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Stone Cutting, Shaping & Finishing in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Stone Cutting, Shaping & Finishing Market Research Report | SIC C23.700 | Mar 2017

Rough going: Revenue is expected to contract in the current year, following a volatile period for the industry

IBISWorld’s Stone Cutting, Shaping & Finishing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 12-17
Annual Growth 17-22
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Industry Threats & Opportunities
  • Fluctuating downstream demand conditions have resulted in considerable revenue volatility
  • Government initiatives, such as the Help to Buy scheme, have boosted downstream demand
  • Long term economic growth is expected to boost demand, allowing a return to growth
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Industry Analysis & Industry Trends

Conditions in the Stone Cutting, Shaping and Finishing industry have been turbulent over the past five years. At the start of the period, industry revenue contracted due to stagnant downstream construction markets and constrained business confidence. Government and business budgets were strained and falling disposable income further dented spending on finished stone products. However, strengthening economic conditions and demand from key downstream construction markets supported a rapid resurgence. The introduction of government assistance such as the Help to Buy scheme also helped to boost demand and bolster industry revenue. However, industry revenue is forecast to decrease slightly by 2.5% through 2016-17... purchase to read more

Industry Report - Starting a New Business Chapter

The barriers to entry for the Stone Cutting, Shaping and Finishing industry are moderate. While the initial financial requirement is minimal and the fragmented nature of the industry suggests there are low barriers to entry, potential participants face key barriers in obtaining solid supply contracts and access to skilled masons. There are a limited number of quarries in the UK and the competition for raw stone is fierce. Entrance into the industry would not be possible without secure supply side contracts in place. In addition, unless the contracts are solid, the entrant would be susceptible to supply side shocks. Vertical integration is a means for a firm to insulate itself from these shocks. Alb.. purchase to read more

Additional Insights for the Stone Cutting, Shaping & Finishing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Stone Cutting, Shaping & Finishing Industry are

  • Access to high quality inputs
  • Having contacts within key markets
  • Access to highly skilled workforce
  • IBISWorld analysts also discuss how external factors such as Demand from residential building construction and Demand from commercial building construction in the Stone Cutting, Shaping & Finishing industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    What is the Stone Cutting, Shaping & Finishing Industry?

    Firms in this industry cut, shape and finish rough-hewn stone used in construction and building, cemeteries, on the road such as paving slabs and flagstones; and roofing. The industry does not include the production of rough cut stone, nor the production of abrasive stones.

    Industry Products
    Structural building stoneRoofingDecorative stone claddingPaving slabs, kerbstones and flagstonesWorktops and other household interiors
    Industry Activities
    Cutting, shaping and finishing of stoneManufacturing stone furniture

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Demand from residential building construction
  • Demand from commercial building construction
  • Business confidence index
  • Official bank rate
  • Demand from roofing activities
  • Real effective exchange rate
  • Real household disposable income
  • Current Performance
  • Up against the wall
  • Government assistance
  • Profit performance
  • Chart: Revenue Growth
  • Industry Outlook
  • Government bedrock
  • Firmer foundations
  • Weighed down
  • Table: Stone Cutting, Shaping & Finishing Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Stone Cutting, Shaping & Finishing Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Commercial Building Construction
  • Residential Building Construction
  • Roofing Activities
  • Key Selling Industries
  • Electricity Supply
  • Stone Quarrying
  • Products & Services
  • Structural building stone
  • Paving slabs, kerbstones and flagstones
  • Decorative stone cladding
  • Worktops and other household interiors
  • Roofing
  • Other
  • Chart: Stone Cutting, Shaping & Finishing Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Residential building construction
  • Commercial building construction
  • Public building construction
  • Other
  • Chart: Major Market Segmentation for the Stone Cutting, Shaping & Finishing Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Stone Cutting, Shaping & Finishing
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Stone Cutting, Shaping & Finishing Industry
  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Stone Cutting, Shaping & Finishing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Stone Cutting, Shaping & Finishing Industry
  • Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Jargon & Glossary
  • A flat stone slab, typically square or rectangular, used for paving.
  • Kerbstone
  • A stone that forms part of a kerb.
  • Stone Cladding
  • Stone that is split, sawn and sometimes polished for use as a finish on walls.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Stone Cutting, Shaping & Finishing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Stone Cutting, Shaping & Finishing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Stone Cutting, Shaping & Finishing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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