China Marble Market Foreseen to Grow Exponentially by 2030

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China Marble Market Foreseen to Grow Exponentially by 2030

Transcript of China Marble Market Foreseen to Grow Exponentially by 2030

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China Marble Market

Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2030

©2019 Transparency Market Research, All Rights Reserved

©2019 Transparency Market Research, All Rights Reserved

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Transparency Market Research (TMR) is a market intelligence company, providing North America business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. We have an experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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Natural marble is one of the most extensively used natural stone materials across the world for use in an array of applications, including building decoration, furniture, interior designing, and art & carvings.

Although Spain, Italy, and Greece are among the most popular manufacturers of marble over the past decade, China has emerged as a dominant force in the global marble market.

The China marble market is thriving on the rapidly expanding construction sector in the country and soaring government emphasis on infrastructure development and urbanization.

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High Demand from Construction Sector to Boost Market Growth

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Chinese Marble Manufacturers to Focus on Product Innovation and New Technologies

Several companies operating in the China marble market are increasingly focusing on product innovation and deploying new technologies to enhance the quality of their products. Apart from capitalizing on the opportunities across the home decoration sector, several market participants are investing considerable resources to improve the performance of porcelain tiles.

Moreover, lower cost of marble products in China in comparison with other nations make it an attractive market.

Product innovations and continual upgrade of various manufacturing and processing technologies are expected to lay the foundation for the overall growth of the China marble market.

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Chinese Tile Sector Likely to Beat Indian Market; High Demand from Rural Areas in China

The China marble market is expected to witness considerable growth in the upcoming decade, owing to the rising consumption of marble tiles across the country as well as in different regions of Asia.

The overall consumption of Chinese tiles, particularly in the domestic sector and rural parts of China, has increased at a healthy rate in the past few years and the trend is likely to continue during the forecast period.

©2019 Transparency Market Research, All Rights Reserved

©2019 Transparency Market Research, All Rights Reserved

Key players operating in the China marble market include

Xishi Group Ltd.

Xiamen Yuanda Stone Co. Ltd

Xiamen Kungfu Stone Ltd.,

Xiamen Quality Stone Co. Ltd.

JSC Stone

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