엔지니어드 스톤 시장 예측(-2030년)제품 유형, 재료, 공정, 용도, 최종 사용자 및 지역별 세계 분석

According to Stratistics MRC, the Global Engineered Stone Market is accounted for $25.2 billion in 2023 and is expected to reach $42.6 billion by 2030 growing at a CAGR of 7.8% during the forecast period. Engineered stone, also known as quartz or composite stone, is a man-made material composed primarily of natural quartz crystals and resins. Through a process of mixing, pressing, and curing, engineered stone is created to mimic the appearance of natural stone while offering enhanced durability, consistency, and versatility. Engineered stone is valued for its aesthetic appeal, low maintenance requirements, and resistance to stains, scratches, and heat.

Market Dynamics:

Driver:

Rising demand in construction

As construction activities expand globally, particularly in residential, commercial, and infrastructure sectors, there's a heightened need for durable, aesthetically pleasing building materials like engineered stone. Additionally, engineered stone products, such as countertops, flooring, and wall cladding, have become popular choices for architects, designers, and homeowners alike due to their ability to mimic the look of natural stone while offering superior performance characteristics. Therefore, rising demand in construction is a significant factor accelerating the market development.

Restraint:

High Production cost

Engineered stone requires specialized equipment and technology for manufacturing, which can result in high initial setup costs and ongoing production expenses. The complex process of engineering stone involves the precise mixing of natural aggregates with resins and other binding agents, often necessitating sophisticated machinery and skilled labor. Moreover, stringent quality control measures are essential to ensure consistency and durability in the final product, further adding to production costs, which impacts market demand.

Opportunity:

Shifting consumer preferences

Consumers have increasingly gravitated towards engineered stone due to its numerous advantages over traditional materials like natural stone or laminate. Engineered stone offers a wide array of colors, patterns, and finishes, providing consumers with greater design flexibility to suit their individual preferences. Additionally, the desire for hygienic and easy-to-clean surfaces, particularly in kitchens and bathrooms, has driven consumers towards engineered stone, which boasts non-porous properties that resist stains and bacteria growth.

Threat:

Competition from natural stone

Natural stone, such as granite and marble, remains a significant competitor to engineered stone. Many consumers still prefer the unique and natural beauty of marble or granite, which can be perceived as more luxurious and prestigious. Additionally, natural stone provides a wide range of options in terms of colors and patterns. Granite and marble offer an extensive selection of choices, allowing consumers to find a stone that perfectly suits their design preferences and personal style. Therefore, competition from natural stone is a significant element hindering the market expansion.

Covid-19 Impact

The COVID-19 pandemic significantly impacted the engineering stone market. Initially, widespread lockdowns and restrictions disrupted manufacturing operations and supply chains, leading to production delays and shortages of raw materials. However, as the pandemic progressed, the market witnessed a shift in consumer preferences towards more hygienic and easy-to-maintain surfaces, as engineered stone is non-porous and resistant to stains and bacteria.

The blocks & slabs segment is expected to be the largest during the forecast period

The blocks & slabs segment is estimated to hold the largest share. These blocks serve as the foundation for producing slabs, which are large, flat sheets of engineered stone cut from the blocks to desired thicknesses. Blocks are initially cut into slabs using advanced machinery and technology, enabling manufacturers to tailor the slabs to specific dimensions and designs according to customer requirements. Moreover, the quality and characteristics of blocks directly impact the final products' appearance and performance.

The kitchen countertops segment is expected to have the highest CAGR during the forecast period

The kitchen countertops segment is anticipated to have lucrative growth during the forecast period. Engineered stone countertops, often made from a combination of natural quartz crystals and resins, have gained popularity due to their ability to mimic the appearance of natural stone while offering enhanced performance characteristics. Moreover, engineered stone countertops are highly durable and resistant to scratches, stains, and heat, making them ideal for the high-traffic and demanding environment of the kitchen.

