Stone Cutting, Shaping & Finishing in the UK - Industry Market Research Report

Cutting off: In 2023-24, industry revenue is forecast to decline due to a sharp downturn in construction activity

The Stone Cutting, Shaping and Finishing industry relies on key downstream construction markets in both the residential and commercial segments, so it is susceptible to cyclical demand trends. Roofing and stone furnishings like flooring, tiling and worktops are common applications for stone, with finished stone products often used for both interior and exterior structural and decorative purposes. Peripheral projects, including the restoration of heritage sites or monuments, also bolster industry revenue. Firms in this industry cut, shape and finish rough-hewn stone used in construction and building, cemeteries, on the road such as paving slabs and flagstones; and roofing. The industry does not include the production of rough-cut stone, nor the production of abrasive stones. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.