Catalina Research and Ceramic Tile and Stone
Consultants have performed an in-depth industry investigation on the $6.0
billion U.S. Natural and Manufactured Stone Product Industry. The 2010 U.S.
Natural and Manufactured Stone report includes the following
excerpt:
The market is expected to begin to recover in the second half of 2010, after
declining at double-digit rates between 2007 and 2009. The recovery will be led
by the upturn in residential remodeling spending. Residential remodeling
spending is being stimulated by an estimated 9.6% increase in existing home
sales during 2010, and follows a 4.9% gain in 2009. These trends indicate that
the recovery in stone products will be led by rising sales of replacement
kitchen and bathroom countertops and floor tiles. The builder market is also
expected to turn upwards in late 2010, due to the 23.7% increase in residential
building permits in the first quarter of this year. However, the estimated
25.0% drop in nonresidential construction spending during 2010 will continue to
be a drag on industry demand.
These trends are uncovered in the 200-plus-page investigation of the U.S.
natural and manufactured stone market. This valuable industry analysis covers
all aspects of the U.S.
stone market, including mines and quarries, stone processors and fabricators,
importers, end-use markets and installers. Sales are broken out for stone
countertops, flooring, other building products and monuments. Product sales are
also provided by type of stone. Granite continues to represent over half of
industry dollar sales, however, demand for sandstone and slate have increased
in importance over the recession. Catalina tracks the supply chain by type of
stone from the mine and importer to the processor and fabricator to the
installer and final customer.
In addition, Ceramic Tile and Stone Consultants surveyed quarries and
manufacturers, along with the leading fabricators and the largest importers, to
develop a snapshot of the products sold and the end-use markets targeted by
these competitors. A separate report section provides trends in the relatively
profitable manufactured stone market, which includes precast concrete products
that look like stone and engineered agglomerated stone products. The section
tracks sales of manufactured stone countertops, fabricated structural
components, flooring and blocks and bricks. Readers can see how these products
penetrated the markets for natural stone.
To find out more about this in-depth analysis of the U.S. Natural and
Manufactured Stone Product Industry and how to benefit from the recovery in
sales, contact Catalina Research at 561-988-0853, or email
Editorial@CatalinaReports.com.
REPORT ON THE U.S. NATURAL AND MANUFACTURED STONE MARKET RELEASED . . .