The engineered stone market size has grown strongly in recent years. It will grow from $27.64 billion in 2024 to $29.35 billion in 2025 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to a low-interest rate environment, rising single-family constructions, growing demand for energy-efficient materials, strong economic growth in emerging markets, and growth in the world population.
The engineered stone market size is expected to see steady growth in the next few years. It will grow to $35.47 billion in 2029 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to global population growth and urbanization, increasing infrastructure development, rapid industrialization, government focus towards construction, and increasing focus towards sustainability. Major trends in the forecast period include manufacturing and development of engineered stone from recycled materials, leveraging hybrid print technology to advance surface aesthetics, focusing on the development of luxurious stone surfaces and accessories, introducing engineered stone that is free of PVC (polyvinyl chloride) and plasticizers and introducing engineered stone which is easy to install.
The high growth in the construction industry is indeed expected to propel the growth of the engineered stone market. Engineered stones are increasingly favored for a variety of applications in both residential and commercial construction, including kitchen countertops, floors, and façade tiles. Their desirable properties - such as being bacteria-resistant, scratch-resistant, and heat-resistant - make them a preferred choice for modern building projects. The surge in construction activities, particularly in the residential sector, is likely to boost the demand for engineered stones. For example, in February 2024, Eurostat reported that average annual building production in the EU and the euro area saw modest increases of 0.1% and 0.2% respectively compared to 2022. This trend reflects ongoing investment in construction and infrastructure, which will likely enhance the usage of engineered stones throughout the forecast period. Thus, the thriving construction industry is a significant driver for the engineered stone market's growth.
Rapid industrialization is indeed expected to significantly boost the growth of the engineered stone market. As economies transition from agriculture-based to manufacturing-focused, the demand for durable and versatile materials like engineered stone rises, particularly in commercial applications. Engineered stones, known for their non-porous nature and antifungal and antibacterial properties, are ideal for environments requiring high hygiene standards, such as restaurants and medical facilities. Their high strength and hardness also make them suitable for various commercial applications, including office spaces and shopping malls. The process of industrialization often leads to urbanization, creating economic growth and job opportunities that drive the demand for commercial and residential spaces. Increased investments in infrastructure and construction projects further fuel this demand. For instance, in December 2023, the National Institute of Standards and Technology (NIST) reported that manufacturing contributed $2.3 trillion to the U.S. GDP in 2022, which accounted for 11.4% of the total GDP. Additionally, the substantial price increases for manufactured goods underscore the robust growth in this sector.
Major companies in the engineered stone market are indeed prioritizing sustainable manufacturing practices and innovative designs to meet consumer demands for aesthetically pleasing and high-performance surfaces. This focus not only enhances the functionality of residential and commercial spaces but also aligns with increasing consumer preferences for eco-friendly products. For example, Corian's launch of its 2024 aesthetics for Corian® Quartz showcases how companies are integrating nature-inspired designs to create versatile applications across various environments. The introduction of collections like the Quartzite Collection and Iconic Stone Collection emphasizes unique veining patterns and colors, allowing designers and homeowners to achieve sophisticated looks that blend beauty with durability. Such initiatives not only cater to aesthetic desires but also promote sustainable practices, appealing to environmentally conscious consumers. By offering diverse design applications, companies can effectively tap into a broader market, providing creative and functional interior solutions that enhance the overall appeal of both residential and commercial spaces. This approach positions them competitively in a rapidly evolving market.
Major companies in the engineered stone market are increasingly embracing innovative materials like sintered stone to meet consumer demand for high-quality surfaces that blend aesthetic appeal, durability, and sustainability. Sintered engineered stone is notable for its unique manufacturing process, where natural raw materials such as quartz, clay, and feldspar are subjected to high temperatures and pressure, resulting in a strong and resilient material. For example, Smartstone Company's launch of its Sintered Collection in January 2024 highlights this trend. This range, made from all-natural materials, not only aligns with new federal regulations following the ban on certain engineered stones but also emphasizes high performance and aesthetic versatility. The collection features 24 stone-inspired surfaces with various finishes and edge profiles, catering to both indoor and outdoor applications. By focusing on sintered stone, companies can offer products that not only look great but also meet sustainability goals and regulatory standards, positioning themselves well in a competitive market where consumers are increasingly aware of both design and environmental impact. This strategic move supports a broader trend towards more responsible and innovative material choices in the construction and design industries.
