Global Hollow Concrete Blocks Market Size & Outlook
The hollow concrete blocks industry worldwide is expected to reach a projected revenue of US$ 374.2 billion by 2030. A compound annual growth rate of 5.3% is expected of the worldwide hollow concrete blocks industry from 2023 to 2030.
Revenue, 2022 (US$B)
$247.1
Forecast, 2030 (US$B)
$374.2
CAGR, 2023 - 2030
5.3%
Report Coverage
Worldwide
Global hollow concrete blocks market, 2018-2030 (US$B)
Related Markets
Global hollow concrete blocks market highlights
- The global hollow concrete blocks market generated a revenue of USD 247.1 billion in 2022 and is expected to reach USD 374.2 billion by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.3% by 2030.
- In terms of segment, split-faced accounted for a revenue of USD 155.8 billion in 2022.
- Split-faced is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 247.1 billion |
| Market revenue in 2030 | USD 374.2 billion |
| Growth rate | 5.3% (CAGR from 2022 to 2030) |
| Largest segment | Split-faced |
| Fastest growing segment | Split-faced |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Split-faced, Smooth-faced |
Other key industry trends
- In terms of revenue, the North America accounted for 19.4% of the global hollow concrete blocks market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 3.1 billion by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Hollow Concrete Blocks Market Scope
Hollow concrete blocks market segmentation & scope
Hollow Concrete Blocks Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global hollow concrete blocks market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hollow concrete blocks market will help companies and investors design strategic landscapes.
split-faced was the largest segment with a revenue share of 63.05% in 2022. Horizon Databook has segmented the Global hollow concrete blocks market based on split-faced, smooth-faced covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Hollow Concrete Blocks Product Outlook (Revenue, USD Billion, 2018-2030)
- Split-faced
- Smooth-faced
- Global Hollow Concrete Blocks Application Outlook (Revenue, USD Billion, 2018-2030)
- Residential
- Non-residential
Reasons to subscribe to Global hollow concrete blocks market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global hollow concrete blocks market databook
-
Our clientele includes a mix of hollow concrete blocks market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global hollow concrete blocks market , including forecasts for subscribers. This global databook contains high-level insights into Global hollow concrete blocks market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global hollow concrete blocks market outlook statistics, by region, 2018-2030 (US$B)
Top 10 countries: Hollow concrete blocks market size, 2022 (USD Billion)
Top 10 countries: Hollow concrete blocks market size, 2022 (USD Billion)
Global hollow concrete blocks market, by region, 2022 (US$B)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
