Engineered Stone for Residential Market size was valued at USD 25 Billion in 2024 and is projected to reach USD 40 Billion by 2033, exhibiting a CAGR of 5.5% from 2026 to 2033.
The global engineered stone market was valued at USD 23.42 billion in 2022 and is projected to reach USD 36.76 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. In the Asia Pacific region, the market accounted for 35.4% of the global revenue in 2022, driven by increasing use in residential construction and interior decoration in countries like China, India, Malaysia, and Singapore. Europes market is expected to grow at a CAGR of 4.9%, influenced by stringent mining regulations and significant investments in renovating older buildings. In North America, the United States is experiencing steady growth due to an expanding construction sector and a rising demand for energy efficient building solutions. The Middle East and Africa are also projected to see considerable growth, supported by substantial government investments and increased foreign direct investment in the construction industry.The residential segment significantly contributes to the engineered stone market, particularly in applications like kitchen and bathroom countertops. The global market for engineered stone in residential applications was valued at USD 15.2 billion in 2022 and is projected to reach USD 27.4 billion by 2030, growing at a CAGR of 8.1% from 2024 to 2030. In the Asia Pacific region, countries such as India and China are expected to experience CAGRs of 7.1% and 6.8%, respectively, during the forecast period, driven by rapid urbanization and increased adoption of engineered stones in residential construction. In North America, the market is anticipated to grow at a CAGR of 5.1%, with Canada slightly higher at 5.2%, fueled by the popularity of home renovations and the DIY trend. European countries like the UK, Germany, and France are also projected to witness growth, with CAGRs of 4.5%, 4.2%, and 3.8%, respectively, between 2025 and 2034, supported by sustainable building practices and stringent energy efficiency regulations.
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Cosentino Group
DuPont
LG Hausys
Caesarstone
Hyundai L&C
Lotte Advanced Materials
Compac
Vicostone
Cambria
Santa Margherita
Quartz Master
SEIEFFE
Quarella
Zhongxun
Sinostone
Baoliya
Qianyun
The Engineered Stone Group
Aristech Acrylics
PengXiang Industry
ChuanQi
New SunShine Stone
Leigei Stone
GuangTaiXiang
Relang Industrial
Bitto
Meyate Group
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Engineered Stone for Residential Market
Slabs
Tiles
Kitchen Countertops
Bathroom Countertops
Flooring
Wall Cladding
Residential
Commercial
White
Beige
Gray
Black
Custom Colors
Quartz-based Engineered Stone
Resin-based Engineered Stone
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Engineered Stone for Residential Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Engineered Stone for Residential Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Engineered Stone for Residential Market, By Type
6. Global Engineered Stone for Residential Market, By Application
7. Global Engineered Stone for Residential Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Engineered Stone for Residential Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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