In May 2022, Sun Capital Partners, Inc., a US-based private equity firm, acquired TENAX, an Italy-based company renowned for its production of mastics, epoxy systems, surface treatments, and abrasives for natural stone, ceramic, and quartz. This acquisition aims to bolster Sun Capital's market penetration in the engineered stone sector and capitalize on emerging growth opportunities within this expanding market. By integrating TENAX's expertise and product offerings, Sun Capital seeks to enhance its portfolio and strengthen its position in the engineered stone industry, aligning with the increasing demand for high-quality materials in construction and design applications.
Major companies operating in the engineered stone market include LX Hausys, Ltd, Cosentino S.A., Caesarstone Ltd, Vicostone Jsc, Wilsonart LLC, Quarella Group Ltd, Quartzforms, Diresco, Granite & Marble Specialties, Leko Stone Co., Ltd, De Well Group Korea Co., Ltd, Stone Ambassador, Ydl Stone, Australian Stone, Gitani Stone Australia, Ramolia Ceramic, Mystic Stone Private Limited, Aakar Granites, Taanj, Kalingastone, Quantra, Guangzhou Hercules Quartz Stone Co., Ltd, Shandong Lylongsen Material Co., Ltd, Foshan Strong Quartz Co., Ltd, Yunfu Wayon Stone Co., Ltd, Viva Quartz Stone, Santa Margherita Spa, Johnson Marble & Quartz, Technistone A.S, A.St.A. World-Wide, Belenco, Gransena, Exotic Stones, Granos, Alicante, Magban, Thor Granitos, Magnitos, Top Marmore, Laka Granite, Patagonia Stone S.A, Granito Serrano S.A, Matavelli, Mina Marbles, Glaze Granite & Marble, Prestige Stone Llc, Grani Marmo Classic, Jama Marble & Granite, Marble Homes.
Asia-Pacific was the largest region in the engineered stone market in 2024. The regions covered in the engineered stone market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the engineered stone market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Engineered stone refers to a composite slab composed of 90% crushed quartz bound together with a polymer resin, with the remaining 10% incorporating additional materials such as metals, mirrors, or colored glass for aesthetic appeal. Widely employed in applications where traditional slab stones such as marble or granite are used, engineered stone is particularly popular for kitchen and bathroom countertops.
The primary types of engineered stone products include tiles, blocks, and slabs. These products find versatile applications in various furnishing contexts, including kitchen worktops, flooring, raised flooring, internal and external cladding, vanity tops, and bathroom furnishings for both residential and large-scale commercial projects. Engineered stone is produced through cold-curing and hot-curing processes, and its applications span kitchen and bathroom countertops, flooring, facades, walls, and more.
The engineered stone research report is one of a series of new reports that provides engineered stone statistics, including engineered stone industry global market size, regional shares, competitors with engineered stone shares, detailed engineered stone segments, market trends and opportunities, and any further data you may need to thrive in the engineered stone industry. This engineered stone research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The engineered stone market consists of sales of Caesarstone, dekton, quartz, and Silestone. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The engineered stone market size is expected to see steady growth in the next few years. It will grow to $35.47 billion in 2029 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to global population growth and urbanization, increasing infrastructure development, rapid industrialization, government focus towards construction, and increasing focus towards sustainability. Major trends in the forecast period include manufacturing and development of engineered stone from recycled materials, leveraging hybrid print technology to advance surface aesthetics, focusing on the development of luxurious stone surfaces and accessories, introducing engineered stone that is free of PVC (polyvinyl chloride) and plasticizers and introducing engineered stone which is easy to install.
The high growth in the construction industry is indeed expected to propel the growth of the engineered stone market. Engineered stones are increasingly favored for a variety of applications in both residential and commercial construction, including kitchen countertops, floors, and façade tiles. Their desirable properties - such as being bacteria-resistant, scratch-resistant, and heat-resistant - make them a preferred choice for modern building projects. The surge in construction activities, particularly in the residential sector, is likely to boost the demand for engineered stones. For example, in February 2024, Eurostat reported that average annual building production in the EU and the euro area saw modest increases of 0.1% and 0.2% respectively compared to 2022. This trend reflects ongoing investment in construction and infrastructure, which will likely enhance the usage of engineered stones throughout the forecast period. Thus, the thriving construction industry is a significant driver for the engineered stone market's growth.
