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Stone Quarrying in Denmark - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

DK-B081 August 2024 Factsheet

Revenue

€446.0m

2019-2024 1.5 %
2024-2029 X.X %

Employees

663

2019-2024 1.8 %
2024-2029 X.X %

Businesses

116

2019-2024 0.0 %
2024-2029 X.X %

Wages

€XX.Xm

2019-2024 X.X %
2024-2029 X.X %

Stone Quarrying in Denmark market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Denmark compared to Europe?

Country Benchmarking

Industry Data Denmark

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#21 In Europe
Business
#28 In Europe
Employees
#31 In Europe
Wages
#21 In Europe

View industry report for Europe

Revenue is forecast to contract at a compound annual rate of 4.7% over the five years through 2024. COVID-19 caused significant disruption to the construction sector, the industry’s largest market, resulting in weaker demand for aggregates and materials used in the production of construction inputs. Although activity has since risen in line with the easing of lockdown restrictions, poor economic conditions have stifled any significant recovery, continuing to weigh on the industry’s revenue performance.

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Enterprises
Number of businesses in 2024

Biggest companies in the Stone Quarrying in Denmark

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 Quarrying in Denmark 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 Quarrying industry in Denmark in 2024?

The market size of the Stone Quarrying industry in Denmark is €446.0m in 2024.

How many businesses are there in the Stone Quarrying in Denmark industry in 2024?

There are 116 businesses in the Stone Quarrying industry in Denmark, which has declined at a CAGR of 0.0 % between 2019 and 2024.

Has the Stone Quarrying industry in Denmark grown or declined over the past 5 years?

The market size of the Stone Quarrying industry in Denmark has been growing at a CAGR of 1.5 % between 2019 and 2024.

What is the forecast growth of the Stone Quarrying industry in Denmark over the next 5 years?

Over the next five years, the Stone Quarrying industry in Denmark is expected to grow.

What does the Stone Quarrying in Denmark include?

Stone and Gravel are part of the Stone Quarrying industry.

How competitive is the Stone Quarrying industry in Denmark?

The level of competition is moderate and steady in the Stone Quarrying industry in Denmark.

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Table of Contents

About this industry

Industry definition

Industry participants quarry stone, sand and also clay. Commodities are extracted from the earth and processed by breaking, crushing, trimming and sawing. Wetter materials, like sand and clay, are dredged.

Related Terms

SandGravelQuarrying

What's included in this industry?

StoneGravelSandClay

Companies

Industry Code

ISIC 2006

081 - Quarrying of stone, sand and clay in Denmark

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Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 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 Quarrying in Denmark industry?


Outlook

Analysis

What's driving the Stone Quarrying in Denmark industry outlook?


Volatility

Analysis

What influences volatility in the Stone Quarrying in Denmark industry?

Charts
  • Industry Volatility vs. Revenue Growth Matrix

Life Cycle

Analysis

What determines the industry life cycle stage in the Stone Quarrying in Denmark industry?

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

Key Takeaways

Stone is the largest product segment. Various stones are used throughout a range of construction industries, supporting a wide demand base.

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Products and Services

Charts
  • Products and Services Segmentation
Analysis

How are the Stone Quarrying in Denmark industry's products and services performing?

Analysis

What are innovations in the Stone Quarrying in Denmark industry's products and services?


Major Markets

Charts
  • Major Market Segmentation
Analysis

What influences demand in the Stone Quarrying in Denmark industry?


International Trade

Highlights

  • Total Imports into Denmark
  • Total Exports into Denmark
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

More huge firms can use vertical integration. By vertically integrating with downstream product manufacturing, quarrying firms can increase their profitability.

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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 Quarrying in Denmark 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

Quarrying firms must follow strict regulations. Regulations relating to safety and the environment must be followed due to quarrying operations' dangerous and invasive nature.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Stone Quarrying in Denmark industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Operating costs are hard to reduce. When a quarry is running at, or close to full capacity, there is little that can be done to reduce operating costs, so profitability is dependent on sales.

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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 Quarrying in Denmark 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. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.