Brick Market Size

Statistics for the 2023 & 2024 Brick market size, created by Mordor Intelligence™ Industry Reports. Brick size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Brick Industry

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Brick Market Summary
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Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR > 3.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia-Pacific
Market Concentration Low

Major Players

Brick Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Brick Market Analysis

The global brick market is projected to register a CAGR of more than 3% over the forecast period.

COVID-19 negatively impacted the market in 2020 and 2021. All the construction work and other activities were put on hold to curb the spreading of the virus, thereby negatively affecting the market. However, the market is projected to grow steadily in the coming years, owing to increased building and construction activities.

  • Over the short term, the primary factor driving the brick market's growth is the building segment's high demand.
  • On the flip side, increasing trends of prefabricated construction components are expected to restrain the market's growth.
  • Furthermore, the development of new materials for bricks and increasing trends of customized bricks are likely to act as an opportunity for the market over the forecast period.
  • Asia-Pacific is expected to remain the largest market due to the region's large-scale production and consumption of brick products.

Brick Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)