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The engineered stone market size is forecast to increase by USD 11.3 billion at a CAGR of 6.78% between 2023 and 2028. The market is experiencing significant growth due to increasing demand for durable alternatives to natural stone in various applications, particularly in wet areas such as bathrooms, swimming pools, showers, and bathtubs. This trend is driven by the desirability of engineered stone tiles for their resistance to water, oil, wine, and juices. Additionally, the preference for eco-friendly home decor items is fueling market growth, as engineered stone is often made from recycled crushed waste stone and aggregates. However, the high cost of engineered stone remains a challenge for some consumers. The market analysis report provides a comprehensive evaluation of these trends and growth factors, offering valuable insights for stakeholders in the engineered stone industry.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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