Product Code: ETC274524 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India engineered stone market import shipment demonstrated a remarkable CAGR from 2020 to 2024, reflecting strong and consistent growth. Notably, the growth rate between 2023 and 2024 accelerated significantly, indicating increasing momentum and a robust upward trend in market expansion.
Engineered stone products, like quartz and marble composites, have gained popularity in the India market. These materials offer durability, aesthetics, and a wide range of design possibilities. The interior design and construction sectors are increasingly opting for engineered stone products, making this market competitive and innovative. The demand for low-maintenance and stylish surfaces continues to drive growth in this segment.
The India engineered stone market is driven by the interior design and construction sectors. Engineered stones, such as quartz and marble composites, offer the aesthetics of natural stone with enhanced durability and design flexibility, making them popular choices in the construction and design industry.
The India engineered stone market grapples with challenges linked to the competition from natural stone and synthetic alternatives. Maintaining consistent quality and innovative designs while adhering to environmental regulations and sustainability standards is a key challenge. Raw material costs and the overall economic environment can also affect market dynamics.
The engineered stone market in India encountered a challenging period during the COVID-19 outbreak. The construction sector, a key consumer of engineered stone, faced disruptions due to halted projects, labor shortages, and supply chain interruptions. As real estate and infrastructure development slowed, demand for engineered stone declined. The market witnessed a shift in consumer behavior towards more essential spending, impacting renovation and decorative projects. Nevertheless, with the gradual resumption of construction activities and a renewed focus on home improvement, the engineered stone market is gradually recovering, although challenges persist due to ongoing economic uncertainties.
In the India Engineered Stone market, leading manufacturers such as KalingaStone, Classic Marble Company, and Pokarna Limited provide innovative and durable engineered stone products. These companies offer a wide range of engineered stone surfaces for residential and commercial applications, catering to the interior design and architectural needs of India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Engineered Stone Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Engineered Stone Market Revenues & Volume, 2021 & 2031F |
3.3 India Engineered Stone Market - Industry Life Cycle |
3.4 India Engineered Stone Market - Porter's Five Forces |
3.5 India Engineered Stone Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Engineered Stone Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Engineered Stone Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for aesthetically pleasing and durable construction materials in India |
4.2.2 Growing awareness about the benefits of engineered stone products such as low maintenance and high durability |
4.2.3 Rise in residential and commercial construction activities in urban areas of India |
4.3 Market Restraints |
4.3.1 High initial cost of engineered stone products compared to traditional materials like natural stone or ceramic tiles |
4.3.2 Lack of skilled labor for installation and maintenance of engineered stone products |
4.3.3 Fluctuations in raw material prices impacting the overall cost of production |
5 India Engineered Stone Market Trends |
6 India Engineered Stone Market, By Types |
6.1 India Engineered Stone Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Engineered Stone Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 India Engineered Stone Market Revenues & Volume, By Tiles, 2021-2031F |
6.1.4 India Engineered Stone Market Revenues & Volume, By Blocks & Slabs, 2021-2031F |
6.2 India Engineered Stone Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Engineered Stone Market Revenues & Volume, By Countertops, 2021-2031F |
6.2.3 India Engineered Stone Market Revenues & Volume, By Flooring, 2021-2031F |
6.2.4 India Engineered Stone Market Revenues & Volume, By Others, 2021-2031F |
7 India Engineered Stone Market Import-Export Trade Statistics |
7.1 India Engineered Stone Market Export to Major Countries |
7.2 India Engineered Stone Market Imports from Major Countries |
8 India Engineered Stone Market Key Performance Indicators |
8.1 Average price per square foot of engineered stone products in the Indian market |
8.2 Number of new construction projects opting for engineered stone materials |
8.3 Adoption rate of engineered stone products in different regions of India |
9 India Engineered Stone Market - Opportunity Assessment |
9.1 India Engineered Stone Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Engineered Stone Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Engineered Stone Market - Competitive Landscape |
10.1 India Engineered Stone Market Revenue Share, By Companies, 2024 |
10.2 India Engineered Stone Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |