Concrete Construction Product Manufacturing in the UK - Market Research Report (2014-2029)
London, United Kingdom
Last Updated: June 2024
SIC C23.610Revenue
£4.0bn
Past 5-Year Growth
Profit
£XXX.Xm
Employees
18,241
Businesses
635
Wages
£XXX.Xm
Concrete Construction Product Manufacturing in the UK industry analysis
Strong government spending has fostered growth in residential and infrastructure markets, maintaining demand for concrete products. These policies include the Help to Buy scheme and the £650 billion National Infrastructure and Construction Pipeline. The commercial markets have proved less successful, hampered by Brexit-induced scepticism. COVID-19 further compounded uncertainty from businesses, deterring them from undergoing investment projects during 2020. Concrete manufacturers were also forced to halt operations during lockdowns, dramatically cutting production volumes. Nonetheless, industry-wide revenue is projected to grow at a compound annual rate of 1% over the five years through 2024-25 to £4 billion. This includes an anticipated 5% gain in 2024-25.
Trends and Insights
- The COVID-19 outbreak brought industry services to a halt. Nationwide lockdown restrictions imposed by the government brought concrete product construction activity to a halt, leading to a massive dip in revenue.
- High-profile infrastructure projects lift demand for prefabricated structural components. Major projects like the Crossrail project and the Euston High Speed 2 project boost demand for this segment.
- The East Midlands has many cement and clinker plants. The weight of concrete limits where manufacturers can locate their facilities as distributions and operating costs can be steep.
- Larger manufacturers can benefit from economies of scale. The bigger concrete construction product manufacturers leverage scale and scope economies to help cut distribution costs.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 1.0 % over the past five years, to reach an estimated £4.0bn in 2024.
Trends and Insights
Robust growth in downstream construction activity picks up demand for concrete products
- Concrete product manufacturers have benefited from a plethora of policies supporting the housing market, like the Help to Buy scheme and significant funding commitments to such as the £5.5 billion Housing Infrastructure Fund to tackle the UK’s housing shortage.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Infrastructure projects continue to be the main driving force behind the growth
- Given the long-term nature of infrastructure project contracts, they are typically less sensitive to economic headwinds than commercial ventures.
Biggest companies in the Concrete Construction Product Manufacturing in the UK
| Company | Market Share (%)
2025 | Revenue (£m)
2025 |
|---|---|---|
Marshalls plc | 579.7 | |
Forterra Building Products Ltd | 284.3 | |
Aggregate Industries UK Ltd | 264.7 |
To view the market share and analysis for all 6 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Prefabricated structural components, Tiles and flagstones and Concrete bricks and blocks. Prefabricated structural components is the largest segment of the Concrete Construction Product Manufacturing in the UK.
Trends and Insights
Prefabricated structural components are boosted by growing infrastructure construction increased application of modular construction
- Concrete product manufacturers produce a vast range of complete assemblies or sub-assemblies, including interior walls, floor and ceiling sections, foundation components, tunnel sections, pilings, dam and lock-gate components, gangways, cornices and facing panels.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Plastering in the UK
Complementors
- Stone Quarrying in the UK
- Cement Manufacturing in the UK
- Ready-Mixed Concrete Manufacturing in the UK
International industries
- Concrete Pipe & Block Manufacturing in the US
- Precast Concrete Manufacturing in the US
- Concrete Pipe & Block Manufacturing in Canada
- Precast Concrete Manufacturing in Canada
- Concrete Product Manufacturing in Australia
Table of Contents
About this industry
Industry definition
Operators in this industry manufacture concrete products for use in construction. This includes prefabricated structural components made of cement, concrete or artificial stone and other precast concrete, cement or artificial stone articles such as tiles, flagstones, bricks, boards and sheets.
What's included in this industry?
Pre-fabricated structural componentsTiles and flagstonesConcrete bricks and blocksCompanies
Marshalls plcForterra Building Products LtdAggregate Industries UK LtdPurchase this report to view all 6 major companies in this industry.
Related Terms
PREFABRICATED STRUCTURAL COMPONENTSPRECAST CONCRETECULVERTIndustry Code
SIC 23.61 - Concrete Construction Product Manufacturing in the UK
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
The COVID-19 outbreak brought industry services to a halt. Nationwide lockdown restrictions imposed by the government brought concrete product construction activity to a halt...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
High-profile infrastructure projects lift demand for prefabricated structural components. Major projects like the Crossrail project and the Euston High Speed 2 project boost ...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The East Midlands has many cement and clinker plants. The weight of concrete limits where manufacturers can locate their facilities as distributions and operating costs can b...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Larger manufacturers can benefit from economies of scale. The bigger concrete construction product manufacturers leverage scale and scope economies to help cut distribution c...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Companies like Marshalls have benefited from acquisition activity. The company has undergone acquisition activity in recent years which has pushed up revenue.
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Marshalls plc's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Forterra Building Products Ltd's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Aggregate Industries UK Ltd's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for 3 additional companies
Detailed analysis
- Description and key data for Marshalls plc, and factors influencing its performance in the industry
- Description and key data for Forterra Building Products Ltd, and factors influencing its performance in the industry
- Description and key data for Aggregate Industries UK Ltd, and factors influencing its performance in the industry
- Description, key data and performance trends for 3 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Government investment in infrastructure influences industry performance. Weighty government investment into public infrastructure can bring in lucrative supply contracts for ...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Supply chain disruptions have spiked purchase costs. Major supply chain disruptions off the back of the COVID-19 outbreak have pushed up the prices of raw materials.
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Liquidity Ratios (2018-2022)
- Coverage Ratios (2018-2022)
- Leverage Ratios (2018-2022)
- Operating Ratios (2018-2022)
- Assets (2018-2022)
- Liabilities (2018-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the UK include:
- Office for National Statistics
- Office for Budget Responsibility
- Bank of England
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Concrete Construction Product Manufacturing in the UK industry in United Kingdom in 2024?
The market size of the Concrete Construction Product Manufacturing in the UK industry in United Kingdom is £4.0bn in 2024.
How many businesses are there in the Concrete Construction Product Manufacturing in the UK industry in 2024?
There are 635 businesses in the Concrete Construction Product Manufacturing in the UK industry in United Kingdom, which has grown at a CAGR of 2.0 % between 2019 and 2024.
Has the Concrete Construction Product Manufacturing in the UK industry in United Kingdom grown or declined over the past 5 years?
The market size of the Concrete Construction Product Manufacturing in the UK industry in United Kingdom has been growing at a CAGR of 1.0 % between 2019 and 2024.
What is the forecast growth of the Concrete Construction Product Manufacturing in the UK industry in United Kingdom over the next 5 years?
Over the next five years, the Concrete Construction Product Manufacturing in the UK industry in United Kingdom is expected to grow.
What are the biggest companies in the Concrete Construction Product Manufacturing in the UK market in United Kingdom?
The biggest companies operating in the Concrete Construction Product Manufacturing market in United Kingdom are Marshalls plc, Forterra Building Products Ltd and Aggregate Industries UK Ltd
What does the Concrete Construction Product Manufacturing in the UK in United Kingdom include?
Pre-fabricated structural components and Tiles and flagstones are part of the Concrete Construction Product Manufacturing in the UK industry.
Which companies have the highest market share in the Concrete Construction Product Manufacturing in the UK in United Kingdom?
The company holding the most market share in United Kingdom is Marshalls plc.
How competitive is the Concrete Construction Product Manufacturing in the UK industry in United Kingdom?
The level of competition is moderate and steady in the Concrete Construction Product Manufacturing in the UK industry in United Kingdom.
