Concreting Services in Australia - Industry Market Research Report

Starting to crack: Crumbling demand from construction firms has weakened revenue

The Concreting Services industry is integral for most types of buildings and structures. Concreting contractors pour, lay, place and shape concrete to form foundations, roads, suspended floors, columns, other structures and panels. Favourable trends in non-residential building construction and several infrastructure markets, despite a minor dip in commercial building activity following the COVID-19 outbreak, has underpinned the industry's performance. A sharp contraction in house construction activity in recent years and a downwards trend in high-rise apartment developments since a 2017-18 peak represented significant constraints on the industry's performance. Companies in the industry undertake concrete pouring or other concrete work on construction projects. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.