Thailand Granite Market (2025-2031) | Size, Companies, Share, Outlook, Forecast, Growth, Industry, Revenue, Analysis, Value & Trends

Name: Thailand Granite Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Granite Market, Thailand Granite Market, Thailand Granite Market Revenues, Thailand Granite Market Share, Thailand Granite Market Size, Thailand Granite Market Outlook, Thailand Granite Market Report, Thailand Granite Market Competition, Thailand Granite Market Overview, Thailand Granite Market Trends, Thailand Granite Market Forecast

Market Forecast By Product (Granite Slabs, Granite Tiles, Others), By Application (Kitchen Countertops, Flooring, Stair Treads, Monuments, Others) And Competitive Landscape

Product Code: ETC049505	Publication Date: Jul 2023	Updated Date: Nov 2025	Product Type: Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 70	No. of Figures: 35	No. of Tables: 5

Thailand Granite Market: Import Trend Analysis

Thailand import trend for the granite market in 2024 saw a minimal growth rate of 0.02%, with a compound annual growth rate (CAGR) of -10.32% for the period 2020-2024. This decline in CAGR may be attributed to a sluggish demand shift or market instability affecting the granite import momentum in Thailand during this period.

Granite Market: Thailand vs Top 5 Major Economies in 2027 (Asia)

Thailand's Granite market is anticipated to experience a stable growth rate of 3.51% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

Granite Market: Thailand vs Top 5 Major Economies in 2027 (Asia)

Thailand Granite Market Synopsis

The granite market in Thailand has been a significant sector within the construction industry. Granite, a durable and attractive natural stone, is widely used for various applications, including countertops, flooring, cladding, monuments, and sculptures. The demand for granite in Thailand has been driven by the country`s construction and infrastructure development projects. Before the Covid-19 pandemic, the Thailand granite market was experiencing steady growth, fueled by construction activities and infrastructure projects. However, the pandemic`s impact temporarily affected market growth due to disruptions in construction activities and supply chains.

Market Drivers

Thailand ongoing infrastructure development projects, such as highways, airports, and commercial buildings, have been a major driver for the granite market. The growth in the real estate sector, including residential and commercial projects, has increased the demand for granite products. Granite`s natural beauty, durability, and resistance to wear and tear make it a preferred choice for various applications. Thailand tourism industry also indirectly impacts the granite market through the development of hotels, resorts, and other tourist facilities that utilize granite in their construction.

Challenges of the Market

The granite market may face challenges due to fluctuations in the Thailand economy, affecting construction activities and consumer spending on real estate. While granite is popular, it faces competition from other natural stones and engineered materials used in construction and interior design. The extraction and processing of granite raise environmental concerns, such as deforestation, land degradation, and water pollution. Ensuring compliance with environmental and safety regulations can be a challenge for industry players.

Covid-19 Impact on the Market

The Covid-19 pandemic had a significant impact on the Thailand granite market. Construction projects were temporarily halted or delayed due to lockdowns and restrictions, affecting the demand for granite products. Additionally, disruptions in supply chains, especially for imported raw materials, affected production capabilities. However, as construction activities gradually resumed, the market started showing signs of recovery.

Key Players of the Market

The Thailand granite market comprises various local and international players involved in the extraction, processing, and distribution of granite products. Some key players in the market include: SCG (Siam Cement Group), Italian Thailand Development Public Company Limited, Tachawit Marble & Granite Co., Ltd., Cemstone Public Company Limited, Bangkok Granite Co., Ltd.

Key Highlights of the Report:

Thailand Granite Market Outlook
Market Size of Thailand Granite Market, 2024
Forecast of Thailand Granite Market, 2031
Historical Data and Forecast of Thailand Granite Revenues & Volume for the Period 2021-2031
Thailand Granite Market Trend Evolution
Thailand Granite Market Drivers and Challenges
Thailand Granite Price Trends
Thailand Granite Porter's Five Forces
Thailand Granite Industry Life Cycle
Historical Data and Forecast of Thailand Granite Market Revenues & Volume By Product for the Period 2021-2031
Historical Data and Forecast of Thailand Granite Market Revenues & Volume By Granite Slabs for the Period 2021-2031
Historical Data and Forecast of Thailand Granite Market Revenues & Volume By Granite Tiles for the Period 2021-2031
Historical Data and Forecast of Thailand Granite Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Thailand Granite Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Thailand Granite Market Revenues & Volume By Kitchen Countertops for the Period 2021-2031
Historical Data and Forecast of Thailand Granite Market Revenues & Volume By Flooring for the Period 2021-2031
Historical Data and Forecast of Thailand Granite Market Revenues & Volume By Stair Treads for the Period 2021-2031
Historical Data and Forecast of Thailand Granite Market Revenues & Volume By Monuments for the Period 2021-2031
Historical Data and Forecast of Thailand Granite Market Revenues & Volume By Others for the Period 2021-2031
Thailand Granite Import Export Trade Statistics
Market Opportunity Assessment By Product
Market Opportunity Assessment By Application
Thailand Granite Top Companies Market Share
Thailand Granite Competitive Benchmarking By Technical and Operational Parameters
Thailand Granite Company Profiles
Thailand Granite Key Strategic Recommendations

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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 Thailand Granite Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Granite Market Revenues & Volume, 2021 & 2031F

3.3 Thailand Granite Market - Industry Life Cycle

3.4 Thailand Granite Market - Porter's Five Forces

3.5 Thailand Granite Market Revenues & Volume Share, By Product, 2021 & 2031F

3.6 Thailand Granite Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Thailand Granite Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Thailand Granite Market Trends

6 Thailand Granite Market, By Types

6.1 Thailand Granite Market, By Product

6.1.1 Overview and Analysis

6.1.2 Thailand Granite Market Revenues & Volume, By Product, 2021-2031F

6.1.3 Thailand Granite Market Revenues & Volume, By Granite Slabs, 2021-2031F

6.1.4 Thailand Granite Market Revenues & Volume, By Granite Tiles, 2021-2031F

6.1.5 Thailand Granite Market Revenues & Volume, By Others, 2021-2031F

6.2 Thailand Granite Market, By Application

6.2.1 Overview and Analysis

6.2.2 Thailand Granite Market Revenues & Volume, By Kitchen Countertops, 2021-2031F

6.2.3 Thailand Granite Market Revenues & Volume, By Flooring, 2021-2031F

6.2.4 Thailand Granite Market Revenues & Volume, By Stair Treads, 2021-2031F

6.2.5 Thailand Granite Market Revenues & Volume, By Monuments, 2021-2031F

6.2.6 Thailand Granite Market Revenues & Volume, By Others, 2021-2031F

7 Thailand Granite Market Import-Export Trade Statistics

7.1 Thailand Granite Market Export to Major Countries

7.2 Thailand Granite Market Imports from Major Countries

8 Thailand Granite Market Key Performance Indicators

9 Thailand Granite Market - Opportunity Assessment

9.1 Thailand Granite Market Opportunity Assessment, By Product, 2021 & 2031F

9.2 Thailand Granite Market Opportunity Assessment, By Application, 2021 & 2031F

10 Thailand Granite Market - Competitive Landscape

10.1 Thailand Granite Market Revenue Share, By Companies, 2024

10.2 Thailand Granite Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Africa Granite Market

Asia Granite Market

Asia Pacific Granite Market

Europe Granite Market

Global Granite Market

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Mauritius Granite Market

Middle East Granite Market

Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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