Ready-mix concrete manufacturers have enjoyed growth over the past five years. Larger manufacturers like Lafarge have expanded their market share by acquiring smaller manufacturers and strengthing their access to raw materials through strategic acquisitions. Industry-wide revenue has been growing at a CAGR of 1.0% over the past five years and is expected to total $6.4 billion in 2023, when revenue is projected to dip an estimated 2.3% as residential construction activity slows and profit climbs to 5.4%.Solid foundation: Considerable investment into infrastructure is expected to greatly benefit industry manufacturers
The Ready-Mix Concrete Manufacturing industry in Canada manufactures wet batch concrete, in a facility or in transit, and delivers it to construction sites in a plastic and unhardened state. The batches are ready for mixing and pouring, although this is undertaken by purchasers, not by manufacturers. The production of dry batch concrete is excluded from industry operations.
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.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Lafarge Canada Inc.
- CRH Canada Group Inc.
- HeidelbergCement AG
Methodology
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