by Corinne Gangloff
December 30, 2019
According to the study Hardscaping Products, sales of concrete used in hardscaping applications are forecast to grow 5.6% per year through 2023 to $2.0 billion.
Gains will be driven by:
For more information visit: https://www.freedoniagroup.com/industry-study/hardscaping-products-3795.htm
Further advances will be limited by competition from a variety of alternative materials, especially natural and faux stone and clay brick.
Concrete hardscaping in residential markets is expected to account for 67% of demand gains through 2023. Gains in residential construction and renovation activities will continue to support this market.
Additional opportunities for sales will potentially arise from growing interest and investment in commercial and urban areas for green spaces like parklets.
Contact Corinne Gangloff for an interview with the analyst.
Additional Consumer Goods studies can be viewed here:
https://www.freedoniagroup.com/industry-category/cons/consumer-goods.htm
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