April 19, 2024

Bricks Market Size To Rake USD 2,217.56 Bn By 2032

The bricks market size is poised to grow by USD 2,217.56 billion by 2032 from USD 1,684.85 billion in 2023, exhibiting a CAGR of 3.1% during the forecast period 2023-2032.

Key Takeaways

  • North America contributed more than 39% of revenue share in 2022.
  • Asia-Pacific is estimated to expand the fastest CAGR between 2023 and 2032.
  • By brick type, the clay bricks segment held the largest market share of 41% in 2022.
  • By brick type, the concrete segment is anticipated to grow at a remarkable CAGR of 4.1% between 2023 and 2032.
  • By size, the standard segment generated over 48% of revenue share in 2022.
  • By size, the modular segment is expected to expand at the fastest CAGR over the projected period.
  • By application, the residential segment generated over 32% of revenue share in 2022.
  • By application, the infrastructure segment is expected to expand at the fastest CAGR over the projected period.

Bricks Market Size 2023 To 2032

The bricks market is a crucial segment within the construction industry, playing a fundamental role in various infrastructure projects globally. Bricks have been a staple building material for centuries, offering durability and versatility in construction. As urbanization and construction activities continue to surge, the demand for bricks remains robust. The market encompasses a wide range of brick types, from traditional clay bricks to innovative concrete and fly ash bricks, catering to diverse construction needs.

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Growth Factors

Several factors contribute to the growth of the bricks market. Urbanization, population expansion, and increased construction activities are primary drivers. The versatility of bricks, offering options for aesthetic appeal and structural integrity, further boosts market growth. Technological advancements in brick manufacturing, such as sustainable practices and automation, contribute to efficiency and quality, driving the market forward. Additionally, the growing emphasis on environmentally friendly construction materials elevates the demand for eco-friendly bricks made from recycled materials.

Bricks Market Scope

Report Coverage Details
Market Size in 2023 USD 1,684.85 Billion
Market Size by 2032 USD 2,217.56 Billion
Growth Rate from 2023 to 2032 CAGR of 3.1%
Largest Market North America
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Brick Type, By Size, and By Application
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Read More: Zero Emission Trucks Market Size To Gain USD 60.78 Bn by 2032

Bricks Market Dynamics

Drivers:

Key drivers influencing the bricks market include the steady growth of the construction industry, both residential and commercial. Government initiatives promoting affordable housing and infrastructural development fuel the demand for bricks. The adaptability of bricks to various architectural styles and their resistance to natural elements are significant drivers. Moreover, the increasing focus on energy-efficient buildings enhances the demand for bricks with thermal insulation properties, contributing to market expansion.

Opportunities:

The bricks market presents numerous opportunities for innovation and expansion. Research and development in sustainable materials, such as incorporating advanced composites or utilizing waste products, offer avenues for market players to differentiate their products. Moreover, the demand for specialized bricks for landscaping and decorative purposes creates niche markets. Global collaborations and partnerships can also open up opportunities for manufacturers to tap into emerging markets and diversify their product portfolios.

Challenges:

Despite the positive outlook, the bricks market faces certain challenges. Fluctuating raw material prices, especially for traditional clay bricks, can impact manufacturing costs. Stringent regulations related to environmental concerns may pose challenges for manufacturers not adopting eco-friendly practices. Additionally, the competition from alternative building materials, like steel and precast concrete, presents a challenge to traditional brick manufacturers. Adapting to evolving construction trends and consumer preferences is crucial for sustained success in the competitive bricks market.

Bricks Market Companies

  • Wienerberger AG
  • Boral Limited
  • CRH plc
  • Ibstock plc
  • Acme Brick Company
  • Hanson Building Products
  • General Shale
  • Glen-Gery Corporation
  • Redland Brick Inc.
  • Brickworks Limited
  • Taylor Maxwell
  • Endicott Clay Products
  • Lignacite
  • Paladino Industrie
  • Grupo Lamosa

Data Sources and Methodology

To gather comprehensive insights on the Global Bricks Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.

We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Bricks Market.

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  • The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.

Key Features of the Report:

  • Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
  • Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
  • Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.

Market Segmentation:

By Brick Type

  • Clay
  • Concrete
  • Calcium Silicate
  • Fly Ash
  • Stone

By Size

  • Standard
  • Modular
  • Jumbo

By Application

  • Residential Building
  • Commercial Building
  • Infrastructure
  • Path
  • Parterre
  • Landscaping

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Reasons to Consider Purchasing the Report:

  • Enhance your market research capabilities by accessing this comprehensive and precise report on the global Bricks market.
  • Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
  • Benefit from in-depth research and analysis of the latest trends shaping the global Bricks market.
  • Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Bricks market.
  • Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
  • Discover not only the cutting-edge technological advancements in the global Bricks market but also the strategic plans of industry leaders.

Table of Content

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Bricks Market 

5.1. COVID-19 Landscape: Bricks Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Bricks Market, By Brick Type

8.1. Bricks Market Revenue and Volume, by Brick Type, 2023-2032

8.1.1 Clay

8.1.1.1. Market Revenue and Volume Forecast (2020-2032)

8.1.2. Concrete

8.1.2.1. Market Revenue and Volume Forecast (2020-2032)

8.1.3. Calcium Silicate

8.1.3.1. Market Revenue and Volume Forecast (2020-2032)

8.1.4. Fly Ash

8.1.4.1. Market Revenue and Volume Forecast (2020-2032)

8.1.5. Stone

8.1.5.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 9. Global Bricks Market, By Size

9.1. Bricks Market Revenue and Volume, by Size, 2023-2032

9.1.1. Standard

9.1.1.1. Market Revenue and Volume Forecast (2020-2032)

9.1.2. Modular

9.1.2.1. Market Revenue and Volume Forecast (2020-2032)

9.1.3. Jumbo

9.1.3.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 10. Global Bricks Market, By Application 

10.1. Bricks Market Revenue and Volume, by Application, 2023-2032

10.1.1. Residential Building

10.1.1.1. Market Revenue and Volume Forecast (2020-2032)

10.1.2. Commercial Building

10.1.2.1. Market Revenue and Volume Forecast (2020-2032)

10.1.3. Infrastructure

10.1.3.1. Market Revenue and Volume Forecast (2020-2032)

10.1.4. Path

10.1.4.1. Market Revenue and Volume Forecast (2020-2032)

10.1.5. Parterre

10.1.5.1. Market Revenue and Volume Forecast (2020-2032)

10.1.6. Landscaping

10.1.6.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 11. Global Bricks Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.1.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.1.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.1.4.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.1.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.1.5.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.1.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.2.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.2.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.2.4.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.2.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.2.5.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.2.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.2.6.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.2.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.2.7.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.2.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.3.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.3.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.3.4.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.3.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.3.5.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.3.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.3.6.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.3.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.3.7.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.3.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.4.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.4.4.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.4.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.4.5.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.4.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.4.6.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.4.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.4.7.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.4.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.5.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.5.4.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.5.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.5.5.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.5.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

Chapter 12. Company Profiles

12.1. Wienerberger AG

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Boral Limited

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. CRH plc

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Ibstock plc

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Acme Brick Company

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Hanson Building Products

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. General Shale

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Glen-Gery Corporation

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Redland Brick Inc.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Brickworks Limited

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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