Ready-Mixed Concrete Manufacturing in Ireland - Industry Market Research Report

Stronger Concrete: in 2023, Industry Revenue is Estimated to Grow as New Dwelling Activity is Set to Continue Rising

The Ready-Mixed Concrete Manufacturing industry has performed well over much of the past few years, helping it enter a growth phase of its life cycle. Prior to the pandemic, manufacturers benefitted from strong demand from major downstream markets, especially non-residential building construction. This has generally been due to supportive policy and investment from the government and the growing popularity of Ireland as a tax haven. In 2023, industry revenue is estimated to grow by 4.2% as new dwelling activity is set to continue rising, as it did in 2022. This follows a minor slump in construction activity in 2021 that can be largely attributed COVID-19 related disruption. Over the five years through 2023, industry revenue is expected to grow at a compound annual rate of 3.6% to reach €462.5 million. Companies in the Ready-Mixed Concrete Manufacturing industry manufacture ready-mixed concrete (RMC) and mortars, and deliver batches to customers in an unhardened state. 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.