Europe Ready-Mix Concrete Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Europe Ready-Mix Concrete Market is Segmented by End-user Industry (Residential, Commercial, Industrial/Institutional, and Infrastructure) and Geography (Germany, United Kingdom, Italy, France, and Rest of Europe). The report offers market sizes and forecasts for all the above segments in revenue (USD million).

Europe Ready-Mix Concrete Market Size

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Europe Ready-Mix Concrete Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR > 6.00 %
Market Concentration High

Major Players

Europe Ready-Mix Concrete Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Europe Ready-Mix Concrete Market Analysis

The European ready-mix concrete (RMC) market is expected to register a CAGR of over 6% during the forecast period.

The construction sector in Europe has been reeling under tremendous stress from the prolonged lockdowns and labor shortages because of the COVID-19 pandemic. However, the situation seems to be improving, with the manufacturing and services sector of the region slowly growing back to the pre-pandemic levels.

  • The potential growth of the construction segment favored by foreign and local investments and the rising demand for residential properties across the region are expected to drive the industry growth.
  • However, the rising concerns amid the Russia-Ukraine war and the potential implications of the aftermath could undermine the development of the construction segment. Known disadvantages of RMC, like the requirement of high initial investment and challenges associated with transportation of the same may likely hamper the demand in the market.
  • On the other hand, growing rehabilitation and maintenance activities associated with residential properties across Europe may potentially help strengthen the ready-mix concrete demand in the future.
  • The growth of the construction sector looks promising for the United Kingdom across the European region, with the sharp rise in new residential development and rehabilitation and maintenance activities across the country, which may potentially drive regional market growth.

Europe Ready-Mix Concrete Market Trends

This section covers the major market trends shaping the Europe Ready-Mix Concrete Market according to our research experts:

Growing Construction Activities in the European Region

  • The construction sector across Europe is witnessing strong growth post-pandemic, with a major contributor to this growth being the rise in rehabilitation and maintenance activities associated with residential properties.
  • According to FIEC, the total investment in construction amounted to EUR 1.6 trillion (USD 1.9 billion) in 2021. Housebuilding represented around one-fifth of the total investment into construction, whereas investment in rehabilitation and maintenance activities was slightly under one-third of the total investment.
  • The housebuilding segment rose by over 7.2% in 2021, with France and Italy recording substantial growth of 24.1% and 12.05%, respectively.
  • According to Eurostat, the household savings rate witnessed an increase from 14.1% in Q4 2021 to 15.0% in Q1 2022. This trend may potentially imply higher expenditure on house renovations and property purchases.
  • The investment in renovation across the European Union grew by around 5.7% year-on-year, with Bulgaria, Italy, and Slovenia witnessing over 20% growth.
  • Also, according to the European Commission, additional annual investments amounting to over EUR 275 billion (USD 325 billion) are required to attend to the renovation and decarbonization requirements of the existing building stock.
  • These indicators show great promise for the residential construction sector across the European region and can potentially strengthen the demand for RMC during the forecast period.
Europe Ready-Mix Concrete Market: New Housing Orders, Revenue in EUR Billion, Great Britain, Q1 of Financial Year, 2017-2021

France Expected to Dominate the EU Region

  • France witnessed strong construction activity growth in 2021, registering a year-on-year growth of 10.5% in volume.
  • According to FIEC, in 2021, the country witnessed a total investment of EUR 324 billion (USD 383 billion) into the construction sector.
  • Housebuilding production registered a strong year-on-year growth of 24.1% in 2021 after witnessing a drastic drop of -24.2% in 2020 in the aftermath of the COVID-19 pandemic. It is further expected to grow at a rate of over 7.3% in 2022.
  • Housing rehabilitation and maintenance activities witnessed an increase of 7.8% in 2021 and are expected to show steady growth at around 4.3% in 2022.
  • Similar to residential construction, infrastructure construction is expected to further drive the growth of the construction sector in the region. Many large projects have already been initiated in the first quarter of 2022.
  • For instance, the proposed Nantes New CHU Hospital Development is being built at an investment of around USD 1.4 billion and is expected to cover a total area of 225,000 sq. mt. of land. The project is expected to be completed by 2027 end with construction activities already commenced in Q1 2022.
  • Similarly, other mega projects like Paris Tour Triangle High-Rise Building, Yves-du-Manoir Stadium Renovation, Entre-Deux-Mers High School, and Eco-Pole Waste Sorting Plant, among others, are expected to drive the construction sector across the region.
  • The strong growth potential for the construction segment could lead to high demand for RMC in the country during the forecast period.
Europe Ready-Mix Concrete Market, Revenue CAGR (%), by Country, Europe, 2022-2027

