Product Code: ETC345504 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
India Sandstone market currently, in 2023, has witnessed an HHI of 10000, Which has increased substantially as compared to the HHI of 4934 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
India Sandstone Market HHI Index Trend of Exporting Countries
For India Exporters of Sandstone , United Kingdom (UK) seems to be the most attractive market (in 2028) in terms of export potential followed by China, USA, United Arab Emirates (UAE) and Netherlands. Also United Kingdom (UK) offers high import demand potential for other countries as well in 2028.
The India sandstone market is anticipated to expand due to its widespread use in construction and landscaping. Sandstone is valued for its aesthetic appeal and durability. The market`s outlook is positive, supported by infrastructural development and urban beautification projects. Challenges include environmental considerations related to quarrying and competition from alternative building materials.
The India sandstone market is driven by several factors. The construction industry`s growth, particularly in residential and commercial projects, fuels the demand for sandstone as a durable and aesthetically pleasing building material. Sandstone`s versatility for indoor and outdoor applications, along with its availability in various colors and textures, drives its popularity. The preference for natural and sustainable materials also contributes to the market`s expansion. With an increasing focus on infrastructure development and urbanization, the demand for sandstone in paving, cladding, and landscaping projects is expected to rise.
The India sandstone market has expanded in construction and landscaping. Challenges include maintaining consistent quality across different types of sandstone and ensuring environmentally responsible extraction practices.
The India sandstone market is expected to experience moderate growth in the foreseeable future. Sandstone is extensively used in the construction industry for paving, cladding, and landscaping purposes. The COVID-19 pandemic might have temporarily affected construction activities, leading to a decline in demand. Nevertheless, with the revival of the construction sector, the market is likely to recover.
The India sandstone market is poised for growth due to its widespread application in construction, landscaping, and architectural projects. Sandstone`s aesthetic appeal and durability make it a preferred choice for various applications. Key players in this market include quarrying and processing companies like Agra Red Stone Company, Gwalior Stone Works, and Elegant Natural Stones. These companies are focusing on sustainable extraction practices and innovative product offerings to meet the evolving demands of the construction and design industries.
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 Sandstone Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Sandstone Market Revenues & Volume, 2021 & 2031F |
3.3 India Sandstone Market - Industry Life Cycle |
3.4 India Sandstone Market - Porter's Five Forces |
3.5 India Sandstone Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Sandstone Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Sandstone Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Sandstone Market Trends |
6 India Sandstone Market, By Types |
6.1 India Sandstone Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Sandstone Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Sandstone Market Revenues & Volume, By Quartz Sandstone, 2021-2031F |
6.1.4 India Sandstone Market Revenues & Volume, By Quartzite, 2021-2031F |
6.1.5 India Sandstone Market Revenues & Volume, By Arkose, 2021-2031F |
6.2 India Sandstone Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Sandstone Market Revenues & Volume, By Temples, 2021-2031F |
6.2.3 India Sandstone Market Revenues & Volume, By Houses, 2021-2031F |
6.2.4 India Sandstone Market Revenues & Volume, By Artistic Creation, 2021-2031F |
6.2.5 India Sandstone Market Revenues & Volume, By Other, 2021-2031F |
7 India Sandstone Market Import-Export Trade Statistics |
7.1 India Sandstone Market Export to Major Countries |
7.2 India Sandstone Market Imports from Major Countries |
8 India Sandstone Market Key Performance Indicators |
9 India Sandstone Market - Opportunity Assessment |
9.1 India Sandstone Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Sandstone Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Sandstone Market - Competitive Landscape |
10.1 India Sandstone Market Revenue Share, By Companies, 2024 |
10.2 India Sandstone Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |