Singapore Stone Market (2024-2030) | Industry, Outlook, Value, Size, Share, Analysis, Revenue, Growth, Trends, Companies, Forecast

Market Forecast By Type (Granite, Basalt &Trap, Limestone, Quartzite, Slate, Laterite, Marble , Others), By Applications ( Kitchens, Bathrooms, Facades, Floor Coverings, Sidings, Aggregates, Lime Burning, Others ), By End-users (Residential, Non-Residential, Others) And Competitive Landscape
Product Code: ETC039188 Publication Date: Jul 2023 Updated Date: Apr 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Singapore Stone Market Competition 2023


Singapore Export Potential Assessment For Stone Market (Values in Thousand)


Singapore Stone Market Synopsis

The Singapore stone market is expected to register a healthy CAGR of 5.3% over the forecast period (2020-2026). The country imports and exports various types of stones, including granite, marble, sandstone, quartzite and slate for construction projects in both residential and commercial settings. Furthermore, quarrying activities are underway in the region for extraction of natural stones for use in landscaping industries as well as luxurious homes. Increasing investments from public sector to develop infrastructure activities will further propel the growth during the forecast period.

Market Drivers

Increasing demand for construction activities coupled with government initiatives to support infrastructural development is one of the major factors driving growth in this market. Additionally, rising demand from hospitality industry owing to rapid growth in tourism has led to higher consumption rate of stone materials such as granite and marble in furnishing interiors of hotel rooms. Moreover growing awareness regarding health benefits associated with eco-friendly building materials like clay bricks have boosted its usage resulting into increased profits for manufacturers operating under this division across Singapore stone market landscape.

Market challenges

High cost associated with transportation due to lack of proper roadways along with geographical limitations act as major hurdle hindering overall progress made by key players operating within this domain over past few years impacting their profit margins significantly at times making it difficult for them sustain their presence on long run basis.Besides high prices involved generally related towards importation process also leads too slow adoption rate among buyers hence adversely affecting sales figures in short term leading too losses incurred at macro level ultimately restricting desired outcome achieved through expansion strategies formulated earlier upon entering into new markets outside domestic boundaries.

Key players

Some prominent playersthe Singapore Stone Market include Marble King Pte Ltd., Bistone International Pte Ltd., Euroasia Marble & Granite Pte Ltd., Sunway Marketing (S)PteLtd., Kian Ann Engineering Co Pte Ltd., Yew Choon Marble Contractor(PTE.) LTD.

Covid-19 Impact

The outbreak COVID 19 has caused an unprecedented impact on businesses all over world including Singapore stone industry which has been hampered due changes implemented restrictions imposed by authorities such travel bans shutting down manufacturing units ETC Hence causing sudden decline observed terms production delivery rates & overall profitability reached before pandemic hit global economy negatively altering supply chain dynamics existing since long time& further disrupting operations carried out smoothly without any disruptions prior occurrence virus.

Key Highlights of the Report:

  • Singapore Stone Market Outlook
  • Market Size of Singapore Stone Market, 2023
  • Forecast of Singapore Stone Market, 2030
  • Historical Data and Forecast of Singapore Stone Revenues & Volume for the Period 2020-2030
  • Singapore Stone Market Trend Evolution
  • Singapore Stone Market Drivers and Challenges
  • Singapore Stone Price Trends
  • Singapore Stone Porter's Five Forces
  • Singapore Stone Industry Life Cycle
  • Historical Data and Forecast of Singapore Stone Market Revenues & Volume By Type for the Period 2020-2030
  • Historical Data and Forecast of Singapore Stone Market Revenues & Volume By Granite for the Period 2020-2030
  • Historical Data and Forecast of Singapore Stone Market Revenues & Volume By Basalt &Trap for the Period 2020-2030
  • Historical Data and Forecast of Singapore Stone Market Revenues & Volume By Limestone for the Period 2020-2030
  • Historical Data and Forecast of Singapore Stone Market Revenues & Volume By Quartzite for the Period 2020-2030
  • Historical Data and Forecast of Singapore Stone Market Revenues & Volume By Slate for the Period 2020-2030
  • Historical Data and Forecast of Singapore Stone Market Revenues & Volume By Laterite for the Period 2020-2030
  • Historical Data and Forecast of Singapore Stone Market Revenues & Volume By Marble? for the Period 2020-2030
  • Historical Data and Forecast of Singapore Granite Stone Market Revenues & Volume By Others for the Period 2020-2030
  • Historical Data and Forecast of Singapore Stone Market Revenues & Volume By Applications for the Period 2020-2030
  • Historical Data and Forecast of Singapore Stone Market Revenues & Volume By ?Kitchens for the Period 2020-2030
  • Historical Data and Forecast of Singapore Stone Market Revenues & Volume By Bathrooms for the Period 2020-2030
  • Historical Data and Forecast of Singapore Stone Market Revenues & Volume By Facades for the Period 2020-2030
  • Historical Data and Forecast of Singapore Stone Market Revenues & Volume By Floor Coverings for the Period 2020-2030
  • Historical Data and Forecast of Singapore Stone Market Revenues & Volume By Sidings for the Period 2020-2030
  • Historical Data and Forecast of Singapore Stone Market Revenues & Volume By Aggregates for the Period 2020-2030
  • Historical Data and Forecast of Singapore Stone Market Revenues & Volume By Lime Burning for the Period 2020-2030
  • Historical Data and Forecast of Singapore Stone Market Revenues & Volume By Others? for the Period 2020-2030
  • Historical Data and Forecast of Singapore Stone Market Revenues & Volume By End-users for the Period 2020-2030
  • Historical Data and Forecast of Singapore Stone Market Revenues & Volume By Residential for the Period 2020-2030
  • Historical Data and Forecast of Singapore Stone Market Revenues & Volume By Non-Residential for the Period 2020-2030
  • Historical Data and Forecast of Singapore Stone Market Revenues & Volume By Others for the Period 2020-2030
  • Singapore Stone Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Applications
  • Market Opportunity Assessment By End-users
  • Singapore Stone Top Companies Market Share
  • Singapore Stone Competitive Benchmarking By Technical and Operational Parameters
  • Singapore Stone Company Profiles
  • Singapore Stone Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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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 Singapore Stone Market Overview

3.1 Singapore Country Macro Economic Indicators

3.2 Singapore Stone Market Revenues & Volume, 2020 & 2030F

3.3 Singapore Stone Market - Industry Life Cycle

3.4 Singapore Stone Market - Porter's Five Forces

3.5 Singapore Stone Market Revenues & Volume Share, By Type, 2020 & 2030F

3.6 Singapore Stone Market Revenues & Volume Share, By Applications, 2020 & 2030F

3.7 Singapore Stone Market Revenues & Volume Share, By End-users, 2020 & 2030F

4 Singapore Stone Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Singapore Stone Market Trends

6 Singapore Stone Market, By Types

6.1 Singapore Stone Market, By Type

6.1.1 Overview and Analysis

6.1.2 Singapore Stone Market Revenues & Volume, By Type, 2020-2030F

6.1.3 Singapore Stone Market Revenues & Volume, By Granite, 2020-2030F

6.1.4 Singapore Stone Market Revenues & Volume, By Basalt &Trap, 2020-2030F

6.1.5 Singapore Stone Market Revenues & Volume, By Limestone, 2020-2030F

6.1.6 Singapore Stone Market Revenues & Volume, By Quartzite, 2020-2030F

6.1.7 Singapore Stone Market Revenues & Volume, By Slate, 2020-2030F

6.1.8 Singapore Stone Market Revenues & Volume, By Laterite, 2020-2030F

6.1.9 Singapore Stone Market Revenues & Volume, By Others, 2020-2030F

6.1.10 Singapore Stone Market Revenues & Volume, By Others, 2020-2030F

6.2 Singapore Stone Market, By Applications

6.2.1 Overview and Analysis

6.2.2 Singapore Stone Market Revenues & Volume, By  Kitchens, 2020-2030F

6.2.3 Singapore Stone Market Revenues & Volume, By Bathrooms, 2020-2030F

6.2.4 Singapore Stone Market Revenues & Volume, By Facades, 2020-2030F

6.2.5 Singapore Stone Market Revenues & Volume, By Floor Coverings, 2020-2030F

6.2.6 Singapore Stone Market Revenues & Volume, By Sidings, 2020-2030F

6.2.7 Singapore Stone Market Revenues & Volume, By Aggregates, 2020-2030F

6.2.8 Singapore Stone Market Revenues & Volume, By Others , 2020-2030F

6.2.9 Singapore Stone Market Revenues & Volume, By Others , 2020-2030F

6.3 Singapore Stone Market, By End-users

6.3.1 Overview and Analysis

6.3.2 Singapore Stone Market Revenues & Volume, By Residential, 2020-2030F

6.3.3 Singapore Stone Market Revenues & Volume, By Non-Residential, 2020-2030F

6.3.4 Singapore Stone Market Revenues & Volume, By Others, 2020-2030F

7 Singapore Stone Market Import-Export Trade Statistics

7.1 Singapore Stone Market Export to Major Countries

7.2 Singapore Stone Market Imports from Major Countries

8 Singapore Stone Market Key Performance Indicators

9 Singapore Stone Market - Opportunity Assessment

9.1 Singapore Stone Market Opportunity Assessment, By Type, 2020 & 2030F

9.2 Singapore Stone Market Opportunity Assessment, By Applications, 2020 & 2030F

9.3 Singapore Stone Market Opportunity Assessment, By End-users, 2020 & 2030F

10 Singapore Stone Market - Competitive Landscape

10.1 Singapore Stone Market Revenue Share, By Companies, 2023

10.2 Singapore Stone Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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