Rapid industrialization is indeed expected to significantly boost the growth of the engineered stone market. As economies transition from agriculture-based to manufacturing-focused, the demand for durable and versatile materials like engineered stone rises, particularly in commercial applications. Engineered stones, known for their non-porous nature and antifungal and antibacterial properties, are ideal for environments requiring high hygiene standards, such as restaurants and medical facilities. Their high strength and hardness also make them suitable for various commercial applications, including office spaces and shopping malls. The process of industrialization often leads to urbanization, creating economic growth and job opportunities that drive the demand for commercial and residential spaces. Increased investments in infrastructure and construction projects further fuel this demand. For instance, in December 2023, the National Institute of Standards and Technology (NIST) reported that manufacturing contributed $2.3 trillion to the U.S. GDP in 2022, which accounted for 11.4% of the total GDP. Additionally, the substantial price increases for manufactured goods underscore the robust growth in this sector.
Major companies in the engineered stone market are indeed prioritizing sustainable manufacturing practices and innovative designs to meet consumer demands for aesthetically pleasing and high-performance surfaces. This focus not only enhances the functionality of residential and commercial spaces but also aligns with increasing consumer preferences for eco-friendly products. For example, Corian's launch of its 2024 aesthetics for Corian® Quartz showcases how companies are integrating nature-inspired designs to create versatile applications across various environments. The introduction of collections like the Quartzite Collection and Iconic Stone Collection emphasizes unique veining patterns and colors, allowing designers and homeowners to achieve sophisticated looks that blend beauty with durability. Such initiatives not only cater to aesthetic desires but also promote sustainable practices, appealing to environmentally conscious consumers. By offering diverse design applications, companies can effectively tap into a broader market, providing creative and functional interior solutions that enhance the overall appeal of both residential and commercial spaces. This approach positions them competitively in a rapidly evolving market.
Major companies in the engineered stone market are increasingly embracing innovative materials like sintered stone to meet consumer demand for high-quality surfaces that blend aesthetic appeal, durability, and sustainability. Sintered engineered stone is notable for its unique manufacturing process, where natural raw materials such as quartz, clay, and feldspar are subjected to high temperatures and pressure, resulting in a strong and resilient material. For example, Smartstone Company's launch of its Sintered Collection in January 2024 highlights this trend. This range, made from all-natural materials, not only aligns with new federal regulations following the ban on certain engineered stones but also emphasizes high performance and aesthetic versatility. The collection features 24 stone-inspired surfaces with various finishes and edge profiles, catering to both indoor and outdoor applications. By focusing on sintered stone, companies can offer products that not only look great but also meet sustainability goals and regulatory standards, positioning themselves well in a competitive market where consumers are increasingly aware of both design and environmental impact. This strategic move supports a broader trend towards more responsible and innovative material choices in the construction and design industries.
In May 2022, Sun Capital Partners, Inc., a US-based private equity firm, acquired TENAX, an Italy-based company renowned for its production of mastics, epoxy systems, surface treatments, and abrasives for natural stone, ceramic, and quartz. This acquisition aims to bolster Sun Capital's market penetration in the engineered stone sector and capitalize on emerging growth opportunities within this expanding market. By integrating TENAX's expertise and product offerings, Sun Capital seeks to enhance its portfolio and strengthen its position in the engineered stone industry, aligning with the increasing demand for high-quality materials in construction and design applications.
Major companies operating in the engineered stone market include LX Hausys, Ltd, Cosentino S.A., Caesarstone Ltd, Vicostone Jsc, Wilsonart LLC, Quarella Group Ltd, Quartzforms, Diresco, Granite & Marble Specialties, Leko Stone Co., Ltd, De Well Group Korea Co., Ltd, Stone Ambassador, Ydl Stone, Australian Stone, Gitani Stone Australia, Ramolia Ceramic, Mystic Stone Private Limited, Aakar Granites, Taanj, Kalingastone, Quantra, Guangzhou Hercules Quartz Stone Co., Ltd, Shandong Lylongsen Material Co., Ltd, Foshan Strong Quartz Co., Ltd, Yunfu Wayon Stone Co., Ltd, Viva Quartz Stone, Santa Margherita Spa, Johnson Marble & Quartz, Technistone A.S, A.St.A. World-Wide, Belenco, Gransena, Exotic Stones, Granos, Alicante, Magban, Thor Granitos, Magnitos, Top Marmore, Laka Granite, Patagonia Stone S.A, Granito Serrano S.A, Matavelli, Mina Marbles, Glaze Granite & Marble, Prestige Stone Llc, Grani Marmo Classic, Jama Marble & Granite, Marble Homes.