Region with largest share:

Asia Pacific commanded the largest market share during the extrapolated period. The region's expanding population and urbanization have fuelled a surge in infrastructure development, driving the need for durable, aesthetically pleasing building materials like engineered stone for countertops, flooring, and wall cladding. Furthermore, rising consumer awareness regarding the benefits of engineered stone, such as its durability, low maintenance, and design versatility, has led to an increased preference for these materials in interior design and renovation projects across the region.

Region with highest CAGR:

Europe is expected to witness profitable growth over the projection period. The region's strong focus on environmental sustainability has propelled the adoption of engineered stone products, which often feature recycled content and are manufactured using eco-friendly processes. Additionally, the presence of leading manufacturers and technological advancements in engineered stone production within Europe ensures high product quality, innovative designs, and efficient distribution networks.

Key players in the market

Some of the key players in the Engineered Stone Market include Belenco, LX Hausys, Technistone A.S., Cosentino S.A.,Caesarstone Ltd., Quartzforms, Quarella Group Ltd., Johnson Marble & Quartz, Stone Italiana S.p.A. and Vicostone.

Key Developments:

In March 2022, Hafele introduced the Terra Quartz surfaces collection designed for diverse home applications, known for their robustness, versatility, and adaptability. With a substantial thickness of 20 mm, this range predominantly features Quartz, making it exceptionally resilient, flexible, and conducive to creative craftsmanship

In March 2022, Engineered Stone Group (ES Group) announced its acquisition of MTI Baths and Aquatica. MTI Baths is a producer of premium engineered stone, acrylic, hydrotherapy bathtubs, and solid surface in the U.S., while Aquatica is a distinguished brand that specializes in high-end solid surface spas and bathtubs, primarily catering to the online direct-to-consumer market in North America. The strategic move is expected to increase ES group's presence in the U.S. market

In June 2021, a joint venture between Omani and Indian businesses announced the launch of a manufacturing plant for engineered quartz stone products in Oman's Sohar Free Zone. This significant investment contributes to strengthening the country's reputation as a prominent producer and exporter of natural and engineered stones for the global construction industry.

In January 2020, Vicostone announced the launch of ultra-thin quartz surfaces that are available in several colours to suit a variety of purposes in interior design.

Products Covered:

• Blocks & Slabs
• Tiles

Types Covered:

• Polymer Concrete
• Engineered Quartz
• Engineered Marble Stone
• Other Types

Materials Covered:

• Marble-Based
• Quartz-Based
• Granite-Based
• Other Materials

Processes Covered:

• Cold Curing
• Hot Curing

Applications Covered:

• Kitchen Countertops
• Facades
• Flooring
• Bathroom Countertops
• Walls
• Other Applications

End Users Covered:

• Industrial
• Residential
• Commercial

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Engineered Stone Market, By Product

• 5.1 Introduction
• 5.2 Blocks & Slabs
• 5.3 Tiles

6 Global Engineered Stone Market, By Type

• 6.1 Introduction
• 6.2 Polymer Concrete
• 6.3 Engineered Quartz
• 6.4 Engineered Marble Stone
• 6.5 Other Types

7 Global Engineered Stone Market, By Material

• 7.1 Introduction
• 7.2 Marble-Based
• 7.3 Quartz-Based
• 7.4 Granite-Based
• 7.5 Other Materials

8 Global Engineered Stone Market, By Process

• 8.1 Introduction
• 8.2 Cold Curing
• 8.3 Hot Curing

9 Global Engineered Stone Market, By Application

• 9.1 Introduction
• 9.2 Kitchen Countertops
• 9.3 Facades
• 9.4 Flooring
• 9.5 Bathroom Countertops
• 9.6 Walls
• 9.7 Other Applications

10 Global Engineered Stone Market, By End User

• 10.1 Introduction
• 10.2 Industrial
• 10.3 Residential
• 10.4 Commercial

11 Global Engineered Stone Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 Belenco
• 13.2 LX Hausys
• 13.3 Technistone A.S.
• 13.4 Cosentino S.A.
• 13.5 Caesarstone Ltd.
• 13.6 Quartzforms
• 13.7 Quarella Group Ltd.
• 13.8 Johnson Marble & Quartz
• 13.9 Stone Italiana S.p.A.
• 13.10 Vicostone