Europe Ready-Mix Concrete Industry Overview

The European ready-mix concrete market is consolidated in nature. Some of the key players in the market include Buzzi Unicem SpA, Heidelberg Materials, CEMEX SAB de CV, HOLCIM, Cementir Holding N.V., and others.

Europe Ready-Mix Concrete Market Leaders

  1. CEMEX SAB de CV

  2. HOLCIM

  3. Buzzi Unicem SpA

  4. Cementir Holding N.V.

  5. Heidelberg Materials

*Disclaimer: Major Players sorted in no particular order

Europe Ready-Mix Concrete Market Concentration
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Europe Ready-Mix Concrete Market News

  • July 2022: HOLCIM announced plans to acquire ready-mix concrete assets of Ol-Trans, a leader in RMC in North Poland. This move is aimed at strengthening HOLCIM's local RMC network while establishing it as the leader in the region.
  • July 2022: HOLCIM acquired RMC producer, General Beton Romania, in a bid to drive profitable growth in the innovative building solutions segment. As a part of the acquisition, HOLCIM will now integrate eight of GBR's plants, along with its expertise and 160 employees.

Europe Ready-Mix Concrete Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Growing Demand from Residential Construction

      2. 4.1.2 Rising Rehabilitation and Maintenance Activities across the Region

    2. 4.2 Restraints

      1. 4.2.1 Ease of Availability of Potential Subsititutes

      2. 4.2.2 Russia-Ukraine War Undermining the Construction Development

    3. 4.3 Industry Value-Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 By End-user Industry

      1. 5.1.1 Residential

      2. 5.1.2 Commercial

      3. 5.1.3 Industrial/Institutional

      4. 5.1.4 Infrastructure

    2. 5.2 By Geography

      1. 5.2.1 Germany

      2. 5.2.2 United Kingdom

      3. 5.2.3 Italy

      4. 5.2.4 France

      5. 5.2.5 Rest of Europe

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share (%)**/Ranking Analysis

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Buzzi Unicem SpA

      2. 6.4.2 Cementir Holding N.V.

      3. 6.4.3 CEMEX SAB de CV

      4. 6.4.4 HeidelbergCement

      5. 6.4.5 HOLCIM

      6. 6.4.6 R.W. Sidley Inc.

      7. 6.4.7 Sika AG

      8. 6.4.8 Thomas Concrete Group

      9. 6.4.9 Titan Cement

      10. 6.4.10 Vicat SA

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Planned Mega Projects Across The Region

**Subject to Availability
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Europe Ready-Mix Concrete Industry Segmentation

Ready-mix concrete (RMC) is concrete that is delivered to the job site to be used directly after being batched at a central plant. RMC finds its applications in foundations, walls, floors and bases, driveways, and other constructional activities owing to its excellent properties. The European ready-mix concrete market is segmented by end-user industry and geography. By end-user industry, the market is segmented into residential, commercial, industrial/institutional, and infrastructure. By geography, the market is segmented into Germany, United Kingdom, Italy, France, and Rest of Europe. The report covers the market sizes and forecasts for four countries across the region. For each segment, market sizing and forecasts have been provided on the basis of value (USD billion).

By End-user Industry
Residential
Commercial
Industrial/Institutional
Infrastructure
By Geography
Germany
United Kingdom
Italy
France
Rest of Europe
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Europe Ready-Mix Concrete Market Research FAQs

The Europe Ready-Mix Concrete Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029)

CEMEX SAB de CV, HOLCIM, Buzzi Unicem SpA, Cementir Holding N.V. and Heidelberg Materials are the major companies operating in the Europe Ready-Mix Concrete Market.

The report covers the Europe Ready-Mix Concrete Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Ready-Mix Concrete Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Europe Ready-Mix Concrete Industry Report

Statistics for the 2024 Europe Ready-Mix Concrete market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Ready-Mix Concrete analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Europe Ready-Mix Concrete Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)