Asia-Pacific was the largest region in the engineered stone market in 2024. The regions covered in the engineered stone market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the engineered stone market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Engineered stone refers to a composite slab composed of 90% crushed quartz bound together with a polymer resin, with the remaining 10% incorporating additional materials such as metals, mirrors, or colored glass for aesthetic appeal. Widely employed in applications where traditional slab stones such as marble or granite are used, engineered stone is particularly popular for kitchen and bathroom countertops.
The primary types of engineered stone products include tiles, blocks, and slabs. These products find versatile applications in various furnishing contexts, including kitchen worktops, flooring, raised flooring, internal and external cladding, vanity tops, and bathroom furnishings for both residential and large-scale commercial projects. Engineered stone is produced through cold-curing and hot-curing processes, and its applications span kitchen and bathroom countertops, flooring, facades, walls, and more.
The engineered stone research report is one of a series of new reports that provides engineered stone statistics, including engineered stone industry global market size, regional shares, competitors with engineered stone shares, detailed engineered stone segments, market trends and opportunities, and any further data you may need to thrive in the engineered stone industry. This engineered stone research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The engineered stone market consists of sales of Caesarstone, dekton, quartz, and Silestone. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Engineered Stone Market Characteristics3. Engineered Stone Market Trends and Strategies4. Engineered Stone Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Engineered Stone Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Engineered Stone Market34. Recent Developments in the Engineered Stone Market
5. Global Engineered Stone Growth Analysis and Strategic Analysis Framework
6. Engineered Stone Market Segmentation
7. Engineered Stone Market Regional and Country Analysis
8. Asia-Pacific Engineered Stone Market
9. China Engineered Stone Market
10. India Engineered Stone Market
11. Japan Engineered Stone Market
12. Australia Engineered Stone Market
13. Indonesia Engineered Stone Market
14. South Korea Engineered Stone Market
15. Western Europe Engineered Stone Market
16. UK Engineered Stone Market
17. Germany Engineered Stone Market
18. France Engineered Stone Market
19. Italy Engineered Stone Market
20. Spain Engineered Stone Market
21. Eastern Europe Engineered Stone Market
22. Russia Engineered Stone Market
23. North America Engineered Stone Market
24. USA Engineered Stone Market
25. Canada Engineered Stone Market
26. South America Engineered Stone Market
27. Brazil Engineered Stone Market
28. Middle East Engineered Stone Market
29. Africa Engineered Stone Market
30. Engineered Stone Market Competitive Landscape and Company Profiles
31. Engineered Stone Market Other Major and Innovative Companies
35. Engineered Stone Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Engineered Stone Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on engineered stone market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for engineered stone? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The engineered stone market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Tiles and Blocks, Slabs2) By Process: Cold Curing, Hot Curing
3) By Application: Countertops, Flooring, Wall, Facades, Others
Subsegments:
1) By Tiles and Blocks: Engineered Stone Tiles; Engineered Stone Blocks2) By Slabs: Thin Slabs; Standard Thickness Slabs
Key Companies Mentioned: LX Hausys, Ltd; Cosentino S.A.; Caesarstone Ltd; Vicostone Jsc; Wilsonart LLC
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- LX Hausys, Ltd
- Cosentino S.A.
- Caesarstone Ltd
- Vicostone Jsc
- Wilsonart LLC
- Quarella Group Ltd
- Quartzforms
- Diresco
- Granite & Marble Specialties
- Leko Stone Co., Ltd
- De Well Group Korea Co., Ltd
- Stone Ambassador
- Ydl Stone
- Australian Stone
- Gitani Stone Australia
- Ramolia Ceramic
- Mystic Stone Private Limited
- Aakar Granites
- Taanj
- Kalingastone
- Quantra
- Guangzhou Hercules Quartz Stone Co., Ltd
- Shandong Lylongsen Material Co., Ltd
- Foshan Strong Quartz Co., Ltd
- Yunfu Wayon Stone Co., Ltd
- Viva Quartz Stone
- Santa Margherita Spa
- Johnson Marble & Quartz
- Technistone A.S
- A.St.A. World-Wide
- Belenco
- Gransena
- Exotic Stones
- Granos
- Alicante
- Magban
- Thor Granitos
- Magnitos
- Top Marmore
- Laka Granite
- Patagonia Stone S.A
- Granito Serrano S.A
- Matavelli
- Mina Marbles
- Glaze Granite & Marble
- Prestige Stone Llc
- Grani Marmo Classic
- Jama Marble & Granite
- Marble Homes
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 29.35 Billion |
Forecasted Market Value ( USD | $ 35.47 Billion |
Compound Annual Growth Rate | 4.8% |
Regions Covered | Global |
No. of Companies Mentioned | 49 |