Market Size of Decorative Concrete Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 6.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Decorative Concrete Market Analysis
The decorative concrete market is expected to witness a CAGR of above 6% during the forecast period. The major factors driving the growth of the market studied are the increasing demand for remodeling andrefurbishment activities, strong demand for stamped concrete for flooring, and the growing demand for green buildings. On the flip side, high capital expenditure serves as one of the stumbling blocks in the growth of the studied market.
- The stamped concrete segment dominated the market and is likely to grow during the forecast period, with growing demand from the residential sectors, especially in Asia-Pacific.
- The incorporation of nanotechnology in the production process is likely to provide opportunities for the studied market, during the forecast period.