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: ETC039186 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Thailand Stone market currently, in 2023, has witnessed an HHI of 2438, Which has increased slightly as compared to the HHI of 2044 in 2017. The market is moving towards moderately competitive. 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.
Report Name | Thailand Stone Market |
Base Year | 2012 |
Historical Period | 2019-2022 |
Forecast Period | 2023-2029 |
Growth rate | XXXX |
Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
Segment Coverage | By Type, By Applications, By End-Users |
Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
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Thailand Stone Market report thoroughly covers the market by type, by applications, and by end-users. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Thailand Stone Market is expected to witness enormous growth during the forecast period. Increasing construction activities such as residential, commercial, and industrial projects are major factors driving the growth of the Thailand stone market. Additionally, government initiatives for infrastructure development have boosted the use of stones in various sectors across the country. Furthermore, increasing urbanization has augmented demand for decorative and ornamental stones in both domestic and international markets. The availability of several varieties of natural stones makes it easier for buyers to choose their desired product from local suppliers at competitive prices which helps promote export activities in this region. Moreover, government policies that encourage foreign direct investments are anticipated to provide ample opportunities for new players entering this market over the forecast period.
According to 6Wresearch, the Thailand Stone Market Size is projected to grow during the forecast period of 2023-2029. Rising investments toward residential & commercial constructions along with growing renovations & repairs will contribute significantly toward Thailand Stone Market Growth over the projected period. Expanding real estate sector coupled with rising disposable incomes will stimulate decorative & ornamental applications thereby driving industry expansion and further contributing in Thailand Stone Market Share over foreseeable timeframe. Investment by Thailand government towards developing transportation networks along with other public works projects will drive product demand substantially over projected timespan.
The Thai government establishes policies and regulations governing the extraction and mining of natural resources. These regulations aim to ensure sustainable and environmentally responsible mining practices. The government also implement policies and restrictions on the export of certain types of stones to protect local resources and ensure that domestic demand is met before allowing exports. There are licensing and permitting requirements for companies engaged in stone mining and processing activities. Moreover, government policies related to land use planning impact the availability and accessibility of stone resources.
Some key players operating within Thailand stone industry include Fujian Quanzhou Huazhong Stone Co., Ltd., Techno Marble Industry Co.,Ltd., Comate Granite Marble Co., Ltd, Jit Rawan Group Public Company Limited among many others.
According to Parth, Senior Research Analyst, 6Wresearch, the facades is one of the fastest growing segments as it offers durability and aesthetics. This segment has the potential for significant growth, especially in urban development projects. The increasing demand for durable and environmentally friendly building exteriors has led to a rise in the use of stone in facades.
The report offers a comprehensive study of the subsequent market segments:
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 Stone Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Stone Market Revenues & Volume, 2023 & 2030F |
3.3 Thailand Stone Market - Industry Life Cycle |
3.4 Thailand Stone Market - Porter's Five Forces |
3.5 Thailand Stone Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Thailand Stone Market Revenues & Volume Share, By Applications, 2020 & 2030F |
3.7 Thailand Stone Market Revenues & Volume Share, By End-users, 2020 & 2030F |
4 Thailand Stone Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Stone Market Trends |
6 Thailand Stone Market, By Types |
6.1 Thailand Stone Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Stone Market Revenues & Volume, By Type, 2023 - 2030F |
6.1.3 Thailand Stone Market Revenues & Volume, By Granite, 2023 - 2030F |
6.1.4 Thailand Stone Market Revenues & Volume, By Basalt &Trap, 2023 - 2030F |
6.1.5 Thailand Stone Market Revenues & Volume, By Limestone, 2023 - 2030F |
6.1.6 Thailand Stone Market Revenues & Volume, By Quartzite, 2023 - 2030F |
6.1.7 Thailand Stone Market Revenues & Volume, By Slate, 2023 - 2030F |
6.1.8 Thailand Stone Market Revenues & Volume, By Laterite, 2023 - 2030F |
6.1.9 Thailand Stone Market Revenues & Volume, By Others, 2023 - 2030F |
6.1.10 Thailand Stone Market Revenues & Volume, By Others, 2023 - 2030F |
6.2 Thailand Stone Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Thailand Stone Market Revenues & Volume, By Kitchens, 2023 - 2030F |
6.2.3 Thailand Stone Market Revenues & Volume, By Bathrooms, 2023 - 2030F |
6.2.4 Thailand Stone Market Revenues & Volume, By Facades, 2023 - 2030F |
6.2.5 Thailand Stone Market Revenues & Volume, By Floor Coverings, 2023 - 2030F |
6.2.6 Thailand Stone Market Revenues & Volume, By Sidings, 2023 - 2030F |
6.2.7 Thailand Stone Market Revenues & Volume, By Aggregates, 2023 - 2030F |
6.2.8 Thailand Stone Market Revenues & Volume, By Others , 2023 - 2030F |
6.2.9 Thailand Stone Market Revenues & Volume, By Others , 2023 - 2030F |
6.3 Thailand Stone Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Thailand Stone Market Revenues & Volume, By Residential, 2023 - 2030F |
6.3.3 Thailand Stone Market Revenues & Volume, By Non-Residential, 2023 - 2030F |
6.3.4 Thailand Stone Market Revenues & Volume, By Others, 2023 - 2030F |
7 Thailand Stone Market Import-Export Trade Statistics |
7.1 Thailand Stone Market Export to Major Countries |
7.2 Thailand Stone Market Imports from Major Countries |
8 Thailand Stone Market Key Performance Indicators |
9 Thailand Stone Market - Opportunity Assessment |
9.1 Thailand Stone Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Thailand Stone Market Opportunity Assessment, By Applications, 2020 & 2030F |
9.3 Thailand Stone Market Opportunity Assessment, By End-users, 2020 & 2030F |
10 Thailand Stone Market - Competitive Landscape |
10.1 Thailand Stone Market Revenue Share, By Companies, 2023 |
10.2 Thailand Stone Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |