Industry Statistics and Rankings
How does this industry perform in Luxembourg compared to Europe?
Country Benchmarking
Industry Data Luxembourg
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#34 In EuropeBusiness
#35 In EuropeEmployees
#35 In EuropeWages
#33 In EuropeDemand for stone cutting, shaping and finishing is largely contingent on downstream construction markets, most notably residential construction. However, economic headwinds have plagued the industry in recent years, including the COVID-19 outbreak, fierce supply chain disruptions, a rising base rate environment and spiralling inflation. Industry revenue is projected to slump at a compound annual rate of 4.9% over the five years through 2024, including an estimated dip of 2.4% in 2024, when the average industry profit margin is forecast to reach 14.9%.
Enterprises
Number of businesses in 2024
Biggest companies in the Stone Cutting, Shaping & Finishing in Luxembourg
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|
There are no companies that hold a large enough market share in the Stone Cutting, Shaping & Finishing in Luxembourg industry for IBISWorld to include in this product.
Top Questions Answered in this Report
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What is the market size of the Stone Cutting, Shaping & Finishing industry in Luxembourg in 2024?
The market size of the Stone Cutting, Shaping & Finishing industry in Luxembourg is €15.8m in 2024.
How many businesses are there in the Stone Cutting, Shaping & Finishing in Luxembourg industry in 2024?
There are 11 businesses in the Stone Cutting, Shaping & Finishing industry in Luxembourg, which has declined at a CAGR of 0.0 % between 2019 and 2024.
Has the Stone Cutting, Shaping & Finishing industry in Luxembourg grown or declined over the past 5 years?
The market size of the Stone Cutting, Shaping & Finishing industry in Luxembourg has been declining at a CAGR of 2.7 % between 2019 and 2024.
What is the forecast growth of the Stone Cutting, Shaping & Finishing industry in Luxembourg over the next 5 years?
Over the next five years, the Stone Cutting, Shaping & Finishing industry in Luxembourg is expected to grow.
What does the Stone Cutting, Shaping & Finishing in Luxembourg include?
Worktops and other household interiors and Paving slabs, setts, kerbstones and flagstones are part of the Stone Cutting, Shaping & Finishing industry.
How competitive is the Stone Cutting, Shaping & Finishing industry in Luxembourg?
The level of competition is high and increasing in the Stone Cutting, Shaping & Finishing industry in Luxembourg.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
- Stone Quarrying in Luxembourg
- Concrete, Cement & Plaster Product Manufacturing in Luxembourg
Table of Contents
About this industry
Industry definition
Firms in this industry cut, shape and finish rough-hewn stone used in construction and building, cemeteries, on the road like paving slabs and flagstones; and roofing. The industry doesn’t include the production of rough-cut stone, nor the production of abrasive stones.
Related Terms
KERBSTONE FLAGSTONE STONE CLADDINGWhat's included in this industry?
Worktops and other household interiorsPaving slabs, setts, kerbstones and flagstonesStructural building stoneDecorative stone claddingRoofingCompanies
Industry Code
2396 - Cutting, shaping and finishing of stone in Luxembourg
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Performance
Revenue Highlights
Trends
- Revenue
- Current Year Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Stone Cutting, Shaping & Finishing in Luxembourg industry?
Outlook
Analysis
What's driving the Stone Cutting, Shaping & Finishing in Luxembourg industry outlook?
Volatility
Analysis
What influences volatility in the Stone Cutting, Shaping & Finishing in Luxembourg industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Stone Cutting, Shaping & Finishing in Luxembourg industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
A growing shift towards sustainability threatens demand for structural building stone. Buyers are opting for materials with better energy retention characteristics, like glass.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Stone Cutting, Shaping & Finishing in Luxembourg industry's products and services performing?
Analysis
What are innovations in the Stone Cutting, Shaping & Finishing in Luxembourg industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Stone Cutting, Shaping & Finishing in Luxembourg industry?
International Trade
Highlights
- Total Imports into Luxembourg
- Total Exports into Luxembourg
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
The majority of stone cutters, shapers and finishers operate on a local basis, as uncut stone is heavy and tricky to transport. This means they are typically located close to local quarries.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Stone Cutting, Shaping & Finishing in Luxembourg located?
Companies
Data Tables
Top 0 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Regulation is light in the industry. It mainly pertains to vertically integrated stonecutters regarding mineral extraction, sustainable development and environmental protection.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Stone Cutting, Shaping & Finishing in Luxembourg industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Inflationary pressures weigh on profitability. Stone cutters have contended with severe supply chain disruptions in recent years, ratcheting up purchase costs.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Stone Cutting, Shaping & Finishing in Luxembourg industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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