintenance construction solutions, making it an increasingly preferred material in real estate and urban redevelopment construction activities.

Top of FormGranite Market Report Highlights

• Based on product, the granite slabs segment dominated the revenue share in 2024, driven by widespread use in high-volume construction projects and rising demand for seamless surface applications in kitchens, floors, and cladding systems.
• In terms of end user, the infrastructural sector is projected to grow the fastest, supported by rising public and private investments in durable, aesthetically uniform materials for urban development.
• Asia Pacific held the largest revenue share in 2024, owing to active quarrying operations, competitive labor costs, and strong construction demand in emerging economies.
• North America is poised for significant expansion, fueled by consistent demand in residential renovations, commercial construction, and landscape design sectors.
• A few global key market players include Levantina y Asociados de Minerales, S.A., Pokarna Limited, Classic Marble Company, Antolini Luigi & C. S.p.A., Polycor Inc., Aro Granite Industries Ltd., Temmer Marble, Hilltop Granites, Rajasthan Granite & Stone, Mumal Marbles Pvt. Ltd., SMG Stone Pty Ltd, and Amso International Srl.

Polaris Market Research has segmented the market report on the basis of product, application, end user, and region:

By Product Outlook (Revenue, USD Billion, 2020–2034)

• Granite Slabs
• Granite Tiles
• Other Products

By Application Outlook (Revenue, USD Billion, 2020–2034)

• Monuments
• Floors
• Paths and Patios
• Cladding and Building Blocks
• Kitchen Worktops
• Other Application

By End User Outlook (Revenue, USD Billion, 2020–2034)

• Residential
• Commercial
• Industrial
• Infrastructural

By Regional Outlook (Revenue, USD Billion, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Malaysia
  • South Korea
  • Indonesia
  • Australia
  • Vietnam
  • Rest of Asia Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America