The global natural stone market is predicted to hit $50.5 billion by 2030, growing at a CAGR of 4.0% from 2022 to 2030. This rise in popularity is being driven by an increase in construction activity and a growing preference for unique and luxurious materials. As a result, now is the time to invest in unique machining solutions in the world of building, architecture, interior and exterior decoration, and wherever the use of stone and marble products is required.
In this blog post, we’ll take a closer look at the factors driving this growth and what it means for businesses in the natural stone industry. We’ll also touch on why investing in state-of-the-art machining solutions is more important than ever before. Keep reading to learn more!
An Increase in Construction Activity
One of the primary drivers of the global natural stone market is an increase in construction activity. This growth is driven by urbanization, economic development, and population expansion. As more people move into cities and as economies continue to grow, there is an increasing demand for new homes, office buildings, hotels, retail space, and other types of structures.
A Growing Preference for Unique Materials
Another factor driving the global natural stone market is a growing preference for unique materials. In recent years, there has been an increase in demand for materials that offer beauty and durability. Natural stone ticks both of those boxes, which is why it has become such a popular choice for use in both residential and commercial applications.
Investing in State-Of-The-Art Machining Solutions
If your business is involved in the natural stone industry, now is the time to invest in state-of-the-art machining solutions. The increased demand for natural stone products means that there is a greater need than ever before for high-quality machining solutions that can mass-produce precision stone products quickly and efficiently. Fortunately, CMS North America has a wide range of machines that are up to the task. From 3/4/5/6-axis machining centers and bridge saws to waterjet cutting systems, CMS North America has the perfect machine for any business involved in the natural stone industry – no matter their specific needs.
Contact CMS now to invest in your shop with unique machining solutions so your business will continue to stay ahead of the curve.