Product Code: ETC047285 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Travertine Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Beginning strongly at -0.01% in 2025, growth softens to -0.04% in 2029.
By 2027, the Travertine market in Thailand is anticipated to reach a growth rate of -0.01%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The travertine market in Thailand involves the production, distribution, and sale of travertine, a type of natural stone widely used in construction and interior design. Travertine is a form of limestone that is characterized by its porous nature and unique veining patterns, making it a popular choice for flooring, wall cladding, countertops, and various other applications.
Thailand construction industry has been witnessing steady growth, driven by infrastructure development, commercial projects, and the real estate sector. Travertine`s durability and aesthetic appeal make it a favored choice in various construction applications. The increasing focus on interior design and home renovation projects contributes to the demand for travertine as an elegant and versatile building material. The use of travertine in residential and commercial interiors adds a touch of luxury and sophistication. Thailand thriving tourism industry drives the demand for high-quality construction materials in hotels, resorts, and other hospitality establishments. Travertine`s natural beauty and ability to withstand heavy foot traffic make it a preferred option for such projects.
Travertine faces competition from other natural stones, such as marble and granite, as well as engineered materials like porcelain tiles and quartz surfaces. The availability of alternative materials with similar aesthetics and performance characteristics may impact the demand for travertine. Travertine is considered a premium building material, and its cost can be relatively higher compared to some alternatives. The price sensitivity of consumers and builders may affect the adoption of travertine in certain projects.
The COVID-19 pandemic had an impact on the travertine market in Thailand. The construction industry faced disruptions during lockdowns and restricted movement, affecting demand for building materials, including travertine. However, as economic activities resumed, the market witnessed a gradual recovery in demand.
Some key players in the travertine market in Thailand include: Siam Marble and Granite Co., Ltd., STONEasy Co., Ltd., Marble Paradise Co., Ltd., Chokchai Marble Co., Ltd., Surin Bangkok Stone Co., Ltd. These companies are involved in the production, processing, and distribution of travertine and other natural stone products in Thailand.
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 Travertine Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Travertine Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Travertine Market - Industry Life Cycle |
3.4 Thailand Travertine Market - Porter's Five Forces |
3.5 Thailand Travertine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Travertine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Travertine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Travertine Market Trends |
6 Thailand Travertine Market, By Types |
6.1 Thailand Travertine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Travertine Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Travertine Market Revenues & Volume, By Natural Travertine, 2021-2031F |
6.1.4 Thailand Travertine Market Revenues & Volume, By Artificial Travertine, 2021-2031F |
6.2 Thailand Travertine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Travertine Market Revenues & Volume, By Construction and Decoration, 2021-2031F |
6.2.3 Thailand Travertine Market Revenues & Volume, By Statuary and Monuments, 2021-2031F |
6.2.4 Thailand Travertine Market Revenues & Volume, By Furniture, 2021-2031F |
6.2.5 Thailand Travertine Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Travertine Market Import-Export Trade Statistics |
7.1 Thailand Travertine Market Export to Major Countries |
7.2 Thailand Travertine Market Imports from Major Countries |
8 Thailand Travertine Market Key Performance Indicators |
9 Thailand Travertine Market - Opportunity Assessment |
9.1 Thailand Travertine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Travertine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Travertine Market - Competitive Landscape |
10.1 Thailand Travertine Market Revenue Share, By Companies, 2024 |
10.2 Thailand Travertine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |