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Global Onyx Stone Market: By Colour: Black, Red, White, Others; By Structure: Calcite, Quartz, Aragonite, Others; By Application: Interior Decoration, Stone Sculpture/Souvenirs, Artificial Jewelry, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Onyx Stone Market Outlook

The global onyx stone market is likely to be driven by the growing gemstone market, which will grow at a CAGR of 5% in the forecast period of 2021-2026.

 

Global Onyx Stone Market

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The Asia Pacific Leading the Onyx Stone Industry

In the forecast era, Asia Pacific is expected to lead the global market by consumption, with China and India expected to lead the market for onyx stone. This can be due to the widespread use and rising trend in the region to forsake old artificial jewellery at an economical price. The growth of the market in the region can also be attributed to the booming construction industry in Asian countries. North America and Europe are also expected to make a significant contribution to the onyx stone industry due to the growth of the tourism industry and the growing demand for tourist occupation facilities, including hotels and serviced apartments.

 

Onyx Stone: Industry Definition and Segmentation

An onyx stone is a silica mineral of a parallel banded type. Agate stone and onyx stone both have banded shapes, with the main difference being that although agate has curved bands, there are parallel bands in onyx stone. In each stone, the colours kept by these bands differ and can range from white to almost any other colour. Onyx stone usually includes black or white bands of colour.

 

Global Onyx Stone Market By Application

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Based on colour, the market can be divided into the following:

  • Black
  • Red
  • White
  • Others

Based on the structure, the industry can be categorised as follows:

  • Calcite
  • Quartz
  • Aragonite
  • Others

It finds wide applications in the following sectors:

  • Interior Decoration
  • Stone Sculpture/Souvenirs
  • Artificial Jewellery
  • Others

The regional markets for onyx stone can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Onyx Stone Market By Region

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Jewellery Industry Bolstering the Market Growth

The growing importance of artificial jewellery is one of the main factors driving the growth of the onyx stone industry. The growing prices of gold and other gemstones, including diamonds, are fuelling market interest in artificially manufactured jewellery. Apart from the lower cost, these jewels also have an aesthetic appeal. Furthermore, the resale value of onyx stone jewellery is also high and does not change with consumer sentiments. The booming construction industry, which is one of the main drivers of the interior decoration market, is also propelling the growth of the onyx stone industry. Traditionally, increased expenditure on interior renovation of residential properties has also spilled over to commercial properties, including offices and hotels, which are also expected to contribute to the growth of the onyx stone industry.

 

Key Industry Players in the Global Onyx Stone Market

The report gives a detailed analysis of the following key players in the global onyx stone market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • UK Natural Stone Group
  • Xiamen Yeyang Stone Group
  • AVG Stone
  • Michigan Stones Pvt Ltd
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Colour, Structure, Application, Region
Breakup by Colour Black, Red, White, Others
Breakup by Structure Calcite, Quartz, Aragonite, Others
Breakup by Application Interior Decoration, Stone Sculpture/Souvenirs, Artificial Jewelry, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered UK Natural Stone Group, Xiamen Yeyang Stone Group, AVG Stone, Michigan Stones Pvt Ltd, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Onyx Stone Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Onyx Stone Historical Market (2016-2020) 
    8.3    Global Onyx Stone Market Forecast (2021-2026)
    8.4    Global Onyx Stone Market by Colour
        8.4.1    Black
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Red
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    White
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Others
    8.5    Global Onyx Stone Market by Structure
        8.5.1    Calcite
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Quartz 
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Aragonite
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Others
    8.6    Global Onyx Stone Market by Application
        8.6.1    Interior Decoration
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Stone Sculpture/Souvenirs
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Artificial Jewelry
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Others
    8.7    Global Onyx Stone Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    UK Natural Stone Group
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Xiamen Yeyang Stone Group
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    AVG Stone
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Michigan Stones Pvt Ltd
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Others
14    Industry Events and Developments

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment

 

List of Figures and Tables

1.    Global Onyx Stone Market: Key Industry Highlights, 2015 and 2025
2.    Global Onyx Stone Historical Market: Breakup by Color (USD Million), 2016-2020
3.    Global Onyx Stone Market Forecast: Breakup by Color (USD Million), 2021-2026
4.    Global Onyx Stone Historical Market: Breakup by Structure (USD Million), 2016-2020
5.    Global Onyx Stone Market Forecast: Breakup by Structure (USD Million), 2021-2026
6.    Global Onyx Stone Historical Market: Breakup by Application (USD Million), 2016-2020
7.    Global Onyx Stone Market Forecast: Breakup by Application (USD Million), 2021-2026
8.    Global Onyx Stone Historical Market: Breakup by Region (USD Million), 2016-2020
9.    Global Onyx Stone Market Forecast: Breakup by Region (USD Million), 2021-2026
10.    North America Onyx Stone Historical Market: Breakup by Country (USD Million), 2016-2020
11.    North America Onyx Stone Market Forecast: Breakup by Country (USD Million), 2021-2026
12.    Europe Onyx Stone Historical Market: Breakup by Country (USD Million), 2016-2020
13.    Europe Onyx Stone Market Forecast: Breakup by Country (USD Million), 2021-2026
14.    Asia Pacific Onyx Stone Historical Market: Breakup by Country (USD Million), 2016-2020
15.    Asia Pacific Onyx Stone Market Forecast: Breakup by Country (USD Million), 2021-2026
16.    Latin America Onyx Stone Historical Market: Breakup by Country (USD Million), 2016-2020.
17.    Latin America Onyx Stone Market Forecast: Breakup by Country (USD Million), 2021-2026
18.    Middle East and Africa Onyx Stone Historical Market: Breakup by Country (USD Million), 2016-2020
19.    Middle East and Africa Onyx Stone Market Forecast: Breakup by Country (USD Million), 2021-2026
20.    North America Historical Price Trends and Forecast 2016-2026
21.    Europe Historical Price Trends and Forecast 2016-2026
22.    Asia Pacific Historical Price Trends and Forecast 2016-2026
23.    Latin America Historical Price Trends and Forecast 2016-2026
24.    Middle East and Africa Historical Price Trends and Forecast 2016-2026
25.    Global Onyx Stone Market Structure

Key Questions Answered in the Report

The global onyx stone market market is projected to grow at a CAGR of nearly 5% in the forecast period of 2021-2026.

The growth of the market is driven by factors like growing population, rising disposable incomes, rising demand from jewellery and construction industry, and interior decoration industry.

Rising application of the product in stone paintings and sculptures is an important industry trend.

North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market, with Asia Pacific accounting for the largest market share.

The colours of onyx stone can be divided into black, red, and white, among others.

Based on structure, the industry can be divided into calcite, quartz, and aragonite, among others.

The application sectors can be divided into interior decoration, stone sculpture/souvenirs, and artificial jewellery, among others.

The leading players in the market are UK Natural Stone Group, Xiamen Yeyang Stone Group, AVG Stone, and Michigan Stones Pvt Ltd, among others.

Analyst Review

The global onyx stone market is being driven by the growth in the jewellery and construction industry. Aided by the rising interior decoration industry, the industry is expected to witness a healthy growth in the forecast period of 2021-2026, growing at a CAGR of 5%.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its colours, the global market for onyx stone can be segmented into black, red, and white, among others. By structure, the industry can be divided into calcite, quartz, and aragonite, among others. On the basis of application, the global industry can be segmented into interior decoration, stone sculpture/souvenirs, and artificial jewellery, among others. The major regional markets for onyx stone are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Asia Pacific accounting for the largest share of the market. The key players in the above industry include UK Natural Stone Group, Xiamen Yeyang Stone Group, AVG Stone, and Michigan Stones Pvt Ltd, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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