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Stone

What is the stone industry?

The stone industry is among the global economy's leading, time-honoured, and central segments. This is due to its extensiveness, high values and time-linked connections to various links. These include building, construction, architecture, mining, metal production, and landscaping.

Is the industry extensive and highly valued?

It results in a segment that has produced a notable annual turnover rate in recent years. For example, its natural stone segment has generated up to $41.2 billion. More than 10,000 SMEs and extensive, time-honoured corporations produce such values. They directly and indirectly engage the professional services of more than 128,600 specialists. These vary from extractors to retailers. This results in the industry being a chief global economic contributor. Also, it is anticipated to continue its development at a CAGR of 4.1% in the upcoming years.

Leading and central causes of the industry's growth

Among the leading and central causes of its growth is its high focus on research and development. It enables it to adapt to the latest challenges and market trends. The global stone industry presents its latest innovations during trade expos. Examples include annual and biannual events. They attract hundreds of thousands of attendees from diverse countries. These include the China, Brazil, The Kingdom of Spain, Egypt, South Africa, and the USA.