The dressed dimension granite market in the US is showing a steady upward trend from 2024 to 2028, with forecasted sales growing from $2.8234 billion in 2024 to $3.0849 billion in 2028. The data indicates consistent annual growth, reflecting a gradual increase in demand.
Compared to 2023, where the value stood at approximately $2.76 billion, the year-on-year growth represents an approximate increase of 2.4% to 2.5%. Over the five-year forecast period, a Compound Annual Growth Rate (CAGR) of around 2.3% is expected, demonstrating moderate yet consistent expansion.
Future trends to watch for include:
- Potential impacts of economic fluctuations affecting construction and real estate markets.
- Environmental and sustainability considerations driving material preferences.
- Technological advances influencing mining and processing efficiencies.
- Evolving consumer tastes and design trends.
