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Stone Mining in Ontario

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS ON21231CA

Stone Mining in Ontario industry analysis

Revenue for the Stone Mining industry in Ontario is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely decline at -x.x% during the same period. The number of industry establishments has increased an annualized x.x% to xx locations over the past five years. Industry employment has increased an annualized x.x% to x,xxx workers during the period, while industry wages have increased an annualized x.x% to $x.x million.

The number of industry establishments is forecast to grow x.x% to xxx locations over the next five years. Industry employment is expected to increase an annualized x.x% to x,xxx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Stone Mining in Ontario Market Research Report

What’s Included in the Stone Mining in Ontario Market Research Report

Definition of the Stone Mining in Ontario?

This industry is made up of companies that develop mine sites; mine and quarry dimension stone (i.e. rough blocks or slabs of stone); mine and quarry crushed and broken stone, such as granite and limestone; or beneficiate stone via crushing, grinding, washing, screening, pulverizing and sizing.

What’s included in the Stone Mining in Ontario?

The Stone Mining in Ontario includes mining or quarrying limestone, including crushing and pulverizing, mining or quarrying granite, mining or quarrying marble and mining and quarrying aggregates (e.g. sand, gravel, slag, dolomite and sandstone). Related terms covered in the Stone Mining in Ontario industry report includes any of several hard materials, such as crushed rock, sand, gravel, stone, slag, cinders or other inactive materials, a form of construction aggregate, typically produced by mining a suitable rock deposit and breaking the removed rock down to the desired size using crushers, a natural stone that is mined or processed for applications based on its size, shape, colour, texture, grains and strength. it is usually cut or ground to a specific shape or profile and a type of open-pit mine from which rock and minerals are extracted.

Industry Performance of the Stone Mining industry in Ontario

Benchmark the Stone Mining in Ontario industry performance with all ON Census Metropolitan Area and national performance.

Stone Mining in Ontario

#2 in Highest Revenue 38.2% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Stone Mining in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth ()

For the full list of industry drivers, see report purchase options.

Key Drivers of the Stone Mining industry in Ontario

See how key industry drivers, such as gross domestic product, private investment in non-residential construction, bachelorsed, demand from road and highway construction, value of residential construction and value of nonresidential construction are impacting Stone Mining in Ontario

Ontario Economic Indicators

Gross Domestic Product
Private Investment in Non-Residential Construction
BachelorsEd

View more economic information in ON State Economic profile

Canada Key External Drivers

Demand from road and highway construction
Value of residential construction
Value of nonresidential construction

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Stone Mining industry in Ontario

Access proprietary data on Census Metropolitan Area in the Stone Mining in Ontario, such as Toronto, Ottawa - Gatineau and Owen Sound. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Stone Mining industry in Ontario

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Stone Mining industry in Ontario in 2025?

The market size of the Stone Mining industry in Ontario is $853.3m in 2025.

How many businesses are there in the Stone Mining industry in Ontario in 2025?

There are 89 businesses in the Stone Mining industry in Ontario, which has been growing at an average annual rate of 1.2% from 2020 to 2025.

Has the Stone Mining industry in Ontario grown or declined over the past 5 years?

The market size of the Stone Mining industry in Ontario has been growing at an average annual rate of 1.9% from 2020 to 2025.

How many employees in the Stone Mining industry in Ontario in 2025?

There are 1,338 employees in the Stone Mining industry in Ontario, which has been growing at an average annual rate of 3.3% from 2020 to 2025.